- CENTURY 21 Real Estate
- Florida
- Panama City Beach
- 5004 S Thomas Drive #2304
5004 S Thomas Drive #2304, Panama City Beach, FL 32408
Local realty services provided by:CENTURY 21 AllPoints Realty
5004 S Thomas Drive #2304,Panama City Beach, FL 32408
$615,000
- 2 Beds
- 2 Baths
- 1,370 sq. ft.
- Condominium
- Active
Listed by: courtney pantalena
Office: coldwell banker realty
MLS#:994868
Source:FL_ECAR
Price summary
- Price:$615,000
- Price per sq. ft.:$448.91
About this home

Penthouse Perfection at Treasure Island in East PCB! In a market where condo financials are often the biggest question mark, Treasure Island offers a rare level of confidence. This complex stands out with fully-funded reserves, passed inspections, and a track record of ZERO special assessments in at least the five years of the seller's ownership. The association just had an HOA dues DECREASE as a result of the fantastic management and recent insurance reduction. Additionally, new high-speed elevator installation is underway and the cost is already fully covered by the current budget. 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
Contact an agent
Home facts
- Year built:2005
- Listing ID #:994868
- Added:1 day(s) ago
- Updated:February 10, 2026 at 04:12 AM
Rooms and interior
- Bedrooms:2
- Total bathrooms:2
- Full bathrooms:2
- Living area:1,370 sq. ft.
Structure and exterior
- Year built:2005
- Building area:1,370 sq. ft.
Schools
- High school:Arnold
- Middle school:Surfside
- Elementary school:Patronis
Utilities
- Water:Public Water
Finances and disclosures
- Price:$615,000
- Price per sq. ft.:$448.91
- Tax amount:$6,523 (2025)
New listings near 5004 S Thomas Drive #2304
- New
$360,000Active2 beds 2 baths1,088 sq. ft.624 W Caladium Circle B, Panama City Beach, FL 32413
MLS# 994903Listed by: EXP REALTY LLC - New
$429,000Active3 beds 2 baths1,284 sq. ft.17005 Guava Avenue, Panama City Beach, FL 32413
MLS# 994908Listed by: EXP REALTY LLC - New
$649,000Active3 beds 2 baths1,824 sq. ft.21408 Palm Avenue, Panama City Beach, FL 32413
MLS# 994911Listed by: KELLER WILLIAMS REALTY SRB - Open Sat, 12 to 3pmNew
$655,000Active4 beds 3 baths2,326 sq. ft.163 Grand Lagoon Shores Drive, Panama City Beach, FL 32408
MLS# 784987Listed by: SEASHORE REALTY LLC - New
$459,000Active4 beds 3 baths2,110 sq. ft.833 Breakfast Point Boulevard, Panama City Beach, FL 32407
MLS# 784988Listed by: BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA - New
$99,000Active1.69 Acres6510 W Sundew Marsh Trail, Panama City Beach, FL 32413
MLS# 784989Listed by: BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA - New
$480,000Active2 beds 2 baths1,076 sq. ft.12011 Front Beach Road #1004B, Panama City Beach, FL 32407
MLS# 784981Listed by: KELLER WILLIAMS SUCCESS REALTY - New
$465,000Active3 beds 2 baths1,320 sq. ft.313 Laureno Place, Panama City Beach, FL 32413
MLS# 784980Listed by: CORCORAN REVERIE - New
$299,900Active2 beds 2 baths864 sq. ft.5628 Thomas Drive #9, Panama City Beach, FL 32408
MLS# 784977Listed by: WORLD IMPACT REAL ESTATE - New
$549,900Active3 beds 2 baths1,500 sq. ft.769 Westwood Beach Circle, Panama City Beach, FL 32413
MLS# 784974Listed by: BEACHY BEACH REAL ESTATE