$600,000
SOLD MAY 19, 2025

Treasure Island 5004 Thomas Dr Unit 1707 Panama City Beach, FL 32408

2 Beds
2 Baths
1,370 Sq Ft
2005 Built

Recently Sold

$438 Per Sq Ft

8% Below List Price

51 Days on Market

Highlights

  • Beach
  • 24-Hour Security
  • Gulf View
  • Patronis Elementary School Rated A-
  • In Ground Pool
  • Deck

About This Home

As of May 2025

An Epic PCB Opportunity. Discover a RARE gem at the east end of Thomas Drive - a middle condo on the 17th floor with ICONIC Gulf Views at Treasure Island Resort. Enjoy the convenience of your private parking space and walking straight off the elevator directly into your condo. Simply walk straight into paradise at 5004 Thomas Drive, Unit 1707. This breathtaking, fully renovated condo comes fully furnished and equipped with all the bells and whistles for a perfect home, vacation getaway, or investment property. Completely redecorated & redesigned, this stunner features new furniture, artwork, and stunning decor throughout the 2-bedroom, 2-bath gem AND just newly painted! Both bedrooms feature king beds with new mattresses, and there's a bonus set of bunk beds built into the wall with a ladder, accommodating up to eight guests to maximize space and rental income. The open-concept kitchen boasts beautiful granite countertops, updated kitchen appliances, and everything you need for cooking — truly turnkey at its finest. Treasure Island Resort Condominium is near St. Andrews State Park on the east end of Panama City Beach. This area is filled with great local restaurants and outdoor activities, making it the ideal place to vacation, live, or both. Life is meant to be experienced, and Treasure Island, Unit 1707, is the epitome of just that!

Last Agent to Sell the Property

Brian Clowdus

Counts Real Estate Group Inc Listed on: 03/03/2025

Last Buyer's Agent

Brian Clowdus

Counts Real Estate Group Inc Listed on: 03/03/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,363

Year Built

  • Built in 2005

Parking

  • 1 Car Garage
  • Parking Lot

Interior Spaces

  • Ceiling Fan
  • Living Room

Kitchen

  • Electric Oven
  • Electric Cooktop

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck

Schools

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

Utilities

  • Central Heating and Cooling System

Community Details

Overview

  • Property has a Home Owners Association
  • High-Rise Condominium
  • Treasure Island Resort Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Elevator

Recreation

  • Beach

Security

  • 24-Hour Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,363

Year Built

Built in 2005

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • Property Sub Type: Condominium
  • Subdivision Name: Treasure Island Resort
  • Architectural Style: High Rise
  • New Construction: No
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Electric Cooktop, Electric Oven, Electric Range
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Luxury Vinyl Plank
  • Dining Room Type: Bedroom, Kitchen, Living Room, Primary Bedroom

Exterior Features

  • Pool Features: In Ground, Community
  • View: Gulf
  • View: Yes
  • Waterfront: Yes
  • Exterior Features: Covered Patio, Deck
  • Patio And Porch Features: Balcony, Deck

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Parking Lot
  • Garage: Yes
  • Attached Garage: No

Utilities

  • Utilities: Cable Connected
  • Security Features: Building Security, 24 Hour Security, Security Service
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Central
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Community Features: Barbecue, Beach, Elevator, Fitness Center, Pool, Waterfront, Short Term Rental Allowed
  • Amenities: Barbecue, Picnic Area
  • Association: Yes

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Lot Features: Paved
  • Mobile Dim Units: Feet
  • Zoning Description: Resort

Multi Family

  • Number Of Units Furnished: All Units

Tax Info

  • Tax Annual Amount: 6363.0
  • Tax Year: 2024

MLS Schools

  • Elementary School: Patronis
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2025
Closed on
May 19, 2025
Sold by
Carden Francis W and Carden Denise C
Bought by
Colosimo Christopher and Colosimo Catherine
Seller's Agent
Brian Clowdus
Counts Real Estate Group Inc
Buyer's Agent
Brian Clowdus
Counts Real Estate Group Inc
List Price
$649,000
Sold Price
$600,000
Premium/Discount to List
-$49,000
-7.55%
Views
15
Current Estimated Value
$599,703

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$297
Avg. Annual Appreciation
-0.08%
Original Mortgage
$450,000
Outstanding Balance
$447,498
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
$152,205
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $600,000 South Oak Title
Warranty Deed $600,000 South Oak Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $450,000 New Conventional
Closed $450,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2025 05/19/25 Sold $600,000 -7.6% $438 / Sq Ft
04/18/2025 04/18/25 Pending -- -- --
02/26/2025 02/26/25 For Sale $649,000 -- $474 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Tax History Compared to Growth

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
2025 $6,363 $516,462 -- --
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

Agents Affiliated with this Home

  • B

    Seller's Agent in 2025

    Brian Clowdus

    Counts Real Estate Group Inc

See All Agents

About Treasure Island

Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 769645

Central Panhandle Association of REALTORS®

APN: 31437-286-000

Florida Bay County Panama City Beach 32408

5004 Thomas Dr Unit 1707, Panama City Beach, FL

Sold

Condos

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.

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