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5004 Thomas Drive, Unit 112, Panama City, FL 32408

$899,000
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Active
BEDS3 BATHS2 full SQUARE FEET1,950 MLS#786905
STATUSActive PROPERTY TYPEResidential - Condominium SUBDIVISIONTreasure Island Resort

Property Description

HOA's are going DOWN on this rarely available--walk straight from your condo to the pool and beach beyond with this ground-floor Gulf-front coastal retreat. Located on the highly desirable east end of Panama City Beach, this rare ground-floor, 3-bedroom, 3-bath residence at Treasure Island Resort offers direct walk-out access to the pool and Gulf--no elevators, no waiting, just effortless coastal living. Spanning nearly 2,000 sq ft, this spacious floor plan is designed for comfort and gathering, featuring a Gulf-front primary bedroom with beautiful water views and direct access to the patio. The open living and dining areas are filled with natural light and showcase the Gulf, creating a relaxed and inviting beachside retreat. Three-bedroom units are limited within the building, and ground-floor availability is exceptionally rare--making this a unique opportunity. Offered in turnkey condition, this property is well-suited for both personal use and vacation rental. Rental Potential: Highly desirable features for vacation guests include ground-floor convenience, a large 3-bedroom layout, and immediate access to the pool and beach--supporting strong occupancy and rental appeal. Prime East End Location: Within walking distance to St. Andrews State Park and just minutes to Shell Island, public boat ramps, marinas, and popular waterfront dining. Enjoy a quieter stretch of beach while remaining close to everything Panama City Beach has to offer. Key Features: Rare ground-floor Gulf-front location Direct walk-out to pool and beach--no elevators required Spacious 3-bedroom, 3-bath layout Nearly 2,000 sq ft of living space Gulf-front primary bedroom with water views and patio access Open-concept living and dining areas with abundant natural light Newly painted throughout Turnkey condition--well maintained and move-in or rental ready Strong vacation rental potential Located on the desirable east end of Panama City Beach Walking distance to St. Andrews State Park Minutes to Shell Island, boat ramps, marinas, and waterfront dining A rare combination of location, convenience, Gulf-front views, and spacious design. All information deemed reliable but not guaranteed. Buyer to verify.

5004 Thomas Drive, Unit 112 | MLS# 786905

This condo located at 5004 Thomas Drive, Unit 112, Panama City, FL 32408 is currently listed for sale with an asking price of $899,000. This property was built in 2005 and has 3 bedrooms and 2 full baths with 1950 sq. ft. Thomas Drive, Unit 112 is located in the Treasure Island Resort subdivision. Search Treasure Island Resort real estate on www.realtymarkllc.com today.

Property Features

Property Type: Residential - Condominium
Cooling: Central Air, Ceiling Fan(s)
Garage: 1
Heating: Central
Home Style: High Rise
Taxes: $10,699
Year Built: 2005

Amenities

Barbecue
Outdoor Shower

Feature Descriptions

Appliances: Washer/Dryer Stacked, Electric Range, Electric Water Heater
Association Amenities: Other, See Remarks, Beach Rights, Gated, Gazebo, Barbecue, Picnic Area
Building Features: Dumpster
Community Features: Beach, Elevator, Park, Pool, Waterfront, Barbecue, Community Pool, Short Term Rental Allowed
Days on Site: 30
Laundry: Stacked
Parcel#: 31437-111-000
Parking: Additional Parking
Parking Notes: Additional Parking
Patio/Porch: Covered, Patio
Pool: In Ground, Community
Security: 24 Hour Security
Sewer: Public Sewer
Special View Info: Gulf
Utilities: Electricity Available, High Speed Internet Available
Waterfront: Gulf

Room Sizes

Living Room: 25 X 25 Level - First
Dining Room: 13 X 10 Level - First
Kitchen: 15 X 14 Level - First
Bedroom: 11 X 10 Level - First
Bedroom: 11 X 11 Level - First
Primary Bedroom: 15 X 14 Level - First

Local Schools

High School: Arnold
Middle School: Surfside
Elementary School: Patronis

Listed By / Shown By

Listed By

Agency Name: Keller Williams Realty Emerald

Shown By

Agency Title: RealtyMark
Agency Phone: 888-240-0600

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Estimated Payment

$ 3,154.58 per month $2,000.78 Principal & Interest $891.58 Property Tax $262.21 Homeowner's Insurance

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All commissions are negotiable Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/17/2026. The listing information on this page last changed on 04/17/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 04/17/2026 12:54:33 AM EST) or Stellar MLS (last updated Fri 04/17/2026 12:44:11 AM EST) or GSMLS (last updated Fri 04/17/2026 12:24:10 AM EST) or Emerald Coast MLS (last updated Fri 04/17/2026 12:05:32 AM EST) or Central Panhandle Association of Realtors (last updated Fri 04/17/2026 12:47:19 AM EST) or Beaches MLS (last updated Fri 04/17/2026 12:47:20 AM EST) or Naples MLS (last updated Thu 04/16/2026 11:41:16 PM EST) or Bright MLS (last updated Thu 04/16/2026 7:53:33 PM EST) or OneKey MLS (last updated Fri 04/17/2026 12:49:37 AM EST). Real estate listings held by brokerage firms other than RealtyMark may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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