5004 Thomas Drive 1712, Panama City, FL 32408
$924,000
Property Type:
Residential
Bedrooms:
3
Baths:
2
Square Footage:
1,950
Status:
Active
Current Price:
$924,000
List Date:
11/07/2025
Last Modified:
2/21/2026
Description
”The Captain’s Lodge” at Treasure Island: A Nautical Masterpiece & Investment Powerhouse
In a market full of identical condos, Unit 1712 at Treasure Island Resort stands alone. Known as ”The Captain’s Lodge,” this expansive 1,950 sq. ft. corner unit has been meticulously transformed into a moody, high-end nautical retreat that captures the imagination–and the highest rental premiums.
An Immersive Experience
From the moment you cross the threshold, you are transported. Walk through ”Blackbeard’s Hallway” into the Captain’s Lounge, featuring a professional-sized pool table, vintage dart board, and a custom bar setup. The Master Suite offers ”Titanic-inspired” luxury with floor-to-ceiling windows that make you feel like you’re floating above the emerald waters of the Gulf.
Designed for Maximum Occupancy
While many 3-bedroom condos feel cramped, this 17th-floor end unit utilizes a clever layout to sleep up to 10 guests comfortably. The ”West Wing” features thematic guest rooms–The Parrot’s Port and The First Mate’s Hideaway–each offering sweeping views of the Grand Lagoon.
Unbeatable Resort Amenities
Treasure Island is the ”Quiet End” crown jewel of Thomas Drive. Owners and guests enjoy:
Direct Beach Access and a massive heated Gulf-front pool.
On-Site Dining at Liza’s Munchies (poolside).
Location: Walking distance to the legendary Schooners and minutes from St. Andrews State Park.
Convenience: Covered parking, high-speed elevators, and a pet-friendly policy for owners.
The Investor Edge
Themed rentals are the top performers in the 2026 short-term rental market. By offering a ”destination within a destination,” The Captain’s Lodge reduces vacancy rates and drives higher ADR (Average Daily Rate) than standard units.
More Information MLS# 781347
Listing Info, Tax and Legal
HOA Fee: Yes
HOA Amount: 2987.82
HOA Frequency: Quarterly
HOA Annual Amount: 11951.28
New Buyer Fee: No
Last Taxes: 10749
Last Tax Year: 2024
Brokerage Interest: No Interest
As Is: Yes
Condo Doc: Yes
Contract Info
List Price/SqFt: 473.85
Status: Active
List Date: 2025-11-07
List Price: $924,000
Current Price: $924,000
Location
Unit #: 1712
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: When coming from the Hathaway Bridge, Treasure Island will be on the left after initial right turn onto south end of Thomas Drive.
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: 31437-291-000
Legal Description: TREASURE ISLAND RESORT,A CONDO UNIT 1712 TYPE A ORB 2633 P 1849 3BR/2BA ORB 4164 P 48 1950 H&C
General Property Info
Floor Number: 17
Design: High-Rise (8+ floors)
Apx SqFt(Htd/Cooled): 1950
Construction Status: Construction Complete
SqFt Source: Prop App Site
# of Stories in Building: 23
Lot Dimensions: 0x0
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: ”The Captain’s Lodge” at Treasure Island: A Nautical Masterpiece & Investment Powerhouse
In a market full of identical condos, Unit 1712 at Treasure Island Resort stands alone. Known as ”The Captain’s Lodge,” this expansive 1,950 sq. ft. corner unit has been meticulously transformed into a moody, high-end nautical retreat that captures the imagination–and the highest rental premiums.
An Immersive Experience
From the moment you cross the threshold, you are transported. Walk through ”Blackbeard’s Hallway” into the Captain’s Lounge, featuring a professional-sized pool table, vintage dart board, and a custom bar setup. The Master Suite offers ”Titanic-inspired” luxury with floor-to-ceiling windows that make you feel like you’re floating above the emerald waters of the Gulf.
Designed for Maximum Occupancy
While many 3-bedroom condos feel cramped, this 17th-floor end unit utilizes a clever layout to sleep up to 10 guests comfortably. The ”West Wing” features thematic guest rooms–The Parrot’s Port and The First Mate’s Hideaway–each offering sweeping views of the Grand Lagoon.
Unbeatable Resort Amenities
Treasure Island is the ”Quiet End” crown jewel of Thomas Drive. Owners and guests enjoy:
Direct Beach Access and a massive heated Gulf-front pool.
On-Site Dining at Liza’s Munchies (poolside).
Location: Walking distance to the legendary Schooners and minutes from St. Andrews State Park.
Convenience: Covered parking, high-speed elevators, and a pet-friendly policy for owners.
The Investor Edge
Themed rentals are the top performers in the 2026 short-term rental market. By offering a ”destination within a destination,” The Captain’s Lodge reduces vacancy rates and drives higher ADR (Average Daily Rate) than standard units.
Master Bathroom
First: 1
Pool Features
Heated – Electric: 1
Inground: 1
Appliances
Cooktop – Electric: 1
Dishwasher: 1
Dryer: 1
Microwave: 1
Oven – Electric: 1
Range – Electric: 1
Washer: 1
Water Heater – Electric: 1
Interior Features
Elevator: 1
Floor – Tile: 1
Kitchen Island: 1
Lighting – Recessed: 1
Lock Out Closet: 1
Pantry: 1
Plantation Shutters: 1
Window – Treatment All: 1
Construction/Siding
Concrete: 1
Siding – Stucco: 1
Exterior
Balcony: 1
Deck Covered: 1
Patio Covered: 1
Association Fees Include
Accounting: 1
BBQ Pit/Grill: 1
Beach: 1
Dumpster: 1
Exercise Room: 1
Ground Keeping: 1
Internet-WiFi: 1
Management: 1
Master Association: 1
Pavilion/Gazebo: 1
Picnic Area: 1
Pool: 1
Recreational Faclty: 1
Sewer: 1
Trash Disposal: 1
TV Cable: 1
Water: 1
Whirlpool: 1
Furnished
Furnished: 1
Interior
Floor – Carpet: 1
Kitchen
First: 1
Living Room
First: 1
Lot Access
City Street: 1
County Road: 1
Parking Features
Assigned: 1
Community Structure: 1
Deeded: 1
Garage Attached: 1
Mstr Bath / Mstr Bdrm
MBath Double Vanity: 1
MBath Walk-In Closet: 1
MBed Balcony: 1
MBed First Floor: 1
MBed Sitting Area: 1
MBed Walk-in Closet: 1
MBed Waterfront: 1
Present Zoning
Resort: 1
Association Amenities
BBQ Pit/Grill: 1
Beach: 1
Community Room: 1
Conference Center: 1
Dumpster: 1
Elevators: 1
Exercise Room: 1
Pavilion/Gazebo: 1
Picnic Area: 1
Pool: 1
Waterfront: 1
Whirlpool: 1
Dog Park: 1
Recreation Facilities: 1
Sidewalks: 1
Rooms
Kitchen: 1
Living Room: 1
Master Bathroom: 1
Utilities
TV Cable: 1
Electricity – Connected: 1
Internet – Broadband Available: 1
Public Sewer – Connected: 1
Public Water – Connected: 1
Waterview
Gulf: 1
Sale Type
As Is: 1
Waterfront Type
Gulf: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Heating
Central: 1
Security Features
Smoke Detector(s): 1
Property Features
Appliances: Cooktop – Electric; Dishwasher; Dryer; Microwave; Oven – Electric; Range – Electric; Washer; Water Heater – Electric
Cooling: Ceiling Fan(s); Central Air
Heating: Central
Exterior: Balcony; Deck Covered; Patio Covered
Association Fees Include: Accounting; BBQ Pit/Grill; Beach; TV Cable; Dumpster; Exercise Room; Internet-WiFi; Ground Keeping; Management; Master Association; Pavilion/Gazebo; Picnic Area; Pool; Recreational Faclty; Sewer; Whirlpool; Trash Disposal; Water
Furnished: Furnished
Interior: Floor – Carpet
Kitchen: First
Living Room: First
Lot Access: City Street; County Road
Master Bathroom: First
Pool Features: Heated – Electric; Inground
Security Features: Smoke Detector(s)
Parking Features: Assigned; Community Structure; Deeded; Garage Attached
Association Amenities: BBQ Pit/Grill; Beach; Community Room; Dog Park; Dumpster; Elevators; Exercise Room; Conference Center; Pavilion/Gazebo; Picnic Area; Pool; Recreation Facilities; Sidewalks; Whirlpool; Waterfront
Rooms: Kitchen; Living Room; Master Bathroom
Sale Type: As Is
Utilities: TV Cable; Electricity – Connected; Internet – Broadband Available; Public Sewer – Connected; Public Water – Connected
Waterfront Type: Gulf
Waterview: Gulf
Present Zoning: Resort
Room Information
Master Bathroom
Level: First
Dimensions: 15 x 14
Length: 15.00
Width: 14.00
Dimensions: 15 x 14
Living Room
Level: First
Dimensions: 25 x 15
Length: 25.00
Width: 15.00
Dimensions: 25 x 15
Kitchen
Level: First
Dimensions: 15 x 14
Length: 15.00
Width: 14.00
Dimensions: 15 x 14
Listing Office:
Christies International Real Estate Emerald Coast
Last Updated: February – 21 – 2026
Information deemed reliable but not guaranteed.