Surface Pro 3 12" Intel i5 256GB Tablet

anyone know how these are packaged? Considering as a gift to someone that wouldn’t mind that it’s a refurb, just curious if this would come in an original retail-style box or not.

In general refurbished items will come in plain or bulk packaging.

Is this the latest version the 3?

It is the Surface Pro 3. According to Amazon, this model was released on July 20, 2015.