USAFLPanama City BeachTreasure Island ResortUnit-2304-5004 Thomas Dr

$615,000

3 months ago

UNIT-2304 - 5004 Thomas Dr, Panama City Beach, FL

Name: UNIT-2304 - 5004 Thomas Dr, For Sale in Panama City Beach - eXp Realty
Brand: coldwell banker realty
SKU: 782127
Price: 615000 USD

Condo

2 Bed

2 Bath

MLS® 782127

Key Facts
Description
Rooms
Map

Key Facts

Type Condominium

Levels Residential

Size -

Garage Yes

HOA Fees

Taxes $6,363

Days Active 89

Approx. Age 2005

MLS® Number 782127

Property Address: unit-2304-5004 Thomas Dr, Panama City Beach, FL, 32408-6998

Average square foot calculated using Size range provided by listing agent.

Description

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.

MLS® Number782127

Locker

Ensuite LaundryNo

Balcony

Furnished

Laundry Level

Exposure

Exterior

GarageYes

Approx. Age2005

Stories23

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Nov 26, 2025List Date

$615,000List Price

Commute

Commute

Starting Address

Destination Address

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