Treasure Island 5004 Thomas Dr Unit 1811 Panama City Beach, FL 32408
Estimated payment $4,961/month
Highlights
- Beach
- Property fronts gulf or ocean
- Main Floor Primary Bedroom
- J.R. Arnold High School Rated A-
- Newly Painted Property
- Furnished
About This Home
Welcome to Treasure Island Resort, a prominently located gulf-front high-rise condominium in Panama City Beach. This highly desirable, renovated 18th floor unit is comprised of 2 bedrooms plus bunks, 2 bathrooms with 1,370 sq.ft. of an idealistic open floor plan taking full advantage of unobstructed views over the Gulf of Mexico from multiple rooms. A full-blown renovation occurred in 2022 that reflects meticulous attention to detail with notable updates and features throughout in excess of $100,000. This includes updated coastal furniture inside and out, neutral floor-to-ceiling blackout curtains, plantation shutters, neutral paint throughout, wood-look tiles in every room, new light/fan fixtures, new plumbing fixtures, updated kitchen, updated bathrooms, new closet systems and newer components.
As you walk into the foyer, you are graced with a beautiful custom marble inlay to set the tone for the rest of the unit. The open-concept kitchen boasts contemporary white cabinetry, granite countertops, stainless-steel appliances with a new stove/oven unit and dishwasher, custom pendant light fixtures, recessed lights and pantry. Within the same space is your dining area with ample sitting, custom light fixture and built-in twin-over-twin bunks with a ladder. Adjoining the space is your large living room offering endless gulf views with the ONLY custom built 52-inch fireplace in the entire complex. Open up the glass sliding doors not only in the living room, but also the primary suite to enjoy the beach air on your almost 30 foot long balcony that gives you plenty of space of casual sitting and dining options.
Just off the main living area is the spacious primary king suite. The updated primary bathroom offers a double vanity with a leather granite finish, LED lighted fog free mirrors, private water closet, a glass enclosed chevron marble inlay shower, custom plumbing fixtures and a custom wood shelving system in the closet. The secondary queen suite also offers an updated bathroom with a single vanity with a leather granite finish, LED lighted fog free mirror, a glass enclosed herringbone patterned tiled shower and a custom wood shelving system in the closet.
This fully-furnished condo makes an ideal primary residence, a second home or an investment property with its unique location on the East end of Panama City Beach offering breathtaking sunsets and expansive views down the coastline, providing an unforgettable backdrop. Resort living offers plenty of amenities for everyone to luxuriate in such as a swimming pool, fitness center, on-site restaurant, beach service and a short distance to St. Andrews State Park, favorite local bars, shopping and restaurants. Come see why life is good at Treasure Island Resort today!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $7,090
Year Built
- Built in 2005
HOA Fees
- $858 Monthly HOA Fees
Parking
- 1 Car Attached Garage
Home Design
- Newly Painted Property
- Concrete Siding
Interior Spaces
- 1,370 Sq Ft Home
- Furnished
- Crown Molding
- Ceiling Fan
- Recessed Lighting
- Fireplace
- Window Treatments
- Entrance Foyer
- Living Room
- Dining Room
- Tile Flooring
Kitchen
- Breakfast Bar
- Walk-In Pantry
- Electric Oven or Range
- Induction Cooktop
- Microwave
- Ice Maker
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom on Main
- Split Bedroom Floorplan
- En-Suite Primary Bedroom
- 2 Full Bathrooms
- Dual Vanity Sinks in Primary Bathroom
- Primary Bathroom includes a Walk-In Shower
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
Accessible Home Design
- Handicap Accessible
- Handicap Modified
Schools
- Patronis Elementary School
- Surfside Middle School
- Arnold High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Additional Features
Listing and Financial Details
- Assessor Parcel Number 31437-302-000
Community Details
Overview
- Association fees include accounting, ground keeping, management, master, recreational faclty, sewer, water, cable TV, trash
- Treasure Island Subdivision
- Handicap Modified Features In Community
- 22-Story Property
Amenities
- Community Barbecue Grill
- Elevator
Recreation
- Beach
Pet Policy
- Pets Allowed
Security
- Fire and Smoke Detector
- Fire Sprinkler System
Map
About Treasure Island
Home Values in the Area
Average Home Value in this Area
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 | $6,993 | $573,750 | -- | $573,750 |
| 2023 | $6,993 | $573,750 | $0 | $573,750 |
| 2022 | $5,742 | $493,000 | $0 | $493,000 |
| 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 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/13/2025 09/13/25 | Price Changed | $665,000 | -2.2% | $485 / Sq Ft |
| 07/15/2025 07/15/25 | Price Changed | $679,900 | -2.9% | $496 / Sq Ft |
| 04/22/2025 04/22/25 | For Sale | $699,900 | -- | $511 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $540,000 | Aqua Title Services |
Source: Emerald Coast Association of REALTORS®
MLS Number: 974488
APN: 31437-302-000
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