5004 Thomas Drive 112, Panama City, FL 32408
New Listing
$899,000
Property Type:
Residential
Bedrooms:
3
Baths:
2
Square Footage:
1,950
Status:
Active
Current Price:
$899,000
List Date:
3/17/2026
Last Modified:
3/17/2026
Description
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.
More Information MLS# 786905
Listing Info, Tax and Legal
HOA Fee: Yes
HOA Amount: 2987.82
HOA Frequency: Quarterly
HOA Annual Amount: 11951.28
New Buyer Fee: Yes
Last Taxes: 10699
Last Tax Year: 2025
Brokerage Interest: No Interest
Condo Doc: Yes
Contract Info
List Price/SqFt: 461.03
Status: Active
List Date: 2026-03-17
List Price: $899,000
Current Price: $899,000
Location
Unit #: 112
Sub Area: 0323 – Beach – South of Grand Lagoon
Community/Resort: None
Waterfront: Yes
Gulf Access: Yes
Elementary School: Patronis
Middle School: Surfside
High School: Arnold
Directions: From Hathaway Bridge, left on Thomas Drive, complex is on the left just pas the big curve.
Area: 03 – Bay County – Beach
Street #: 5004
Street Name: Thomas
Street Suffix: Drive
State: FL
Zip Code: 32408
County: Bay
Subdivision: Treasure Island Resort
Parcel ID: 31437-111-000
Legal Description: TREASURE ISLAND RESORT,A CONDO UNIT 112 TYPE A ORB 2633 P 1849 3BR/2BA ORB 4382 P 222 1950 H&C
General Property Info
Floor Number: 18
Design: High-Rise (8+ floors)
Apx SqFt(Htd/Cooled): 1950
Construction Status: Construction Complete
SqFt Source: An Appraiser
Lot Dimensions: 0
New Construction: No
Garage Y/N: Yes
Garage Spaces: 1
Pool: Yes
Pool Type: Community
Sub-Type: Condominium
Bedrooms: 3
Full Baths: 2
Total Baths: 2
Year Built: 2005
Remarks & Misc
Remarks: 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.
Dining Room
First: 1
Pool Features
Inground: 1
Appliances
Dishwasher: 1
Disposal: 1
Range – Electric: 1
Refrigerator: 1
Washer/Dryer Stacked: 1
Water Heater – Electric: 1
Exterior
Built-in Barbecue/Grill: 1
Shower: 1
Patio Covered: 1
Association Fees Include
Accounting: 1
BBQ Pit/Grill: 1
Beach: 1
Dumpster: 1
Exercise Room: 1
Gated Community: 1
Ground Keeping: 1
Insurance: 1
Internet-WiFi: 1
Pest Control: 1
Picnic Area: 1
Pool: 1
Sewer: 1
Water: 1
Furnished
Furnished: 1
Kitchen
First: 1
Living Room
First: 1
Parking Features
Additional Parking: 1
Association Amenities
BBQ Pit/Grill: 1
Beach: 1
Boardwalk: 1
Dumpster: 1
Elevators: 1
Pavilion/Gazebo: 1
Picnic Area: 1
Pool: 1
Waterfront: 1
Other – See Remarks: 1
Rooms
Bedroom: 1
Dining Room: 1
Kitchen: 1
Living Room: 1
Master Bedroom: 1
Utilities
Electricity – Connected: 1
Internet – Broadband Available: 1
Public Sewer – Connected: 1
Waterview
Gulf: 1
Waterfront Type
Gulf: 1
Master Bedroom
First: 1
Bedroom
First: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Electric: 1
Heating
Central: 1
Security Features
24 Hour Security: 1
Property Features
Appliances: Dishwasher; Disposal; Range – Electric; Refrigerator; Washer/Dryer Stacked; Water Heater – Electric
Master Bedroom: First
Bedroom: First
Cooling: Ceiling Fan(s); Central Air; Electric
Heating: Central
Exterior: Built-in Barbecue/Grill; Shower; Patio Covered
Association Fees Include: Accounting; BBQ Pit/Grill; Beach; Dumpster; Exercise Room; Gated Community; Insurance; Internet-WiFi; Ground Keeping; Pest Control; Picnic Area; Pool; Sewer; Water
Furnished: Furnished
Kitchen: First
Living Room: First
Dining Room: First
Pool Features: Inground
Security Features: 24 Hour Security
Parking Features: Additional Parking
Association Amenities: BBQ Pit/Grill; Beach; Boardwalk; Dumpster; Elevators; Pavilion/Gazebo; Picnic Area; Pool; Waterfront; Other – See Remarks
Rooms: Bedroom; Dining Room; Kitchen; Living Room; Master Bedroom
Utilities: Electricity – Connected; Internet – Broadband Available; Public Sewer – Connected
Waterfront Type: Gulf
Waterview: Gulf
Room Information
Master Bedroom
Level: First
Dimensions: 15 x 14
Length: 15.00
Width: 14.00
Dimensions: 15 x 14
Bedroom
Level: First
Dimensions: 11 x 11
Length: 11.00
Width: 11.00
Dimensions: 11 x 11
Bedroom
Level: First
Dimensions: 11 x 10
Length: 11.00
Width: 10.00
Dimensions: 11 x 10
Kitchen
Level: First
Dimensions: 15 x 14
Length: 15.00
Width: 14.00
Dimensions: 15 x 14
Dining Room
Level: First
Dimensions: 13 x 10
Length: 13.00
Width: 10.00
Dimensions: 13 x 10
Living Room
Level: First
Dimensions: 25 x 25
Length: 25.00
Width: 25.00
Dimensions: 25 x 25
Listing Office:
Keller Williams Realty Emerald
Last Updated: March – 17 – 2026
Information deemed reliable but not guaranteed.