Skip main navigation
Sold for $639,500
  • $639,500

    5004 Thomas Dr Unit 311, Panama City Beach, FL 32407

    2beds
    1,370sqft
    Condominium
    Built in 2005
    -- sqft lot
    $638,400 Zestimate®
    $467/sqft
    $2,330 Estimated rent

    Home value

    $638,400

    $600,000 - $677,000

    $2,330/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $2,330/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $2,330/mo

    Rent Zestimate®

    Refinance and save

    $6,238/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $6,238/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    Wake up to breathtaking Gulf views from this beautifully renovated 2-bedroom, 2-bath condo with a bunk area, perfectly positioned on the quieter east end of Panama City Beach. From the moment you step inside, floor-to-ceiling windows frame the emerald waters and fill the open-concept living space with natural light, while an oversized Gulf-front balcony invites you to relax, dine, and soak in unforgettable sunsets. Designed for both comfort and style, this turnkey condo is offered fully furnished with custom furnishings, most from Pottery Barn, and showcases extensive recent renovations including luxury vinyl plank flooring, updated lighting, a new HVAC system, renovated kitchen and bathrooms, new toilets, and more. The bright, coastal-inspired kitchen features quartz countertops, white shaker cabinetry, stainless steel appliances, recessed lighting, a spacious breakfast bar, and abundant prep and storage space, flowing seamlessly into the dining and living areas. The Gulf-front primary suite is a true retreat, complete with private sliding glass doors opening directly to the expansive balcony, allowing you to wake each morning to panoramic beach views. A full-size laundry room with washer and dryer adds everyday convenience. Located on the third floor, you'll enjoy the ease of walking directly across the sky bridge from the parking garage--no waiting for elevators. Treasure Island offers resort-style amenities including a beachfront heated pool, separate kiddie pool, shaded gazebo and lounging areas, direct beach access, Gulf-view fitness center, game room, seasonal beach service, and on-site security. Situated near St. Andrews State Park on the peaceful east end of Thomas Drive, you'll be just minutes from marinas, golf courses, waterfront dining, live entertainment, and local favorites like Schooners and Captain Anderson's. Whether you're looking for a primary residence, vacation getaway, or exceptional rental investment, this move-in-ready Gulf-front retreat offers the very best of coastal living.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kristen Counts Barr 850-832-3728,

    Counts Real Estate Group Inc

    Bought with:

    Lexi L Hinson

    Legacy Premier Agency

    Source: CPAR,MLS#: 791874MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Bedroom, Primary Bathroom
    Bedroom
    • Level: First
    • Dimensions: 13 x 11
    Primary bathroom
    • Level: First
    • Dimensions: 14 x 12
    Heating
    • Central, Electric
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Electric Range, Electric Water Heater
    Features
    • Balcony, Double Vanity, Main Level Primary, Walk-In Closet(s)
    Interior area
    • Total structure area: 1,370
    • Total interior livable area: 1,370 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Additional Parking
    • Garage spaces: 1
    Features
    • Patio & porch: Balcony
    • Pool features: In Ground, Community
    • Spa features: Community
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Gulf, Shoreline - Sand
    Details
    • Additional structures: Gazebo
    • Parcel number: 31437134000
    • 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, High Speed Internet Available

    Community & HOA

    Community
    • Features: Barbecue, Beach, Clubhouse, Fitness Center, Park, Pool, Community Pool, Short Term Rental Allowed
    • Subdivision: Treasure Island Resort
    HOA
    • Has HOA: Yes
    • Amenities included: Beach Rights, Barbecue, Picnic Area, Spa/Hot Tub
    • Services included: Clubhouse, Cable TV, Fitness Facility, Legal/Accounting, Maintenance Grounds, Maintenance Structure, Pest Control, Pool(s), Sewer, Trash, Water
    • HOA fee: $2,099 quarterly
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $467/sqft
    • Tax assessed value: $573,750
    • Annual tax amount: $7,091
    • Date on market: 6/25/2026
    • Cumulative days on market: 6 days
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    8/7/2026Sold$639,500-3%$467/sqft
    Source: CPAR #791874 Report a problem
    7/6/2026Pending sale$659,000$481/sqft
    Source: CPAR #791874 Report a problem
    6/25/2026Listed for sale$659,000+38.7%$481/sqft
    Source: CPAR #791874 Report a problem
    3/18/2021Sold$475,000-5%$347/sqft
    Source: CPAR #708250 Report a problem
    2/26/2021Pending sale$499,900$365/sqft
    Source: CPAR #708250 Report a problem
    2/24/2021Listed for sale$499,900+66.6%$365/sqft
    Source: CPAR #708250 Report a problem
    12/20/2011Sold$300,000+9.1%$219/sqft
    Source: Public Record Report a problem
    10/20/2005Sold$275,100$201/sqft
    Source: Public Record 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
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $638,400
    2% more
    +$12,768
    With Zillow Showcase(estimated)
    $651,168
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $638,400
    2% more
    +$12,768
    With Zillow Showcase(estimated)
    $651,168