5004 Thomas 112 DR #112 Panama City Beach, FL 32408
UPDATED:
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 1,950 sqft
Price per Sqft $474
Subdivision Treasure Island Resort
MLS Listing ID 761270
Style High Rise
Bedrooms 3
Full Baths 2
HOA Y/N Yes
Year Built 2005
Annual Tax Amount $11,136
Tax Year 2023
Property Sub-Type Condominium
Property Description
Experience coastal living at its finest with this beautifully appointed, ground-floor penthouse unit in the highly sought-after Treasure Island Resort. This fully furnished 3-bedroom, 2-bath condo offers stunning Gulf views and is projected to generate over $100K in annual rental income. The unit stays booked solid, so showings are best on turn days—typically Saturdays after 2 PM.
A rare and valuable feature of the ground-floor units is the private balcony gate, providing direct access to the pool deck, hot tub, and beach—no elevator needed. Inside, you'll find an open-concept living, kitchen, and dining area filled with natural light thanks to oversized picture windows and floor-to-ceiling sliding glass doors.
The Gulf-front primary suite includes private balcony access, a spacious en suite bath with double vanities, a separate walk-in shower, water closet, and large closet. Both guest bedrooms accommodate king beds and also feature private balcony access via sliding glass doors—ideal for guests or family.
Additional highlights include:
Private balcony rinse-off shower
Assigned, covered garage parking
Direct pool and beach access—no stairs or elevator necessary
Resort amenities: Heated pool (seasonal), hot tub, grilling area, fitness center, and a community room
This is turnkey luxury with strong rental potential and unbeatable convenience. Don't miss your chance to own one of the best-positioned units in Treasure Island.
Location
State FL
County Bay
Community Beach, Waterfront, Barbecue, Gated, Short Term Rental Allowed
Area 03 - Bay County - Beach
Interior
Heating Electric
Cooling Central Air, Ceiling Fan(s)
Fireplace No
Appliance Washer/Dryer Stacked, Electric Range, Electric Water Heater
Laundry Stacked
Exterior
Exterior Feature Barbecue
Parking Features Paved
Fence Full, Fenced
Pool Electric Heat, In Ground
Community Features Beach, Waterfront, Barbecue, Gated, Short Term Rental Allowed
Utilities Available Cable Connected, Electricity Available, Sewer Available, Water Connected
Amenities Available Beach Rights
Waterfront Description Shoreline - Sand
View Y/N Yes
Water Access Desc Shoreline - Sand
View Gulf
Porch Balcony, Covered, Porch
Building
Lot Description Paved
Sewer Sewer Tap Paid
Architectural Style High Rise
New Construction No
Schools
Elementary Schools Patronis
Middle Schools Surfside
High Schools Arnold
Others
Tax ID 31437-111-000
Security Features Building Security,Gated Community,Smoke Detector(s)
Special Listing Condition Listed As-Is
GET MORE INFORMATION