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$699,000   Price Analysis
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5004 Thomas Dr Unit 104
Panama City Beach, FL 32408
2 bed 2 bath 1,370 SqFt ($510/SqFt)
Built 2005
Listed 2024-05-23, HOA $858, Taxes $5,742
Ⓧ USDA Ineligible
due to location

near Panama City Beach

An Epic PCB Opportunity.

* No Longer For Sale *
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Discover a RARE gem at the east end of Thomas Drive. FIRST-FLOOR condo at Treasure Island Resort. Enjoy the convenience of ground-level reserved parking with no steps, no elevator and no fuss. Simply walk straight into paradise at 5004 Thomas Drive, Unit 104. In 2023, this condo generated an imp ressive $85, 000 in gross rntal income.Treasure Island, 104 is perfectly situated on the ground floor, offering easy access and limitless adventure. Your private parking spot is steps from your new condo. This breathtaking, fully renovated condo comes fully furnished and equipped with all the bells and whistles for a perfect home, vacation getaway or investment property. It features new furniture, artwork and stunning decor throughout the 2-bed, 2-bath gem! Fresh paint has been applied throughout, including the cabinets and new custom window treatments with blackout options allow for a full gulf view.

Both bedrooms feature king beds with new mattresses and there's a bonus set of bunk beds built into the wall with a ladder, as well as a pull-out sofa bed with a new comfort mattress, accommodating up to eight guests to maximize space and rental income. The condo is outfitted with three new smart TVstwo 65-inch and one 43-inch. The open-concept kitchen boasts pleasing granite countertops, a new dishwasher, new pots and pans, updated kitchen accessories and everything you need for cooking. Additional updates include a new washer and dryer, a new HVAC system and beach chairs and an umbrella. The most incredible feature is the ability to walk straight out of your unit directly to the beachtruly turnkey at its finest. Treasure Island Resort Condominium is near St. Andrews State Park on the east end of Panama City Beach. This area is filled with tremendous local restaurants and outdoor activities, making it the ideal place to vacation, live or both. Life is meant to be experienced and Treasure Island, Unit 104, is the epitome of that!


Presented by Brian Clowdus at
COUNTS REAL ESTATE GROUP INC.


Property MLS #950522 from NWFlorida

Bedrooms: 2
Primary Bedroom Features: MBath Double Vanity, MBath Dressing Area, MBath Separate Shwr, MBath Tile, MBath Walk-In Closet, MBed Balcony, MBed First Floor, MBed Walk-in Closet, MBed Waterfront

Total Bathrooms: 2 / 0
Full Bathrooms: 2

Breakfast Bar
Floor Tile
Furnished - All
Hallway Bunk Beds
Kitchen Island
Owner's Closet
Pantry
Renovated
Window Treatment All

Cooktop
Dishwasher
Dryer
Fire Alarm/Sprinkler
Microwave
Range Hood
Refrigerator
Refrigerator W/IceMk
Smoke Detector
Stove/Oven Electric
Washer
Wine Refrigerator

Bedroom, Kitchen, Living Room, Master Bathroom
Living Room Level: First
Exercise Room: Yes

Kitchen Level: First

Balcony
BBQ Pit/Grill
Pool - In-Ground
Shower

Pool Features: Community

Gulf

Carport Spaces: 1
Covered Spaces: 1
Garage Spaces: 1
Parking Features: Carport, Covered, Garage

View: Gulf
Energy: AC - 2 or More, AC - Central Elect, AC - High Efficiency, Ceiling Fans, Water Heater - Elect

Association: Yes
Association Fee: 2575
Association Fee Frequency: Quarterly
Association Fee Includes: Accounting, Land Recreation, Management, Recreational Faclty, Security, Services, Sewer, Trash
Calculated Total Monthly Association Fees: 858

Elementary School: Patronis
High School: Arnold
Middle School: Surfside

Patronis Elementary School is a public elementary school located approximately 2.2 miles away.
directions icon Map directions

J.R. Arnold High School is a public high school located approximately 5.7 miles away.
directions icon Map directions

Surfside Middle School is a public middle school located approximately 7.6 miles away.
directions icon Map directions

Bacot Academy is a private elementary, middle and high school located approximately 4 miles away.
directions icon Map directions

Facilities: BBQ Pit/Grill, Beach, Community Room, Exercise Room, Pets Allowed, Picnic Area, Pool, Short Term Rental - Allowed, TV Cable, Waterfront, Whirlpool

Annual Tax Amount: 6993.00
Source Listing Status: Sold
County: Bay
Directions: When coming from the Hathaway Bridge, Treasure Island will be on the left after initial right turn onto south end of Thomas Drive.
Tax Year: 2023
Source Property Type: Residential
Area: 27 - Bay County
Property Subtype: condo
Source Neighborhood: TREASURE ISLAND
Parcel Number: 31437-104-000
Subdivision: TREASURE ISLAND
Property Subtype: Condominium
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$493,000 + $unknown
$493,000
$5,742
2021$352,750 + $unknown
$352,750
$4,270
2020$unknown + $unknown
$326,821
$4,069
2019$unknown + $unknown
$297,110
$3,778
2018$270,100 + $unknown
$270,100
$3,420
2017$268,600 + $unknown
$268,600
$3,425
2016$263,500 + $unknown
$263,500
$3,422
2015$unknown + $unknown
$246,840
$3,330
2014$unknown + $unknown
$224,400
$3,120
2013$unknown + $unknown
$204,000
$2,422
2012$unknown + $unknown
$197,625
$2,350
2011$unknown + $unknown
$210,800
$2,559
2010$unknown + $unknown
$227,375
$2,773
2009$unknown + $unknown
$263,500
$3,266
2008$unknown + $unknown
$340,000
$3,890
2007$unknown + $unknown
$403,750
$4,551

Sold 2024-05-31
$687,000
NWFlorida
Listed 2024-05-23
$699,000
CPARMLS
Listed 2024-05-23
$699,000
NWFlorida
Sold 2021-06-30
$589,000
CPARMLS
Listed 2021-05-04
$589,000
CPARMLS
Sold 2009-02-03
$290,000
Public Record
Sold 2005-09-27
$353,500
Public Record

Total Square Feet Living: 1370
Year Built: 2005
Building Exterior Type: Concrete
Property Age: 19
Year Built Details: Construction Complete

Electric
Public Sewer
Public Water
TV Cable

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.