NOT LISTED FOR SALE

Treasure Island 5004 Thomas Dr Unit 706 Panama City, FL 32408

Estimated Value: $603,000 - $655,000

2 Beds
2 Baths
1,370 Sq Ft
$858/mo HOA Fee

Last Sold August 16, 2024

Last sale price $615,000 $449 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,734/month

Highlights

  • Beach
  • Property fronts gulf or ocean
  • Furnished
  • J.R. Arnold High School Rated A-
  • Clubhouse
  • Community Pool

About This Home

As of August 2024

This property has sold! Discover similar listings by reaching out to us for an updated list of available properties that match your preferences.. Enjoy stunning views down the entire coastline to the west from the spacious balcony at this beautiful 2BR/2BA+BUNKS at Treasure Island in Panama City Beach. This wonderful condo is on the 7th floor so it is very easy to access from the parking garage...no elevators needed! It is offered fully-furnished and ready to rent or enjoy. Added bonus: the owners are in the process of upgrading the floors in the bedrooms and the current asking price includes those upgrades. Make it a point to see this excellent condo today.

Last Agent to Sell the Property

Duran Group

Berkshire Hathaway HomeServices Beach Properties of Florida Listed on: 07/01/2024

Last Buyer's Agent

Beth Mulvey

Counts Real Estate Group Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,182

Year Built

  • Built in 2005

Lot Details

  • 87

HOA Fees

  • $858 Monthly HOA Fees

Interior Spaces

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

Kitchen

  • 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
  • Heating Available
  • Electric Water Heater
  • Cable TV Available

Additional Features

Community Details

Overview

  • Association fees include pest control, sewer, trash, water
  • High-Rise Condominium
  • Treasure Island Subdivision

Amenities

  • Elevator

Recreation

  • Beach

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,182

Year Built

Built in 2005

Lot Details

0

HOA Fees

$858 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: 7
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour

Interior Features

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

Exterior Features

  • Pool Features: Community
  • View: Gulf
  • View: Yes
  • Waterfront Features: Gulf, Shoreline - Sand
  • Waterfront: Yes
  • Construction Type: Concrete
  • Exterior Features: Built-in Barbecue, Balcony
  • Patio And Porch Features: Balcony

Garage/Parking

  • Garage: No

Utilities

  • Utilities: Cable Available, Electricity Connected
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 2575.0
  • Community Features: Beach, Clubhouse, Elevator, Fitness Center, Pool, Short Term Rental Allowed, Waterfront
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Fee Information

  • Association Fee Includes: Pest Control, Sewer, Trash, Water

Schools

  • Middle Or Junior School: Surfside

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Annual Amount: 6182.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: Patronis
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2024
Closed on
Aug 16, 2024
Sold by
Hagan Larry D and Hagan Marilyn L
Bought by
Freeman Danny W and Freeman Suzanne M
Seller's Agent
Duran Group
Berkshire Hathaway HomeServices Beach Properties of Florida
Buyer's Agent
Beth Mulvey
Counts Real Estate Group Inc
List Price
$639,000
Sold Price
$615,000
Premium/Discount to List
-$24,000
-3.76%
Views
3
Current Estimated Value
$621,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,594
Avg. Annual Appreciation
1.03%
Original Mortgage
$307,500
Outstanding Balance
$304,617
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$316,977

Purchase Details

Listed on
May 27, 2013
Closed on
Aug 16, 2013
Sold by
Senior Select Of Georgia Inc
Bought by
Hagan Larry D and Hagan Marilyn L
Seller's Agent
Ivanette Free
Jim Free Realty LLC
Buyer's Agent
Jan Lambert
Coldwell Banker United Realtor
List Price
$310,000
Sold Price
$285,000
Premium/Discount to List
-$25,000
-8.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.24%

Purchase Details

Closed on
Sep 27, 2006
Sold by
Brum Bryan M
Bought by
Senior Select Of Georgia Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.48%
Mortgage Type
Balloon
Source: Public Records

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
Freeman Danny W $615,000 None Listed On Document
Hagan Larry D $285,000 Dba Bay County Land & Abstra
Senior Select Of Georgia Inc $399,900 Northwest Florida Title Serv
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Freeman Danny W $307,500
Previous Owner Senior Select Of Georgia Inc $187,692
Previous Owner Senior Select Of Georgia Inc $360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2024 08/16/24 Sold $615,000 -3.8% $449 / Sq Ft
07/10/2024 07/10/24 For Sale $639,000 +124.2% $466 / Sq Ft
06/20/2022 06/20/22 Off Market $285,000 -- --
08/20/2013 08/20/13 Sold $285,000 -8.1% $208 / Sq Ft
08/03/2013 08/03/13 Pending -- -- --
05/27/2013 05/27/13 For Sale $310,000 -- $226 / 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 $4,069 $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 $3,361 $251,600 $0 $0
2014 $3,233 $242,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2024

    Duran Group

    Berkshire Hathaway HomeServices Beach Properties of Florida

  • Beth Mulvey

    Buyer's Agent in 2024

    Beth Mulvey

    Counts Real Estate Group Inc

    (256) 566-5482

    18 in this area

    149 Total Sales

    Beth Mulvey
    Section Image
  • Ivanette Free

    Seller's Agent in 2013

    Ivanette Free

    Jim Free Realty LLC

    (850) 890-9250

    60 in this area

    96 Total Sales

    Ivanette Free
    Section Image

  • J

    Buyer's Agent in 2013

    Jan Lambert

    Coldwell Banker United Realtor

  • J

    Buyer's Agent in 2013

    Jan Mitchell

    Coldwell Banker Realty

See All Agents

About Treasure Island

Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 759700

Central Panhandle Association of REALTORS®

APN: 31437-177-000

Florida Bay County Panama City 32408

5004 Thomas Dr Unit 706, Panama City, FL

This home is located at 5004 Thomas Dr Unit 706, Panama City, FL 32408 since 01 July 2024 and is currently estimated at $621,594, approximately $453 per square foot. This property was built in 2005. 5004 Thomas Dr Unit 706 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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