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.