This complex is oriented so that it gives perhaps the best view of the beach in Panama City Beach.The master bedroom, living and dinning areas have beautiful Gulf Front views. The unit features ceramic tile in the foyer, kitchen and bathroom areas along with plush carpet in the living and bedroom areas. The kitchen has granite countertops and GE appliances. The bathrooms are spacious and have marble countertops. The complex has a large heated pool and a kiddy pool and two gazebos, covered parking, four high-speed elevators, fitness room, owner?s lounge and game room. From the large Gulf Front balcony you have a great view of the west beach and the east beach including the pristine St Andrews State Park. You can watch the ships as they come through the pass. All information and measurements are believed to be correct but buyer should verify all information and measurements. This unit is not furnished. This is a Short Sale (Internet 5457908-4/5/2012)
Sold for $610,000
$610,000
5004 Thomas Dr #1505, Panama City Beach, FL 32407
2beds
2baths
1,370sqft
Condo
Built in 2005
-- sqft lot
$605,000 Zestimate®
$445/sqft
$2,330 Estimated rent
Home value
$605,000
$557,000 - $659,000
$2,330/mo
Zestimate® history
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
Interior area
- Total interior livable area: 1,370 sqft
Property
Features
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
Details
- Parcel number: 31437260000
Construction
Type & style
- Home type: Condo
Condition
- Year built: 2005
Community & HOA
HOA
- Has HOA: Yes
- HOA fee: $434 monthly
Location
- Region: Panama City Beach
Financial & listing details
- Price per square foot: $445/sqft
- Tax assessed value: $573,750
- Annual tax amount: $6,363
Price history
| Date | Event | Price |
|---|---|---|
| 6/1/2026 | Sold | $610,000+106.8%$445/sqft |
Source: Public Record Report a problem | ||
| 11/8/2013 | Sold | $295,000-16.9%$215/sqft |
Source: | ||
| 4/7/2012 | Listing removed | $355,000+29.1%$259/sqft |
Source: Jim Free Realty Report a problem | ||
| 3/23/2009 | Sold | $275,000-22.5%$201/sqft |
Source: Public Record Report a problem | ||
| 9/28/2008 | Listed for sale | $355,000$259/sqft |
Source: Jim Free Realty Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $6,363 +2.9% | $469,511 +10% |
| 2023 | $6,182 +21.1% | $426,828 +10% |
| 2022 | $5,106 | $388,025 |
| 2021 | -- | -- |
| 2020 | $4,069 +7.7% | $326,821 +10% |
| 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 +3.9% |
| 2014 | $3,361 | $242,250 +18.8% |
| 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 homes
- $582,1002 bd2 ba1.3k sqft5004 Thomas Dr UNIT 505, Panama City Beach, FL 32407Off Market
- $605,8002 bd2 ba1.3k sqft5004 Thomas Dr #2205, Panama City Beach, FL 32407Off Market

- $606,2002 bd2 ba1.3k sqft5004 Thomas Dr UNIT 210, Panama City Beach, FL 32407Off Market
- $607,1002 bd2 ba1.3k sqft5004 Thomas Dr UNIT 709, Panama City Beach, FL 32407Off Market
- $615,0002 bd2 ba1.3k sqft5004 Thomas Dr UNIT 1607, Panama City Beach, FL 32407Sold
- $625,0002 bd2 ba1.3k sqft5004 Thomas Dr UNIT 102, Panama City Beach, FL 32407Sold
- $625,0002 bd2 ba1.3k sqft5004 Thomas Dr UNIT 103, Panama City Beach, FL 32407Sold
- $625,0002 bd2 ba1.3k sqft5004 Thomas Dr UNIT 106, Panama City Beach, FL 32407Sold
- $625,0002 bd2 ba1.3k sqft5004 Thomas Dr UNIT 107, Panama City Beach, FL 32407Sold
Nearby schools
GreatSchools rating
- 9/10Patronis Elementary SchoolGrades: K-5Distance: 2.2 mi
- 7/10Surfside Middle SchoolGrades: PK-12Distance: 7.6 mi
- 4/10J.R. Arnold High SchoolGrades: 9-12Distance: 5.8 mi
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$605,000
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- Florida
- Bay County
- Panama City Beach
- 32407
- Lower Grand Lagoon
- 5004 Thomas Dr Unit 1505
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