$634,995

Treasure Island 5004 Thomas 1507 Dr Unit 1507 Panama City Beach, FL 32408

Estimated payment $4,928/month

Total Views 2,148
2 Beds
2 Baths
1,370 Sq Ft
$464 Price per Sq Ft

Highlights

  • Property fronts gulf or ocean
  • Deeded access to the beach
  • Furnished
  • Patronis Elementary School Rated A-
  • Heated In Ground Pool
  • Balcony

About This Home

Welcome to Treasure Island. This spacious unit includes a large balcony and Gulf views throughout most of the condo. Accommodating up to eight guests, Treasure Island will have you and your guests returning year after year. Freshly painted with some new commercial furniture, this unit has much to desire. The kitchen has granite countertops, a breakfast bar, and plenty of cabinet space, and overlooks the oversized balcony so you can take in the views of the Gulf of Mexico. The Master Bedroom has a large oversized ensuite and views of the Gulf. You and your guest will enjoy in-unit laundry and close proximity to the high-speed elevators. Treasure Island overlooks the world's most beautiful beaches and is located at the highly sought-after East End of Panama City Beach. Walk the beach to enjoy live music and great food at the local beach club, or walk down Thomas Drive to fishing, boating, restaurants, or Saint Andrews State Park. Treasure Island has many amenities, including a beachside resort-style heated, a kiddy pool, two gazebos, covered parking, a gym, an owner's lounge, a game room, high-speed elevators, and more.

Listing Agent

Melany Hathcock

CENTURY 21 Ryan Realty Inc License #SL3462926

CENTURY 21 Ryan Realty Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,182

Year Built

  • Built in 2005

HOA Fees

  • $859 Monthly HOA Fees

Parking

  • 1 Car Garage

Interior Spaces

  • 1,370 Sq Ft Home
  • Furnished
  • Living Room

Kitchen

  • Breakfast Bar
  • Electric Cooktop
  • Warming Drawer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Heated In Ground Pool
  • Deeded access to the beach

Schools

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

Additional Features

  • Central Heating and Cooling System

Community Details

Overview

  • Association fees include clubhouse, pool(s)
  • High-Rise Condominium
  • Treasure Island Resort Subdivision

Amenities

  • Picnic Area

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,182

Year Built

Built in 2005

Lot Details

0

HOA Fees

$859 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • Property Sub Type: Condominium
  • Lot Size: 0 x 0
  • Subdivision Name: Treasure Island Resort
  • Architectural Style: High Rise
  • Entry Level: 15
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Cooktop, Electric Range, Disposal, Warming Drawer, Washer
  • Interior Amenities: Breakfast Bar
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1370.0
  • Dining Room Type: Bedroom, Living Room, Primary Bedroom
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Pool Features: Gas Heat, In Ground
  • View: Gulf
  • View: Yes
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Exterior Features: Built-in Barbecue, Balcony
  • Patio And Porch Features: Balcony

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 2575.52
  • Community Features: Other, See Remarks, Short Term Rental Allowed
  • Amenities: Beach Rights, Picnic Area
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Fee Information

  • Association Fee Includes: Clubhouse, Other, Pool(s), See Remarks

Schools

  • Middle Or Junior School: Surfside

Rental Info

  • Furnished: Furnished

MLS Schools

  • Elementary School: Patronis
  • High School: Arnold

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,182 $469,511 -- --
2023 $6,182 $426,828 $0 $573,750
2022 $5,106 $388,025 $0 $0
2021 $4,270 $352,750 $0 $352,750
2020 $4,069 $335,750 $0 $335,750
2019 $3,779 $310,250 $0 $310,250
2018 $3,421 $270,100 $0 $0
2017 $3,425 $268,600 $0 $0
2016 $3,423 $263,500 $0 $0
2015 $3,331 $246,840 $0 $0
2014 $3,121 $224,400 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2025 04/12/25 Price Changed $634,995 0.0% $464 / Sq Ft
03/08/2025 03/08/25 For Sale $635,000 -- $464 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $229,000 Cornerstone Title Agency Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $55,000 Credit Line Revolving
Source: Public Records

Similar Homes in the area

  • 6201 Thomas Dr Unit 1510, Panama City Beach, FL 32408

    $735,000

    • 2 Beds
    • 2 Baths
    • 1,367 Sq Ft
    • 6201 Thomas Dr
    • Unit 1510
    • Panama City Beach, FL

    MONEY MAKER ALERT AT WATERCREST!!!!! INVESTORS....THIS CONDO IS ALREADY KILLING IT ON THE RENTAL MARKET WITH PROFITABLE RENTAL HISTORY WHICH CAN BE PROVIDED!!! RARE WATERCREST END UNIT... HUGE WRAP AROUND BALCONY.... WEST VIEW...FULLY REMODELED....Welcome to paradise! This fully renovated, luxurious 2-bedroom, 2-bath Gulf-front condo on the East End of Panama City Beach is the perfect blend of

    Sassy French Keller Williams Success Realty

    Section Image
  • 9860 S Thomas Dr Unit 1806, Panama City, FL 32408

    $469,000

    • 3 Beds
    • 2 Baths
    • 1,262 Sq Ft
    • 9860 S Thomas Dr
    • Unit 1806
    • Panama City, FL

    Fully renovated 3BR/2BA GULF-VIEW condo at the beautiful Laketown Wharf Beach Resort . This 1262 sqft unit offers spectacular gulf views from the 18th floor of the breathtaking Gulf of Mexico and the Emerald Coast and all it has to offer. This unit is being sold fully-furnished and everything you see in the photos convey. This unit is turn-key and any/all future bookings will transfer to new

    Shantel Peterson Real Broker LLC

    Section Image
  • 11757 Front Beach W306 Rd Unit W306, Panama City Beach, FL 32407

    $669,999

    • 2 Beds
    • 2 Baths
    • 1,284 Sq Ft
    • 11757 Front Beach W306 Rd
    • Unit W306
    • Panama City Beach, FL

    This expansive, Gulf-front two-bedroom, two-bathroom condominium is nestled within the highly sought-after mid-rise Windward building, situated on the serene west side of Edgewater Beach and Golf Resort.From the moment you step into this third-floor residence, you are greeted by breathtaking, panoramic views of the sugar-white sands and mesmerizing, emerald-green waters of the Gulf of Mexico.

    Sassy French Keller Williams Success Realty

    Section Image
  • 12011 Front Beach Rd Unit 1704B, Panama City Beach, FL 32407

    $499,000

    • 2 Beds
    • 2 Baths
    • 1,076 Sq Ft
    • 12011 Front Beach Rd
    • Unit 1704B
    • Panama City Beach, FL

    This condo is a proven winner for vacation rentals--should you decide to share! As soon as you walk through the door, the first thing you'll notice will be the phenomenal views! Then take a moment to look around at this fully furnished, two-bedroom, two full baths condo. The easy-care laminate flooring is ideal for beachfront living. There are unique touches throughout this condo, to include the

    Paula Sherman ERA American Real Estate

    Section Image
  • 12011 Front Beach Rd Unit 1604, Panama City Beach, FL 32407

    $510,000

    • 2 Beds
    • 2 Baths
    • 1,076 Sq Ft
    • 12011 Front Beach Rd
    • Unit 1604
    • Panama City Beach, FL

    Seller offering $11,000 credit to you as a Buyer- Call today! The best Sunrise and Sunset views of the Gulf in Panama City Beach, awesome amenities and dog park. Rental dream for investors, an amazing second home or retire in a beautiful place. This two bedroom, two bath unit with oversized balcony is the best place to relax and enjoy life. Come see today!

    Cheramie Reeder Robert Slack, LLC

    Section Image
  • 14701 Front Beach Rd Unit 1631, Panama City Beach, FL 32413

    $509,900

    • 2 Beds
    • 2 Baths
    • 1,299 Sq Ft
    • 14701 Front Beach Rd
    • Unit 1631
    • Panama City Beach, FL

    MOTIVATED SELLER! Seller agrees to pay remaining 2025 HOA fees at time of closing.Step into your dream oasis with this GULF-view condo located on the 16th floor of Emerald Beach Resort. This 2BR/2BA unit with 1299 sq ft offers spectacular view of the Emerald Coast. You can sit on your private balcony and watch the dolphins dance below or listen to the sounds of the green emerald waters

    Shantel Peterson Real Broker LLC

    Section Image
  • 15817 Front Beach Rd Unit II-2208, Panama City Beach, FL 32413

    $699,900

    • 2 Beds
    • 2 Baths
    • 1,223 Sq Ft
    • 15817 Front Beach Rd
    • Unit II-2208
    • Panama City Beach, FL

    SELLER CONCESSIONS OFFERED!!! Exceptional GULF FRONT water views! Soothing coastal beach colors and decor, new furnishings, new stainless appliances/granite, tile backsplash, breakfast bar, 10 ft ceilings, full length balcony with glass doors, two large bedrooms with an additional third bedroom/bunk room! Sold fully furnished, this spacious favorite West building unit is located in one of the

    Sherry Agee-Smith SimpliHOM

    Section Image
  • 15928 Front Beach Rd Unit 3-403, Panama City Beach, FL 32413

    $478,900

    • 1 Bed
    • 2 Baths
    • 1,103 Sq Ft
    • 15928 Front Beach Rd
    • Unit 3-403
    • Panama City Beach, FL

    LOCATION, LOCATION, LOCATION!!! Welcome to your perfect slice of paradise! This 4th-floor unit boasts breathtaking, unobstructed views of the Gulf of Mexico, offering the ultimate beachside retreat. Situated just steps away from the vibrant Pier Park, Gulf World, premier shopping, top-rated restaurants, and endless attractions, this property is the epitome of convenience and coastal living. The

    Amanda Gaskin Briar Patch Realty LLC

    Section Image
  • 16701 Front Beach Rd Unit 1605, Panama City Beach, FL 32413

    $499,000

    • 1 Bed
    • 2 Baths
    • 914 Sq Ft
    • 16701 Front Beach Rd
    • Unit 1605
    • Panama City Beach, FL

    Sterling Breeze is a luxurious gulf front resort property located only 5 minutes from Pier Park, the new Top Golf, Dolly Parton's new Pirates Voyage dinner theatre and 20 minutes to Panama City Beach ECP Airport. This spacious 1 Bedroom boasts 2 full bathrooms, designated bunk room and stunning sunsets. Property includes all beautiful furnishings and is rental ready!

    Cheramie Reeder Robert Slack, LLC

    Section Image

Source: Central Panhandle Association of REALTORS®

MLS Number: 770434

Central Panhandle Association of REALTORS®

APN: 31437-262-000