For sale

$589,000

5004 Thomas Dr Unit 206, Panama City Beach, FL 32407

2beds

1,370sqft

$4,523/mo

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Condominium

Built in 2005

-- sqft lot

$557,200 Zestimate^®

$430/sqft

$700/mo HOA

What's special

Large breakfast barOpen-concept floor planBright and inviting atmosphereHallway bunksPrivate laundry roomSpacious kitchenTile flooring throughout

Welcome to Treasure Island! This beautifully maintained 2-bedroom, 2-bathroom condominium with hallway bunks offers the perfect blend of comfort and coastal living. Inside, you'll find tile flooring throughout and recessed lighting, creating a bright and inviting atmosphere. The open-concept floor plan provides ample space for entertaining while still allowing guests their own privacy. The spacious kitchen features a large breakfast bar that seamlessly flows into the living area. Step outside and enjoy the oversized balcony, accessible from both the living room and the primary bedroom, offering the perfect place to relax and unwind. The primary suite boasts a double vanity, walk-in shower, and a generous walk-in closet. Additional features include a private laundry room, making this unit as convenient as it is charming.

68 days
131
1

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Rooms

Room types: Bedroom, Primary Bedroom

Primary bedroom

Description: TBC
Dimensions: 14 x 12

Bedroom

Description: TBC
Dimensions: 10 x 10

Heating

Electric

Cooling

Central Air, Ceiling Fan(s)

Appliances

Included: Washer/Dryer Stacked, Electric Range
Laundry: Stacked

Features

Double Vanity, Walk-In Closet(s)

Interior area

Total structure area: 1,370
Total interior livable area: 1,370 sqft

Property

Features

Patio & porch: Balcony
Pool features: In Ground, Community
Has view: Yes
View description: Gulf
Has water view: Yes
Water view: Gulf
Waterfront features: Gulf

Lot

Features: Paved

Details

Parcel number: 31437117000
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, 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
Security: Smoke Detector(s)
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: $430/sqft
Tax assessed value: $573,750
Annual tax amount: $7,091
Date on market: 6/23/2026
Cumulative days on market: 68 days
Electric utility on property: Yes

Estimated market value

$557,200

$529,000 - $585,000

$2,330/mo

Price history

Date	Event	Price
6/23/2026	Listed for sale	$589,000-8%$430/sqft
Source: CPAR #791733 Report a problem
6/22/2025	Listing removed	$640,000$467/sqft
Source: CPAR #767565 Report a problem
3/25/2025	Price change	$640,000-3%$467/sqft
Source: CPAR #767565 Report a problem
1/22/2025	Listed for sale	$660,000$482/sqft
Source: CPAR #767565 Report a problem
8/18/2023	Sold	$660,000-2.9%$482/sqft
Source: Public Record Report a problem
8/15/2023	Pending sale	$679,900$496/sqft
Source: CPAR #740443 Report a problem
7/16/2023	Price change	$679,900-0.7%$496/sqft
Source: CPAR #740443 Report a problem
4/21/2023	Listed for sale	$685,000+52.2%$500/sqft
Source: CPAR #740443 Report a problem
12/29/2020	Sold	$450,000+0.2%$328/sqft
Source: CPAR #705531 Report a problem
12/11/2020	Listed for sale	$449,000+5.6%$328/sqft
Source: Jim Free Realty LLC #705531 Report a problem
7/5/2007	Sold	$425,000$310/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$7,091 -1.7%	$573,750
2023	$7,213 +41.3%	$573,750 +47.9%
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