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Sold for $645,000
  • $645,000

    5004 Thomas Dr Unit 308, Panama City Beach, FL 32407

    2beds
    1,370sqft
    Condominium
    Built in 2005
    -- sqft lot
    $627,400 Zestimate®
    $471/sqft
    $2,330 Estimated rent

    Home value

    $627,400

    $565,000 - $696,000

    $2,330/mo

    Zestimate® history
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    What's special

    Breathtaking fully renovated condoBeautiful granite countertopsIconic gulf viewsStunning decorUpdated kitchen appliancesNew furnitureOpen-concept kitchen
    An Epic PCB Opportunity. Discover a RARE gem at the east end of Thomas Drive - a middle condo on the THIRD floor with ICONIC Gulf Views at Treasure Island Resort. Enjoy the convenience of your private 3rd Level parking space and walking straight into your condo. Simply walk straight into paradise at 5004 Thomas Drive, Unit 308. This breathtaking, fully renovated condo comes fully furnished and equipped with all the bells and whistles for a perfect home, vacation getaway, or investment property. Completely redecorated & redesigned, this stunner features new furniture, artwork, and stunning decor throughout the 2-bedroom, 2-bath gem AND just newly painted AND a bonus set of bunk beds built into the wall with a ladder, accommodating up to eight guests to maximize space and rental income. The open-concept kitchen boasts beautiful granite countertops, updated kitchen appliances, and everything you need for cooking — truly turnkey at its finest. Treasure Island Resort Condominium is near St. Andrews State Park on the east end of Panama City Beach. This area is filled with great local restaurants and outdoor activities, making it the ideal place to vacation, live, or both. Life is meant to be experienced, and Treasure Island, Unit 308, is the epitome of just that! RARE THIRD LEVEL CONDO! Amazing Rental Potential!

    Zillow last checked:

    Listing updated:

    Listed by:

    Brian Clowdus 256-504-3799,

    Counts Real Estate Group Inc

    Bought with:

    Lori J Buckalew, 3303251

    Corcoran Reverie

    Source: CPAR,MLS#: 762872MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Bedroom, Kitchen, Living Room, Primary Bedroom
    Primary bedroom
    • Description: Gulf Views
    • Level: First
    • Dimensions: 14 x 12
    Bedroom
    • Description: Gulf Views
    • Level: First
    • Dimensions: 13 x 11
    Kitchen
    • Description: Gulf Views
    • Level: First
    • Dimensions: 14 x 14
    Living room
    • Description: Gulf Views
    • Level: First
    • Dimensions: 16 x 16
    Heating
    • Central
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Electric Cooktop, Electric Oven, Electric Range
    Interior area
    • Total structure area: 1,370
    • Total interior livable area: 1,370 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Parking Lot
    • Garage spaces: 1
    Features
    • Patio & porch: Balcony, Deck
    • Exterior features: Covered Patio, Deck
    • Pool features: In Ground, Community
    • On waterfront: Yes
    • Waterfront features: Gulf
    Lot
    • Features: Paved
    Details
    • Parcel number: 31437131000
    • Zoning description: Resort
    • 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: Cable Connected, Water Connected

    Community & HOA

    Community
    • Features: Barbecue, Beach, Elevator, Fitness Center, Pool, Waterfront, Short Term Rental Allowed
    • Security: Building Security, 24 Hour Security, Security Service
    • Subdivision: Treasure Island Resort
    HOA
    • Has HOA: Yes
    • Amenities included: Barbecue, Picnic Area
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $471/sqft
    • Tax assessed value: $573,750
    • Annual tax amount: $7,213
    • Date on market: 9/19/2024
    • Cumulative days on market: 116 days

    Price history

    DateEventPrice
    2/7/2025Sold$645,000-3.7%$471/sqft
    Source: CPAR #762872 Report a problem
    1/14/2025Pending sale$669,500$489/sqft
    Source: CPAR #762872 Report a problem
    11/14/2024Price change$669,500-0.7%$489/sqft
    Source: CPAR #762872 Report a problem
    10/15/2024Price change$674,000-3.6%$492/sqft
    Source: ECAOR #959445 Report a problem
    9/19/2024Listed for sale$699,000+4%$510/sqft
    Source: CPAR #762872 Report a problem
    9/28/2022Sold$672,000+88%$491/sqft
    Source: Public Record Report a problem
    4/22/2008Sold$357,500$261/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax 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
    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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    $639,948