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
…
(Read more)
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!
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.