ParkingAssigned, Attached, Detached, Garage, Parking Lot
Attached Garage1 space
Year Built2005
HeatingCentral
CoolingCentral Air, Ceiling Fan(s)
WaterfrontGulf, Waterfront
ViewGulf
MLS #761407
StatusActive
About 5004 Thomas Dr Unit 1707
An Epic PCB Opportunity. Discover a RARE gem at the east end of Thomas Drive - a middle condo on the 17th floor with ICONIC Gulf Views at Treasure Island Resort. Enjoy the convenience of your private parking space and walking straight off the elevator directly into your condo. Simply walk straight into paradise at 5004 Thomas Drive, Unit 1707. This breathtaking, fully renovated condo comes fully furnished and equipped with all the bells and whistles for a perfect home, vacation getaway, or investment property. Completely redecorated & redesigned, this stunner features new furniture, artwork, and stunning decor throughout the 2-bedroom, 2-bath gem AND just newly painted! Both bedrooms feature king beds with new mattresses, and there's a bonus set of bunk beds built into the wall with a ladder, accommodating up to eight guests to maximize space and rental income. The open-concept kitchen boasts beautiful granite countertops, updated kitchen appliances, and everything you need for cooking -- truly turnkey at its finest. Treasure Island Resort Condominium is near St. Andrews State Park on the east end of Panama City Beach. This area is filled with great local restaurants and outdoor activities, making it the ideal place to vacation, live, or both. Life is meant to be experienced, and Treasure Island, Unit 1707, is the epitome of just that!
Property Details
Property Features
Property Information:
Architectural Style: High Rise
Year Built: 2005
Living Area: 1,370 SqFt
Listing Office:
Office Name: Counts Real Estate Group Inc
Interior Features
Interior Information:
Appliances: Dryer, Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Microwave, Refrigerator, Range Hood, Washer
Interior: Kitchen Island, Recessed Lighting
Bedroom and Bathroom Information:
Full Bathrooms: 2
Total Bedroom Count: 2
Exterior Features
Exterior Information:
Waterfront: Gulf, Waterfront
View: Gulf
Exterior: Balcony, Deck
Parking Information:
Garage Space: 1 space
Attached Garage: Yes
Parking: Assigned, Attached, Detached, Garage, Parking Lot
Lot Features
Lot Information:
Lot: Landscaped, Waterfront
Utilities
Utilities Information:
Heating: Central
Cooling: Central Air, Ceiling Fan(s)
School Info
Assigned Schools Information:
J.R. Arnold High School, Public District Grades 9-12
Surfside Middle School, Public District Grades 6-8
Patronis Elementary School, Public District Grades PK-5
Other
Directions Information:
Directions: When coming from the Hathaway Bridge, Treasure Island will be on the left after initial right turn onto south end of Thomas Drive.
Price Information
Listing Price Info
Price Summary:
List Price: $650,000
Price Per SqFt: $474/SqFt
HOA Fees:
Amount: $2575
Frequency: Quarterly
Tax Information:
Annual Amount: $4,069
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Panama City, FL.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$4,170
Per Month
Principal & Interest
$3,245
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$858
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$2,015
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
7
/10
Patronis Elementary School
7400 Patronis Dr
Distance between this listing and this school2.15 miles
Public District Grades PK-5
Middle School
5
/10
Surfside Middle School
300 Nautilus St
Distance between this listing and this school7.58 miles
Public District Grades 6-8
High School
5
/10
J.R. Arnold High School
550 N Alf Coleman Rd
Distance between this listing and this school5.70 miles
Public District Grades 9-12
Assigned Schools
7
/10
Patronis Elementary School
7400 Patronis Dr
Distance between this listing and this school2.15 miles
Public District Grades PK-5
Nearby Schools
9
/10
University Academy (Sabl, Inc.)
4750 Collegiate Dr
Distance between this listing and this school3.86 miles
Public Charter Grades KG-4
1
/10
St. Andrew School
3001 W 15th St
Distance between this listing and this school3.87 miles
Public District Grades PK-5
Assigned Schools
5
/10
Surfside Middle School
300 Nautilus St
Distance between this listing and this school7.58 miles
Public District Grades 6-8
Nearby Schools
6
/10
Breakfast Point Academy
601 North Richard Jackson Blvd
Distance between this listing and this school4.99 miles
Public District Grades PK-8
7
/10
North Bay Haven Charter Academy Middle School
1104 Balboa Ave
Distance between this listing and this school5.11 miles
Public Charter Grades 6-8
Assigned Schools
5
/10
J.R. Arnold High School
550 N Alf Coleman Rd
Distance between this listing and this school5.70 miles
Public District Grades 9-12
Nearby Schools
9
/10
North Bay Haven Career Academy
1104 Balboa Ave
Distance between this listing and this school5.11 miles
Public Charter Grades 9-12
7
/10
Bay Virtual Franchise
1311 Balboa Ave
Distance between this listing and this school5.13 miles
The neighbors living near this home have an average income of $41,776. Most Panama City, FL residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 5004 Thomas Dr Unit 1707
What is the listing price of this property?
The listing price of 5004 Thomas Dr Unit 1707 property is $650,000.
What type of property is this?
The property 5004 Thomas Dr Unit 1707 is a condo located in Panama City Beach, Florida, 32408.
Is this property for sale now?
Active Listing: 5004 Thomas Dr Unit 1707 is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 5004 Thomas Dr Unit 1707 are: Patronis Elementary School: GreatSchools Rating 7/10Surfside Middle School: GreatSchools Rating 5/10J.R. Arnold High School: GreatSchools Rating 5/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $4,069 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on August 19, 2005 for $383,600. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 5004 Thomas Dr Unit 1707 has 2 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 5004 Thomas Dr Unit 1707 is 1,370 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 5004 Thomas Dr Unit 1707 is 2005.
This home is located at 5004 Thomas Dr Unit 1707 in Panama City Beach, FL and zip code 32408 in the Gulf Lagoon Beach neighborhood. This 1,370 square foot home was built in 2005. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 16, 2024 and is currently priced at $650,000.
In October 2024 more than 16 listings in Panama City, FL were sold above the asking price. During the same period more than 40 listings were sold at asking price, while more than 138 were sold below. The number of homes for sale in Panama City, FL decreased by 1.7% between September 2024 and October 2024. In October 2024, listings were on the market for 77 days. During the same period, the median list price in this real estate market was $339,477.
From Rocket Homes Real Estate and based on county public records data.