$515,000
SOLD APR 5, 2013

Treasure Island 5004 Thomas Dr Unit 712 Panama City, FL 32408

3 Beds
2 Baths
1,950 Sq Ft
87 Sq Ft Lot

Recently Sold

$264 Per Sq Ft

18% Below List Price

250 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Heated In Ground Pool
  • Clubhouse
  • J.R. Arnold High School Rated A-
  • Fishing
  • Furnished

About This Home

As of March 2024

The interior of this 7th floor unit boasts 9' ceilings, crown molding, granite countertops, ceramic tile. This unit is loaded with upgrades including exrta crown molding in master bedroom, This complex has possibly the best view of the entire beach. This West end unit has a wrap around balcony, with a panoramic view of the Gulf, Bay, and Lagoon. You can watch the ships and fishing fleet as they go through the pass. The complex is oriented on the beach in such a way that give you a full view of the west and east beaches. This unit has granite counter tops, cultured marble vanity tops. The unit has full-length windows on the front and side. All three bedrooms open to the balcony. The complex is within walking distance of several restaurants and a beach club. The complex features a

Last Agent to Sell the Property

Ivanette Free

Jim Free Realty LLC License #0554791 Listed on: 07/07/2012

Last Buyer's Agent

Linda Shaw

RealJoy Properties LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,466

Year Built

  • Built in 2005

Lot Details

  • Property fronts a county road
  • Sprinkler System

Parking

  • 2 Car Garage
  • Assigned Parking

Property Views

Home Design

  • Pillar, Post or Pier Foundation

Interior Spaces

  • 1,950 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Great Room
  • Dining Room

Kitchen

  • Breakfast Bar
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Pool

  • Heated In Ground Pool
  • Fence Around Pool

Outdoor Features

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

Overview

  • No Home Owners Association
  • Association fees include management, clubhouse, cable TV, legal/accounting, ground maintenance, pest control, pool(s), sewer, security, trash, water
  • High-Rise Condominium
  • Treasure Island Resort Subdivision

Amenities

  • Elevator

Recreation

  • Fishing

Security

  • Security Service
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,466

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • Property Sub Type: Condominium
  • Lot Size: CONDO
  • Road Frontage Type: County Road
  • Subdivision Name: Treasure Island Resort
  • Architectural Style: High Rise
  • Unit Levels: Three Or More
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Washer
  • Interior Amenities: Breakfast Bar, Elevator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1950.0
  • Dining Room Type: Bedroom, Dining Room, Great Room, Primary Bedroom
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Pool Features: Fenced, Gas Heat, In Ground, Pool
  • View: Gulf, Lagoon
  • View: Yes
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Exterior Features: Balcony, Sprinkler/Irrigation, Pool
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Balcony

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Assigned, Covered, Garage
  • Garage: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Other, Phone Connected, Sewer Connected, Trash Collection, Water Connected
  • Security Features: Fire Alarm, Smoke Detector(s), Security Service
  • Cooling: Central Air, Electric
  • Heating: Central, Electric
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Clubhouse, Elevator, Fitness Center, Fishing, Other, See Remarks
  • Association: No

Fee Information

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

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Zoning Description: Resid Multi-Family

Rental Info

  • Furnished: Furnished

MLS Schools

  • Elementary School: Patronis
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2022
Closed on
Mar 8, 2024
Sold by
Mcneel Bartley and Mcneel Diane
Bought by
Holmes Roger C and Holmes Shawn M
Seller's Agent
Ivanette Free
Jim Free Realty LLC
Buyer's Agent
Gabriel Stephani
The Heron Group LLC
List Price
$1,189,877
Sold Price
$1,020,000
Premium/Discount to List
-$169,877
-14.28%
Views
95
Current Estimated Value
$992,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$27,185
Avg. Annual Appreciation
-1.77%

Purchase Details

Listed on
Jul 20, 2015
Closed on
Apr 14, 2016
Sold by
Holmes Roger and Holmes Shawn
Bought by
Mcneel Bartley and Mcneel Diane
Seller's Agent
Gabriel Stephani
Pineapple Properties
Buyer's Agent
Reba Hanson
Akins & Assoc.
List Price
$699,900
Sold Price
$565,000
Premium/Discount to List
-$134,900
-19.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.76%
Original Mortgage
$235,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jul 7, 2012
Closed on
Apr 5, 2013
Sold by
Adcock Carolyn F and Adcock David E
Bought by
Holmes Roger and Holmes Shawn
Seller's Agent
Ivanette Free
Jim Free Realty LLC
Buyer's Agent
Linda Shaw
RealJoy Properties LLC
List Price
$625,000
Sold Price
$515,000
Premium/Discount to List
-$110,000
-17.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.11%
Original Mortgage
$337,500
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2006
Sold by
Corea Luciano and Corea Paula
Bought by
Adcock Carolyn F and Adcock David E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$728,000
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac
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 Type Sale Price Title Company
Warranty Deed $1,020,000 None Listed On Document
Warranty Deed $565,000 Mti Title Ins Agency Inc
Warranty Deed $515,000 Dba Bay County Land & Abstra
Warranty Deed $910,000 Diamond Title Agency Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $235,000 Adjustable Rate Mortgage/ARM
Previous Owner $337,500 New Conventional
Previous Owner $728,000 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2024 03/08/24 Sold $1,020,000 -7.1% $523 / Sq Ft
02/08/2024 02/08/24 Pending -- -- --
04/24/2023 04/24/23 Price Changed $1,098,000 +9.8% $563 / Sq Ft
04/20/2023 04/20/23 Price Changed $1,000,000 -16.0% $513 / Sq Ft
04/06/2023 04/06/23 For Sale $1,189,877 0.0% $610 / Sq Ft
02/06/2023 02/06/23 Pending -- -- --
11/09/2022 11/09/22 Off Market $1,189,877 -- --
07/05/2022 07/05/22 Off Market $565,000 -- --
06/20/2022 06/20/22 Off Market $515,000 -- --
04/11/2022 04/11/22 For Sale $1,189,877 +16.7% $610 / Sq Ft
04/04/2022 04/04/22 Off Market $1,020,000 -- --
03/26/2022 03/26/22 For Sale $1,069,877 +89.4% $549 / Sq Ft
04/15/2016 04/15/16 Sold $565,000 -19.3% $290 / Sq Ft
02/17/2016 02/17/16 Pending -- -- --
07/20/2015 07/20/15 For Sale $699,900 +35.9% $359 / Sq Ft
04/05/2013 04/05/13 Sold $515,000 -17.6% $264 / Sq Ft
03/14/2013 03/14/13 Pending -- -- --
07/07/2012 07/07/12 For Sale $625,000 -- $321 / 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 $10,466 $766,490 -- --
2023 $10,466 $696,809 $0 $1,009,375
2022 $8,091 $633,463 $0 $0
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 $6,143 $462,400 $0 $0
2014 $5,642 $425,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ivanette Free

    Seller's Agent in 2024

    Ivanette Free

    Jim Free Realty LLC

    (850) 890-9250

    60 in this area

    95 Total Sales

    Ivanette Free
    Section Image
  • Melisa Caporella

    Seller Co-Listing Agent in 2024

    Melisa Caporella

    Jim Free Realty LLC

    (404) 317-2460

    7 in this area

    39 Total Sales

    Melisa Caporella
    Section Image

  • G

    Buyer's Agent in 2024

    Gabriel Stephani

    The Heron Group LLC

  • R

    Buyer's Agent in 2016

    Reba Hanson

    Akins & Assoc.

  • L

    Buyer's Agent in 2013

    Linda Shaw

    RealJoy Properties LLC

See All Agents

About Treasure Island

Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 600288

Central Panhandle Association of REALTORS®

APN: 31437-183-000

Florida Bay County Panama City 32408

5004 Thomas Dr Unit 712, Panama City, FL

This home is located at 5004 Thomas Dr Unit 712, Panama City, FL 32408 and is currently priced at $515,000, approximately $264 per square foot. This property was built in 2005. 5004 Thomas Dr Unit 712 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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