$550,000
$69K PRICE DROP

Treasure Island 5004 Thomas Dr Unit 1209 Panama City, FL 32408

Estimated payment $4,417/month

Total Views 7,630
2 Beds
2 Baths
1,370 Sq Ft
$401 Price per Sq Ft

Highlights

  • Property fronts gulf or ocean
  • In Ground Pool
  • Elevator
  • Patronis Elementary School Rated A-
  • Clubhouse
  • Balcony

About This Home

**SOLID SURFACE FLOORING THROUGHOUT** Here's your opportunity to own a unit at one of the best resorts in Panama City Beach! This spacious 2BR/2BA condo with built-in bunks comfortably sleeps 8 and offers breathtaking views of the Gulf from its prime location. Treasure Island boasts one of the largest two-bedroom floor plans on the beach, complete with large private balconies that provide unparalleled vistas along the entire coastline to the west. The master bedroom and living area are also strategically positioned to face the Gulf. Enjoy the style of vinyl plank flooring in the living and bedroom areas, complemented by tiled floors in the kitchen and bathrooms for effortless maintenance. Sold fully furnished, this unit features a king bed in the master, a queen bed in the guest bedroom, twin bunks, and a sleeper sofa in the living room. The fully-equipped kitchen with breakfast bar and a full-size washer and dryer in the laundry room add to the convenience. Situated directly on the beach with over 370 feet of white sand reserved just for guests, the resort is ideally located on the quiet east end of Panama City Beach, within walking distance to St Andrews State Park, marinas, golf courses, and popular restaurants. While its location close to many of the area's attractions is a major draw, Treasure Island keeps its guests occupied on-site with a host of resort amenities including a gulf-front (seasonally heated) pool, hot tub, gazebos, fitness room and BBQ grills. This unit comes with a reserved parking space in the covered garage. Schedule your viewing today!

Listing Agent

Duran Group

Berkshire Hathaway HomeServices Beach Properties of Florida Listed on: 03/28/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,182

Year Built

  • Built in 2005

Lot Details

HOA Fees

  • $858 Monthly HOA Fees

Parking

  • Garage

Interior Spaces

  • 1,370 Sq Ft Home
  • Ceiling Fan

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • In Ground Pool

Schools

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

Utilities

  • Central Air
  • Heating Available

Community Details

Overview

  • Association fees include cable TV, trash, water
  • High-Rise Condominium
  • Treasure Island Resort Subdivision

Amenities

  • Community Barbecue Grill
  • Elevator

Recreation

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,182

Year Built

Built in 2005

Lot Details

0

HOA Fees

$858 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • Property Sub Type: Condominium
  • Lot Size: Condo
  • Subdivision Name: Treasure Island Resort
  • Architectural Style: High Rise
  • Entry Level: 12
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Electric Oven, Electric Range, Disposal, Microwave, Refrigerator
  • Interior Amenities: Breakfast Bar
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1370.0
  • Dining Room Type: Bedroom, Primary Bedroom

Exterior Features

  • Pool Features: Pool, Community
  • Waterfront Features: Gulf, Waterfront
  • Waterfront: Yes
  • Construction Type: Concrete
  • Exterior Features: Balcony
  • Patio And Porch Features: Balcony

Garage/Parking

  • Parking Features: Garage
  • Garage: No

Utilities

  • Utilities: Water Connected
  • Security Features: Security Service
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 2575.0
  • Community Features: Barbecue, Clubhouse, Elevator, Fitness Center, Short Term Rental Allowed, Waterfront, Pool
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Cable TV, Trash, Water

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Lot Features: Waterfront

Rental Info

  • Furnished: Partially

MLS Schools

  • Elementary School: Patronis
  • High School: Arnold

Map

Range of Values:

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Average Value
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Sold Price
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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
07/15/2025 07/15/25 Price Changed $550,000 -4.3% $401 / Sq Ft
05/12/2025 05/12/25 Price Changed $575,000 +1.1% $420 / Sq Ft
04/15/2025 04/15/25 Price Changed $569,000 -3.4% $415 / Sq Ft
02/18/2025 02/18/25 Price Changed $589,000 -1.7% $430 / Sq Ft
11/19/2024 11/19/24 Price Changed $599,000 -3.4% $437 / Sq Ft
09/09/2024 09/09/24 Price Changed $619,900 +3.5% $452 / Sq Ft
06/05/2024 06/05/24 Price Changed $599,000 -3.2% $437 / Sq Ft
04/04/2024 04/04/24 For Sale $619,000 -- $452 / Sq Ft
Source: Central Panhandle Association of REALTORS®

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Source: Central Panhandle Association of REALTORS®

MLS Number: 755216

Central Panhandle Association of REALTORS®

APN: 31437-240-000