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For sale
  • Price cut: $14K (8/6)
    $575,000

    5004 Thomas Dr Unit 1102, Panama City Beach, FL 32407

    2beds
    1,370sqft
    : 
    $4,432/mo
    Get pre-qualified
    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
    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.
    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#: 786940MLS LogoOriginating 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

        DateEventPrice
        8/6/2026Price change$575,000-2.4%$420/sqft
        Source: ECAOR #998233 Report a problem
        5/19/2026Price change$589,000-1.7%$430/sqft
        Source: ECAOR #998233 Report a problem
        3/17/2026Listed for sale$599,000+127.8%$437/sqft
        Source: CPAR #786940 Report a problem
        5/20/2009Sold$263,000$192/sqft
        Source: Public Record 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$4,069 +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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        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Lower Grand Lagoon

        Getting around

        42 / 100
        Car-Dependent
        34 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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.

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