5004 Thomas 112 DR #112 Active Save Request In-Person Tour Request Virtual Tour
Panama City Beach,FL 32408
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Subdivision Treasure Island Resort
MLS Listing ID 761270
Style High Rise
Bedrooms 3
Full Baths 2
Year Built 2005
Annual Tax Amount $11,136
Tax Year 2023
Property Sub-Type Condominium
Property Description
Coastal Luxury at Treasure Island Resort - Ground Floor Gulf-Front Penthouse
Experience coastal living at its finest with this beautifully appointed, ground-floor penthouse unit in the highly sought-after Treasure Island Resort. This fully furnished 3-bedroom, 2-bath condo offers stunning Gulf views and is projected to generate over $100K in annual rental income. The unit stays booked solid, so showings are best on turn days—typically Saturdays after 2 PM.
A rare and valuable feature of the ground-floor units is the private balcony gate, providing direct access to the pool deck, hot tub, and beach—no elevator needed. Inside, you'll find an open-concept living, kitchen, and dining area filled with natural light thanks to oversized picture windows and floor-to-ceiling sliding glass doors.
The Gulf-front primary suite includes private balcony access, a spacious en suite bath with double vanities, a separate walk-in shower, water closet, and large closet. Both guest bedrooms accommodate king beds and also feature private balcony access via sliding glass doors—ideal for guests or family.
Additional highlights include:
Private balcony rinse-off shower
Assigned, covered garage parking
Direct pool and beach access—no stairs or elevator necessary
Resort amenities: Heated pool (seasonal), hot tub, grilling area, fitness center, and a community room
This is turnkey luxury with strong rental potential and unbeatable convenience. Don't miss your chance to own one of the best-positioned units in Treasure Island.
Location
State FL
County Bay
Community Beach,Waterfront,Barbecue,Gated
Area 03 - Bay County - Beach
Interior
Heating Electric
Cooling Central Air,Ceiling Fan(s)
Flooring Tile
Laundry Stacked
Exterior
Exterior Feature Balcony
Parking Features Paved
Fence Full,Fenced
Pool Electric Heat,In Ground
Community Features Beach,Waterfront,Barbecue,Gated
Utilities Available Cable Connected,Electricity Available,Water Connected
Amenities Available Beach Rights,Beach Access,Boat Ramp
Waterfront Description Gulf,Shoreline - Sand,Waterfront
View Y/N Yes
View Gulf
Building
Lot Description Subdivision,Waterfront,Paved
Sewer Sewer Tap Paid
New Construction No
Schools
Elementary Schools Patronis
Middle Schools Surfside
High Schools Arnold
Others
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Listed As-Is