Sold for $635,000

$635,000

5004 Thomas Dr #603, Panama City Beach, FL 32407

2beds

1,370sqft

Condominium

Built in 2005

-- sqft lot

$586,600 Zestimate^®

$464/sqft

$2,137 Estimated rent

Home value

$586,600

$546,000 - $634,000

$2,137/mo

Zestimate^® history

Owner options

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$2,137/mo

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$2,137/mo

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$4,117/mo

Est. payment

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$4,117/mo

Est. payment

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What's special

Spacious balcony

This is your opportunity to own a unit on the much desired 6th floor with perhaps the best view of the entire beach from your spacious balcony. Because of the orientation of this complex you can see the entire Panama City Beach. This complex is within walking distance of the St Andrews State Park, many fine restaurants and shopping areas. It is also near the new Bay County multi million dollar sports complex. All information is believed to be correct but should be verified by the Buyer.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Rooms

Room types: Kitchen, Living Room

Kitchen

Description: Kitchen & Dinning area
Level: First
Dimensions: 14 x 14

Living room

Level: First
Dimensions: 16 x 15

Heating

Central, Electric

Cooling

Central Air, Ceiling Fan(s)

Appliances

Included: Electric Range, Electric Water Heater

Interior area

Total structure area: 1,370
Total interior livable area: 1,370 sqft

Property

Parking

Total spaces: 2
Covered spaces: 2

Features

Patio & porch: Balcony
Exterior features: Barbecue, Outdoor Shower
Pool features: Gas Heat, In Ground, Community, Pool
Has view: Yes
View description: Gulf
Has water view: Yes
Water view: Gulf
Waterfront features: Gulf, Shoreline - Sand

Lot

Features: Paved

Details

Parcel number: 31437162000
Zoning description: Resid Multi-Family
Special conditions: Listed As-Is

Construction

Type & style

Home type: Condo
Architectural style: High Rise
Property subtype: Condominium
Attached to another structure: Yes

Materials

Block, Concrete, Stucco
Foundation: Pillar/Post/Pier
Roof: Flat,Membrane

Condition

Year built: 2005

Utilities & green energy

Sewer: Public Sewer
Utilities for property: Cable Connected

Community & HOA

Community

Features: Beach, Clubhouse, Elevator, Fitness Center, Pool, Waterfront, Barbecue, Short Term Rental Allowed
Security: Fire Sprinkler System, Security Guard, Fire Alarm, Smoke Detector(s)
Subdivision: Treasure Island Resort

HOA

Has HOA: Yes
Amenities included: Other, See Remarks, Beach Rights, Gazebo, Barbecue

Location

Region: Panama City Beach

Financial & listing details

Price per square foot: $464/sqft
Tax assessed value: $573,750
Annual tax amount: $6,182
Date on market: 1/9/2024
Cumulative days on market: 7 days

Price history

Date	Event	Price
2/1/2024	Sold	$635,000-4.5%$464/sqft
Source: CPAR #751113 Report a problem
1/17/2024	Pending sale	$664,900$485/sqft
Source: CPAR #751113 Report a problem
1/9/2024	Listed for sale	$664,900+109.1%$485/sqft
Source: CPAR #751113 Report a problem
11/4/2016	Sold	$318,000-3%$232/sqft
Source: CPAR #645710 Report a problem
7/28/2016	Price change	$328,000-1.5%$239/sqft
Source: Jim Free Realty LLC #645710 Report a problem
5/1/2016	Listed for sale	$333,000+6.1%$243/sqft
Source: Jim Free Realty LLC #645710 Report a problem
6/9/2014	Listing removed	$314,000$229/sqft
Source: Jim Free Realty #619587 Report a problem
5/4/2014	Listed for sale	$314,000-11.5%$229/sqft
Source: Jim Free Realty #619587 Report a problem
2/15/2012	Listing removed	$355,000+34%$259/sqft
Source: Jim Free Realty Report a problem
6/22/2010	Sold	$265,000-25.4%$193/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 +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