Coastal Luxury at Treasure Island Resort - Ground Floor Gulf-Front PenthouseExperience 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 showerAssigned, covered garage parkingDirect pool and beach access--no stairs or elevator necessaryResort amenities: Heated pool (seasonal), hot tub, grilling area, fitness center, and a community roomThis 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.
Property Features
Appliances
- WasherDryerStacked
- Dishwasher
- ElectricRange
- ElectricWaterHeater
- Disposal
- Microwave
- Refrigerator
- Laundry Features: Stacked
Bedrooms
- Bedrooms: 3
- Primary Bedroom Dimensions: 15' x 14'
- Bedroom 1 Dimensions: 11' x 10'
- Bedroom 2 Dimensions: 11' x 11'
- Primary Bedroom Level: First
- Bedroom 1 Level: First
- Bedroom 2 Level: First
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Interior Features
- BreakfastBar
- RecessedLighting
- SplitBedrooms
- Door Features: StormDoors
- Window Features: DoublePaneWindows, StormWindows
Heating and Cooling
- Cooling Features: CentralAir, CeilingFans, Electric
- Heating Features: Electric
- Heating: Yes
- Ceiling Fans: Yes
Kitchen and Dining
- Dining Room Dimensions: 13' x 10'
- Dining Room Level: First
- Kitchen Dimensions: 15' x 14'
- Kitchen Level: First
Other Rooms
- Living Room Dimensions: 25' x 15'
- Living Room Level: First
Exterior and Lot Features
- BuiltInBarbecue
- Balcony
- Fencing: Full
- Patio And Porch Features: Balcony, Covered, Porch
- Road Frontage Type: CityStreet
- Road Surface Type: Paved
- Porch: Yes
Pool and Spa
- Pool Features: Community, ElectricHeat, InGround, Pool
Waterfront and Water Access
- Gulf
- ShorelineSand
- Waterfront
Land Info
- Lot Description: Waterfront
- Lot Size Dimensions: oxo
Garage and Parking
Home Features
- View: Gulf
- Security Features: BuildingSecurity, GatedCommunity, SmokeDetectors
Homeowners Association
- Association: Yes
- Association Amenities: BeachRights
- Association Fee: 3666
- Association Fee Frequency: Quarterly
- Association Fee Includes: CableTv, LegalAccounting, MaintenanceGrounds, PestControl, Pools, Trash, Water
- Calculated Total Monthly Association Fees: 1222
School Information
- Elementary School: Patronis
- High School: Arnold
- Middle School: Surfside
Amenities and Community Features
- Community Features: Barbecue, Beach, ShortTermRentalAllowed, Waterfront, Gated, Pool
Other Property Info
- Annual Tax Amount: 11136
- Source Listing Status: Active
- County: Bay
- Directions: From Hathaway Bridge, left on Thomas Drive, complex is on the left just past the Big Curve. Just east of Schooners.
- Tax Year: 2023
- Source Property Type: Residential
- Area: 03 - Bay County - Beach
- Property Subtype: condo
- MLS Area Minor: 0323 - Beach - South of Grand Lagoon
- Source Neighborhood: Treasure Island Resort
- Parcel Number: 31437-111-000
- Postal City: Panama City Beach
- Property Location: Dedicated Beach,Deeded Access,Near Beach Access,Near Public Boat Ramp,Subdivision - Recorded,Waterfront,Within 1/2 Mile to Water
- Subdivision: Treasure Island Resort
- Zoning Description: Resid Multi-Family
- Property Subtype: Condominium
Building and Construction
- Total Square Feet Living: 1950
- Year Built: 2005
- Construction Materials: Concrete
- Entry Level: 1
- Living Area Source: Appraiser
- Property Age: 20
- Architectural Style: HighRise
Utilities
- CableConnected
- WaterConnected