$699,900

5004 Thomas Dr Unit 1811 Panama City Beach, FL 32408

$8,311
Closing credit¹
2 beds
2 full
1,370 sqft
$511 / sqft
Condo

Property details

About 5004 Thomas Dr Unit 1811

Welcome to Treasure Island Resort, a prominently located gulf-front high-rise condominium in Panama City Beach. This highly desirable, renovated 18th floor unit is comprised of 2 bedrooms plus bunks, 2 bathrooms with 1,370 sq.ft. of an idealistic open floor plan taking full advantage of unobstructed views over the Gulf of Mexico from multiple rooms. A full-blown renovation occurred in 2022 that reflects meticulous attention to detail with notable updates and features throughout in excess of $100,000. This includes updated coastal furniture inside and out, neutral floor-to-ceiling blackout curtains, plantation shutters, neutral paint throughout, wood-look tiles in every room, new light/fan fixtures, new plumbing fixtures, updated kitchen, updated bathrooms, new closet systems and newer components. As you walk into the foyer, you are graced with a beautiful custom marble inlay to set the tone for the rest of the unit. The open-concept kitchen boasts contemporary white cabinetry, granite countertops, stainless-steel appliances with a new stove/oven unit and dishwasher, custom pendant light fixtures, recessed lights and pantry. Within the same space is your dining area with ample sitting, custom light fixture and built-in twin-over-twin bunks with a ladder. Adjoining the space is your large living room offering endless gulf views with the ONLY custom built 52-inch fireplace in the entire complex. Open up the glass sliding doors not only in the living room, but also the primary suite to enjoy the beach air on your almost 30 foot long balcony that gives you plenty of space of casual sitting and dining options. Just off the main living area is the spacious primary king suite. The updated primary bathroom offers a double vanity with a leather granite finish, LED lighted fog free mirrors, private water closet, a glass enclosed chevron marble inlay shower, custom plumbing fixtures and a custom wood shelving system in the closet. The secondary queen suite also offers an updated bathroom with a single vanity with a leather granite finish, LED lighted fog free mirror, a glass enclosed herringbone patterned tiled shower and a custom wood shelving system in the closet. This fully-furnished condo makes an ideal primary residence, a second home or an investment property with its unique location on the East end of Panama City Beach offering breathtaking sunsets and expansive views down the coastline, providing an unforgettable backdrop. Resort living offers plenty of amenities for everyone to luxuriate in such as a swimming pool, fitness center, on-site restaurant, beach service and a short distance to St. Andrews State Park, favorite local bars, shopping and restaurants. Come see why life is good at Treasure Island Resort today!

Highlights

Home typeCondominium
HeatingCentral
StatusActive
CoolingCeiling Fan(s), Central Air
Size1,370 sqft
Year built2005
ParkingCovered
MLS #974488
Attached garage1 space
WaterfrontGulf
FireplaceFireplace
ViewGulf

Summary

  • Full Bathrooms: 2
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Ice Maker, Range, Electric Oven, Washer
  • Interior: Breakfast Bar, Ceiling Crown Molding, Fireplace, Handicap Access, Recessed Lighting, Newly Painted, Owners Closet, Pantry, Split Bedroom
  • Fireplace: Fireplace
  • Total Bedroom Count: 2
  • Garage Space: 1 space
  • Attached Garage: Yes
  • Private Pool: No
  • Parking: Covered
  • Waterfront: Gulf
  • View: Gulf
  • Exterior: Balcony
  • Architectural Style: N/A
  • Heating: Central
  • Cooling: Ceiling Fan(s), Central Air
  • List Price: $699,900
  • Price/SqFt: $510
  • HOA Amount: $858
  • HOA Frequency: Quarterly
  • Annual Tax Amount: $6,992
  • Tax Year: 2023
  • Directions: Google Maps
  • Year Built: 2005
  • Living Area: 1,370 SqFt
  • MLS Number: 974488
  • MLS Name: Emerald Coast Association of REALTORS®
  • Office Name: Compass
  • Office Email: brokerfl@compass.com
  • Listing Agent: Adam Bazzell

IDX Information Deemed Reliable but not guaranteed. The information being provided is 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. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2025. 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: 5/10/2025, 12:50:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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living room featuring a tiled fireplace, visible vents, a ceiling fan, and ornamental molding

$699,900

5004 Thomas Dr Unit 1811

$8,311

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Jul 01, 2021
Home Sold
$540,000
Aug 23, 2005
Home Sold
$600,000

Tax history

YearAssessmentProperty Tax
2023$573,750$6,992
2022$493,000$5,742
2021$352,750$5,742
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. Most Panama City Beach, FL residents have annual incomes between $35k-100k. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

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 1811

The listing price of 5004 Thomas Dr Unit 1811 property is $699,900.

The property 5004 Thomas Dr Unit 1811 is a condo located in Panama City Beach, Florida, 32408.

Active Listing: 5004 Thomas Dr Unit 1811 is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 5004 Thomas Dr Unit 1811 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 $6,992 (source: MLS/based on county public records data).

The last sale was on July 1, 2021 for $540,000 (source: MLS/tax record).

The property at 5004 Thomas Dr Unit 1811 has 2 bedrooms and 2 bathrooms.

The property 5004 Thomas Dr Unit 1811 is 1,370 SqFt (source: MLS/tax record).

The year of construction for 5004 Thomas Dr Unit 1811 is 2005.

This home is located at 5004 Thomas Dr Unit 1811 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 April 22, 2025 and is currently priced at $699,900.

In April 2025, from all listings sold in Panama City Beach, FL there were more than 20 sold above asking price, over 127 sold below and more than 60 were sold right at the asked price. The number of listings in Panama City Beach, FL increased by 2.2% between March and April 2025. The median list price of listings available in April 2025 was $334,464, while the average time on the real estate market was 83 days.

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

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