5004 Thomas Drive #2304, Panama City Beach, FL 32408
Local realty services provided by:CENTURY 21 First Story Real Estate
5004 Thomas Drive #2304,Panama City Beach, FL 32408
$575,000
- 2 Beds
- 2 Baths
- - sq. ft.
- Condominium
- Sold
Listed by: courtney pantalena
Office: coldwell banker realty
MLS#:782127
Source:FL_BCMLS
Sorry, we are unable to map this address
Price summary
- Price:$575,000
About this home
Penthouse Perfection at Treasure Island in East Panama City Beach. Some condos feel like rentals; this one feels like a reward. From the moment you enter, you can tell this penthouse has been updated, maintained, and made ready for immediate enjoyment. Fresh paint, brand-new coastal furnishings, and tile flooring throughout create that clean, breezy, ''yes, this is why I bought at the beach'' feeling. Even better... It's pet-friendly but is still so pristine you'd never guess.
The details are where this unit really shines. Updated bathrooms with stylish new vanities and playful coastal accents. Built-in bunks tucked behind the dining area (complete with charming porthole touches) that add extra sleeping space without sacrificing flow. A bright kitchen featuring a new white refrigerator and built-in microwave. Plus -- and this is big -- a new washer/dryer and HVAC system already in place.
Now let's talk about the part buyers quietly stress over... the HOA. Treasure Island delivers rare peace of mind with fully funded reserves, passed inspections, and a history of zero special assessments during the seller's ownership. In fact, dues were recently reduced thanks to strong management and insurance improvements. New high-speed elevators are already underway and already fully covered within the existing budget.
Ownership here has been both easy and profitable. The unit generated approximately $45,000 in rental income in 2025, with room to grow. The complex is exceptionally rental-friendly, including a highly desirable feature: renters may bring one dog under 30 lbs.
And the location? Hard to beat. Positioned between the iconic Schooners Restaurant and St. Andrews State Park, you're surrounded by the best of East PCB -- dining, recreation, and that slightly quieter, more relaxed stretch of beach. Assigned covered parking included. Strong financials. Turn-key condition. Proven income. Whether you're searching for a getaway, an investment, or your own slice of penthouse beach life... this one checks boxes fast. Schedule your showing today. A video tour is also available....
Contact an agent
Home facts
- Year built:2005
- Listing ID #:782127
- Added:130 day(s) ago
- Updated:April 05, 2026 at 06:15 AM
Rooms and interior
- Bedrooms:2
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:4
- Kitchen Description:Electric Oven, Electric Water Heater
Heating and cooling
- Cooling:CeilingFans, CentralAir
- Heating:Central
- Central air:Yes
Structure and exterior
- Year built:2005
- Architectural Style:High Rise
- Exterior Features:Balcony
Schools
- High school:Arnold
- Middle school:Surfside
- Elementary school:Patronis
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$575,000
- Tax amount:$6,363 (2024)
Features and amenities
- Amenities:Beach Rights, ElectricOven, ElectricWaterHeater, SecurityService
- Pool features:Community, InGround
Parking
- Parking description:Additional Parking
- Garage:Yes
- Garage spaces:1
New listings near 5004 Thomas Drive #2304
- New
$1,200,000Active4 beds 3 baths2,672 sq. ft.22811 Panama City Beach Parkway #12, Panama City Beach, FL 32413
MLS# 787924Listed by: REALTY ONE GROUP EMERALD COAST - New
$278,000Active2 beds 2 baths1,254 sq. ft.520 N Richard Jackson Boulevard #1808, Panama City Beach, FL 32407
MLS# 787917Listed by: KELLER WILLIAMS SUCCESS REALTY - New
$829,900Active3 beds 3 baths2,394 sq. ft.8501 Lost Shaker Way, Panama City Beach, FL 32413
MLS# 787912Listed by: BEACH HAVEN REALTY - New
$795,000Active3 beds 2 baths1,824 sq. ft.144 Dupree Street, Panama City Beach, FL 32413
MLS# 787913Listed by: COMPASS FLORIDA, LLC - New
$275,000Active1 beds 1 baths609 sq. ft.9850 S Thomas Drive #602W, Panama City Beach, FL 32408
MLS# 787907Listed by: BEACHY BEACH REAL ESTATE - New
$359,900Active3 beds 2 baths1,305 sq. ft.138 White Cap Way, Panama City Beach, FL 32407
MLS# 787909Listed by: BEACHY BEACH REAL ESTATE - New
$569,000Active2 beds 2 baths1,299 sq. ft.14701 Front Beach Road #2525, Panama City Beach, FL 32413
MLS# 787903Listed by: BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA - New
$535,000Active2 beds 2 baths1,558 sq. ft.9076 Parrot Place, Panama City Beach, FL 32413
MLS# 787901Listed by: COLDWELL BANKER REALTY - New
$510,000Active3 beds 3 baths1,477 sq. ft.22952 Ann Miller Road, Panama City Beach, FL 32413
MLS# 999789Listed by: ROSEMARY BEACH REALTY LLC
$399,999Active3 beds 2 baths1,518 sq. ft.321 Prudence Lane, Panama City Beach, FL 32408
MLS# 785814Listed by: REAL BROKER LLC