$679,900
$20K PRICE DROP

Treasure Island 5004 Thomas Dr Unit 1811 Panama City Beach, FL 32408

Estimated payment $5,211/month

Total Views 3,362
2 Beds
2 Baths
1,370 Sq Ft
$496 Price per Sq Ft

Highlights

  • Beach
  • Property fronts gulf or ocean
  • Fishing
  • Patronis Elementary School Rated A-
  • Heated In Ground Pool
  • Furnished

About This Home

Seller now offering up to $15,000 in any-way money for a Buyer to use as they wish with an acceptable offer! 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 systemsand 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!

Listing Agent

Coastal Connections Group

Compass Florida, LLC Listed on: 04/25/2025

Compass Florida, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,090

Year Built

  • Built in 2005

Lot Details

  • Property fronts a county road

HOA Fees

  • $858 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 1,370 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Recessed Lighting
  • Electric Fireplace
  • Entrance Foyer
  • Living Room
  • Dining Room

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Heated In Ground Pool

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

Overview

  • Association fees include cable TV, legal/accounting, ground maintenance, recreation facilities, sewer, trash, water
  • Treasure Island HOA
  • High-Rise Condominium
  • Treasure Island Resort Subdivision
  • 22-Story Property

Amenities

  • Community Barbecue Grill
  • Elevator

Recreation

  • Beach
  • Fishing

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,090

Year Built

Built in 2005

Lot Details

0

HOA Fees

$858 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • Property Sub Type: Condominium
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Subdivision Name: Treasure Island Resort
  • Architectural Style: High Rise
  • Entry Level: 18
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Interior Amenities: Breakfast Bar, Fireplace, Pantry, Recessed Lighting, Split Bedrooms, Entrance Foyer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Electric
  • Fireplace: Yes
  • Living Area: 1370.0
  • Dining Room Type: Bedroom, Dining Room, Full Bath, Foyer, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom
  • Stories: 22

Exterior Features

  • Pool Features: Gas Heat, In Ground, Pool, Community
  • View: Gulf
  • View: Yes
  • Waterfront Features: Gulf, See Remarks, Waterfront
  • Waterfront: Yes
  • Construction Type: Concrete
  • Exterior Features: Balcony
  • Patio And Porch Features: Balcony

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage
  • Garage: Yes
  • Attached Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: 2575.25
  • Community Features: Barbecue, Beach, Elevator, Fitness Center, Fishing, Other, See Remarks, Short Term Rental Allowed, Waterfront, Pool
  • Association Fee Frequency: Quarterly
  • Association Name: Treasure Island HOA
  • Association: Yes

Fee Information

  • Association Fee Includes: Cable TV, Legal/Accounting, Maintenance Grounds, Recreation Facilities, Sewer, 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: 7090.0
  • Tax Year: 2024

MLS Schools

  • Elementary School: Patronis
  • High School: Arnold

Map

Range of Values:

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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 $6,993 $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
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
Source: Central Panhandle Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $540,000 Aqua Title Services
Source: Public Records

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Source: Central Panhandle Association of REALTORS®

MLS Number: 772544

Central Panhandle Association of REALTORS®

APN: 31437-302-000