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Sold for $625,000
  • $625,000

    5004 Thomas Dr Unit 107, Panama City Beach, FL 32407

    2beds
    2baths
    1,370sqft
    Condo
    Built in 2005
    -- sqft lot
    $598,300 Zestimate®
    $456/sqft
    $2,330 Estimated rent

    Home value

    $598,300

    $550,000 - $646,000

    $2,330/mo

    Zestimate® history
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    What's special

    ***FULLY FURNISHED - RENTAL READY*** Treasure Island is in the ULTIMATE LOCATION for family fun at the beach. This gulf front 2 bedroom is located on the quiet east end of the UPSCALE Thomas Drive Area. Imagine the SPECTACULAR SUNSETS over the Gulf 365 days every year from your 30x9 foot PRIVATE BALCONY with unobstructed western coastline views! The master suite is gulf front with balcony access and a private master bath including a large double head walk-in shower, double vanity, large walk-in closet, separate linen closet and a private "potty room". Interior appointments are very upscale including CROWN MOLDING in the great room & dining area, beautiful GRANITE kitchen countertops, fine raised panel cabinetry, GE PROFILE appliances, large PORCELAIN TILE and plush carpeting on the floors. This unit will SLEEP up to 8 people with the built-in BUNK BEDS! Easy access from your Gulf front patio to the pool and beach. Treasure Island Resort Amenities include: a Large gulf front HEATED POOL with a huge brick paver sundeck & a separate kiddie pool, a gulf front FITNESS CENTER, video game arcade, owner's lounge with a kitchen, four high speed elevators, a gulf front shady gazebo, and covered portico entry for passenger loading/unloading. This unit comes with an ASSIGNED COVERED PARKING SPACE! Treasure Island is the most WELL LOCATED new condominium on Panama City Beach. Easy walking distance from St. Andrews State Park with a fishing pier and natural unspoiled sand dunes; Schooners "The Last Local Beach Club" is a gulf front bar & seafood house with live entertainment; Scampy's & Montego Bay Seafood Restaurants; Sunsations, Alvin's Island & The Palace beach clothing and supply stores; and 4 deep water marinas! Listing Realtor discloses his ownership in

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    Interior area
    • Total interior livable area: 1,370 sqft

    Property

    Features
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Details
    • Parcel number: 31437107000

    Construction

    Type & style
    • Home type: Condo
    Condition
    • Year built: 2005

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $434 monthly
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $456/sqft
    • Tax assessed value: $573,750
    • Annual tax amount: $6,363

    Price history

    DateEventPrice
    7/3/2025Sold$625,000+81.2%$456/sqft
    Source: Public Record Report a problem
    7/12/2018Sold$345,000+38%$252/sqft
    Source: Public Record Report a problem
    4/9/2009Sold$250,000-39.7%$182/sqft
    Source: Public Record Report a problem
    5/26/2008Listing removed$414,900$303/sqft
    Source: Homes.com #374745 Report a problem
    4/22/2008Listed for sale$414,900$303/sqft
    Source: Homes.com #374745 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$4,125 +6.8%$335,750 +8.2%
    2019$3,862 $310,250 +14.9%
    2018$3,862 +12.9%$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
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    $598,300
    2% more
    +$11,966
    With Zillow Showcase(estimated)
    $610,266