NOT LISTED FOR SALE

Regency Towers 5801 Thomas Dr Unit 121 Panama City Beach, FL 32408

Lower Grand Lagoon Area

Estimated Value: $488,000 - $495,000

3 Beds
2 Baths
1,372 Sq Ft
1975 Built

Sale Details

Date Sold: May 12, 2026

Last sale price $495,000 $361 Per Sq Ft

Current estimated payment $3,158 / mo

Highlights

  • Beach
  • Property fronts gulf or ocean
  • Fitness Center
  • Patronis Elementary School Rated A-
  • Deeded access to the beach
  • 3-minute walk to Regency Towers Dog Run

About This Home

As of May 2026

Welcome to paradise at Regency Towers 121! This coveted first-floor condo offers the ultimate in beachfront living, with direct access to the courtyard area just steps from the pool, tiki bar, and grill. And with the sugar-white sands and emerald-green waters of the Gulf of Mexico just a few more steps away, you'll be living the coastal lifestyle you've always dreamed of. Inside, you'll find three full bedrooms and two full bathrooms, providing plenty of space for family and guests to relax and unwind. A full-size washer and dryer inside the condo make laundry a breeze, while the fully updated kitchen boasts stainless appliances and quartz counters, perfect for preparing meals and entertaining. The master bedroom and family room feature a closed-in patio overlooking the Gulf where you

Last Agent to Sell the Property

Bubba McCants

EXP Realty LLC License #3062634 Listed on: 04/23/2026

EXP Realty LLC

Last Buyer's Agent

Larell Paradise

Christies International Real Estate Emerald Coast License #3471148

Christies International Real Estate Emerald Coast
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,248

Year Built

  • Built in 1975

Lot Details

  • Property fronts gulf or ocean

Home Design

  • Flat Roof Shape
  • Membrane Roofing
  • Piling Construction
  • Stucco

Interior Spaces

  • 1,372 Sq Ft Home
  • Ceiling Fan
  • Window Treatments
  • Living Room
  • Washer

Kitchen

  • Breakfast Bar
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Shower

Pool

  • In Ground Pool
  • Outdoor Shower
  • Spa

Outdoor Features

  • Deeded access to the beach
  • Built-In Barbecue

Schools

  • Patronis Elementary School
  • Surfside Middle School
  • Arnold High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • No Short Term Rentals Allowed
  • Assessor Parcel Number 32382-004-000

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include accounting, legal, management, security, sewer, cable TV, trash
  • Regency Towers Subdivision

Recreation

  • Beach
  • Exercise Course

Additional Features

  • Meeting Room
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,248

Year Built

Built in 1975

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: REGENCY TOWERS
  • Directions: From Hathaway Bridge, left on Thomas Drive. Complex is on the left past the Big Curve.
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Year Built: 1975
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Waterfront:Gulf: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Stove/Oven Electric, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Floor Tile, Floor WW Carpet
  • Interior Amenities: Breakfast Bar
  • Window Features: Window Treatment All
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Tile: Yes
  • Interior:Floor WW Carpet: Yes
  • Interior:Window Treatment All: Yes

Exterior Features

  • Pool Features: Pool - In-Ground, Pool Type
  • View: Gulf
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Construction Type: Stucco
  • Exterior Features: BBQ Pit/Grill, Hot Tub, Shower
  • Foundation Details: Foundation On Piling
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Stucco: Yes
  • ConstructionSiding:Foundation On Piling: Yes
  • Exterior:Shower: Yes
  • Exterior:Hot Tub: Yes
  • Exterior:Pool - In-Ground: Yes
  • ConstructionSiding:Roof Membrane: Yes
  • Exterior:BBQ PitGrill: Yes
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

  • General Property Info:Garage2: No

Utilities

  • Cooling: Ceiling Fans, Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electric, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Short Term Rental - Not Allowed, Beach, Community Room, Deed Access, Dumpster, Exercise Room, Gated Community, Pool, TV Cable
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Legal, Management, Security, Sewer, Cable TV, Trash

Schools

  • Elementary School: Patronis
  • High School: Arnold
  • Middle Or Junior School: Surfside

Lot Info

  • Parcel #: 32382-004-000

Tax Info

  • Tax Annual Amount: 5247.82
  • Tax Year: 2025

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2026
Closed on
May 12, 2026
Sold by
Paul Freund and April Freund
Bought by
Seller's Agent
Bubba McCants
EXP Realty LLC
Buyer's Agent
Larell Paradise
Christies International Real Estate Emerald Coast
List Price
$499,000
Sold Price
$495,000
Premium/Discount to List
-$4,000
-0.8%
Views
1
Current Estimated Value
$493,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,952
Avg. Annual Appreciation
-1.98%

Purchase Details

Closed on
Apr 17, 2023
Sold by
Thomas Sam E and Thomas Doris D
Bought by
Freund Christopher and Freund April

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 2020
Sold by
Peck Lori S and Guillot Celeste S
Bought by
Thomas Sam E and Thomas Doris D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 2011
Sold by
Sharpe Fran S and Davis Fran Sharpe
Bought by
Guillot Celeste S and Peck Lori S
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Panama City Beach, FL

  • Kerry Jackson Real Estate Agent - LPT Realty LLC

    Kerry Jackson

    LPT Realty LLC

    (850) 788-2376

    74 Total Sales

    2 in Lower Grand Lagoon

    $579,900 Price Range

    Kerry Jackson
     Section Image
  • Scott Seidler Real Estate Agent - Keller Williams Success Realty

    Scott Seidler

    Keller Williams Success Realty

    (850) 771-1738

    136 Total Sales

    17 in Lower Grand Lagoon

    $160K - $1.9M Price Range

    Scott Seidler
     Section Image
  • Bridgett Hall-Cotton Real Estate Agent - A List Beach Realty LLC

    Bridgett Hall-Cotton

    A List Beach Realty LLC

    (850) 788-2636

    48 Total Sales

    2 in Lower Grand Lagoon

    $1,320,000 Price Range

    Bridgett Hall-Cotton
     Section Image
  • Donna Stokes Real Estate Agent - Top Producers Real Estate Group

    Donna Stokes

    Top Producers Real Estate Group

    (850) 771-3562

    18 Total Sales

    1 in Lower Grand Lagoon

    $225,000 Price

    Donna Stokes
     Section Image
  • Justin Cater Real Estate Agent - EXP Realty LLC

    Justin Cater

    EXP Realty LLC

    (850) 818-3040

    73 Total Sales

    18 in Lower Grand Lagoon

    $150K - $945K Price Range

    Justin Cater
     Section Image
  • Alexandra Gavrilash Real Estate Agent - Counts Real Estate Group Inc

    Alexandra Gavrilash

    Counts Real Estate Group Inc

    (850) 788-2301

    13 Total Sales

    6 in Lower Grand Lagoon

    $460K - $1.5M Price Range

    Alexandra Gavrilash
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$495,000 South Oak Title
Freund Christopher $610,000 None Listed On Document
Thomas Sam E $269,000 Rodgers Kiefer Title
Guillot Celeste S -- Attorney
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $440,000
Previous Owner Thomas Sam E $200,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/12/2026 05/12/26 Sold $495,000 -0.8% $361 / Sq Ft
04/23/2026 04/23/26 Pending -- -- --
04/23/2026 04/23/26 For Sale $499,000 -- $364 / Sq Ft
Source: Emerald Coast Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,248 $423,611 $423,611
2024 $4,952 $484,500 $484,500
2023 $4,952 $321,277 $0 $484,500
2022 $4,384 $292,070 $0 $0
2021 $3,224 $265,518 $0 $265,518
2020 $2,500 $205,912 $0 $205,912
2019 $2,265 $180,625 $0 $180,625
2018 $2,700 $212,500 $0 $0
2017 $2,739 $214,200 $0 $0
2016 $2,915 $215,985 $0 $0
2015 $2,829 $196,350 $0 $0
2014 $2,393 $178,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bubba McCants Real Estate Agent - EXP Realty LLC

    Seller's Agent in 2026

    Bubba McCants

    EXP Realty LLC

    (850) 624-8433

    77 Total Sales

    Bubba McCants
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  • Larell Paradise Real Estate Agent - Christies International Real Estate Emerald Coast

    Buyer's Agent in 2026

    Larell Paradise

    Christies International Real Estate Emerald Coast

    (850) 775-7617

    58 Total Sales

    Larell Paradise
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About Regency Towers

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 1001322

Emerald Coast Association of REALTORS®

APN: 32382-004-000

Florida Bay County Panama City Beach 32408

5801 Thomas Dr Unit 121, Panama City Beach, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Emerald Coast Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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