For sale

$650,000

5004 Thomas Dr Unit 808, Panama City Beach, FL 32407

2beds

1,370sqft

$4,920/mo

Get pre-qualified

Condominium

Built in 2005

-- sqft lot

$613,500 Zestimate^®

$474/sqft

$700/mo HOA

What's special

King bedsHot tubBeautifully updated bathroomsIdeal floor heightGulf-front poolAssigned covered parking spaceGulf-front primary suite

Welcome to Treasure Island 808--offering the ideal floor height and one of the best views in all of Panama City Beach! This 2-bedroom, 2-bath condo with built-in bunks is rental-ready and booked solid--buy now and step right into rental season. The Gulf-front primary suite opens directly to a spacious balcony, and both bedrooms feature king beds, beautifully updated bathrooms, and walk-in showers. Location is hard to beat--perfectly positioned between Schooners and St. Andrews State Park, you'll enjoy some of the best dining, boating, and a quieter stretch of beach on the east end of PCB. Treasure Island amenities include a Gulf-front pool, hot tub, fitness center, BBQ area, community room, and an on-site snack shop serving beach cold drinks and great sandwiches. This unit also includes an assigned covered parking space that conveys with the sale. Don't miss this opportunity--call today and make this your next home away from home or income-producing beachside investment!

146 days
127
7

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Rooms

Room types: Bedroom, Primary Bedroom

Primary bedroom

Level: First
Dimensions: 14 x 12

Bedroom

Level: First
Dimensions: 12 x 11

Heating

Central, Electric

Cooling

Central Air, Ceiling Fan(s)

Appliances

Included: Electric Oven, 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: Garage
Garage spaces: 1

Features

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

Lot

Features: Paved

Details

Parcel number: 31437191000
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

Condition

New construction: No
Year built: 2005

Utilities & green energy

Sewer: Public Sewer
Utilities for property: Electricity Available

Community & HOA

Community

Features: Beach, Elevator, Fitness Center, Pool, Waterfront, Community Pool, Short Term Rental Allowed
Subdivision: Treasure Island

HOA

Has HOA: Yes
Amenities included: Beach Rights, Barbecue, Spa/Hot Tub
Services included: Association Management, Clubhouse, Fitness Facility, Insurance, Internet, 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: $474/sqft
Tax assessed value: $573,750
Annual tax amount: $6,697
Date on market: 4/8/2026
Cumulative days on market: 147 days
Electric utility on property: Yes

Estimated market value

$613,500

$583,000 - $644,000

$2,512/mo

Price history

Date	Event	Price
4/8/2026	Listed for sale	$650,000-3%$474/sqft
Source: CPAR #788071 Report a problem
5/31/2023	Sold	$670,000-1.3%$489/sqft
Source: Public Record Report a problem
5/2/2023	Pending sale	$679,000$496/sqft
Source: CPAR #739503 Report a problem
4/1/2023	Listed for sale	$679,000+67.7%$496/sqft
Source: CPAR #739503 Report a problem
4/29/2020	Listing removed	$405,000$296/sqft
Source: Jim Free Realty LLC #695937 Report a problem
3/28/2020	Listed for sale	$405,000+28.6%$296/sqft
Source: Jim Free Realty LLC #695937 Report a problem
10/6/2014	Sold	$315,000-4.3%$230/sqft
Source: CPAR #619505 Report a problem
6/22/2014	Price change	$328,995-5.7%$240/sqft
Source: CitiStar Realty #619505 Report a problem
4/25/2014	Listed for sale	$348,995+22.5%$255/sqft
Source: CitiStar Realty #619505 Report a problem
4/24/2009	Sold	$285,000$208/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 +1.9%	$263,500 +4.7%
2015	$3,361	$251,600 +12.1%
2014	$3,361	$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