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5004 Thomas Drive 1212
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PRICED AT ONLY: $930,000

Address: 5004 Thomas Drive 1212, Panama City, FL 32408

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.

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  • MLS#: 786919 ( Residential )
  • Street Address: 5004 Thomas Drive 1212
  • Viewed: 3
  • Price: $930,000
  • Price sqft: $477
  • Waterfront: Yes
  • Wateraccess: Yes
  • Waterfront Type: Gulf,ShorelineSand
  • Year Built: 2005
  • Bldg sqft: 1950
  • Bedrooms: 3
  • Total Baths: 2
  • Full Baths: 2
  • Garage / Parking Spaces: 1
  • Days On Market: 7

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.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 0.00
  • Roof: Flat
Land Information
  • Lot Features: Paved
School Information
  • High School: Arnold
  • Middle School: Surfside
  • School Elementary: Patronis
Garage and Parking
  • Garage Spaces: 1.00
  • Open Parking Spaces: 0.00
  • Parking Features: AdditionalParking, CommunityStructure
Eco-Communities
  • Pool Features: GasHeat, InGround, Community
Utilities
  • Carport Spaces: 0.00
  • Cooling: CentralAir, CeilingFans
  • Heating: Central, Electric
  • Road Frontage Type: CityStreet
  • Sewer: PublicSewer
  • Utilities: CableConnected, ElectricityAvailable, HighSpeedInternetAvailable
Amenities
  • Association Amenities: BeachRights, Barbecue, SpaHotTub
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Pet Deposit: 0.00
  • Security Deposit: 0.00
  • Tax Year: 2025
  • Trash Expense: 0.00
Other Features
  • Appliances: ElectricOven, ElectricRange, ElectricWaterHeater
  • Legal Description: TREASURE ISLAND RESORT, A CONDO UNIT 1212 TYPE A ORB 3245 P 354 3BR/2BA . 1950 H&C
  • Area Major: 03 - Bay County - Beach
  • Occupant Type: Occupied
  • Parcel Number: 31437-243-000
  • Style: HighRise
  • The Range: 0.00
  • Unit Number: 1212
  • View: Gulf
Nearby Subdivisions
[no Recorded Subdiv]   Bay Point Golf Villas I   Bay Point Grand Residences   Bay Point Harbour Villas   Bay Point Studio Villas Unit 2   Bay Point Studio Villas Unit 3   Boardwalk Central   Dockside North   Dunes Of Panama Phase V   Emerald Park Condominium   En Soleil Condo   Grand Lagoon Cove Condominium   Grande Surf Club Condo   Greenwood Estates 1   Greenwood Estates 5   Greenwood Estates 6   Greenwood Estates 8   Gulf Crest Condo   Hidden Dunes Condo   Lagoon Towers Phase I   Laketown Wharf   Laketown Wharf Phase Ii   Largo Mar Condo   Magnolia Bay Club   Marina Club Village   Mariner West Condo   Moondrifter   Moonspinner Apartments   Ocean Terr. Condo.   Oceanna Condo   Palisades Condo Ph 1   Plazas Of St.thomas I   Reflections   Regency Towers   Sand Castles Villa   Sand Castles Villas Condo   Seychelles Resort Condominium   Shade Tree Condo Ph Ii   Shores Of Panama   Shores Of Panama Ii   Shores Of Panama Phase I   Shores Of Panama Phase Ii   St. Andrews Park Place   Sterling Beach Condo   Sugar Beach Condo   Summerhouse Condo.   Summerhouse Of P.c. 2   Summerhouse Of P.c. 3   Summerwinds Condo   Summit   Sunbird Condo   Sunswept 3   Sunswept 4   The Commodore   The Summit   Top Of The Gulf Condo.   Treasure Cove Condo.   Treasure Island Resort   Villas Of St. Thomas 1   Villas Of St. Thomas 3   Villas Of St. Thomas 4   Watercrest Condo   Waterhaven   Whispering Seas  
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