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$1,325,000
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Property Description
Experience Unrivaled Luxury at This Gulf-Front Oasis Welcome to your dream coastal retreat, a fully renovated three-bedroom, two-bathroom condominium situated at the perfect level on the 4th floor, offering some of the most breathtaking views in Panama City Beach. This stunning property combines the tranquility of beachfront vacationing with sophisticated, high-end design elements and impressive amenities. Key Features: Panoramic Gulf Views: Floor-to-ceiling windows in all main living areas maximize natural light and capture sweeping, unobstructed views of the Gulf's emerald waters and the vast Panama City Beach coastline. Watch the sun sink into the horizon on the massive wrap around balcony. Gourmet Kitchen: The chef's kitchen is a masterpiece of design, featuring custom Scandinavian cabinetry, quartz counter tops, top-of-the-line appliances, Fisher & Paykel dishwasher drawer and a sleek induction cooktop. It is an entertainer's delight where you can prepare meals while enjoying the captivating seascape and interacting with guests and family. Spa-Inspired Bathrooms: Both bathrooms have been meticulously updated to the highest standards, offering a luxurious, spa-like experience. The primary ensuite bathroom features a custom-tiled walk-in shower with multiple shower heads, body spray and custom double vanity with separate water closet. The main bathroom is equally luxurious with glass enclosed tub/shower combo and custom tile work. Both bathrooms have all new fixtures and Toto toilets. Wrap-Around Balcony: Step outside onto the expansive 800sqft, wrap-around balcony, an outdoor sanctuary perfect for morning coffee, sunset cocktails, or simply relaxing to the sound of the waves. Convenience: A dedicated, full laundry room adds ease and functionality to your stay. Other notable features, improvements and upgrades include: The interior of the unit features 10 foot ceilings that are only available on floors 1 through 5, custom crown molding, all matching quartz countertops , premium induction cook top, two microwave/convection oven combos, high grade wood-grain vinyl/composite plank flooring, custom walk-in, double shower head and body spray shower in primary bathroom, nest controlled heating and air, nest front door security camera, new Minka ceiling fans, high-end gloss cabinets in kitchen and internal drawer pull-outs, built-in whole house water filter (self-cleans) for entire condo, custom HVAC vent registers, new light switches and electric outlets and many other upgrades. Whether you're seeking a serene permanent residence, a luxurious vacation home, or an exceptional investment property, this condo offers a rare opportunity to own a slice of paradise where every detail has been thoughtfully curated for a life of comfort and elegance. Treasure Island Resort enjoys some of the lowest HOA fees on the beach. This Treasure Island unit is truly a masterpiece residence that must be seen to be fully appreciated. Schedule your private viewing today.
Full Property Details
Full Property Details for 5004 Thomas Dr #401
General
- Price: $1,325,000
- Taxes: $11,860 (2024)
- Status: Active
- Type: Condo
- Source: Bay_County
- MLS ID: 782370
- Updated: 12/19/2025
- Added to Site: 43 day(s) ago
Interior
- Number of Rooms: 9
- Interior Features: Smart Thermostat
- Appliances: Convection Oven, ENERGY STAR Qualified Appliances, Electric Cooktop, Electric Water Heater, Water Purifier Owned, Water Softener Rented
- Flooring: Luxury Vinyl Plank
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Additional Information
- Shared Amenities: Beach Rights
- Pool: Yes
- Pool Description: In Ground, Community
- Security/Safety: Secured Garage/Parking, Security Service
Exterior
- Porch/Patio/Deck: Balcony
Parking
- Garage: Yes
- Garage Spaces: 1
- Parking Features: Additional Parking
Location
- County: Bay
- Subdivision: Treasure Island Resort
- Driving Directions: From Panama City turn left on Thomas Dr. After you cross the grand lagoon bridge Treasure Island Resort will be on the left just past the curve.
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), Humidity Control, Heat Pump
- Heating Type: Humidity Control, Heat Pump
Utilities
- Sewer: Public Sewer
- Utility Description: Cable Connected, High Speed Internet Available
Structural Information
- Architectural Style: High Rise
- Sq. Ft. Source: Appraiser
- Year Built: 2005
Lot Features
- Property View: Gulf
- Lot Dimensions: 0 x 0 x 0
Water Features
- Water Front: Yes
- Water View: Yes
Green Features
- Energy Efficient: Appliances
Financial Considerations
- Tax Amount: $11,860
- Tax Year: 2024
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: TREASURE ISLAND RESORT, A CONDO UNIT 401 TYPE A ORB 2633 P 1849 3BR/2BA ORB 4442 P 1475 1950 H&C
- Property ID: 31437-136-000
Listed by CENTURY 21 AllPoints Realty
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Schools
Schools serving 5004 Thomas Dr #401
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 #401
Date
Details
Price
Change
Source
12/04/2025
Listed
$1,325,000
21.57%
MLS
7/27/2021
Sold
$1,089,900
—
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 #401
Year
Property Taxes
Change
Tax Assessment
Change
2024
$11,860
3%
$1,009,375
—
2023
$11,481
65%
$1,009,375
75%
2021
$6,946
-22%
$575,875
-25%
2022
$8,888
28%
$765,000
41%
2021
$6,946
10%
$544,000
7%
2019
$6,323
6%
$510,000
7%
2018
$5,993
-2%
$475,575
-1%
2017
$6,092
1%
$480,250
3%
2016
$6,014
-2%
$465,375
2%
2015
$6,113
9%
$457,632
10%
2014
$5,585
25%
$416,029
10%
2013
$4,457
—
$378,208
—
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 #401
5004 Thomas Drive #401, Panama City, FL 32408 (MLS# 782370) is a Condo property with 3 bedrooms and 2 full bathrooms. 5004 Thomas Drive #401 is currently listed for $1,325,000 and was received on December 05, 2025. Want to learn more about 5004 Thomas Drive #401? 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.

