$1,325,000

Treasure Island 5004 Thomas Dr Unit 401 Panama City, FL 32408

Estimated payment $7,937/month

Total Views 22
3 Beds
2 Baths
1,950 Sq Ft
$679 Price per Sq Ft

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.

Listing Agent

Michael Blevins

CENTURY 21 AllPoints Realty License #SL3331221 Listed on: 12/05/2025

CENTURY 21 AllPoints Realty

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,860

Year Built

Built in 2005

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • Property Sub Type: Condominium
  • Lot Size: 0x0x0
  • Subdivision Name: Treasure Island Resort
  • Architectural Style: High Rise
  • New Construction: No
  • Efficiency: Appliances
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Convection Oven, ENERGY STAR Qualified Appliances, Electric Cooktop, Electric Water Heater, Water Purifier Owned, Water Softener Rented
  • Interior Amenities: Smart Thermostat
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Luxury Vinyl Plank
  • Dining Room Type: Bedroom, Dining Room, Full Bath, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Additional Parking
  • Garage: Yes
  • Attached Garage: No

Utilities

  • Utilities: Cable Connected, High Speed Internet Available
  • Security Features: Secured Garage/Parking, Security Service
  • Cooling: Central Air, Ceiling Fan(s), Humidity Control, Heat Pump
  • Heating: Humidity Control, Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Community Features: Beach, Pool, Short Term Rental Allowed
  • Amenities: Beach Rights
  • Association: Yes

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Mobile Dim Units: Feet

Multi Family

  • Number Of Units Furnished: All Units

Tax Info

  • Tax Annual Amount: 11860.0
  • Tax Year: 2024

MLS Schools

  • Elementary School: Patronis
  • High School: Arnold

Map

Range of Values:

--
Value Increase
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Percent Increase
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Adjusted for Inflation
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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 $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
Source: Public Records

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
Source: Central Panhandle Association of REALTORS®

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
Source: Public Records

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: Public Records

Source: Central Panhandle Association of REALTORS®

MLS Number: 782370

Central Panhandle Association of REALTORS®

APN: 31437-136-000