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.