NOT LISTED FOR SALE

Treasure Island 5004 Thomas Dr Unit 605 Panama City, FL 32408

Estimated Value: $620,260 - $669,000

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

Last Sold July 15, 2022

Last sale price $702,000 $512 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $4,591/month

59 Days on Market

Highlights

  • Beach
  • Property fronts gulf or ocean
  • Community Pool
  • Patronis Elementary School Rated A-
  • Furnished
  • Elevator

About This Home

As of July 2022

CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACKUP OFFERS Enjoy easy access to your stunning gulf front condo since this beautiful unit is located on the same level as the garage. Park just steps away from the front door for easy loading/unloading while avoiding elevators all together. Featuring a larger layout than most 2BR condos, this gorgeous 2BR/2BA+BUNKS boasts large rooms, a huge balcony and views down the ENTIRE COAST to the west. This unit has not been a rental recently so is in excellent condition and is being offered fully-furnished and ready to enjoy. Treasure Island IS a popular rental complex so you can turn this into a short-term rental very easily if you want to. Owners and guests enjoy the use of a beautiful gulf-front pool, gulf-front hot tub, gulf view fitness room, l

Last Listed By

Craig Duran

Berkshire Hathaway HomeServices Beach Properties of Florida License #3050909 Listed on: 04/20/2022

Berkshire Hathaway HomeServices Beach Properties of Florida

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,270

Year Built

  • Built in 2005

Lot Details

  • 87

HOA Fees

  • $407 Monthly HOA Fees

Home Design

  • Stucco

Interior Spaces

  • 1,370 Sq Ft Home
  • Furnished
  • Ceiling Fan

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • Central Air
  • Electric Water Heater

Additional Features

Community Details

Overview

  • Association fees include cable TV, legal/accounting, ground maintenance, sewer, trash, water
  • High-Rise Condominium
  • Treasure Island Subdivision

Amenities

  • Elevator

Recreation

  • Beach

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,270

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
  • Subdivision Name: Treasure Island
  • Architectural Style: High Rise
  • Entry Level: 6
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

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

Exterior Features

  • Pool Features: Community
  • Waterfront Features: Gulf, Waterfront
  • Waterfront: Yes
  • Construction Type: Concrete, Stucco
  • Exterior Features: Balcony
  • Patio And Porch Features: Balcony

Garage/Parking

  • Garage: No

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes

Condo/Co-op/Association

  • Association Fee: 1219.88
  • Community Features: Beach, Elevator, Fitness Center, Other, Pool, See Remarks, Short Term Rental Allowed, Waterfront
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Fee Information

  • Association Fee Includes: Cable TV, Legal/Accounting, Maintenance Grounds, Sewer, Trash, Water

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Lot Features: Waterfront

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Annual Amount: 4270.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Patronis
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 14, 2023
Sold by
Castor Family Revocable Living Trust
Bought by
Castor Family Revocable Living Trust
Total Days on Market
59
Current Estimated Value
$640,065

Purchase Details

Listed on
Apr 20, 2022
Closed on
Jul 15, 2022
Sold by
Mark Turner Joel and Mark Kay R
Bought by
Castor Family Revocable Living Trust
Seller's Agent
Craig Duran
Berkshire Hathaway HomeServices Beach Properties of Florida
Buyer's Agent
Beach Billy Seeberger
CENTURY 21 AllPoints Realty
List Price
$709,000
Sold Price
$702,000
Premium/Discount to List
-$7,000
-0.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.36%

Purchase Details

Closed on
Jun 30, 2011
Sold by
Wood Jerry W
Bought by
Turner Joel Mark and Turner Kay R

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
Castor Family Revocable Living Trust -- --
Castor Family Revocable Living Trust $702,000 Runnels L
Turner Joel Mark $258,000 Diamond Title Agency Inc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2022 10/16/22 Off Market $702,000 -- --
07/15/2022 07/15/22 Sold $702,000 -1.3% $512 / Sq Ft
06/15/2022 06/15/22 Price Changed $711,000 +0.3% $519 / Sq Ft
04/21/2022 04/21/22 For Sale $709,000 -- $518 / 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 $7,213 $573,750 -- $573,750
2023 $7,213 $573,750 $0 $573,750
2022 $5,106 $388,025 $0 $0
2021 $4,270 $352,750 $0 $352,750
2020 $4,069 $335,750 $0 $335,750
2019 $3,779 $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

  • Craig Duran

    Seller's Agent in 2022

    Craig Duran

    Berkshire Hathaway HomeServices Beach Properties of Florida

    (850) 290-0417

    19 in this area

    239 Total Sales

    Craig Duran
    Section Image
  • Beach Billy Seeberger

    Buyer's Agent in 2022

    Beach Billy Seeberger

    CENTURY 21 AllPoints Realty

    (850) 238-5465

    6 in this area

    46 Total Sales

    Beach Billy Seeberger
    Section Image
See All Agents

About Treasure Island

Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 725407

Central Panhandle Association of REALTORS®

APN: 31437-164-000

Florida Bay County Panama City 32408

5004 Thomas Dr Unit 605, Panama City, FL

Homes for Sale in Panama City, FL

This home is located at 5004 Thomas Dr Unit 605, Panama City, FL 32408 since 20 April 2022 and is currently estimated at $640,065, approximately $467 per square foot. This property was built in 2005. 5004 Thomas Dr Unit 605 is a home located in Bay County with nearby schools including Patronis Elementary School, J.R. Arnold High School, and Surfside Middle 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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