3600 Thomas Drive # C104
Panama City, FL, 32408 $ 249,900
Bedrooms1 Baths1.0 Sq 656 Monthly Estimate*
$ 1,539
for $249,900 with 1 bedroom and 1 full bath. This 656 square foot condo was built in 1985.
Experience classic Panama City Beach waterfront living in this beautifully updated 1-bedroom, 1-bath Treasure Cove condominium, affectionately known as “Crabby Lagoon.” Nestled on Grand Lagoon along Thomas Drive, this first-floor unit offers peaceful views of the community pool, dock, and lagoon—just under one mile from the white sandy beaches and Public Access #5. Step inside to a space that feels brand new. The interior features fresh paint and a fully renovated bathroom complete with a stunning tiled walk-in shower, new vanity, toilet, sink, updated exhaust/light, and new tile flooring. The kitchen is equipped with 2022 stainless steel appliances, and the unit includes a dual washer/dryer, 2019 HVAC, new balcony ceiling, balcony shade, electric blinds, and a stylish barn door added to the hall closet. Some furnishings convey, including a brand-new king adjustable bed with headboard and platform, making this an easy turnkey option for personal use or rental income. Treasure Cove offers a well-maintained community pool, clubhouse, and a dock with overnight boat mooring allowed—a rare perk in this price point. The unit is currently on the short-term rental program with Real Joy Vacation Rentals. This small, quiet condo community sits close to restaurants, marinas, and attractions, yet remains tucked away from the busiest parts of the beach. The condominium complex has passed all new state condo safety regulations, offering added peace of mind.
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FeaturesGeneralLiving Area 656.0
Heating Central Electric
Cooling AtticFan CentralAir Electric
Appliances Dryer Dishwasher Microwave Oven Range Refrigerator Washer
HOA Fee 5595.0
Association Fee Includes Clubhouse CommonAreas CableTv Insurance MaintenanceGrounds MaintenanceStructure PestControl Pools Trash Water
Patio/Porch Features Covered Porch
Architectural Style Traditional
Pool Features Community
Construction Materials Masonite
Year Built 1985
View Canal
Unit Number C104
Property Subtype Condominium
Waterfront Features CanalAccess
Community Features StreetLights Sidewalks
County Bay
New Construction N
Property Type Residential
HOA N
Attached Garage N
Subdivision Name TREASURE COVE CONDOMINIUM
Garage Y/N N
Full Baths 1
Special Listing Conditions Standard
Status Active
Directions Panama City Beach Thomas Dr Across Grand Lagoon Bridge Condos on Right Bldg C Unit 104C
High School OTHER COUNTY
City Panama City
Senior Community Y/N N
MLS Area Other
Carport Y/N N
Listing Terms Conventional
Elementary School OTHER COUNTY
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Middle/Junior High School OTHER COUNTY
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Tax Lot 0
Property Sub Type Additional Condominium
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InteriorInterior Amenities WindowTreatments
Flooring Bamboo Tile
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Total Bedrooms 1
Total Baths 1
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ExteriorParking Features ParkingSpaces
Spa N
Building Area Total 656.0
Lot Size Acres 0.0
Road Surface Type Paved
Private Pool N
Waterfront Y/N Y
Crops Included Y/N N
Road Responsibility PublicMaintainedRoad
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $1,539
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCondo listings in Panama City, FL
Average List Price $487,425
Percent of Sale Price 95%
About Panama City, FL 38,561 Population
6% Since 2002
$ 39,211 Median Income
40.13 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
418852 Elementary School
418923 Middle School
Other County High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 1/31/2026 | $249,900 | | Listed Price |