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$654,900 Just Listed
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Property Description
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, 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!
Full Property Details
Full Property Details for 5004 Thomas Dr #1811
General
- Price: $654,900
- Taxes: $6,697 (2025)
- Status: Active
- Type: Condo
- Source: Bay_County
- MLS ID: 785592
- Updated: 2/20/2026
- Added to Site: 1 day(s) ago
Interior
- Number of Rooms: 12
- Interior Features: Handicap Access, Entrance Foyer
- Fireplace: Yes
- Fireplace(s): Electric
- Appliances: Electric Range, Electric Water Heater
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Additional Information
- Shared Amenities: Other, See Remarks, Barbecue
- Pool: Yes
- Pool Description: Gas Heat, In Ground, Community
- Security/Safety: Security Guard, Security Service
Exterior
- Porch/Patio/Deck: Balcony
Parking
- Garage: Yes
- Garage Spaces: 1
Location
- County: Bay
- Subdivision: Treasure Island Resort
- Driving Directions: Google Maps
School Information
- Elementary School: Patronis
- Middle School: Surfside
- High School: Arnold
Community
- Community Name: 03 - Bay County - Beach
- Association: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Central, Electric, Fireplace(s)
Utilities
- Sewer: Public Sewer
- Utility Description: Electricity Available
Structural Information
- Architectural Style: High Rise
- Construction: Concrete
- Elevator: Yes
- Stories/Levels: 22
- Sq. Ft. Source: Appraiser
- Year Built: 2005
Lot Features
- Property View: Gulf
- Lot Dimensions: 0 x 0
- Lot Features: Paved
- Zoning: Resid Multi-Family
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Gulf, See Remarks
- Water Front View: Gulf, See Remarks
Financial Considerations
- Tax Amount: $6,697
- Tax Year: 2025
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: TREASURE ISLAND RESORT, A CONDO UNIT 1811 TYPE B ORB 2633 P 1849 2BR/2BA ORB 4428 P 1243 1370 H&C
- Property ID: 31437-302-000
Listed by Compass Florida, LLC
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Schools
Schools serving 5004 Thomas Dr #1811
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Patronis Elementary School 7400 Patronis Dr, Panama City Beach, FL 32408 | K-5 | 2.2 mi |
Surfside Middle School 300 Nautilus Street, Panama City Beach, FL 32413 | 6-8 | 7.6 mi |
J.R. Arnold High School 550 North Alf Coleman Road, Panama City Beach, FL 32407 | 9-12 | 5.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5004 Thomas Dr #1811
Date
Details
Price
Change
Source
2/20/2026
Listed
$654,900
21.28%
MLS
6/18/2021
Sold
$540,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5004 Thomas Dr #1811
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,657
-6%
$541,450
-6%
2024
$7,091
1%
$573,750
—
2023
$6,993
64%
$573,750
63%
2021
$4,270
-26%
$352,750
-28%
2022
$5,742
34%
$493,000
47%
2021
$4,270
13%
$335,750
13%
2019
$3,779
10%
$297,110
10%
2018
$3,421
—
$270,100
1%
2017
$3,425
—
$268,600
2%
2016
$3,423
3%
$263,500
7%
2015
$3,331
7%
$246,840
10%
2014
$3,121
29%
$224,400
10%
2013
$2,422
—
$204,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5004 Thomas Dr #1811
5004 Thomas Drive #1811, Panama City, FL 32408 (MLS# 785592) is a Condo property with 2 bedrooms and 2 full bathrooms. 5004 Thomas Drive #1811 is currently listed for $654,900 and was received on February 20, 2026. Want to learn more about 5004 Thomas Drive #1811? Do you have questions about finding other Condo real estate for sale in Panama City? You can browse all Panama City real estate or contact a Coldwell Banker agent to request more information.

