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Sold for $650,000
  • $650,000

    5004 Thomas Dr #1406, Panama City Beach, FL 32407

    2beds
    1,370sqft
    Condo
    Built in 2005
    -- sqft lot
    $-- Zestimate®
    $474/sqft
    $2,568 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,568/mo

    Zestimate® history
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    What's special

    Easy beach accessHigh floorLuxurious finishesHot tubBreakfast barFloor-to-ceiling windowsOpen-concept living space
    Owner Financing Available for approved applicants! Condo is fully booked and generating great income! This stunning 2-bedroom, 2-bath condo is perched on a high floor in Panama City Beach, offering breathtaking, panoramic views of the sparkling Gulf. As you step inside, you’re immediately greeted by an open-concept living space bathed in natural light, thanks to floor-to-ceiling windows that showcase the mesmerizing ocean vistas. The spacious living room is perfect for relaxing or entertaining, with comfortable seating and a stylish décor that complements the coastal vibe. The fully equipped kitchen features modern appliances, sleek countertops, and a breakfast bar for casual dining. Adjacent to the kitchen, the dining area offers the perfect spot to enjoy meals while soaking in the views. A/C system is brand new replaced as of Feb 2025, new sofas as of Feb 2025. The master suite is a true retreat, with its own private balcony access where you can enjoy a morning coffee while listening to the gentle waves. The en-suite bathroom boasts luxurious finishes, including a walk-in shower, soaking tub, and double vanity. The second bedroom is equally spacious and comfortable, with easy access to the second bathroom, which also has modern fixtures and a shower/tub combo. Both bedrooms are designed to maximize comfort and offer plenty of closet space. With the condo's high-floor location, you can enjoy not only stunning ocean views but also unparalleled sunsets over the Gulf. Amenities within the building include a pool, hot tub, fitness center, and easy beach access—everything you need to live the ultimate beach lifestyle. Whether you’re looking for a vacation getaway, a short term rental opportunity, or a full-time residence, this condo offers a perfect combination of luxury, convenience, and natural beauty.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Electric
    Cooling
    • Other
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Tile, Carpet
    • Basement: None
    • Furnished: Yes
    Interior area
    • Total interior livable area: 1,370 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    Features
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Details
    • Parcel number: 31437249000

    Construction

    Type & style
    • Home type: Condo
    Materials
    • Roof: Other
    Condition
    • Year built: 2005

    Utilities & green energy

    • Utilities for property: Electric, Public Water, Public Sewer

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $859 monthly
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $474/sqft
    • Tax assessed value: $573,750
    • Annual tax amount: $7,091

    Price history

    DateEventPrice
    12/3/2025Listing removed--
    Source: Owner Report a problem
    9/4/2025Listed for sale$650,000+0%$474/sqft
    Source: Owner Report a problem
    8/11/2025Listing removed--
    Source: Owner Report a problem
    5/13/2025Price change$649,988+3.2%$474/sqft
    Source: Owner Report a problem
    3/22/2025Price change$629,988-2.3%$460/sqft
    Source: Owner Report a problem
    3/20/2025Price change$644,9880%$471/sqft
    Source: Owner Report a problem
    3/18/2025Listed for sale$645,000-0.8%$471/sqft
    Source: Owner Report a problem
    9/9/2024Sold$650,000$474/sqft
    Source: Public Record Report a problem
    4/27/2023Sold$650,000+67.5%$474/sqft
    Source: Public Record Report a problem
    11/4/2019Sold$388,000-2.8%$283/sqft
    Source: CPAR #686682 Report a problem
    10/1/2019Price change$399,000-2.7%$291/sqft
    Source: Coastal Luxury #828364 Report a problem
    8/28/2019Price change$410,000-1.2%$299/sqft
    Source: Coastal Luxury #828364 Report a problem
    7/31/2019Listed for sale$415,000+38.8%$303/sqft
    Source: Coastal Luxury #828364 Report a problem
    9/5/2014Sold$299,000$218/sqft
    Source: CPAR #606403 Report a problem
    3/3/2013Listed for sale$299,000-25.2%$218/sqft
    Source: Jim Free Realty #606403 Report a problem
    4/7/2012Listing removed$399,900+45.4%$292/sqft
    Source: Jim Free Realty Report a problem
    2/19/2009Sold$275,000-31.2%$201/sqft
    Source: Public Record Report a problem
    9/28/2008Listed for sale$399,900$292/sqft
    Source: Jim Free Realty Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$7,091 +14.7%$573,750 +34.4%
    2023$6,182 +21.1%$426,828 +10%
    2022$5,106 $388,025
    2021-- --
    2020$4,125 +9.2%$335,750 +13%
    2019$3,779 $297,110 +10%
    2018$3,779 +10.5%$270,100 +0.6%
    2017$3,421 -0.1%$268,600 +1.9%
    2016$3,425 +1.9%$263,500 +4.7%
    2015$3,361 $251,600 +12.1%
    2014$3,361 $224,400 +10%
    2013-- $204,000 +3.2%
    2012-- $197,625 -6.3%
    2011-- $210,800 -7.3%
    2010-- $227,375 -13.7%
    2009-- $263,500 -22.5%
    2008-- $340,000 -15.8%
    2007-- $403,750 -17.4%
    2006-- $488,752
    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: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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