Prime Gulf-Front Corner Unit at the Dunes of Panama Enjoy endless, unobstructed views of the Emerald Coast from every room in this beautiful spacious 2-bedroom, 2-bath Gulf-front condo. With 1,600 sq. ft. of bright, open living space, this corner unit offers panoramic views from the living, dining, kitchen, and both bedrooms. STR - this is a proven income producer, this property generated $99,968 in 2023, $96,050 in 2024, and $77,863 YTD for 2025. Whether you're seeking a luxury beachfront retreat or a strong-performing investment, this Dunes of Panama condo delivers exceptional views and returns. The Dunes of Panama Resort has 1500 linear square feet of sugar white sand, 3 pools, pickleball and tennis courts, basketball court, fitness room, shuffleboard, outdoor BBQ grills, poolside tiki bar, Stingray's restaurant & deli/souvenir shop.
Property Features
Other Rooms
- Total Rooms: 2
- DiningRoom Dimensions: 14' x 20'
- DiningRoom Level: First
- DiningRoom Description: Gulf Front
- LivingRoom Dimensions: 17' x 20'
- LivingRoom Level: First
- LivingRoom Description: Gulf Front
- Living Room Dimensions: 17' x 20'
- Living Room Level: First
- Living Room Description: Gulf Front
Appliances
- Dryer
- Dishwasher
- IceMaker
- Microwave
- Refrigerator
- Washer
Bedrooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Interior Features
- KitchenIsland
- WindowTreatments
- Flooring: Tile
Heating and Cooling
- Cooling Features: CentralAir
- Heating Features: HeatPump
- Heating: Yes
Kitchen and Dining
- Dining Room Description: Gulf Front
- Dining Room Dimensions: 14' x 20'
- Dining Room Level: First
Exterior and Lot Features
- CoveredPatio
- Other Structures: PoolHouse, TennisCourts
- Patio And Porch Features: Deck
- Deck: Yes
Pool and Spa
- Pool Features: Fenced, InGround, Community
Waterfront and Water Access
Land Info
- Land Lease: No
- Lot Size Dimensions: 0x0
Manufactured and Mobile Info
Garage and Parking
- Parking Features: Paved, ParkingLot, Gated
Home Features
- View: Gulf
- Security Features: GatedWithGuard, TwentyFourHourSecurity, SecurityGate
Homeowners Association
- Association: Yes
- Association Amenities: BeachAccess, GameRoom, Gated, Gazebo, Barbecue
- Association Fee Includes: AssociationManagement, Clubhouse, CableTv, Insurance, Internet, LegalAccounting, MaintenanceGrounds, MaintenanceStructure, PestControl, Pools, RecreationFacilities, Security, TennisCourts, Trash, Water
- Senior Community: No
School Information
- Elementary School: Patronis
- High School: Arnold
- Middle School: Surfside
Multi-Unit Info
Rental Info
- Units Furnished: AllUnits
Amenities and Community Features
- Community Features: Barbecue, BasketballCourt, Beach, Clubhouse, Elevator, Gated, Park, Pool, TennisCourts, ShortTermRentalAllowed
Other Property Info
- Annual Tax Amount: 4359
- Source Listing Status: Active
- County: Bay
- Directions: From the corner of Joan Avenue and Thomas Drive, go East (Left) on Thomas Drive for approximately one mile. Turn right into Dunes of Panama after you pass Rick Seltzer Public Park. Check in with Security at the entrance. A building is located on your right
- Tax Year: 2024
- Restrictions: ShortTermRentalsAllowed
- Source Property Type: Residential
- Area: 03 - Bay County - Beach
- Property Subtype: condo
- MLS Area Minor: 0323 - Beach - South of Grand Lagoon
- Source Neighborhood: Dunes Of Panama Phase I
- Parcel Number: 30840-006-000
- Postal City: Panama City
- Property Location: Within 1/2 Mile to Water, Dedicated Beach, Near Beach Access, Coastal Construction Control Line
- State Region: FL
- Subdivision: Dunes Of Panama Phase I
- Zoning Description: Resid Single Family
- Property Subtype: Condominium
Building and Construction
- Year Built: 1974
- Building Area Total: 1600
- Construction Materials: Concrete
- Living Area Source: Plans
- Property Age: 51
- Levels or Stories: 7
- Architectural Style: MidRise
Utilities
- CableConnected
- HighSpeedInternetAvailable
- TrashCollection