Treasure Island 5004 Thomas Dr Unit 401 Panama City, FL 32408
Estimated payment $7,937/month
Highlights
- Beach
- Deeded access to the beach
- Gulf View
- J.R. Arnold High School Rated A-
- In Ground Pool
- Balcony
About This Home
Experience Unrivaled Luxury at This Gulf-Front Oasis Welcome to your dream coastal retreat, a fully renovated three-bedroom, two-bathroom condominium situated at the perfect level on the 4th floor, offering some of the most breathtaking views in Panama City Beach. This stunning property combines the tranquility of beachfront vacationing with sophisticated, high-end design elements and impressive amenities.
Key Features:
Panoramic Gulf Views: Floor-to-ceiling windows in all main living areas maximize natural light and capture sweeping, unobstructed views of the Gulf's emerald waters and the vast Panama City Beach coastline. Watch the sun sink into the horizon on the massive wrap around balcony.
Gourmet Kitchen: The chef's kitchen is a masterpiece of design, featuring custom Scandinavian cabinetry, quartz counter tops, top-of-the-line appliances, Fisher & Paykel dishwasher drawer and a sleek induction cooktop. It is an entertainer's delight where you can prepare meals while enjoying the captivating seascape and interacting with guests and family.
Spa-Inspired Bathrooms: Both bathrooms have been meticulously updated to the highest standards, offering a luxurious, spa-like experience. The primary ensuite bathroom features a custom-tiled walk-in shower with multiple shower heads and custom double vanity with separate water closet. The main bathroom is equally luxurious with glass enclosed tub/shower combo and custom tile work. Both bathrooms have all new fixtures and Toto toilets.
Wrap-Around Balcony: Step outside onto the expansive wrap-around balcony, an outdoor sanctuary perfect for morning coffee, sunset cocktails, or simply relaxing to the sound of the waves.
Convenience: A dedicated, full laundry room adds ease and functionality to your stay.
Whether you're seeking a serene permanent residence, a luxurious vacation home, or an exceptional investment property, this condo offers a rare opportunity to own a slice of paradise where every detail has been thoughtfully curated for a life of comfort and elegance. Treasure Island Resort enjoys some of the lowest HOA fees on the beach. This Treasure Island unit is truly a masterpiece residence that must be seen to be fully appreciated. Schedule your private viewing today.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $11,860
Year Built
- Built in 2005
Parking
- 1 Car Garage
- Secured Garage or Parking
- Additional Parking
Interior Spaces
- Ceiling Fan
- Living Room
- Dining Room
- Smart Thermostat
Kitchen
- Convection Oven
- Electric Cooktop
- ENERGY STAR Qualified Appliances
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Outdoor Features
- In Ground Pool
- Deeded access to the beach
Schools
- Patronis Elementary School
- Surfside Middle School
- Arnold High School
Utilities
- Humidity Control
- Central Air
- Heat Pump System
- Electric Water Heater
- Water Softener Leased
- High Speed Internet
Community Details
Overview
- Property has a Home Owners Association
- High-Rise Condominium
- Treasure Island Resort Subdivision
Recreation
- Beach
Security
- Security Service
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 | $11,481 | $925,650 | -- | -- |
| 2023 | $11,481 | $841,500 | $0 | $1,009,375 |
| 2022 | $8,888 | $765,000 | $0 | $765,000 |
| 2021 | $6,946 | $575,875 | $0 | $575,875 |
| 2020 | $6,658 | $544,000 | $0 | $544,000 |
| 2019 | $6,323 | $510,000 | $0 | $510,000 |
| 2018 | $5,993 | $475,575 | $0 | $0 |
| 2017 | $6,092 | $480,250 | $0 | $0 |
| 2016 | $6,014 | $465,375 | $0 | $0 |
| 2015 | $6,113 | $457,632 | $0 | $0 |
| 2014 | $5,585 | $416,029 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/05/2025 12/05/25 | For Sale | $1,325,000 | -- | $679 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,089,900 | First International Ttl Inc | |
| Deed | $600,000 | -- | |
| Warranty Deed | $420,000 | Dba Bay County Land & Abstra | |
| Corporate Deed | $800,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $871,920 | New Conventional | |
| Previous Owner | $400,000 | No Value Available | |
| Previous Owner | -- | No Value Available | |
| Previous Owner | $252,000 | New Conventional | |
| Previous Owner | $640,000 | Purchase Money Mortgage |
Source: Central Panhandle Association of REALTORS®
MLS Number: 782370
APN: 31437-136-000
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