Dunes Of Panama Phase V Homes under $500,000

Dunes Of Panama Phase V Homes under $500,000

Welcome to Dunes of Panama Phase V, a hidden gem nestled along the stunning shores of Panama City Beach, Florida. This charming subdivision offers a perfect blend of coastal living and modern amenities, making it an ideal place for families, retirees, and anyone looking to embrace the beach lifestyle.

Dunes of Panama Phase V is situated in Bay County, renowned for its pristine beaches, vibrant community, and a plethora of recreational activities. Residents here enjoy easy access to the sun-kissed sands and sparkling waters of the Gulf of Mexico, where you can soak up the sun, engage in water sports, or simply unwind with a good book.

One of the most appealing aspects of Dunes of Panama Phase V is its selection of homes available for under $500,000. This makes it an excellent opportunity for first-time homebuyers, investors, or those seeking a second home by the beach. The homes in this subdivision are thoughtfully designed, featuring spacious layouts, modern finishes, and many with stunning views of the surrounding landscape.

In addition to the beautiful homes, the community offers a range of amenities including swimming pools, tennis courts, and easy access to nearby shopping, dining, and entertainment options. Whether you’re taking a leisurely stroll along the beach, enjoying a sunset, or exploring the local attractions, Dunes of Panama Phase V provides a lifestyle that is both relaxing and invigorating.

Discover your dream home in Dunes of Panama Phase V, where coastal charm meets affordability, and make every day feel like a vacation!

Newest Dunes Of Panama Phase V Homes under $500,000

7205 Thomas Drive Unit 1205, Panama City Beach

7205 Thomas Drive Unit 1205, Panama City Beach

2 Beds ⋅ 2 Baths ⋅ 794992 MLS

Wake up to sweeping Gulf views from this beautifully furnished 12th-floor residence in Dunes of Panama Phase V. This two-bedroom, two-bath condominium offers approximately 1,000 square feet and has been thoughtfully remodeled with custom cabinetry, quartz countertops, stainless appliances, refreshed baths, and updated lighting. The spacious 24-foot balcony is positioned for memorable sunsets and coastal breezes, while the primary suite enjoys Gulf views, balcony access, and a private bath. A stacked washer and dryer adds everyday convenience. This gated beachfront community offers direct beach access, pools, tennis courts, grilling areas, community spaces, 24-hour security, and ample parking. Ideally located on Thomas Drive near dining, boating, shopping, and entertainment, this furnished retreat is ready to enjoy as a beach getaway, second home, or vacation-rental opportunity. Community highlights include three Gulf-front pools, pickleball and tennis courts, basketball, shuffleboard, a fitness room, picnic and grilling areas, beach swings, and convenient poolside dining options. All measurements, room dimensions, square footage, features, restrictions, and other information are approximate, not guaranteed, and subject to error or change. Buyers and buyers' agents are responsible for independently verifying all information deemed material to their purchase decision.

7205 Thomas Drive Unit 1205, Panama City Beach

7205 Thomas Drive Unit E1704, Panama City Beach

7205 Thomas Drive Unit E1704, Panama City Beach

2 Beds ⋅ 2 Baths ⋅ 793771 MLS

NOW IS THE TIME TO OWN YOUR SLICE OF PARADISE - Dunes of Panama E1704 is a renovated and updated Deluxe 2 Bedroom, 2 Bath Condo with 1,289 sq ft of space to unwind, relax and enjoy your Gulf Front condo! Gulf views from the primary suite and bathroom, living room, kitchen and dining room! Beach front living awaits and it is ready to be utilized as a vacation rental or a second home. Lots of closet space! Features 2 Owner's lockout closets. One right at the entrance to the condo, which can be utilized as extra pantry storage and one in the hallway, next to the washer and dryer. The Dunes of Panama Resort has 1500 linear feet of sugar white sand, 3 gulf front pools (one heated), four pickleball courts, one tennis court, free WI-FI, fitness room, volleyball, shuffleboard, outdoor BBQ grills, Stingray's restaurant and gift shop and the Sneaky Tiki poolside. Water Heater-2018 Washer/Dryer-2018 Outside A/C Compressor-2018 A/C Handler-2014 All dimensions and information herein are deemed reliable but should be verified by buyer.

7205 Thomas Drive Unit E1704, Panama City Beach

7205 Thomas Drive Unit 1504, Panama City

7205 Thomas Drive Unit 1504, Panama City

2 Beds ⋅ 2 Baths ⋅ 788278 MLS

Dunes of Panama 2 bedroom with large balcony. Located on the 15th floor this unit has outstanding views from the living room and primary bedroom. The oversized floor plan has plenty of storage and new slider doors to to view the gulf. Short term rentals are allowed and being sold furnished rental ready.

7205 Thomas Drive Unit 1504, Panama City

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Meet John Arroyo, Founder of Mr. Beach Team

Team Leader | Mr. Beach TeamJohn "Mr. Beach" Arroyo is the founder and team leader of the Mr. Beach Team, helping families buy, sell, and invest throughout Panama City Beach, 30A, Destin, and Florida's Emerald Coast. Known for his energetic personality, honest advice, and educational YouTube videos, John has become a trusted resource for thousands of families considering a move to the Emerald Coast. His passion isn't simply selling homes—it's helping people find the community and lifestyle that best fits their goals.Before launching his real estate career, John spent more than a decade in broadcasting, where he learned the power of storytelling, communication, and building relationships. Today, he combines those skills with innovative digital marketing and local market expertise to help clients make informed real estate decisions.John founded the Mr. Beach Team with a simple mission: educate first, serve well, and let relationships drive the business. Whether he's touring neighborhoods, negotiating contracts, or creating relocation videos, his goal is always to provide honest guidance and help clients make confident decisions.His faith in Jesus Christ is the foundation of both his life and his business. John believes every opportunity to serve is a blessing, and he strives to lead with integrity, humility, generosity, and excellence. Those values influence every client relationship and every decision the team makes.When he's not helping clients, you'll find John with his wife, Sarah—better known as Mrs. Beach—and their daughters, Ruby and Poppy, enjoying everything the Emerald Coast has to offer. As a husband, father, entrepreneur, and REALTOR®, John understands that home is about far more than real estate—it's about building a life where your family can thrive.Whether you're relocating across the country, searching for your dream beach home, or making your next investment, John and the Mr. Beach Team are committed to helping you make the right move with confidence, integrity, and a servant's heart.

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