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Sold for $540,000
  • $540,000

    5004 Thomas Dr #1704, Panama City Beach, FL 32407

    2beds
    1,370sqft
    Condominium
    Built in 2005
    -- sqft lot
    $577,400 Zestimate®
    $394/sqft
    $2,330 Estimated rent

    Home value

    $577,400

    $531,000 - $624,000

    $2,330/mo

    Zestimate® history
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    What's special

    Prime beachfront locationHot tubGranite countersGenerous second bedroomBreakfast barCovered parkingFloor-to-ceiling glass sliders
    This property has sold! Discover similar listings by reaching out to us for an updated list of available properties that match your preferences. **INCREDIBLE VIEWS DOWN THE ENTIRE COAST** This well-maintained 2BR/2BA+BUNKS Treasure Island condo offers everything vacationers want: space and comfort for up to eight guests, unbeatable convenience with a prime beachfront location and resort-style amenities, and some of the most spectacular views on Panama City Beach. Perched on the 17th floor, this unit showcases breathtaking, unobstructed views of the coastline from the living and dining areas, the oversized private balcony, and the master suite. High-floor living means peaceful mornings and quieter evenings, far removed from the lively activity and beach-level noise found on lower floors. Treasure Island's unique building orientation offers especially dramatic views of both sunrises and sunsets. Inside, the condo is bright, spacious, and welcoming, with 9' ceilings and floor-to-ceiling glass sliders in both the living room and master bedroom that open onto the balcony. Upgraded LVP flooring in the living areas and bedrooms, along with tile in the foyer, kitchen, and baths, offers durability and easy maintenance. The master suite is a private retreat with sweeping gulf views, balcony access, dual vanities, and a glass walk-in shower. The built-in bunk area is cleverly tucked away to maximize space and flexibility, while the generous second bedroom makes the unit even more rental-friendly. The kitchen overlooks the Gulf and features granite counters, a breakfast bar, and stainless steel appliances. Resort-style amenities complete the package: a beachfront heated pool, hot tub, kiddie pool, fitness center, owner's lounge, game room, gazebos with grills, covered parking, and pet-friendly policies. High-speed elevators provide quick, reliable access. Treasure Island's well-managed HOA keeps fees low and includes cable and internet, adding value and ease. Located on the quieter east end of PCB - away from traffic and crowds - Treasure Island is just steps from popular PCB spots like Schooners, St. Andrews State Park, marinas, golf, shops, and more. Everything vacationers want, from fresh seafood and live music to beach days and boating adventures, is right nearby. Whether for personal enjoyment or a smart rental investment, this condo is worth a closer look...reach out for more information.

    Zillow last checked:

    Listing updated:

    Listed by:

    Duran Group 850-527-0221,

    Berkshire Hathaway HomeServices Beach Properties of Florida

    Bought with:

    Regina M Kukla

    Counts Real Estate Group Inc

    Source: CPAR,MLS#: 775677MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Bedroom, Primary Bedroom
    Primary bedroom
    • Level: First
    • Dimensions: 14 x 12
    Bedroom
    • Level: First
    • Dimensions: 12 x 11
    Heating
    • Electric
    Appliances
    • Included: Electric Oven, Electric Range, Electric Water Heater
    Features
    • Double Vanity, Main Level Primary
    Interior area
    • Total structure area: 1,370
    • Total interior livable area: 1,370 sqft

    Property

    Features
    • Patio & porch: Balcony
    • Pool features: Community
    • On waterfront: Yes
    • Waterfront features: Gulf
    Details
    • Parcel number: 31437283000

    Construction

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

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Electricity Available

    Community & HOA

    Community
    • Features: Barbecue, Beach, Clubhouse, Elevator, Fitness Center, Pool, Waterfront, Community Pool, Short Term Rental Allowed
    • Security: Security Service
    • Subdivision: Treasure Island Resort
    HOA
    • Has HOA: Yes
    • Services included: Association Management, Cable TV, Internet, Pest Control, Sewer, Trash, Water
    • HOA fee: $2,575 quarterly
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $394/sqft
    • Tax assessed value: $573,750
    • Annual tax amount: $6,363
    • Date on market: 7/1/2025
    • Cumulative days on market: 101 days
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    10/24/2025Sold$540,000-2.7%$394/sqft
    Source: CPAR #775677 Report a problem
    10/13/2025Pending sale$555,000$405/sqft
    Source: CPAR #775677 Report a problem
    10/10/2025Price change$555,000-2.5%$405/sqft
    Source: CPAR #775677 Report a problem
    7/1/2025Listed for sale$569,000+40.5%$415/sqft
    Source: CPAR #775677 Report a problem
    6/26/2020Sold$405,000-5.6%$296/sqft
    Source: CPAR #686920 Report a problem
    1/15/2020Price change$429,000-4.5%$313/sqft
    Source: Jim Free Realty LLC #686920 Report a problem
    8/6/2019Listed for sale$449,000+28.3%$328/sqft
    Source: Jim Free Realty LLC #686920 Report a problem
    4/7/2012Listing removed$350,000$255/sqft
    Source: Jim Free Realty Report a problem
    11/11/2009Listed for sale$350,000$255/sqft
    Source: Jim Free Realty 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

    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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    $588,948