CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. Panoramic Gulf and bay views set the tone in this 2BR+BUNKS/2BA Treasure Island condo, with a vantage point that lets you look west down the entire length of Panama City Beach's sugar-white coastline and catch stunning sunsets each evening. The oversized 270 sq ft balcony gives you space to actually use it - whether it's morning coffee or winding down at the end of the day. Inside, the layout keeps the water in view where it matters. The kitchen, living area, and primary suite all face the Gulf, bringing in natural light and keeping everything connected to the beach. Solid-surface flooring runs throughout, offering a durable, easy-to-clean finish that holds up well to sand and everyday use. Recent updates make this one easy to step into. The kitchen includes a new refrigerator and dishwasher (2023), and the living area has been refreshed with updated furniture (2023). The guest bedroom was updated in 2024 with new furniture and mattress, and built-in bunks plus new folding twin beds (2023) add flexible sleeping space without making things feel crowded. The primary suite is set up for both comfort and function, with direct balcony access and an ensuite bath featuring a large double vanity and a spacious walk-in shower. A full suite of resort-style amenities is at your doorstep, including a gulf-front pool, kiddie pool, hot tub, large sun deck, fitness center, game room, owner's lounge, on-site market, and assigned covered parking. Located on the east end of Panama City Beach, you're within walking distance to St. Andrews State Park, with nearby marinas, dining, shopping and local attractions just a short drive away. This one is worth a closer look. Call today!
Sold for $580,000
$580,000
5004 Thomas Dr Unit 2102, Panama City Beach, FL 32407
2beds
1,370sqft
Condominium
Built in 2005
-- sqft lot
$578,500 Zestimate®
$423/sqft
$2,330 Estimated rent
Home value
$578,500
$544,000 - $613,000
$2,330/mo
Zestimate® history
Owner options
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$2,330/mo
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$3,754/mo
Est. payment
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$3,754/mo
Est. payment
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Zillow last checked:
Source: BHHS broker feed,MLS#: 789251
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Features
- Has basement: No
Interior area
- Total structure area: 1,370
- Total interior livable area: 1,370 sqft
Property
Features
- On waterfront: Yes
- Waterfront features: Waterfront
- Frontage type: Waterfront
Details
- Parcel number: 31437329000
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Condition
- Year built: 2005
Community & HOA
Location
- Region: Panama City Beach
Financial & listing details
- Price per square foot: $423/sqft
- Tax assessed value: $573,750
- Annual tax amount: $7,091
- Date on market: 5/2/2026
- Lease term: Contact For Details
Price history
| Date | Event | Price |
|---|---|---|
| 7/29/2026 | Sold | $580,000-1.4%$423/sqft |
Source: Public Record Report a problem | ||
| 6/18/2026 | Pending sale | $588,000$429/sqft |
Source: BHHS broker feed #789251 Report a problem | ||
| 5/2/2026 | Listed for sale | $588,000-8%$429/sqft |
Source: BHHS broker feed #789251 Report a problem | ||
| 4/9/2026 | Listing removed | $639,000$466/sqft |
Source: | ||
| 4/21/2025 | Listed for sale | $639,000-4.8%$466/sqft |
Source: | ||
| 4/4/2023 | Sold | $671,000-1.2%$490/sqft |
Source: Public Record Report a problem | ||
| 3/11/2023 | Listed for sale | $679,000$496/sqft |
Source: BHHS broker feed #736521 Report a problem | ||
| 2/2/2023 | Listing removed | -- |
Source: BHHS broker feed Report a problem | ||
| 1/19/2023 | Listed for sale | $679,000+69.8%$496/sqft |
Source: BHHS broker feed #736521 Report a problem | ||
| 1/13/2011 | Sold | $400,000$292/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $7,091 +14.7% | $573,750 +34.4% |
| 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
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Nearby schools
GreatSchools rating
- 9/10Patronis Elementary SchoolGrades: K-5Distance: 2.2 mi
- 7/10Surfside Middle SchoolGrades: PK-12Distance: 7.6 mi
- 4/10J.R. Arnold High SchoolGrades: 9-12Distance: 5.8 mi
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$578,500
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+$11,570
With Zillow Showcase(estimated)
$590,070
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$578,500
2% more
+$11,570
With Zillow Showcase(estimated)
$590,070
- Florida
- Bay County
- Panama City Beach
- 32407
- Lower Grand Lagoon
- 5004 Thomas Dr Unit 2102
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