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Sold for $825,000
  • $825,000

    5004 Thomas Dr #112, Panama City Beach, FL 32408

    3beds
    1,950sqft
    Condominium
    Built in 2005
    -- sqft lot
    $-- Zestimate®
    $423/sqft
    $2,984 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,984/mo

    Zestimate® history
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    What's special

    HOA's are going DOWN on this rarely available--walk straight from your condo to the pool and beach beyond with this ground-floor Gulf-front coastal retreat. Located on the highly desirable east end of Panama City Beach, this rare ground-floor, 3-bedroom, 3-bath residence at Treasure Island Resort offers direct walk-out access to the pool and Gulf--no elevators, no waiting, just effortless coastal living. Spanning nearly 2,000 sq ft, this spacious floor plan is designed for comfort and gathering, featuring a Gulf-front primary bedroom with beautiful water views and direct access to the patio. The open living and dining areas are filled with natural light and showcase the Gulf, creating a relaxed and inviting beachside retreat. Three-bedroom units are limited within the building, and ground-floor availability is exceptionally rare--making this a unique opportunity. Offered in turnkey condition, this property is well-suited for both personal use and vacation rental. Rental Potential: Highly desirable features for vacation guests include ground-floor convenience, a large 3-bedroom layout, and immediate access to the pool and beach--supporting strong occupancy and rental appeal. Prime East End Location: Within walking distance to St. Andrews State Park and just minutes to Shell Island, public boat ramps, marinas, and popular waterfront dining. Enjoy a quieter stretch of beach while remaining close to everything Panama City Beach has to offer. Key Features: Rare ground-floor Gulf-front location Direct walk-out to pool and beach--no elevators required Spacious 3-bedroom, 3-bath layout Nearly 2,000 sq ft of living space Gulf-front primary bedroom with water views and patio access Open-concept living and dining areas with abundant natural light Newly painted throughout Turnkey condition--well maintained and move-in or rental ready Strong vacation rental potential Located on the desirable east end of Panama City Beach Walking distance to St. Andrews State Park Minutes to Shell Island, boat ramps, marinas, and waterfront dining A rare combination of location, convenience, Gulf-front views, and spacious design. All information deemed reliable but not guaranteed. Buyer to verify.

    Zillow last checked:

    Listing updated:

    Listed by:

    Mary L Tisdale 850-866-8867,

    Keller Williams Realty Emerald

    Bought with:

    Michele Morros, 3085018

    Keller Williams Success Realty

    Ann Wohlford, 3196138

    Keller Williams Success Realty

    Source: CPAR,MLS#: 786905MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Bedroom, Dining Room, Kitchen, Living Room, Primary Bedroom
    Primary bedroom
    • Level: First
    • Dimensions: 15 x 14
    Bedroom
    • Level: First
    • Dimensions: 11 x 11
    Bedroom
    • Level: First
    • Dimensions: 11 x 10
    Dining room
    • Level: First
    • Dimensions: 13 x 10
    Kitchen
    • Level: First
    • Dimensions: 15 x 14
    Living room
    • Level: First
    • Dimensions: 25 x 25
    Heating
    • Central
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Washer/Dryer Stacked, Electric Range, Electric Water Heater
    • Laundry: Stacked
    Interior area
    • Total structure area: 1,950
    • Total interior livable area: 1,950 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Additional Parking
    • Garage spaces: 1
    Features
    • Patio & porch: Covered, Patio
    • Exterior features: Barbecue, Outdoor Shower
    • Pool features: In Ground, Community
    • Has view: Yes
    • View description: Gulf
    • Has water view: Yes
    • Water view: Gulf
    • Waterfront features: Gulf
    Details
    • Parcel number: 31437111000

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: High Rise
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 2005

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Electricity Available, High Speed Internet Available

    Community & HOA

    Community
    • Features: Beach, Elevator, Park, Pool, Waterfront, Barbecue, Community Pool, Short Term Rental Allowed
    • Security: 24 Hour Security
    • Subdivision: Treasure Island Resort
    HOA
    • Has HOA: Yes
    • Amenities included: Other, See Remarks, Beach Rights, Gated, Gazebo, Barbecue, Picnic Area
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $423/sqft
    • Tax assessed value: $1,009,375
    • Annual tax amount: $10,699
    • Date on market: 3/17/2026
    • Cumulative days on market: 41 days
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    5/19/2026Sold$825,000-8.2%$423/sqft
    Source: CPAR #786905 Report a problem
    4/30/2026Pending sale$899,000$461/sqft
    Source: CPAR #786905 Report a problem
    3/17/2026Listed for sale$899,000-2.8%$461/sqft
    Source: CPAR #786905 Report a problem
    12/30/2025Listing removed$925,000$474/sqft
    Source: CPAR #761270 Report a problem
    10/6/2024Price change$925,000-0.5%$474/sqft
    Source: CPAR #761270 Report a problem
    8/13/2024Listed for sale$930,000$477/sqft
    Source: CPAR #761270 Report a problem
    7/9/2024Listing removed--
    Source: CPAR #753793 Report a problem
    5/16/2024Price change$930,000-5.1%$477/sqft
    Source: CPAR #753793 Report a problem
    3/6/2024Listed for sale$980,000+0.1%$503/sqft
    Source: CPAR #753793 Report a problem
    1/31/2024Listing removed--
    Source: CPAR #744825 Report a problem
    9/20/2023Price change$979,000-0.1%$502/sqft
    Source: CPAR #744825 Report a problem
    8/7/2023Listed for sale$980,000-6.2%$503/sqft
    Source: CPAR #744825 Report a problem
    6/28/2023Listing removed$1,045,000$536/sqft
    Source: CPAR #729892 Report a problem
    6/15/2023Price change$1,045,000-0.5%$536/sqft
    Source: CPAR #729892 Report a problem
    5/2/2023Price change$1,050,000-4.5%$538/sqft
    Source: CPAR #729892 Report a problem
    3/22/2023Listed for sale$1,100,000-4.3%$564/sqft
    Source: CPAR #729892 Report a problem
    1/26/2023Listing removed--
    Source: CPAR #729892 Report a problem
    12/27/2022Price change$1,150,000-2.1%$590/sqft
    Source: CPAR #729892 Report a problem
    8/31/2022Price change$1,175,000-2.1%$603/sqft
    Source: CPAR #729892 Report a problem
    7/25/2022Listed for sale$1,200,000+84.6%$615/sqft
    Source: CPAR #729892 Report a problem
    3/26/2021Sold$650,000-6.6%$333/sqft
    Source: CPAR #705533 Report a problem
    2/17/2021Pending sale$696,000$357/sqft
    Source: CPAR #705533 Report a problem
    1/31/2021Price change$696,000-0.1%$357/sqft
    Source: CPAR #705533 Report a problem
    1/19/2021Price change$697,000-0.1%$357/sqft
    Source: CPAR #705533 Report a problem
    1/13/2021Listed for sale$698,000+21.4%$358/sqft
    Source: CPAR #705533 Report a problem
    8/24/2007Sold$575,000$295/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$11,860 +3.3%$925,650 +10%
    2023$11,481 +29.2%$841,500 +10%
    2022$8,888 $765,000
    2021-- --
    2020$6,658 +5.3%$544,000 +6.7%
    2019$6,323 $510,000 +7.2%
    2018$6,323 +5.5%$475,575 -1%
    2017$5,993 -1.6%$480,250 +3.2%
    2016$6,092 -0.3%$465,375 +1.7%
    2015$6,113 $457,632 +10%
    2014$6,113 $416,029 +10%
    2013-- $378,208
    2012-- $378,208
    2011-- $378,208 -11%
    2010-- $425,000 -9.1%
    2009-- $467,500 -4.3%
    2008-- $488,750 -21.4%
    2007-- $621,434 -17.4%
    2006-- $752,250
    Find assessor info on the county website

    Neighborhood: Lower Grand Lagoon

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Patronis
    • Middle: Surfside
    • High: Arnold

    Source: CPAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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