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Sold for $570,000
  • $570,000

    5004 Thomas Dr #2210, Panama City Beach, FL 32407

    2beds
    1,370sqft
    Condominium
    Built in 2005
    -- sqft lot
    $560,100 Zestimate®
    $416/sqft
    $2,330 Estimated rent

    Home value

    $560,100

    $510,000 - $616,000

    $2,330/mo

    Zestimate® history
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    What's special

    Hot tubGulf-front poolAttached covered parking garageLuxurious mattressesBreathtaking sunset viewsStunning vistasFitness center
    Motivated Seller !!!!! Make a offer for your little piece of paradise. Now's your chance to own in one of the best complexes on the beach., Treasure Island Resort is putting the final touches on a $14 million renovation project, encompassing enhanced elevators, roof improvements, building repairs, waterproofing, and a complete repaint. These enhancements will also incorporate cutting-edge fiber-optic internet access. prepare to be thrilled- both you and your guest are bound to adore it. The new repairs and upgrades will also ensure that ''Treasure Island Resort'' remains one of the premier family rental complexes on the beach for many years to come. This exquisite two-bedroom, two -bathroom penthouse condo spans and impressive 1,370 square feet and comes fully furnished for your convenience. Impeccably maintained, this unit boasts luxurious mattresses, furnishings, window treatments, and tasteful wall art, elevating its welcoming atmosphere. The spacious balcony is meticulously furnished and among the finest in the building, ready for your relaxation. With an open floor plan featuring soaring 10-foot vaulted ceilings, it offers breathtaking sunset views from the living room, kitchen, and master suite. This penthouse unit provides stunning vistas from both its front bayside balcony and your private gulf side balcony, serving as the perfect vantage point for observing dolphins turtles, and other marine life. Enjoy the serene sound of waves along the coastline, free from the noise associated with lower units. Treasure Island Resort offers a plethora of upscale amenities, such as a Gulf-front pool, hot tub, fitness center, gazebo, grilling area, and attached covered parking garage. With its luxurious features, stunning views, and convenient location, it stands as an ideal destination for those looking to own their own piece of paradise. Situated on the tranquil east end of the beach. Treasure Island ensures a serene and peaceful atmosphere. Moreover, Treasure Island enjoys an ideal location just a short walk away from one of the PCB's beloved beachfront bar/restaurants, Schooners. It also offers proximity to St. Andrews State Park and an array of PCB's top dinning spots, such as The Grand Marlin, Captain Anderson's, Patches, Newby's Deck Hand Social, Diego's, Triple J Steak House, J Michael's and our personal favorite, Christo's.

    Zillow last checked:

    Listing updated:

    Listed by:

    Mike Rylee 850-238-6261,

    Beach Time Realty, Inc

    Bought with:

    Brian Clowdus

    Christies International Real Estate Emerald Coast

    Source: CPAR,MLS#: 758272MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Bedroom, Kitchen, Living Room, Primary Bedroom
    Primary bedroom
    • Level: First
    • Dimensions: 13 x 14
    Bedroom
    • Level: First
    • Dimensions: 14 x 12
    Kitchen
    • Dimensions: 12 x 12
    Living room
    • Level: First
    • Dimensions: 16 x 16
    Heating
    • Central, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Electric Oven, Electric Water Heater, Ice Maker
    Interior area
    • Total structure area: 1,370
    • Total interior livable area: 1,370 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Garage spaces: 2
    Features
    • Patio & porch: Balcony, Covered, Porch
    • Pool features: Fenced, Gas Heat, In Ground, Community
    • Has view: Yes
    • View description: Gulf
    • Has water view: Yes
    • Water view: Gulf
    • Waterfront features: Gulf, Shoreline - Sand
    Details
    • Parcel number: 31437349000
    • Zoning description: Resort

    Construction

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

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Electricity Available, Phone Connected, Water Connected, Phone Available

    Community & HOA

    Community
    • Features: Beach, Business Center, Fitness Center, Game Room, Park, Pool, Shopping, Waterfront, Community Pool, Short Term Rental Allowed
    • Security: Building Security, 24 Hour Security, Security Guard, Security Service
    • Subdivision: Treasure Island Resort
    HOA
    • Has HOA: Yes
    • Amenities included: Other, See Remarks, Beach Rights, Business Center, Game Room, Gated, Barbecue
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $416/sqft
    • Tax assessed value: $573,750
    • Annual tax amount: $5,934
    • Date on market: 6/7/2024
    • Cumulative days on market: 1043 days
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    2/17/2026Sold$570,000-6.6%$416/sqft
    Source: CPAR #758272 Report a problem
    1/29/2026Pending sale$610,000$445/sqft
    Source: CPAR #758272 Report a problem
    6/10/2025Price change$610,000-2.4%$445/sqft
    Source: CPAR #758272 Report a problem
    11/2/2024Price change$625,000-0.5%$456/sqft
    Source: CPAR #758272 Report a problem
    9/10/2024Price change$628,000-0.5%$458/sqft
    Source: CPAR #758272 Report a problem
    8/11/2024Price change$631,000-0.2%$461/sqft
    Source: CPAR #758272 Report a problem
    7/18/2024Price change$632,000-3.5%$461/sqft
    Source: CPAR #758272 Report a problem
    6/7/2024Listed for sale$655,000-1.5%$478/sqft
    Source: CPAR #758272 Report a problem
    4/17/2024Listing removed$665,000$485/sqft
    Source: CPAR #739091 Report a problem
    3/22/2023Listed for sale$665,000+110.4%$485/sqft
    Source: CPAR #739091 Report a problem
    9/29/2015Sold$316,000-2.8%$231/sqft
    Source: CPAR #633853 Report a problem
    7/3/2015Price change$325,000-2.1%$237/sqft
    Source: Resortquest Real Estate #633853 Report a problem
    5/16/2015Price change$332,000-0.3%$242/sqft
    Source: Resortquest Real Estate #726591 Report a problem
    5/7/2015Price change$333,000-0.3%$243/sqft
    Source: Resortquest Real Estate #726591 Report a problem
    4/3/2015Listed for sale$334,000+19.3%$244/sqft
    Source: Resortquest Real Estate #726591 Report a problem
    3/7/2014Sold$280,000-12.2%$204/sqft
    Source: Public Record Report a problem
    7/6/2012Listing removed$319,000$233/sqft
    Source: Jim Free Realty #503903 Report a problem
    2/17/2012Listed for sale$319,000$233/sqft
    Source: Jim Free Realty #503903 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 +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: 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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    $571,302