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$569,000

5004 Thomas Dr Unit 1704 Panama City Beach, FL 32408

2 beds
2 full
1,370 sqft
$415 / sqft
Condo

Property details

About 5004 Thomas Dr Unit 1704

**INCREDIBLE VIEWS DOWN THE ENTIRE COAST** This well-maintained 2BR/2BA+BUNKS Treasure Island condo offers everything vacationers want: space and comfort for up to eight guests, unbeatable convenience with a prime beachfront location and resort-style amenities, and some of the most spectacular views on Panama City Beach. Perched on the 17th floor, this unit showcases breathtaking, unobstructed views of the coastline from the living and dining areas, the oversized private balcony, and the master suite. High-floor living means peaceful mornings and quieter evenings, far removed from the lively activity and beach-level noise found on lower floors. Treasure Island's unique building orientation offers especially dramatic views of both sunrises and sunsets. Inside, the condo is bright, spacious, and welcoming, with 9' ceilings and floor-to-ceiling glass sliders in both the living room and master bedroom that open onto the balcony. Upgraded LVP flooring in the living areas and bedrooms, along with tile in the foyer, kitchen, and baths, offers durability and easy maintenance. The master suite is a private retreat with sweeping gulf views, balcony access, dual vanities, and a glass walk-in shower. The built-in bunk area is cleverly tucked away to maximize space and flexibility, while the generous second bedroom makes the unit even more rental-friendly. The kitchen overlooks the Gulf and features granite counters, a breakfast bar, and stainless steel appliances. Resort-style amenities complete the package: a beachfront heated pool, hot tub, kiddie pool, fitness center, owner's lounge, game room, gazebos with grills, covered parking, and pet-friendly policies. High-speed elevators provide quick, reliable access. Treasure Island's well-managed HOA keeps fees low and includes cable and internet, adding value and ease. Located on the quieter east end of PCB - away from traffic and crowds - Treasure Island is just steps from popular PCB spots like Schooners, St. Andrews State Park, marinas, golf, shops, and more. Everything vacationers want, from fresh seafood and live music to beach days and boating adventures, is right nearby. Whether for personal enjoyment or a smart rental investment, this condo is worth a closer look...reach out for more information.

Highlights

Home typeCondominium
HeatingElectric
StatusActive
CoolingElectric
Size1,370 sqft
Year built2005
ParkingDetached, Garage
MLS #775677
WaterfrontGulf, Waterfront

Summary

  • Full Bathrooms: 2
  • Appliances: Dryer, Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Disposal, Washer
  • Interior: Breakfast Bar
  • Total Bedroom Count: 2
  • Attached Garage: No
  • Parking: Detached, Garage
  • Waterfront: Gulf, Waterfront
  • Exterior: Balcony
  • Architectural Style: High Rise
  • Heating: Electric
  • Cooling: Electric
  • List Price: $569,000
  • Price/SqFt: $415
  • HOA Amount: $2575 Quarterly
  • Annual Tax Amount: $6,182
  • Tax Year: 2023
  • Lot: Waterfront
  • Directions: From Hathaway Bridge, left on Thomas Drive, Complex is on the left just past the big curve.
  • Year Built: 2005
  • Living Area: 1,370 SqFt
  • MLS Number: 775677
  • MLS Name: BCAR
  • Office Name: Berkshire Hathaway HomeServices Beach Properties of Florida

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2025 Central Panhandle Association of REALTORS.© All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/2/2025, 7:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Jun 26, 2020
Home Sold
$405,000
Sep 07, 2005
Home Sold
$383,600

Tax history

YearAssessmentProperty Tax
2023$573,750$6,182
2022$493,000$5,105
2021$352,750$5,105
2020$326,821$4,069
2018$270,100$3,420
2017$268,600$3,425

History based on county public records data.

Nearby schools

7

Patronis Elementary School

Public District KG-5

2.2 mi

7400 Patronis Dr

5

Lucille Moore Elementary School

Public District PK-5

4.1 mi

1900 Michigan Ave

1

St. Andrew School at Oakland Terrace

Public District PK-5

4.3 mi

2010 W 12th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $41,776. The most common annual income of people living in Panama City Beach, FL is between $35k-100k. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

37%
<35k
49%
35k-100k
8%
100k-200k
6%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

57%
Single, No Kids
6%
Single, with Kids
28%
Married, No Kids
9%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

8%
<11 yrs old
4%
12-17 yrs old
23%
18-34 yrs old
44%
35-64 yrs old
21%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • Pro WrestlingPro Wrestling
  • College FootballCollege Football

Where do the neighbors shop?

  • KmartKmart
  • Family DollarFamily Dollar
  • Express/Express For MenExpress/Express For Men

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • Dominos PizzaDominos Pizza
  • SonicSonic

What do the neighbors drive?

  • BuickBuick
  • FordFord
  • KiaKia

What do the neighbors listen to?

  • OldiesOldies
  • New CountryNew Country
  • News/Talk/InformationNews/Talk/Information
All data provided by Home Junction and Claritas

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Frequently asked questions

About 5004 Thomas Dr Unit 1704

The listing price of 5004 Thomas Dr Unit 1704 property is $569,000.

The property 5004 Thomas Dr Unit 1704 is a condo located in Panama City Beach, Florida, 32408.

Active Listing: 5004 Thomas Dr Unit 1704 is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 5004 Thomas Dr Unit 1704 are: Patronis Elementary School (GreatSchools Rating 7/10), Lucille Moore Elementary School (GreatSchools Rating 5/10), St. Andrew School at Oakland Terrace (GreatSchools Rating 1/10), Breakfast Point Academy (GreatSchools Rating 6/10), Jinks Middle School (GreatSchools Rating 2/10), University Academy Sabl Inc (GreatSchools Rating 10/10), Rising Leaders Academy (GreatSchools Rating 5/10), Bay Virtual Franchise (GreatSchools Rating 6/10), Palm Bay Preparatory Academy 6-12 (GreatSchools Rating 7/10).

According to the records, the last property tax for 2023 is $6,182 (source: MLS/based on county public records data).

The last sale was on June 26, 2020 for $405,000 (source: MLS/tax record).

The property at 5004 Thomas Dr Unit 1704 has 2 bedrooms and 2 bathrooms.

The property 5004 Thomas Dr Unit 1704 is 1,370 SqFt (source: MLS/tax record).

The year of construction for 5004 Thomas Dr Unit 1704 is 2005.

This home is located at 5004 Thomas Dr Unit 1704 in Panama City Beach, FL and zip code 32408 in the Gulf Lagoon Beach neighborhood. This 1,370 square foot home was built in 2005. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 1, 2025 and is currently priced at $569,000.

While more than 26 listings in Panama City Beach, FL in June 2025 were sold above asking price, there were more than 47 listings sold at asking price, and more than 144 were sold below. The number of listings in Panama City Beach, FL decreased by 2.4% between May and June 2025. In June 2025 median list price was $330,871 and the average listing age was 78 days.

From Rocket Homes Real Estate and based on county public records data.

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