$550,000
SOLD NOV 28, 2025

Treasure Island 5004 Thomas Dr Unit 1011 Panama City, FL 32408

2 Beds
2 Baths
1,370 Sq Ft
2005 Built

Recently Sold

$401 Per Sq Ft

6% Below List Price

1 Day on Market

Highlights

  • Beach
  • Deeded access to the beach
  • In Ground Pool
  • Patronis Elementary School Rated A-
  • 24-Hour Security
  • Gulf View

About This Home

As of November 2025

This 2 bedroom 2 bath condo with a BUNK AREA has a GULF FRONT master bedroom with balcony
access, is located on the 10th floor which provides for UNSURPASSED SUNSET and GULF VIEWS!!!.

Last Agent to Sell the Property

Billy Richard

Realty Mark Associates License #SL3296688 Listed on: 11/02/2025

Last Buyer's Agent

Billy Richard

Realty Mark Associates License #SL3296688 Listed on: 11/02/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,363

Year Built

  • Built in 2005

Parking

  • Additional Parking

Interior Spaces

  • Ceiling Fan
  • Insulated Doors
  • Living Room

Kitchen

  • Electric Oven
  • Gas Cooktop
  • Ice Maker

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Accessible Home Design

  • Accessible Full Bathroom
  • Grip-Accessible Features
  • Accessible Bedroom
  • Accessible Closets
  • Handicap Accessible
  • Accessible Doors
  • Accessible Entrance

Outdoor Features

  • In Ground Pool
  • Deeded access to the beach
  • Balcony

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

Overview

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

Amenities

  • Community Barbecue Grill
  • Meeting Room
  • Elevator

Recreation

  • Beach

Security

  • 24-Hour Security
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,363

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential
  • Accessibility Features: Accessible Full Bath, Accessible Bedroom, Accessible Closets, Grip-Accessible Features, Accessible Doors, Accessible Entrance
  • Year Built: 2005
  • Property Sub Type: Condominium
  • Lot Size: condo
  • Road Frontage Type: City Street
  • 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, Electric Water Heater, Gas Cooktop, Ice Maker
  • Interior Amenities: Handicap Access
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Insulated Doors
  • Flooring: Luxury Vinyl Plank
  • Dining Room Type: Bedroom, Kitchen, Living Room, Primary Bedroom, Other

Exterior Features

  • Pool Features: In Ground, Community
  • View: Gulf
  • View: Yes
  • Waterfront Features: Shoreline - Sand
  • Waterfront: Yes
  • Patio And Porch Features: Balcony

Garage/Parking

  • Parking Features: Additional Parking
  • Garage: No
  • Attached Garage: No

Utilities

  • Utilities: Cable Connected, Electricity Available
  • Security Features: Fire Sprinkler System, 24 Hour Security, Fire Alarm, Security Service
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Central, Electric
  • Green Building Features: Dumpster
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Community Features: Barbecue, Beach, Conference/Meeting Room, Elevator, Fitness Center, Pool, Waterfront, Short Term Rental Allowed
  • Amenities: Beach Rights, Gazebo, Barbecue
  • Association: Yes

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Mobile Dim Units: Feet
  • Zoning Description: Resid Multi-Family

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
Nov 2, 2025
Closed on
Nov 21, 2025
Sold by
James I Strickland And Martha A Smith Re and Strickland James I
Bought by
Gilcrist Richard and Gilcrist Joan
Seller's Agent
Billy Richard
Realty Mark Associates
Buyer's Agent
Billy Richard
Realty Mark Associates
List Price
$585,000
Sold Price
$550,000
Premium/Discount to List
-$35,000
-5.98%
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.27%
Original Mortgage
$463,250
Outstanding Balance
$463,250
Interest Rate
6.3%
Mortgage Type
Credit Line Revolving
Estimated Equity
$118,008

Purchase Details

Closed on
Jun 11, 2018
Sold by
Simera Louis M and Simera Selena G
Bought by
Strickland James I and Smith Martha A

Purchase Details

Closed on
Jun 18, 2008
Sold by
Hogan John C
Bought by
Simera Louis M and Simera Selena G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage
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 $550,000 None Listed On Document
Warranty Deed $365,000 Attorney
Warranty Deed $355,000 Northwest Fl Title Svcs Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $463,250 Credit Line Revolving
Previous Owner $200,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/28/2025 11/28/25 Sold $550,000 -6.0% $401 / Sq Ft
11/03/2025 11/03/25 Pending -- -- --
11/02/2025 11/02/25 For Sale $585,000 -- $427 / 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 $4,125 $335,750 $0 $335,750
2019 $3,862 $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

  • Billy Richard

    Seller's Agent in 2025

    Billy Richard

    Realty Mark Associates

    (850) 319-9319

    2 in this area

    10 Total Sales

    Billy Richard
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About Treasure Island

Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 781129

Central Panhandle Association of REALTORS®

APN: 31437-218-000

Florida Bay County Panama City 32408

5004 Thomas Dr Unit 1011, Panama City, 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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