5004 Thomas Drive 2005, Panama City Beach, FL 32408

$579,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,370 Status: Under Contract – Taking Backups
Current Price: $579,000 List Date: 5/15/2026 Last Modified: 6/01/2026

Overview

Description

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. Direct gulf-front living in Panama City Beach's Treasure Island with wide, unobstructed water views, an oversized 270 sq ft balcony, and a layout designed for effortless coastal living and strong short-term rental appeal. Inside, bright, airy interiors are enhanced by durable luxury plank flooring throughout, creating a cohesive, low-maintenance finish. The open-concept layout connects kitchen, dining, and living areas, all oriented toward the beach for uninterrupted natural light and views. The kitchen is designed for function and ease, featuring a large granite breakfast bar and stainless appliances including a new dishwasher (2022) and refrigerator (2025). A dedicated laundry room adds convenience with a new washer and dryer (2025). The gulf-front primary suite offers a relaxed retreat with a new king bed (2024), ensuite bath with dual vanities, walk-in shower, and generous closet space, plus direct balcony acces

Listing Details MLS# 789909

Contract Info

List Price/SqFt
422.63

Location

Area
03 – Bay County – Beach
Street #
5004
Street Name
Thomas
Street Suffix
Drive
Unit #
2005
State
FL
Zip Code
32408
County
Bay
Sub Area
0323 – Beach – South of Grand Lagoon
Subdivision
Treasure Island Resort
Community/Resort
None
Waterfront
Yes
Gulf Access
Yes
Parcel ID
31437-320-000
Elementary School
Patronis
Middle School
Surfside
High School
Arnold
Directions
Located just east of Schooner's directly on the Gulf.
Legal Description
TREASURE ISLAND RESORT,A CONDO UNIT 2005 TYPE B ORB 2633 P 1849 2BR/2BA ORB 4582 P 2323 1370 H&C

General Property Info

Sub-Type
Condominium
Floor Number
20
Design
High-Rise (8+ floors)
Apx SqFt(Htd/Cooled)
1370
SqFt Source
Prop App Site
Full Baths
2
Total Baths
2
Year Built
2005
Construction Status
Construction Complete
New Construction
No
Garage Y/N
No
Lot Dimensions
Condo
Pool
Yes
Pool Type
Community

Status Change Info

Under Contract Date
2026-05-30

Listing Info, Tax and Legal

HOA Fee
Yes
HOA Amount
2094.21
HOA Frequency
Quarterly
HOA Annual Amount
8376.84
New Buyer Fee
No
Last Taxes
6697
Last Tax Year
2025
Brokerage Interest
No Interest
Condo Doc
Yes

Remarks & Misc

Remarks
CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. Direct gulf-front living in Panama City Beach's Treasure Island with wide, unobstructed water views, an oversized 270 sq ft balcony, and a layout designed for effortless coastal living and strong short-term rental appeal. Inside, bright, airy interiors are enhanced by durable luxury plank flooring throughout, creating a cohesive, low-maintenance finish. The open-concept layout connects kitchen, dining, and living areas, all oriented toward the beach for uninterrupted natural light and views. The kitchen is designed for function and ease, featuring a large granite breakfast bar and stainless appliances including a new dishwasher (2022) and refrigerator (2025). A dedicated laundry room adds convenience with a new washer and dryer (2025). The gulf-front primary suite offers a relaxed retreat with a new king bed (2024), ensuite bath with dual vanities, walk-in shower, and generous closet space, plus direct balcony access. The second bedroom is also ensuite for privacy, while built-in bunks add flexible sleeping capacity for guests. Treasure Island delivers resort-style amenities including a beachfront pool deck with a 120-ft heated pool, separate kiddie pool, shaded loungers and gazebos, direct beach access, gulf-view fitness center, game room, secure covered parking garage, seasonal beach service and on-site security. Located on the quieter east end of Thomas Drive near St. Andrews State Park, this stretch of Panama City Beach offers a more relaxed coastal setting while still being close to marinas, golf courses, waterfront dining, live entertainment, and local favorites like Schooners and Captain Anderson's. With some of the lowest HOA fees on the beach, this property delivers ease of ownership, strong guest appeal, and a premier gulf-front location in one of Panama City Beach's most consistently desirable communities. Schedule your private showing today!

More Information

Appliances

Dishwasher
Yes
Disposal
Yes
Dryer
Yes
Microwave
Yes
Oven – Electric
Yes
Range – Electric
Yes
Washer
Yes

Interior Features

Breakfast Bar
Yes
Ceiling – Raised
Yes

Construction/Siding

Concrete
Yes

Exterior

Balcony
Yes

Association Fees Include

Master Association
Yes
Sewer
Yes
Trash Disposal
Yes
TV Cable
Yes
Water
Yes

Furnished

Furnished
Yes

Interior

Bunk Hallway
Yes

Lot Features

Waterfront
Yes

Parking Features

Garage Detached
Yes

Mstr Bath / Mstr Bdrm

MBath Shower Only
Yes
MBed Waterfront
Yes

Association Amenities

Community Room
Yes
Elevators
Yes
Exercise Room
Yes
Pool
Yes
Waterfront
Yes
Whirlpool
Yes

Rooms

Bedroom
Yes
Master Bedroom
Yes

Showing

ShowingTime
Yes

Utilities

Electricity – Connected
Yes
Public Sewer – Connected
Yes
Public Water – Connected
Yes

Waterfront Type

Gulf
Yes

Master Bedroom

First
Yes

Bedroom

First
Yes

Cooling

Ceiling Fan(s)
Yes
Central Air
Yes
Electric
Yes

Heating

Electric
Yes

Property Features

Appliances: Dishwasher; Disposal; Dryer; Microwave; Oven – Electric; Range – Electric; Washer Master Bedroom: First Bedroom: First Cooling: Ceiling Fan(s); Central Air; Electric Heating: Electric Exterior: Balcony Association Fees Include: TV Cable; Master Association; Sewer; Trash Disposal; Water Furnished: Furnished Interior: Bunk Hallway Lot Features: Waterfront Parking Features: Garage Detached Association Amenities: Community Room; Elevators; Exercise Room; Pool; Whirlpool; Waterfront Rooms: Bedroom; Master Bedroom Showing: ShowingTime Utilities: Electricity – Connected; Public Sewer – Connected; Public Water – Connected Waterfront Type: Gulf

Room Information

Room Name Level Dimensions Length Width
Master Bedroom First 14 x 12 14.00 12.00
Bedroom First 12 x 11 12.00 11.00
Listing Office: Berkshire Hathaway HomeServices Beach Properties of Florida
Last Updated: June – 01 – 2026
Information deemed reliable but not guaranteed.