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Harrison Lilly

Owner/Operator | Harrison Lilly Emerald Coast | Harrison Lilly Realty | PLACE

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5004 Thomas Dr Unit 1212 , Panama City, FL 32408
$880,000
Est. Payment: $4,463.19/mo
3 Bed
2 Bath
1950 Sqft
Status: active | Days on site: 156
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Harrison Lilly
Owner/Operator

House Description

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***

Highlights

Listed by Greg B Taylor , 850-896-4173 and Cindy Morehouse , 850-822-1055 Counts Real Estate Group Inc , 850-249-3615. Bay County Association of REALTORS

Property Type

Condo/Townhome

HOA Fee

995.94 Monthly

Year Built

2005

County

Bay

Area

03 - Bay County - Beach

Neighborhood

Treasure Island Resort

Listing ID

786919

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:3
  • Bathrooms:2
  • Full Bathrooms:2
Appliances:Electric Oven, Electric Range, Electric Water Heater
Air Cond:Central Air,Ceiling Fan(s)
Fireplaces:
Other:
  • Additional:Balcony, Double Vanity, Main Level Primary, Walk-In Closet(s)

Exterior Features

Lot:Paved
Lot Dimensions:0x0
Zoning:Resid Multi-Family
Roof:Flat
Sewer:Public Sewer
Parking Features:Additional Parking,Community Structure
Principal Interest
$4,463
Taxes
$878
HOA
$996

Home Price

$880,000

Loan Details

30 yrs
6.529%

Down Payment

20%
$176,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$4,463.19

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $4,463.19 $877.75 $995.94 $6,336.88
Yearly $53,558.33 $10,533.00 $11,951.28 $76,042.61
Total $1,606,749.83 $315,990.00 $358,538.40 $2,281,278.23

Today's Rates

30 Year

6.53%

20 Year

6.33%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Panama City, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bay County Association of REALTORS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-20T06:33:19.000Z

© 2026 Bay County Association of REALTORS