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Sold for $645,000
  • $645,000

    5004 Thomas Dr Unit 1811, Panama City Beach, FL 32407

    2beds
    1,370sqft
    Condominium
    Built in 2005
    -- sqft lot
    $642,600 Zestimate®
    $471/sqft
    $2,512 Estimated rent

    Home value

    $642,600

    $604,000 - $688,000

    $2,512/mo

    Zestimate® history
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    What's special

    Swimming poolContemporary white cabinetryNew plumbing fixturesGulf-front high-rise condominiumGranite countertopsNeutral paint throughoutWood-look tiles
    Welcome to Treasure Island Resort, a prominently located gulf-front high-rise condominium in Panama City Beach. This highly desirable, renovated 18th floor unit is comprised of 2 bedrooms plus bunks, 2 bathrooms with 1,370 sq.ft. of an idealistic open floor plan taking full advantage of unobstructed views over the Gulf of Mexico from multiple rooms. A full-blown renovation occurred in 2022 that reflects meticulous attention to detail with notable updates and features throughout in excess of $100,000. This includes updated coastal furniture inside and out, neutral floor-to-ceiling blackout curtains, plantation shutters, neutral paint throughout, wood-look tiles, new light/fan fixtures, new plumbing fixtures, updated kitchen, updated bathrooms, new closet systems and newer components. As you walk into the foyer, you are graced with a beautiful custom marble inlay to set the tone for the rest of the unit. The open-concept kitchen boasts contemporary white cabinetry, granite countertops, stainless-steel appliances with a new stove/oven unit and dishwasher, custom pendant light fixtures, recessed lights and pantry. Within the same space is your dining area with ample sitting, custom light fixture and built-in twin-over-twin bunks with a ladder. Adjoining the space is your large living room offering endless gulf views with the ONLY custom built 52-inch fireplace in the entire complex. Open up the glass sliding doors not only in the living room, but also the primary suite to enjoy the beach air on your almost 30-foot-long balcony that gives you plenty of space of casual sitting and dining options. Just off the main living area is the spacious primary king suite. The updated primary bathroom offers a double vanity with a leather granite finish, LED lighted fog free mirrors, private water closet, a glass enclosed chevron marble inlay shower, custom plumbing fixtures and a custom wood shelving system in the closet. The secondary queen suite also offers an updated bathroom with a single vanity with a leather granite finish, LED lighted fog free mirror, a glass enclosed herringbone patterned tiled shower and a custom wood shelving system in the closet. This fully furnished condo makes an ideal primary residence, a second home or an investment property with its unique location on the East end of Panama City Beach offering breathtaking sunsets and expansive views down the coastline, providing an unforgettable backdrop. Resort living offers plenty of amenities for everyone to luxuriate in such as a swimming pool, fitness center, on-site restaurant, beach service and a short distance to St. Andrews State Park, favorite local bars, shopping and restaurants. Come see why life is good at Treasure Island Resort today!

    Zillow last checked:

    Listing updated:

    Listed by:

    The Coastal Connections Group 850-308-0953,

    Compass Florida, LLC

    Bought with:

    Cheryl A Wright, 3059224

    Coldwell Banker Realty

    Source: CPAR,MLS#: 785592MLS 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, Full Bath, Foyer, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Other
    Primary bedroom
    • Level: First
    • Dimensions: 13 x 14
    Bedroom
    • Level: First
    • Dimensions: 14 x 12
    Primary bathroom
    • Level: First
    • Dimensions: 9 x 8
    Other
    • Level: First
    • Dimensions: 6.5 x 4
    Other
    • Description: Master Bedroom Closet
    • Level: First
    • Dimensions: 6 x 7.5
    Dining room
    • Level: First
    • Dimensions: 15 x 9
    Foyer
    • Level: First
    • Dimensions: 11 x 5
    Other
    • Level: First
    • Dimensions: 14 x 6
    Kitchen
    • Level: First
    • Dimensions: 16 x 10
    Laundry
    • Level: First
    • Dimensions: 8.5 x 4.5
    Living room
    • Level: First
    • Dimensions: 15 x 15
    Other
    • Features: Balcony
    • Level: First
    • Dimensions: 29 x 9
    Heating
    • Central, Electric, Fireplace(s)
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Electric Range, Electric Water Heater
    Features
    • Balcony, Double Vanity, Handicap Access, Main Level Primary, Walk-In Closet(s), Entrance Foyer
    • Has fireplace: Yes
    • Fireplace features: Electric
    Interior area
    • Total structure area: 1,370
    • Total interior livable area: 1,370 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage
    • Garage spaces: 1
    Features
    • Patio & porch: Balcony
    • Pool features: Gas Heat, In Ground, Community
    • Has view: Yes
    • View description: Gulf, Water
    • Has water view: Yes
    • Water view: Gulf,Water
    • Waterfront features: Gulf, See Remarks
    Lot
    • Features: Paved
    Details
    • Parcel number: 31437302000
    • Zoning description: Resid Multi-Family
    • Special conditions: Listed As-Is

    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: Electricity Available

    Community & HOA

    Community
    • Features: Barbecue, Beach, Elevator, Fitness Center, Fishing, Pool, Waterfront, Community Pool, Short Term Rental Allowed
    • Security: Security Guard, Security Service
    • Subdivision: Treasure Island Resort
    HOA
    • Has HOA: Yes
    • Amenities included: Other, See Remarks, Barbecue
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $471/sqft
    • Tax assessed value: $573,750
    • Annual tax amount: $6,697
    • Date on market: 2/20/2026
    • Cumulative days on market: 107 days
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    7/17/2026Sold$645,000-1.5%$471/sqft
    Source: CPAR #785592 Report a problem
    6/8/2026Pending sale$654,900$478/sqft
    Source: ECAOR #995864 Report a problem
    2/20/2026Listed for sale$654,900-1.5%$478/sqft
    Source: ECAOR #995864 Report a problem
    10/20/2025Listing removed$665,000$485/sqft
    Source: ECAOR #974488 Report a problem
    9/13/2025Price change$665,000-2.2%$485/sqft
    Source: ECAOR #974488 Report a problem
    7/15/2025Price change$679,900-2.9%$496/sqft
    Source: ECAOR #974488 Report a problem
    4/22/2025Listed for sale$699,900+29.6%$511/sqft
    Source: ECAOR #974488 Report a problem
    6/18/2021Sold$540,000-7.7%$394/sqft
    Source: CPAR #706733 Report a problem
    5/22/2021Pending sale$585,000$427/sqft
    Source: CPAR #706733 Report a problem
    4/25/2021Price change$585,000+13.6%$427/sqft
    Source: CPAR #706733 Report a problem
    3/14/2021Pending sale$515,000$376/sqft
    Source: CPAR #706733 Report a problem
    1/18/2021Listed for sale$515,000$376/sqft
    Source: CPAR #706733 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$7,091 +1.4%$573,750 +5.8%
    2023$6,993 +21.8%$542,300 +10%
    2022$5,742 $493,000
    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.

    Sell for more on Zillow
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    $642,600
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    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $642,600
    2% more
    +$12,852
    With Zillow Showcase(estimated)
    $655,452