NOT LISTED FOR SALE

Treasure Island 5004 Thomas Dr Unit 507 Panama City, FL 32408

Estimated Value: $606,948 - $655,000

2 Beds
2 Baths
1,370 Sq Ft
$407/mo HOA Fee

Last Sold January 31, 2018

Last sale price $350,000 $255 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $4,337/month

56 Days on Market

Highlights

  • Beach
  • Property fronts gulf or ocean
  • Heated In Ground Pool
  • J.R. Arnold High School Rated A-
  • Deeded access to the beach
  • Fishing

About This Home

As of January 2018

Never have to ride the elevator, just take the crossover from the parking deck. This beautiful unit overlooks the pool and Gulf. Perhaps the best view on the beach. Because of the orientation you can see the entire west beach. This unit features 10' ceilings. The complex is well managed with some of the lowest HOA fees on the beach.In walking distance to fine restaurants and beach clubs. All information is believed to be correct but should be verified by the buyer.

Last Agent to Sell the Property

Ivanette Free

Jim Free Realty LLC License #0554791 Listed on: 10/21/2017

Co-Listed By

Abbi Ratliff

Jim Free Realty LLC License #3289322

Last Buyer's Agent

Cindy Armstrong

Prudential Shimmering Sands Realty Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,423

Year Built

  • Built in 2005

Lot Details

  • Property fronts a county road

HOA Fees

  • $407 Monthly HOA Fees

Property Views

Home Design

  • Pillar, Post or Pier Foundation
  • Membrane Roofing
  • Stucco

Interior Spaces

  • 1,370 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Ceiling Fan
  • Great Room
  • Dining Room

Kitchen

  • Breakfast Bar
  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 2 Covered Spaces
  • Covered Parking

Pool

  • Heated In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Deeded access to the beach

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 management, clubhouse, cable TV, internet, legal/accounting, ground maintenance, pest control, pool(s), sewer, security, trash, water
  • 263 Units
  • In House HOA
  • High-Rise Condominium
  • Treasure Island Resort Subdivision

Amenities

  • Community Barbecue Grill
  • Elevator

Recreation

  • Beach
  • Fishing

Security

  • Security Service
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,423

Year Built

Built in 2005

Lot Details

0

HOA Fees

$407 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • Property Sub Type: Condominium
  • Lot Size: condo
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: BJFR
  • Co List Office Phone: (850) 230-1216
  • Subdivision Name: Treasure Island Resort
  • Architectural Style: High Rise
  • Unit Levels: Three Or More
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Washer
  • Interior Amenities: Breakfast Bar
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1370.0
  • Dining Room Type: Bedroom, Dining Room, Great Room, Primary Bedroom
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Pool Features: Gas Heat, In Ground, Community, Pool
  • View: Gulf, Lagoon
  • View: Yes
  • Waterfront Features: Gulf, Shoreline - Sand, Waterfront
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Exterior Features: Built-in Barbecue, Balcony, Outdoor Shower, Pool
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Balcony
  • Roof: Membrane

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Parking Features: Covered

Utilities

  • Utilities: Cable Connected, Electricity Connected, Other, Sewer Connected, Trash Collection, Water Connected
  • Security Features: Fire Alarm, Smoke Detector(s), Security Service
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Heating: Central, Electric
  • Green Building Features: Dumpster
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 1219.88
  • Community Features: Barbecue, Beach, Clubhouse, Elevator, Fitness Center, Fishing, Other, Pool, See Remarks, Waterfront
  • Amenities: Beach Rights
  • Association Fee Frequency: Quarterly
  • Association Name: In House HOA
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Fee Information

  • Association Fee Includes: Association Management, Clubhouse, Cable TV, Internet, Legal/Accounting, Maintenance Grounds, Other, Pest Control, Pool(s), Sewer, See Remarks, Security, Trash, Water

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Lot Features: Waterfront
  • Zoning Description: Resid Multi-Family

Rental Info

  • Furnished: Furnished

Multi Family

  • Number Of Units In Community: 263

Tax Info

  • Tax Annual Amount: 3423.0
  • Tax Year: 2016

MLS Schools

  • Elementary School: Patronis
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 15, 2019
Sold by
Shawin Joseph Kent
Bought by
Shaw Joseph K
Current Estimated Value
$627,987

Purchase Details

Listed on
Oct 21, 2017
Closed on
Jan 31, 2018
Sold by
Bladen Kenneth R and Bladen Margaret R
Bought by
Shaw Joseph K
Seller's Agent
Ivanette Free
Jim Free Realty LLC
Buyer's Agent
Cindy Armstrong
Prudential Shimmering Sands Realty Inc
List Price
$370,000
Sold Price
$350,000
Premium/Discount to List
-$20,000
-5.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.03%
Interest Rate
4.15%
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Shaw Joseph K -- Attorney
Shaw Joseph K $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Shaw Joseph K --
Previous Owner Bladen Kenneth R $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/28/2022 11/28/22 Off Market $350,000 -- --
01/31/2018 01/31/18 Sold $350,000 -5.4% $255 / Sq Ft
12/16/2017 12/16/17 Pending -- -- --
10/21/2017 10/21/17 For Sale $370,000 -- $270 / 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
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

  • Ivanette Free

    Seller's Agent in 2018

    Ivanette Free

    Jim Free Realty LLC

    (850) 890-9250

    61 in this area

    97 Total Sales

    Ivanette Free
    Section Image

  • A

    Seller Co-Listing Agent in 2018

    Abbi Ratliff

    Jim Free Realty LLC

  • C

    Buyer's Agent in 2018

    Cindy Armstrong

    Prudential Shimmering Sands Realty Inc

  • Cindy Armstrong Karr

    Buyer's Agent in 2018

    Cindy Armstrong Karr

    Berkshire Hathaway HomeServices Beach Properties of Florida

    (850) 303-3477

    12 in this area

    57 Total Sales

    Cindy Armstrong Karr
    Section Image
See All Agents

About Treasure Island

Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 664443

Central Panhandle Association of REALTORS®

APN: 31437-154-000

Florida Bay County Panama City 32408

5004 Thomas Dr Unit 507, Panama City, FL

This home is located at 5004 Thomas Dr Unit 507, Panama City, FL 32408 since 21 October 2017 and is currently estimated at $627,987, approximately $458 per square foot. This property was built in 2005. 5004 Thomas Dr Unit 507 is a home located in Bay County with nearby schools including Surfside Middle School, J.R. Arnold High School, and Patronis Elementary School.

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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