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For sale by owner
  • $885,000

    5004 Thomas Dr #812, Panama City Beach, FL 32407

    3beds
    1,950sqft
    : 
    $6,683/mo
    Get pre-qualified
    Condo
    Built in 2005
    -- sqft lot
    $-- Zestimate®
    $454/sqft
    $1,000/mo HOA

    What's special

    Northwest-end corner balcony unitNewer water heater
    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.
    10 days
    249
    7
    Listed by:

    Property Owner (954) 240-5132

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.

      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

        DateEventPrice
        8/19/2026Listed for sale$885,000+48.7%$454/sqft
        Source: Owner Report a problem
        8/22/2019Sold$595,000-2.3%$305/sqft
        Source: CPAR #679330 Report a problem
        7/26/2019Price change$609,000-6.2%$312/sqft
        Source: Miller & Associates Realty #679330 Report a problem
        4/16/2019Price change$649,000-3%$333/sqft
        Source: Miller & Associates Realty #679330 Report a problem
        1/17/2019Listed for sale$669,000+11.7%$343/sqft
        Source: Miller & Associates Realty #679330 Report a problem
        7/3/2011Listing removed$599,000$307/sqft
        Source: Miller & Associates Realty, LLC #334753 Report a problem
        3/13/2011Listed for sale$599,000$307/sqft
        Source: Listhub #334753 Report a problem
        2/4/2011Listing removed$599,000$307/sqft
        Source: Miller & Associates Realty #334753 Report a problem
        11/8/2009Price change$599,000-14.3%$307/sqft
        Source: Miller & Associates Realty #334753 Report a problem
        7/9/2009Listed for sale$699,000$358/sqft
        Source: Miller & Associates Realty #334753 Report a problem
        6/5/2009Listing removed$699,000$358/sqft
        Source: Number1Expert #334753 Report a problem
        10/2/2008Price change$699,000-12.5%$358/sqft
        Source: Number1Expert #334753 Report a problem
        7/13/2008Price change$799,000+23.9%$410/sqft
        Source: Number1Expert #334753 Report a problem
        2/29/2008Price change$645,000-19.3%$331/sqft
        Source: Point2 #334753 Report a problem
        1/19/2008Listed for sale$799,000$410/sqft
        Source: Number1Expert #334753 Report a problem

        Public tax history

        YearProperty taxesTax 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

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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.
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        Climate risks

        Neighborhood: Lower Grand Lagoon

        Getting around

        45 / 100
        Car-Dependent
        34 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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.

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