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About This Home

This 3-bedroom, 2-bathroom condo at 5004 Thomas Drive in Panama City, FL is listed for $915,000 ($469 per sqft). Built in 2005, the home offers 1,950 sqft of living space on a N/A lot.

Agent Description

3BR/2BA Gulf-front condo in Treasure Island, Panama City Beach. West-end corner unit with wraparound views. 1,950 SF, $930K, STR allowed. If Gulf views are a priority, this west-end corner unit at Treasure Island delivers one of the widest and most dynamic perspectives along Panama City Beach.

Located in a 23-story Gulf-front building, Unit 1212 is positioned to take advantage of the natural curve of the coastline, offering extended sightlines down the beach toward Walton County and even Sandestin on clear days. This is a 3-bedroom, 2-bath condominium with approximately 1,950 square feet, built in 2005, listed at $930,000, and short-term rentals are allowed.

The interior layout is designed around those views. As you enter, the unit opens into a main living, dining, and kitchen area where floor-to-ceiling windows frame the Gulf and bring in natural light throughout the day. The kitchen offers generous workspace with abundant cabinetry, a pantry, and a breakfast bar with seating.

A separate dining area and breakfast nook provide flexibility for everyday use or larger gatherings, consistent with the original design intent. Tile flooring runs throughout the unit for durability and ease of maintenance, and crown molding accents the main living areas.

The primary suite is positioned on the Gulf side with balcony access, a walk-in closet, and an oversized bathroom featuring double vanities and a walk-in shower. Two additional bedrooms each have their own balcony access and offer a combination of inland and water views.

A dedicated laundry room includes space for full-size washer and dryer along with additional storage and the water heater. The building includes secured garage parking with multiple levels, one assigned parking space and additional parking available. Monthly HOA dues of approximately $995 cover water, sewer, internet, cable, insurance, maintenance, security, and access to amenities.

Treasure Island amenities include a Gulf-front pool heated in cooler months, hot tubs, expansive sun decks, direct beach access, a fitness center, community spaces, and on-site management and rental services. The covered entrance allows for convenient loading and unloading in all weather conditions.

Located on Thomas Drive on the east end of Panama City Beach, this property offers proximity to local dining, marinas, shopping, and outdoor recreation. Public beach access, boating, and nearby state park amenities contribute to the overall usability of the location for both owners and guests.

COST TO OWN 2025 Electric Bill Average was $91 per month 2025 Homeowners Insurance was $762 year 2025 Property Taxes were $10,112 2026 Homeowners Association Condo Fee is $2,987.82 paid quarterly. ***The Baby Grand Piano Does NOT Convey with purchase of the unit***

Key Features

  • Built in 2005
  • Waterfront

Property Details

2 full
#1212
2005

Amenities

WaterfrontA/C

Monthly Cost Estimate

$4,894/mo

20% down · 6.5% · 30 years

Principal$662
Interest$3,965
Insurance$267

Estimates only. Actual payments may vary.

Location

5004 Thomas Drive

Panama City, FL 32408

Treasure Island Resort

Property Details

Construction

Block Concrete Stucco

Heating

Electric (Heating)Central

Cooling

Ceiling Fan(s)Central Air

Appliances

ElectricOvenElectricRangeElectricWaterHeater

Questions & Answers

This 3-bedroom, 2-bathroom condo at 5004 Thomas Drive is listed at $915,000 ($469/sqft). The estimated monthly payment is $3,965 based on 20% down at 6.5% interest.

Key features include: Built in 2005, Waterfront.

This property is listed by Greg B Taylor and can be reached at 8508964173 or gregory.taylor@countsrealestate.com.

GT

Greg B Taylor

Agent at Counts Real Estate Group Inc

(850) 896-4173

Listed by Counts Real Estate Group Inc · View on Broker Site

MLS# 786919· Source: listhub· Updated 84 days ago

Copyright © 2026 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

5004 Thomas Drive, Panama City, FL 32408

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