5004 Thomas Drive #112, Panama City, FL 32408
Local realty services provided by:Better Homes and Gardens Real Estate Historic
5004 Thomas Drive #112,Panama City, FL 32408
$899,000
- 3 Beds
- 2 Baths
- 1,950 sq. ft.
- Condominium
- Active
Listed by: mary l tisdale
Office: keller williams realty emerald
MLS#:786905
Source:FL_BCMLS
Price summary
- Price:$899,000
- Price per sq. ft.:$461.03
About this home
HOA's are going DOWN on this rarely available--walk straight from your condo to the pool and beach beyond with this ground-floor Gulf-front coastal retreat.
Located on the highly desirable east end of Panama City Beach, this rare ground-floor, 3-bedroom, 3-bath residence at Treasure Island Resort offers direct walk-out access to the pool and Gulf--no elevators, no waiting, just effortless coastal living.
Spanning nearly 2,000 sq ft, this spacious floor plan is designed for comfort and gathering, featuring a Gulf-front primary bedroom with beautiful water views and direct access to the patio. The open living and dining areas are filled with natural light and showcase the Gulf, creating a relaxed and inviting beachside retreat.
Three-bedroom units are limited within the building, and ground-floor availability is exceptionally rare--making this a unique opportunity. Offered in turnkey condition, this property is well-suited for both personal use and vacation rental.
Rental Potential:
Highly desirable features for vacation guests include ground-floor convenience, a large 3-bedroom layout, and immediate access to the pool and beach--supporting strong occupancy and rental appeal.
Prime East End Location:
Within walking distance to St. Andrews State Park and just minutes to Shell Island, public boat ramps, marinas, and popular waterfront dining. Enjoy a quieter stretch of beach while remaining close to everything Panama City Beach has to offer.
Key Features:
Rare ground-floor Gulf-front location
Direct walk-out to pool and beach--no elevators required
Spacious 3-bedroom, 3-bath layout
Nearly 2,000 sq ft of living space
Gulf-front primary bedroom with water views and patio access
Open-concept living and dining areas with abundant natural light
Newly painted throughout
Turnkey condition--well maintained and move-in or rental ready
Strong vacation rental potential
Located on the desirable east end of Panama City Beach
Walking distance to St. Andrews State Park
Minutes to Shell Island, boat ramps, marinas, and waterfront dining
A rare combination of location, convenience, Gulf-front views, and spacious design.
All information deemed reliable but not guaranteed. Buyer to verify....
Contact an agent
Home facts
- Year built:2005
- Listing ID #:786905
- Added:9 day(s) ago
- Updated:March 24, 2026 at 09:42 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:6
- Kitchen Description:Electric Range, Electric Water Heater
- Living area:1,950 sq. ft.
Heating and cooling
- Cooling:CeilingFans, CentralAir
- Heating:Central
- Central air:Yes
Structure and exterior
- Year built:2005
- Building area:1,950 sq. ft.
- Architectural Style:High Rise
- Exterior Features:Outdoor Shower, Patio
Schools
- High school:Arnold
- Middle school:Surfside
- Elementary school:Patronis
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$899,000
- Price per sq. ft.:$461.03
- Tax amount:$10,699 (2025)
Features and amenities
- Laundry features:Washer Dryer Stacked
- Amenities:Beach Rights, ElectricRange, ElectricWaterHeater, Gated, Picnic Area, WasherDryerStacked
- Pool features:Community, InGround
Parking
- Parking description:Additional Parking
- Garage:Yes
- Garage spaces:1
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