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For sale
  • $635,000

    5004 Thomas Dr #1507, Panama City Beach, FL 32407

    2beds
    1,370sqft
    : 
    $4,937/mo
    Get pre-qualified
    Condominium
    Built in 2005
    -- sqft lot
    $591,200 Zestimate®
    $464/sqft
    $859/mo HOA

    What's special

    Hot tubGulf-front master suiteLight and airy layoutStunning water viewsPrivate balcony accessFitness roomGrilling area
    Beachfront Paradise at Treasure Island - Spacious 2 BR/2BA Condo with Sunset Views! Welcome to your dream coastal escape at Treasure Island! Perched on the 15th floor, this freshly painted 2-bedroom, 2-bathroom condo offers 1,370 sq ft of spacious beachfront living with breathtaking views of the Gulf of Mexico. Located in the highly desirable east end of Panama City Beach, you're just minutes from St. Andrews State Park, marinas, and some of the area's best local restaurants. Step inside to a light and airy layout designed for comfort and relaxation. The Gulf-front master suite features private balcony access, stunning water views, and an en-suite bathroom with double vanities. Enjoy meals or cocktails on the oversized balcony while watching the sunset melt into the horizon. Resort-style amenities include a beachfront pool, hot tub, and Liza's Snack Shop. There's also a grilling area and fitness room. Whether you're looking for a full-time residence, vacation home, or investment opportunity, this condo checks every box.
    530 days
    |
    98
    |
    4
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Melissa K Ryan 850-960-7653,

    CENTURY 21 Ryan Realty Inc

    Source: CPAR,MLS#: 770434MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Rooms
      • Room types: Bedroom, Living Room, Primary Bedroom
      Primary bedroom
      • Description: Gulf View
      • Level: First
      • Dimensions: 14 x 13
      Bedroom
      • Level: First
      • Dimensions: 12 x 12
      Living room
      • Description: Living/Dinning/Kitchen combo Gulf View
      • Dimensions: 16 x 15
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Electric Cooktop, Electric Range, Warming Drawer
      Features
      • Double Vanity, Main Level Primary, Walk-In Closet(s)
      Interior area
      • Total structure area: 1,370
      • Total interior livable area: 1,370 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 1
      • Parking features: Garage
      • Garage spaces: 1
      Features
      • Patio & porch: Balcony
      • Exterior features: Barbecue
      • Pool features: Gas Heat, In Ground, Community
      • Has view: Yes
      • View description: Gulf
      • Has water view: Yes
      • Water view: Gulf
      • Waterfront features: Gulf
      Details
      • Parcel number: 31437262000

      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

      Community & HOA

      Community
      • Features: Barbecue, Community Pool, Short Term Rental Allowed
      • Subdivision: Treasure Island Resort
      HOA
      • Has HOA: Yes
      • Amenities included: Other, See Remarks, Beach Rights, Barbecue, Picnic Area
      • Services included: Clubhouse, Fitness Facility, Other, Pool(s), See Remarks
      • HOA fee: $2,576 quarterly
      Location
      • Region: Panama City Beach

      Financial & listing details

      • Price per square foot: $464/sqft
      • Tax assessed value: $573,750
      • Annual tax amount: $6,363
      • Date on market: 8/5/2025
      • Cumulative days on market: 531 days

        Estimated market value

        $591,200

        $562,000 - $621,000

        $2,137/mo

        Price history

        DateEventPrice
        6/20/2025Price change$635,000+0%$464/sqft
        Source: CPAR #770434 Report a problem
        4/12/2025Price change$634,9950%$464/sqft
        Source: CPAR #770434 Report a problem
        3/15/2025Listed for sale$635,000-2.3%$464/sqft
        Source: CPAR #770434 Report a problem
        1/5/2025Listing removed$649,990+0%$474/sqft
        Source: CPAR #747664 Report a problem
        8/9/2024Price change$649,9000%$474/sqft
        Source: CPAR #747664 Report a problem
        6/9/2024Price change$650,000-7.1%$474/sqft
        Source: CPAR #747664 Report a problem
        10/9/2023Listed for sale$699,999+0.1%$511/sqft
        Source: CPAR #747664 Report a problem
        8/11/2023Listing removed$699,000$510/sqft
        Source: CPAR #729029 Report a problem
        3/15/2023Price change$699,000-2.8%$510/sqft
        Source: CPAR #729029 Report a problem
        8/8/2022Price change$718,900-1.5%$525/sqft
        Source: CPAR #729029 Report a problem
        8/2/2022Price change$729,9000%$533/sqft
        Source: CPAR #729029 Report a problem
        7/4/2022Listed for sale$730,000+218.8%$533/sqft
        Source: CPAR #729029 Report a problem
        3/22/2011Sold$229,000-5.4%$167/sqft
        Source: Public Record Report a problem
        4/13/2010Listed for sale$242,000$177/sqft
        Source: Visual Tour #399002 Report a problem

        Public tax history

        YearProperty taxesTax 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 +2.8%$263,500 +6.7%
        2015$3,331 $246,840 +10%
        2014$3,331 $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

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Lower Grand Lagoon

        Getting around

        42 / 100
        Car-Dependent
        34 / 100
        Somewhat Bikeable

        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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