5004 Thomas Drive 2005, Panama City Beach, FL 32408 (MLS# 789909)

List Price/SqFt: 422.63

Status: Active

List Date: 2026-05-15

List Price: $579,000

Current Price: $579,000

Unit #: 2005

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: Located just east of Schooner's directly on the Gulf.

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: 31437-320-000

Legal Description: TREASURE ISLAND RESORT,A CONDO UNIT 2005 TYPE B ORB 2633 P 1849 2BR/2BA ORB 4582 P 2323 1370 H&C

Floor Number: 20

Design: High-Rise (8+ floors)

Apx SqFt(Htd/Cooled): 1370

Construction Status: Construction Complete

SqFt Source: Prop App Site

Lot Dimensions: Condo

New Construction: No

Garage Y/N: No

Pool: Yes

Pool Type: Community

Sub-Type: Condominium

Bedrooms: 2

Full Baths: 2

Total Baths: 2

Year Built: 2005

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: 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!

Dishwasher: 1

Disposal: 1

Dryer: 1

Microwave: 1

Oven - Electric: 1

Range - Electric: 1

Washer: 1

Breakfast Bar: 1

Ceiling - Raised: 1

Concrete: 1

Balcony: 1

Master Association: 1

Sewer: 1

Trash Disposal: 1

TV Cable: 1

Water: 1

Furnished: 1

Bunk Hallway: 1

Waterfront: 1

Garage Detached: 1

MBath Shower Only: 1

MBed Waterfront: 1

Community Room: 1

Elevators: 1

Exercise Room: 1

Pool: 1

Waterfront: 1

Whirlpool: 1

Bedroom: 1

Master Bedroom: 1

ShowingTime: 1

Electricity - Connected: 1

Public Sewer - Connected: 1

Public Water - Connected: 1

Gulf: 1

First: 1

First: 1

Ceiling Fan(s): 1

Central Air: 1

Electric: 1

Electric: 1