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Sold for $525,000
  • $525,000

    5004 Thomas Dr Unit 1209, Panama City Beach, FL 32407

    2beds
    1,370sqft
    Condominium
    Built in 2005
    -- sqft lot
    $513,500 Zestimate®
    $383/sqft
    $2,330 Estimated rent

    Home value

    $513,500

    $462,000 - $570,000

    $2,330/mo

    Zestimate® history
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    What's special

    Hot tubBbq grillsFull-size washer and dryerLarge private balconiesVinyl plank flooringFitness room
    This property has sold! Discover similar listings by reaching out to us for an updated list of available properties that match your preferences. **SOLID SURFACE FLOORING THROUGHOUT** Here's your opportunity to own a unit at one of the best resorts in Panama City Beach! This spacious 2BR/2BA condo with built-in bunks comfortably sleeps 8 and offers breathtaking views of the Gulf from its prime location. Treasure Island boasts one of the largest two-bedroom floor plans on the beach, complete with large private balconies that provide unparalleled vistas along the entire coastline to the west. The master bedroom and living area are also strategically positioned to face the Gulf. Enjoy the style of vinyl plank flooring in the living and bedroom areas, complemented by tiled floors in the kitchen and bathrooms for effortless maintenance. Sold fully furnished, this unit features a king bed in the master, a queen bed in the guest bedroom, twin bunks, and a sleeper sofa in the living room. The fully-equipped kitchen with breakfast bar and a full-size washer and dryer in the laundry room add to the convenience. Situated directly on the beach with over 370 feet of white sand reserved just for guests, the resort is ideally located on the quiet east end of Panama City Beach, within walking distance to St Andrews State Park, marinas, golf courses, and popular restaurants. While its location close to many of the area's attractions is a major draw, Treasure Island keeps its guests occupied on-site with a host of resort amenities including a gulf-front (seasonally heated) pool, hot tub, gazebos, fitness room and BBQ grills. This unit comes with a reserved parking space in the covered garage. Schedule your viewing today!

    Zillow last checked:

    Listing updated:

    Listed by:

    Duran Group 850-527-0221,

    Berkshire Hathaway HomeServices Beach Properties of Florida

    Bought with:

    Ben Alexander, 3067916

    Emerald Coastal Inc

    Source: CPAR,MLS#: 755216MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Bedroom, Primary Bedroom
    Primary bedroom
    • Level: First
    • Dimensions: 12 x 14
    Bedroom
    • Level: First
    • Dimensions: 11 x 13
    Heating
    • Electric
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Electric Oven, Electric Range
    Interior area
    • Total structure area: 1,370
    • Total interior livable area: 1,370 sqft

    Property

    Features
    • Patio & porch: Balcony
    • Pool features: Community
    • On waterfront: Yes
    • Waterfront features: Gulf
    Details
    • Parcel number: 31437240000

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: High Rise
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Concrete
    Condition
    • New construction: No
    • Year built: 2005

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Water Connected

    Community & HOA

    Community
    • Features: Barbecue, Clubhouse, Elevator, Fitness Center, Pool, Waterfront, Community Pool, Short Term Rental Allowed
    • Security: Security Service
    • Subdivision: Treasure Island Resort
    HOA
    • Has HOA: Yes
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $383/sqft
    • Tax assessed value: $573,750
    • Annual tax amount: $6,363
    • Date on market: 4/4/2024
    • Cumulative days on market: 501 days

    Price history

    DateEventPrice
    11/12/2025Sold$525,000-4.5%$383/sqft
    Source: CPAR #755216 Report a problem
    8/19/2025Pending sale$550,000$401/sqft
    Source: BHHS broker feed #755216 Report a problem
    8/19/2025Contingent$550,000$401/sqft
    Source: CPAR #755216 Report a problem
    7/15/2025Price change$550,000-4.3%$401/sqft
    Source: CPAR #755216 Report a problem
    5/12/2025Price change$575,000+1.1%$420/sqft
    Source: CPAR #755216 Report a problem
    4/15/2025Price change$569,000-3.4%$415/sqft
    Source: CPAR #755216 Report a problem
    2/18/2025Price change$589,000-1.7%$430/sqft
    Source: CPAR #755216 Report a problem
    11/19/2024Price change$599,000-3.4%$437/sqft
    Source: CPAR #755216 Report a problem
    9/9/2024Price change$619,900+3.5%$452/sqft
    Source: CPAR #755216 Report a problem
    6/5/2024Price change$599,000-3.2%$437/sqft
    Source: CPAR #755216 Report a problem
    4/4/2024Listed for sale$619,000-4%$452/sqft
    Source: CPAR #755216 Report a problem
    1/1/2024Listing removed--
    Source: CPAR #738013 Report a problem
    11/2/2023Price change$645,000-1.5%$471/sqft
    Source: CPAR #738013 Report a problem
    8/31/2023Price change$655,000-1.5%$478/sqft
    Source: CPAR #738013 Report a problem
    7/3/2023Price change$665,000-0.7%$485/sqft
    Source: CPAR #738013 Report a problem
    2/26/2023Listed for sale$670,000$489/sqft
    Source: CPAR #738013 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

    Neighborhood: Lower Grand Lagoon

    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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