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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
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    $3,754/mo

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    What's special

    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!

    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

    DateEventPrice
    7/29/2026Sold$580,000-1.4%$423/sqft
    Source: Public Record Report a problem
    6/18/2026Pending sale$588,000$429/sqft
    Source: BHHS broker feed #789251 Report a problem
    5/2/2026Listed for sale$588,000-8%$429/sqft
    Source: BHHS broker feed #789251 Report a problem
    4/9/2026Listing removed$639,000$466/sqft
    Source: CPAR #772218 Report a problem
    4/21/2025Listed for sale$639,000-4.8%$466/sqft
    Source: CPAR #772218 Report a problem
    4/4/2023Sold$671,000-1.2%$490/sqft
    Source: Public Record Report a problem
    3/11/2023Listed for sale$679,000$496/sqft
    Source: BHHS broker feed #736521 Report a problem
    2/2/2023Listing removed--
    Source: BHHS broker feed Report a problem
    1/19/2023Listed for sale$679,000+69.8%$496/sqft
    Source: BHHS broker feed #736521 Report a problem
    1/13/2011Sold$400,000$292/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax 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

    Nearby schools

    GreatSchools rating
    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
    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