3BR Gulf-front condo in Treasure Island Condominium complex, 5004 Thomas Dr., Panama City Beach 32408. Northwest-end corner balcony unit with three-sided wrap around balcony view. 1,950 SF, $885K, pets allowed for owners available and renters if you want. If Gulf views are a priority, this Northwest-end corner unit at Treasure Island delivers one of the widest and most dynamic perspectives along Panama City Beach. Located in a 23-story Gulf-front building, Unit 812 is positioned to take advantage of the natural curve of the Gulf coastline, offering extended sightlines down the beach toward Pier Park, Walton County and even San Destin on clear days. This is a 3-bedroom, 2-bath condominium with approximately 1,950 square feet was built in 2005 and listed at $885,000. Short and long term rentals are allowed. The interior layout is designed around those beach views. As you enter the hallway, the unit opens into a main dining, kitchen and living area where 9-foot ceilings with floor to ceiling windows frame the Gulf and bring in natural light throughout the day. The kitchen offers generous workspace with abundant cabinetry, a pantry, and a breakfast bar with high top seating. The separate dining and breakfast nook area provides flexibility for everyday use or larger gatherings. Tile and carpet flooring runs throughout the unit for durability and ease of maintenance, and a crown molding accent throughout the main living areas. All Kitchen appliances were replaced 1/1/26. The primary suite is positioned on the Gulf side with wrap around balcony access, a walk-in closet, and an oversized master bathroom featuring double vanities and a newly renovated walk-in shower. Two additional bedrooms each have their own balcony access and offer a wide variety of inland and panoramic views. A dedicated laundry room includes space for full-size washer and dryer, which are included with unit, along with large additional storage area, closet and a newer water heater. The building includes secured garage parking with multiple levels and the unit comes with one assigned parking space and when available a space in the 1st floor gated owners lot with additional visitor/owner parking available in designated open parking areas. HOA dues of approximately $1,000.00 per month and covers water, sewer, internet/wifi, a Direct TV subscription, Condo insurance, exterior maintenance, Condo security, and access to all amenities. Treasure Island amenities include a Gulf-front pool, a hot tub, expansive sun decks, direct beach access, a fitness center, community spaces, owners’ area in office area and on-site management and rental services. The covered entrance allows for convenient loading and unloading in all weather conditions. Located on Thomas Drive on the east end of Panama City Beach. This property offers walking proximity to local dining, marinas, shopping, and outdoor recreation. Public beach access, boating, and nearby state park amenities contribute to the overall usability of the location for both owners and guests. The 2026 homeowners’ insurance was $762 year 2026 and the 2026 Bay County Property Taxes were $10,485. The 2026 Homeowners Association Condo Fee is $2,987.82 paid quarterly.
For sale by owner
$885,000
5004 Thomas Dr #812, Panama City Beach, FL 32407
3beds
1,950sqft
Condo
Built in 2005
-- sqft lot
$-- Zestimate®
$454/sqft
$1,000/mo HOA
What's special
Northwest-end corner balcony unitNewer water heater
- 10 days
- 249
- 7
Listed by:
Property Owner (954) 240-5132
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Gas
Appliances
- Included: Dishwasher, Dryer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
Features
- Flooring: Tile, Carpet
- Basement: None
- Furnished: Yes
Interior area
- Total interior livable area: 1,950 sqft
Video & virtual tour
Property
Parking
- Parking features: Garage - Attached
Features
- Exterior features: Cement / Concrete
- Pool features: Inground, Fenced, Heated - Gas, Private
- Has spa: Yes
- Has view: Yes
- View description: Water, City
- Has water view: Yes
- Water view: Water
Lot
- Size: 1,950 Square Feet
Details
- Parcel number: 31437195000
Construction
Type & style
- Home type: Condo
Materials
- Roof: Other
Condition
- New construction: No
- Year built: 2005
Utilities & green energy
- Utilities for property: Phone, Water - Available, Internet - Broadband Available, Electric, Public Sewer, Public Water, TV Cable, Garbage
Community & HOA
Community
- Features: Fitness Center
HOA
- Has HOA: Yes
- HOA fee: $1,000 monthly
Location
- Region: Panama City Beach
Financial & listing details
- Price per square foot: $454/sqft
- Tax assessed value: $1,009,375
- Annual tax amount: $10,749
- Date on market: 8/19/2026
Estimated market value
Not available
Estimated sales range
Not available
$2,955/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/19/2026 | Listed for sale | $885,000+48.7%$454/sqft |
Source: Owner Report a problem | ||
| 8/22/2019 | Sold | $595,000-2.3%$305/sqft |
Source: | ||
| 7/26/2019 | Price change | $609,000-6.2%$312/sqft |
Source: Miller & Associates Realty #679330 Report a problem | ||
| 4/16/2019 | Price change | $649,000-3%$333/sqft |
Source: Miller & Associates Realty #679330 Report a problem | ||
| 1/17/2019 | Listed for sale | $669,000+11.7%$343/sqft |
Source: Miller & Associates Realty #679330 Report a problem | ||
| 7/3/2011 | Listing removed | $599,000$307/sqft |
Source: Miller & Associates Realty, LLC #334753 Report a problem | ||
| 3/13/2011 | Listed for sale | $599,000$307/sqft |
Source: Listhub #334753 Report a problem | ||
| 2/4/2011 | Listing removed | $599,000$307/sqft |
Source: Miller & Associates Realty #334753 Report a problem | ||
| 11/8/2009 | Price change | $599,000-14.3%$307/sqft |
Source: Miller & Associates Realty #334753 Report a problem | ||
| 7/9/2009 | Listed for sale | $699,000$358/sqft |
Source: Miller & Associates Realty #334753 Report a problem | ||
| 6/5/2009 | Listing removed | $699,000$358/sqft |
Source: Number1Expert #334753 Report a problem | ||
| 10/2/2008 | Price change | $699,000-12.5%$358/sqft |
Source: Number1Expert #334753 Report a problem | ||
| 7/13/2008 | Price change | $799,000+23.9%$410/sqft |
Source: Number1Expert #334753 Report a problem | ||
| 2/29/2008 | Price change | $645,000-19.3%$331/sqft |
Source: Point2 #334753 Report a problem | ||
| 1/19/2008 | Listed for sale | $799,000$410/sqft |
Source: Number1Expert #334753 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $10,749 +2.7% | $766,490 +10% |
| 2023 | $10,466 +29.4% | $696,809 +10% |
| 2022 | $8,091 | $633,463 |
| 2021 | -- | -- |
| 2020 | $6,658 +5.3% | $544,000 +6.7% |
| 2019 | $6,323 | $510,000 +7.2% |
| 2018 | $6,323 +5.5% | $475,575 -1% |
| 2017 | $5,993 -1.6% | $480,250 +3.2% |
| 2016 | $6,092 -0.3% | $465,375 +1.7% |
| 2015 | $6,113 | $457,632 +10% |
| 2014 | $6,113 | $416,029 +10% |
| 2013 | -- | $378,208 |
| 2012 | -- | $378,208 |
| 2011 | -- | $378,208 -11% |
| 2010 | -- | $425,000 -9.1% |
| 2009 | -- | $467,500 -4.3% |
| 2008 | -- | $488,750 -21.4% |
| 2007 | -- | $621,434 -17.4% |
| 2006 | -- | $752,250 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Lower Grand Lagoon
Nearby schools
Schools provided by the listing agent
- Elementary: Patronis
- Middle: Surfside
- High: Arnold
Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.




