$925,000
$5K PRICE DROP

Treasure Island 5004 Thomas 112 Dr Unit 112 Panama City Beach, FL 32408

Estimated payment $7,181/month

Total Views 3,878
3 Beds
2 Baths
1,950 Sq Ft
$474 Price per Sq Ft

Highlights

  • Beach
  • Property fronts gulf or ocean
  • Building Security
  • J.R. Arnold High School Rated A-
  • Deeded access to the beach
  • Heated In Ground Pool

About This Home

Coastal Luxury at Treasure Island Resort - Ground Floor Gulf-Front PenthouseExperience coastal living at its finest with this beautifully appointed, ground-floor penthouse unit in the highly sought-after Treasure Island Resort. This fully furnished 3-bedroom, 2-bath condo offers stunning Gulf views and is projected to generate over $100K in annual rental income. The unit stays booked solid, so showings are best on turn days--typically Saturdays after 2 PM.A rare and valuable feature of the ground-floor units is the private balcony gate, providing direct access to the pool deck, hot tub, and beach--no elevator needed. Inside, you'll find an open-concept living, kitchen, and dining area filled with natural light thanks to oversized picture windows and floor-to-ceiling sliding glass doors.The Gulf-front primary suite includes private balcony access, a spacious en suite bath with double vanities, a separate walk-in shower, water closet, and large closet. Both guest bedrooms accommodate king beds and also feature private balcony access via sliding glass doors--ideal for guests or family.Additional highlights include:Private balcony rinse-off showerAssigned, covered garage parkingDirect pool and beach access--no stairs or elevator necessaryResort amenities: Heated pool (seasonal), hot tub, grilling area, fitness center, and a community roomThis is turnkey luxury with strong rental potential and unbeatable convenience. Don't miss your chance to own one of the best-positioned units in Treasure Island.

Listing Agent

J3/Jim Hodges

Counts Real Estate Group Inc License #0583553 Listed on: 08/12/2024

Co-Listing Agent

Catherine Anderson

Counts Real Estate Group Inc License #3261240

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,136

Year Built

  • Built in 2005

Lot Details

HOA Fees

  • $1,222 Monthly HOA Fees

Parking

  • Paved Parking

Interior Spaces

  • 1,950 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Living Room
  • Dining Room
  • Stacked Washer and Dryer

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Home Security

Outdoor Features

  • Heated In Ground Pool
  • Deeded access to the beach
  • Covered Patio or Porch

Schools

  • Patronis Elementary School
  • Surfside Middle School
  • Arnold High School

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Community Details

Overview

  • Association fees include cable TV, legal/accounting, ground maintenance, pest control, pool(s), trash, water
  • High-Rise Condominium
  • Treasure Island Resort Subdivision

Amenities

  • Community Barbecue Grill

Recreation

  • Beach

Security

  • Building Security
  • Gated Community
  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,136

Year Built

Built in 2005

Lot Details

0

HOA Fees

$1,222 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • Property Sub Type: Condominium
  • Lot Size: oxo
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Co List Office Mls Id: BKWS
  • Co List Office Phone: (850) 249-0313
  • Subdivision Name: Treasure Island Resort
  • Architectural Style: High Rise
  • Entry Level: 1
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Washer/Dryer Stacked, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator
  • Interior Amenities: Breakfast Bar, Recessed Lighting, Split Bedrooms
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Living Area: 1950.0
  • Dining Room Type: Bedroom, Dining Room, Kitchen, Living Room, Primary Bedroom
  • Window Features: Double Pane Windows, Storm Window(s)

Exterior Features

  • Pool Features: Community, Electric Heat, In Ground, Pool
  • Fencing: Full
  • View: Gulf
  • View: Yes
  • Waterfront Features: Gulf, Shoreline - Sand, Waterfront
  • Waterfront: Yes
  • Construction Type: Concrete
  • Exterior Features: Built-in Barbecue, Balcony
  • Patio And Porch Features: Balcony, Covered, Porch

Garage/Parking

  • Parking Features: Paved
  • Garage: No

Utilities

  • Utilities: Cable Connected, Water Connected
  • Security Features: Building Security, Gated Community, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Heating: Electric
  • Laundry Features: Stacked
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 3666.0
  • Community Features: Barbecue, Beach, Short Term Rental Allowed, Waterfront, Gated, Pool
  • Amenities: Beach Rights
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Cable TV, Legal/Accounting, Maintenance Grounds, Pest Control, Pool(s), Trash, Water

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Lot Features: Waterfront
  • Zoning Description: Resid Multi-Family

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Annual Amount: 11136.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: Patronis
  • High School: Arnold

Map

About Treasure Island

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2025 02/19/25 For Sale $925,000 0.0% $474 / Sq Ft
02/19/2025 02/19/25 Off Market $925,000 -- --
10/06/2024 10/06/24 Price Changed $925,000 -0.5% $474 / Sq Ft
08/12/2024 08/12/24 For Sale $930,000 -- $477 / Sq Ft
Source: Central Panhandle Association of REALTORS®

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Source: Central Panhandle Association of REALTORS®

MLS Number: 761270

Central Panhandle Association of REALTORS®
Florida Bay County Panama City Beach 32408

5004 Thomas 112 Dr Unit 112, Panama City Beach, FL

This home is located at 5004 Thomas 112 Dr Unit 112, Panama City Beach, FL 32408 and is currently priced at $925,000, approximately $474 per square foot. This property was built in 2005. 5004 Thomas 112 Dr Unit 112 is a home located in Bay County with nearby schools including Surfside Middle School, J.R. Arnold High School, and Patronis Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Central Panhandle Association of REALTORS® IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

Nearby Homes
Listing Agent
J3/Jim Hodges
Counts Real Estate Group Inc