Sold

5004 Thomas Drive, 2205

Panama City Beach FL, 32408

$645,000


$470.80 per sqft

Sold

2 Beds

2 Baths

1,370 sqft

Condos

Built in 2005

UNDER CONTRACT WITH CONTINGENCIES; SELLER ACCEPTING BACKUP OFFERS.
$40,000 PRICE REDUCTION! MOTIVATED SELLER!
LOWEST PRICED CONDO IN TREASURE ISLAND.
THIS TREASURE ISLAND RESORT CONDO IS PRICED TO SELL! THE LAST TWO SALES IN THIS FLOOR PLAN WERE $707,777 AND $705,000! This condo is loaded with upgrades, and comes fully furnished. Enjoy the best view of the entire beach from your spacious 270 square foot balcony (one of the largest balconies on the Emerald Coast). Because of the orientation of this complex you can see all of Panama City Beach. This condo comes with a reserved parking space. The projected rental revenue on this condo is $51,588 per year and the owner has meticulously maintained the condo and pride of ownership is exhibited in every square inch. This amazing condo features 2 bedrooms, 2 bathrooms, and an expansive 1370 square feet, and easily sleeps 8. The open floor plan flows seamlessly from room to room.

The kitchen faces the living room and is perfect for a communal setting where family and friends can gather.
The oversized kitchen has plenty of space to add an island, and the dining area is very large 6-seater table. The primary en-suite master bedroom features gulf-front views, balcony access, a double-vanity in the bathroom, separate water closet, and a walk-in closet. This location is phenomenal and on the quieter east end of the beach. Close to entertainment, shopping, and restaurants. Walk next door to Schooner's (a local favorite!) for a beachside meal! Extra wide golf cart path down to the state park, even close enough to ride your bike!

You can use this as a personal vacation home or as a vacation rental for an opportunity to earn amazing rental income. Amenities include a pool (heated in the winter months), hot tub, fitness center, gazebos, an owner's lounge and a parking garage. This awesome condo will not last long, call TODAY!

910869

MLS ID

February 8, 2023

Listed

November 22, 2024

Updated

Map

5004 Thomas Drive, 2205
Panama City Beach FL, 32408

Interior Features

Bedrooms

2


Total Bathrooms

2


Full Bathrooms

2


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central

Exterior/Building Features

Architectual Style

N/A

School Information

High School

Arnold


Elementary School

Patronis

Other Property Details

Area Name

27 - Bay County


Days on Market

108


Association Fee

$1,220


Association Fee Frequency

Quarterly


Garage

Yes


View

Yes


View Description

Gulf


County

Bay


Pool

No


Pool Features

Pool Type


Waterfront

Yes

Courtesy of Keller Williams Realty Emerald Coast, Mike Herring,
Listing Contact:  

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