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.