Welcome to your Gulf-front getaway at Treasure Island Resort--where the views are endless and the lifestyle is exactly what you've been dreaming of.
This beautifully laid-out 2-bedroom, 2-bath condo (plus a fun bunk nook that guests will love) offers a spacious, open floor plan designed for both relaxing and entertaining. The primary suite sits right on the beach, so you can wake up to the sound of the waves, while the living room opens directly to the Gulf--bringing those breathtaking views into your everyday living space. In fact, you'll catch a glimpse of the water from nearly every room.
Oversized tile flooring runs throughout the condo, making it as durable as it is stylish--perfect for a low-maintenance second home or a high-performing rental. The primary bathroom is generously sized with dual vanities and dual shower heads, creating a true retreat for owners and guests alike.
Step outside and you'll find one of Treasure Island's signature features: the oversized balcony. These are some of the largest on the beach, giving you front-row seats to sunrise coffee, sunset cocktails, and everything in between.
Treasure Island Resort is known for its family-friendly atmosphere and top-tier amenities, including a large heated pool, whirlpool, on-site bar and grill, fitness center, and a spacious community room. Located on the quieter eastern end of Thomas Drive, you're just minutes from St. Andrews State Park and within walking distance to some of the area's favorite dining spots.
As an added bonus, this unit is being sold fully furnished and the seller has already secured annual beach chair service--making this a true turnkey experience for both owners and guests.
If you've been waiting for the perfect blend of comfort, views, and location... this is it.
For sale
Price cut: $14K (8/6)
$575,000
5004 Thomas Dr Unit 1102, Panama City Beach, FL 32407
2beds
1,370sqft
Condominium
Built in 2005
-- sqft lot
$552,500 Zestimate®
$420/sqft
$700/mo HOA
What's special
Spacious community roomViews are endlessLarge heated poolGulf-front getawayFitness centerSpacious open floor planOn-site bar and grill
- 166 days
- 463
- 23
Zillow last checked:
Listing updated:
Listed by:
Mandy H Cooper 850-685-1021,
Scenic Sotheby's International Realty
Source: CPAR,MLS#: 786940
Originating MLS: Central Panhandle Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Bedroom, Dining Room, Living Room, Primary Bedroom
Primary bedroom
- Level: First
- Dimensions: 14 x 12
Bedroom
- Level: First
- Dimensions: 10 x 10
Dining room
- Level: First
- Dimensions: 14 x 10
Living room
- Level: First
- Dimensions: 16 x 15
Heating
- Central, Electric
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Electric Cooktop, Electric Oven, Electric Water Heater
Features
- Balcony, Double Vanity, Main Level Primary, Walk-In Closet(s)
Interior area
- Total structure area: 1,370
- Total interior livable area: 1,370 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Garage
- Garage spaces: 1
Features
- Patio & porch: Balcony
- Pool features: In Ground, Community
- Has view: Yes
- View description: Gulf, Water
- Has water view: Yes
- Water view: Gulf,Water
- Waterfront features: Gulf
Details
- Parcel number: 31437221000
- Zoning description: Resort
Construction
Type & style
- Home type: Condo
- Architectural style: High Rise
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Concrete, Stucco
Condition
- New construction: No
- Year built: 2005
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Cable Connected, Electricity Available
Community & HOA
Community
- Features: Barbecue, Beach, Clubhouse, Fitness Center, Pool, Waterfront, Community Pool, Short Term Rental Allowed
- Subdivision: Treasure Island Resort
HOA
- Has HOA: Yes
- Amenities included: Beach Rights, Barbecue
- Services included: Cable TV, Fitness Facility, Internet, Legal/Accounting, Maintenance Grounds, Pool(s), Recreation Facilities, Sewer, Trash, Water
- HOA fee: $2,099 quarterly
Location
- Region: Panama City Beach
Financial & listing details
- Price per square foot: $420/sqft
- Tax assessed value: $573,750
- Annual tax amount: $6,261
- Date on market: 3/17/2026
- Cumulative days on market: 166 days
- Electric utility on property: Yes
Estimated market value
$552,500
$525,000 - $580,000
$2,330/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/6/2026 | Price change | $575,000-2.4%$420/sqft |
Source: | ||
| 5/19/2026 | Price change | $589,000-1.7%$430/sqft |
Source: | ||
| 3/17/2026 | Listed for sale | $599,000+127.8%$437/sqft |
Source: | ||
| 5/20/2009 | Sold | $263,000$192/sqft |
Source: Public Record 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 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Lower Grand Lagoon
Nearby schools
Schools provided by the listing agent
- Elementary: Patronis
- Middle: Surfside
- High: Arnold
Source: CPAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.








