Rarely available--walk straight from your condo to the pool and

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Condo For Sale

5004 Thomas Drive unit: 112

Panama City, Florida 32408

Bay County

Waterfront: Yes

Community: Treasure Island Resort

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$899,000 3 br, 2.0 bath 1950 sq. ft. 0.000 acres

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.

Interior:
  • Bedrooms: 3
  • Baths: 2.0
  • Sq Ft: 1950
  • Year Built: 2005
  • Utilities: 
  • Fireplaces: 
  • Stories: 
  • Heat/AC: Central
  • Garage: 
Exterior:
  • Lot Size: 0.000 acre
  • Lot Dimensions: 
  • Waterfront: Yes
  • View Types: 
  • Yard: 
  • Siding: 
  • Roof: 
  • Property Taxes: $10,699
  • MLS #: 786905
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Contact Information:
Beach Condo For Sale in Panama City, Florida
Listing Agent: Mary L Tisdale, Keller Williams Realty Emerald Coast, 850-866-8867, 850-654-2900 Listing Site, Listing Status: Active
Copyright © 2026 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 7430597
Viewed 9 times.
Updated: Mar 17, 2026

This property is a Condo located at 5004 Thomas Drive unit: 112, Panama City, Florida 32408, and is currently For Sale at $899,000. This Condo has 3 bedrooms, 2.0 baths, 1950 sq ft.