pending Listed As-Is

5004 Thomas Drive 1212, Panama City, FL 32408

$880,000

Reduced $50,000 from the original list price of $930,000

3Beds
2Baths
1,950Sq Ft
12Floor
2005Year Built
$995.94/moHOA
On site 172 days — 164 days cumulative across relistings
See the full building guide Treasure Island →

Details

Gulf front · Fully furnished · Short-term rental allowed

HOA Dues Include

  • AssociationManagement
  • CableTv
  • FitnessFacility
  • Insurance
  • Internet
  • LegalAccounting
  • MaintenanceGrounds
  • PestControl
  • Pools
  • Sewer
  • Security
  • Trash
  • Water

Nearby Schools

ElementaryPatronis
MiddleSurfside
HighArnold

Property Details

Gulf, sand shoreline and water view · block, concrete, stucco construction · additional parking, community parking structure parking · Currently occupied

About This Home

***CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS***3BR/2BA Gulf-front condo in Treasure Island, Panama City Beach. West-end corner unit with wraparound views. 1,950 SF, $930K, STR allowed. If Gulf views are a priority, this west-end corner unit at Treasure Island delivers one of the widest and most dynamic perspectives along Panama City Beach. Located in a 23-story Gulf-front building, Unit 1212 is positioned to take advantage of the natural curve of the coastline, offering extended sightlines down the beach toward Walton County and even Sandestin on clear days. This is a 3-bedroom, 2-bath condominium with approximately 1,950 square feet, built in 2005, listed at $880,000, and short-term rentals are allowed. The interior layout is designed around those views. As you enter, the unit opens into a main living, dining, and kitchen area where floor-to-ceiling windows frame the Gulf and bring in natural light throughout the day. The kitchen offers generous workspace with abundant cabinetry, a pantry, and a breakfast bar with seating. A separate dining area and breakfast nook provide flexibility for everyday use or larger gatherings, consistent with the original design intent. Tile flooring runs throughout the unit for durability and ease of maintenance, and crown molding accents the main living areas. The primary suite is positioned on the Gulf side with balcony access, a walk-in closet, and an oversized bathroom featuring double vanities and a walk-in shower. Two additional bedrooms each have their own balcony access and offer a combination of inland and water views. A dedicated laundry room includes space for full-size washer and dryer along with additional storage and the water heater. The building includes secured garage parking with multiple levels, one assigned parking space and additional parking available. Monthly HOA dues of approximately $995 cover water, sewer, internet, cable, insurance, maintenance, security, and access to amenities. Treasure Island amenities include a Gulf-front pool heated in cooler months, hot tubs, expansive sun decks, direct beach access, a fitness center, community spaces, and on-site management and rental services. The covered entrance allows for convenient loading and unloading in all weather conditions. Located on Thomas Drive on the east end of Panama City Beach, this property offers proximity to local dining, marinas, shopping, and outdoor recreation. Public beach access, boating, and nearby state park amenities contribute to the overall usability of the location for both owners and guests. COST TO OWN 2025 Electric Bill Average was $91 per month 2025 Homeowners Insurance was $762 year 2025 Property Taxes were $10,112 2026 Homeowners Association Condo Fee is $2,987.82 paid quarterly. EASY TO SHOW VACANT ***The Baby Grand Piano Does NOT Convey with purchase of the unit***

Interior, Amenities & More

Interior Features: Balcony, Double Vanity, Main Level Primary, Walk In Closets

Appliances: Electric Oven, Electric Range, Electric Water Heater

Association Amenities: Beach Rights, Barbecue, Spa Hot Tub

Pool: Gas Heat, In Ground, Community

Security: Secured Garage Parking, Security Service

Heating: Central, Electric

Cooling: Central Air, Ceiling Fans

Architectural Style: High Rise

Square Footage Source: Appraiser

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Ask About This Listing

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Call (850) 866-1149

Listed by Greg B Taylor, Counts Real Estate Group Inc · gregory.taylor@countsrealestate.com

Equal Housing Opportunity
Equal Housing
Opportunity
Listing data provided by: Central Panhandle Association of Realtors (CPAR) Information deemed reliable but not guaranteed. The information is provided exclusively 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.
Brokerage: Century 21 AllPoints Realty, licensed real estate broker.