NOT LISTED FOR SALE

Treasure Island 5004 Thomas Dr Unit 512 Panama City, FL 32408

Estimated Value: $988,000 - $1,054,000

3 Beds
2 Baths
1,950 Sq Ft
$579/mo HOA Fee

Last Sold December 10, 2021

Last sale price $900,000 $462 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $7,297/month

65 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Furnished
  • High-Rise Condominium
  • Patronis Elementary School Rated A-
  • Living Room

About This Home

As of December 2021

East end gem located at Treasure Island Resort. Rare find as not many 3 bedrooms come available at Treasure Island. This 3 bedroom 2 bath unit is located on the west corner of the building with a wrap around balcony featuring full length windows perfect for evening sun sets. Boasting granite countertops, tiled floors throughout, marble vanities and more this unit is a durable vacation rental that stays booked. Treasure Island Resort was built in 2005 and is located near Saint Andrews State Park, multiple 5 star marinas, excellent dining/shopping options and much more. This unit features an assigned parking space in the parking garage. Perfect for a second home or vacation rental.

Last Listed By

Cain Mcneil

CENTURY 21 Commander Realty License #SL3358940 Listed on: 09/13/2021

CENTURY 21 Commander Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,660

Year Built

  • Built in 2005

Lot Details

HOA Fees

  • $579 Monthly HOA Fees

Interior Spaces

  • 1,950 Sq Ft Home
  • Furnished
  • Living Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

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

Community Details

  • Association fees include cable TV, legal/accounting, ground maintenance, pool(s), trash, water
  • High-Rise Condominium
  • Treasure Island Resort Subdivision

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,660

Year Built

Built in 2005

Lot Details

0

HOA Fees

$579 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • Property Sub Type: Condominium
  • Lot Size: CONDO
  • Subdivision Name: Treasure Island Resort
  • Architectural Style: High Rise
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1950.0
  • Dining Room Type: Bedroom, Living Room, Primary Bedroom
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Waterfront Features: Gulf
  • Waterfront: Yes

Garage/Parking

  • Garage: No

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected

Condo/Co-op/Association

  • Association Fee: 1736.4
  • Community Features: Short Term Rental Allowed
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Fee Information

  • Association Fee Includes: Cable TV, Legal/Accounting, Maintenance Grounds, Other, Pool(s), See Remarks, Trash, Water

Schools

  • Middle Or Junior School: Surfside

Rental Info

  • Furnished: Furnished

MLS Schools

  • Elementary School: Patronis
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 18, 2022
Sold by
Scott Gregory A
Bought by
Fabio 162 Revocable Trust
Total Days on Market
65
Current Estimated Value
$1,011,771

Purchase Details

Listed on
Jul 20, 2014
Closed on
Oct 9, 2015
Sold by
Urnezis Michael T and Noakes Edward B
Bought by
Davis Allison Claire
Seller's Agent
Carrie Routt
Keller Williams Success Realty
Buyer's Agent
Rebecca Barrow
bc.unknownoffice
List Price
$550,000
Sold Price
$545,000
Premium/Discount to List
-$5,000
-0.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.63%
Original Mortgage
$436,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 2008
Sold by
Treasure Island Condominium Inc
Bought by
Urnezis Michael T and Noakes Edward B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$522,500
Interest Rate
6.03%
Mortgage Type
Balloon

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Fabio 162 Revocable Trust -- Burg Wynn Pa
Davis Allison Claire $545,000 Attorney
Urnezis Michael T $550,000 Dba Bay County Land & Abstra
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fabio 162 Revocable Trust $700,000
Previous Owner Davis Allison Claire $436,000
Previous Owner Urnezis Michael T $522,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2023 01/22/23 Off Market $900,000 -- --
01/22/2023 01/22/23 Off Market $545,000 -- --
12/10/2021 12/10/21 Sold $900,000 -6.2% $462 / Sq Ft
11/17/2021 11/17/21 Pending -- -- --
09/13/2021 09/13/21 For Sale $959,000 +76.0% $492 / Sq Ft
10/09/2015 10/09/15 Sold $545,000 -0.9% $279 / Sq Ft
09/03/2015 09/03/15 Pending -- -- --
07/20/2014 07/20/14 For Sale $550,000 -- $282 / 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 $12,660 $1,009,375 -- $1,009,375
2023 $12,660 $1,009,375 $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

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 716708

Central Panhandle Association of REALTORS®

APN: 31437-159-000