5004 Thomas DR #2304 Panama City Beach, FL 32408
UPDATED:
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 1,370 sqft
Price per Sqft $448
Subdivision Treasure Island Resort
MLS Listing ID 782127
Style High Rise
Bedrooms 2
Full Baths 2
HOA Y/N Yes
Year Built 2005
Annual Tax Amount $6,363
Tax Year 2024
Property Sub-Type Condominium
Property Description
As you enter, you'll encounter a fully revitalized interior that is ready for immediate enjoyment. The unit shines with fresh paint and brand-new coastal furnishings that perfectly capture the relaxed beach atmosphere. You will appreciate the durability and cleanliness of having tile flooring throughout (no carpet!). It has been a pet-friendly unit but it's so clean you wouldn't even know it. The bathrooms have been updated with stylish new vanities and even have special pull knobs to accent the beachy vibe. There are built-in bunks behind the dining area that have cute porthole decor and give the unit more sleeping space in addition to the two spacious bedrooms. The kitchen features a new white refrigerator and built-in microwave. Plus there's a new washer/dryer and HVAC system for year-round comfort and peace of mind.
The current owners have been incredibly happy with the complex, praising the onsite rental management and the proactive Board of Directors for making ownership easy and profitable. It is a proven performer, grossing $45k in rental income in 2025. It has potential to be even stronger, but the owners have wanted to enjoy the unit themselves as well. And who could blame them with a unit like this!
The complex is pet-friendly for owners and also allows renters to bring one dog under 30lbs, a rare feature that significantly boosts rental demand. Complete with an assigned covered parking spot and located next to Schooners Restaurant on one side and St. Andrews State Park on the other, this is the total package. Whether you are looking for a primary residence, vacation getaway, or a high-performing investment, this penthouse is ready for you. Schedule your showing today - a video tour is also available
Location
State FL
County Bay
Community Barbecue, Beach, Clubhouse, Elevator, Fitness Center, Pool, Waterfront, Short Term Rental Allowed
Area 03 - Bay County - Beach
Interior
Heating Central
Cooling Central Air, Ceiling Fan(s)
Fireplace No
Appliance Electric Oven, Electric Water Heater
Exterior
Parking Features Additional Parking
Garage Spaces 1.0
Garage Description 1.0
Pool In Ground, Community
Community Features Barbecue, Beach, Clubhouse, Elevator, Fitness Center, Pool, Waterfront, Short Term Rental Allowed
Utilities Available Cable Connected, High Speed Internet Available
Amenities Available Beach Rights, Barbecue
Waterfront Description Shoreline - Sand
View Y/N Yes
Water Access Desc Shoreline - Sand
View Gulf
Porch Balcony
Building
Lot Description Paved
Story 23
Sewer Public Sewer
Architectural Style High Rise
New Construction No
Schools
Elementary Schools Patronis
Middle Schools Surfside
High Schools Arnold
Others
Tax ID 31437-355-000
Security Features Security Service
Special Listing Condition Listed As-Is
GET MORE INFORMATION