***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
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
Owner options
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$4,500/mo
Est. payment
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Est. payment
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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
| Date | Event | Price |
|---|---|---|
| 7/3/2025 | Sold | $625,000+81.2%$456/sqft |
Source: Public Record Report a problem | ||
| 7/12/2018 | Sold | $345,000+38%$252/sqft |
Source: Public Record Report a problem | ||
| 4/9/2009 | Sold | $250,000-39.7%$182/sqft |
Source: Public Record Report a problem | ||
| 5/26/2008 | Listing removed | $414,900$303/sqft |
Source: Homes.com #374745 Report a problem | ||
| 4/22/2008 | Listed for sale | $414,900$303/sqft |
Source: Homes.com #374745 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 | $4,125 +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 homes
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- $606,2002 bd2 ba1.3k sqft5004 Thomas Dr UNIT 210, Panama City Beach, FL 32407Off Market
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- $615,0002 bd2 ba1.3k sqft5004 Thomas Dr UNIT 1607, Panama City Beach, FL 32407Sold
- $625,0002 bd2 ba1.3k sqft5004 Thomas Dr UNIT 102, Panama City Beach, FL 32407Sold
- $625,0002 bd2 ba1.3k sqft5004 Thomas Dr UNIT 103, Panama City Beach, FL 32407Sold
- $625,0002 bd2 ba1.3k sqft5004 Thomas Dr UNIT 106, Panama City Beach, FL 32407Sold
Nearby schools
GreatSchools rating
- 9/10Patronis Elementary SchoolGrades: K-5Distance: 2.2 mi
- 7/10Surfside Middle SchoolGrades: PK-12Distance: 7.6 mi
- 4/10J.R. Arnold High SchoolGrades: 9-12Distance: 5.8 mi
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$598,300
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- Florida
- Bay County
- Panama City Beach
- 32407
- Lower Grand Lagoon
- 5004 Thomas Dr Unit 107
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