$435,000

Regency Towers 5801 Thomas Dr Unit 1216 Panama City Beach, FL 32408

Estimated payment $3,697/month

Total Views 4,110
2 Beds
2 Baths
1,144 Sq Ft
$380 Price per Sq Ft

Highlights

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

About This Home

STUNNING GULF VIEWS, NEWLY RENOVATED INTERIOR, GULF FRONT MASTER BR, & ON TRACK TO DO $40K RENTALS THIS YEAR SET THIS CONDO APART! Wish Life could be a VACATION!?! THIS IS IT... Spectacular Gulf Front Living in this Beautifully Updated Open Concept Condo w/Laundry Room is Ready For YOU! Sit on the Balcony & feel the stress melt away as you enjoy the tranquility of watching a breathtaking Sunset against the glistening turquoise water & white sand beach directly below you! Sold Fully Furnished & TURN KEY, this could be your next home, 2nd home, or Vacation Rental Investment. From the moment you step inside, enjoy classic coastal styling in the updated kitchen w/beautiful quartz counters, premium tile backsplash & updated white cabinets. (MORE) Wood-look tile floors flow effortlessly throughout the unit & updated Light fixture add to the beauty & charm. Wake each morning to sprawling gulf views & direct balcony access from your spacious Master Suite located on the south side of the unit. The private, en suite, Master Bathroom has been updated with a Walk-in Shower & Quartz top Vanity. On the opposite side of the condo is an additional, well sized, Guest Bedroom, that could be maximized for additional guests. The unit also offers a 2nd Full Bathroom with a Tub/ Shower & updated Quartz top Vanity. The updated furnishings will appeal to owners & rental guests, helping to optimize rental investment income. The unit also features laundry area with Washer & Dryer included. For added Peace of Mind, HVAC was replaced in 2018 & Hot Water Heater was replaced in 2024.

Resort amenities abound within the Private Gated Beach Front Community of Regency Towers. Go Play at one of the two massive Beach Front POOLS (one seasonally heated)! Relax in the interior Hot Tub, or catch a workout in the Fitness Center. Enjoy a game of pool with friends or family in the game room. Better yet, spend your day relaxing in the sun & playing on the world's prettiest beach! There is also overflow parking across the street that can be utilized through the HOA for oversized parking needs. The complex is located within close proximity to great restaurants, shopping, & plenty of entertainment for the whole family! Don't let Life Pass You By... Make your Dreams a Reality! Call your Realtor today to seclude a virtual or in-person tour!

Listing Agent

Karen Martineau

RE/MAX Coastal Properties License #3096846 Listed on: 03/27/2025

RE/MAX Coastal Properties

Co-Listing Agent

Glenda Lichorwic

RE/MAX Coastal Properties License #3247032

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,806

Year Built

  • Built in 1975

Lot Details

  • Property fronts gulf or ocean

HOA Fees

  • $999 Monthly HOA Fees

Home Design

  • Flat Roof Shape
  • Stucco

Interior Spaces

  • 1,144 Sq Ft Home
  • Furnished
  • Double Pane Windows
  • Window Treatments
  • Living Room
  • Dining Area
  • Tile Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deeded access to the beach
  • Balcony

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 32382-142-000

Community Details

Overview

  • Association fees include ground keeping, insurance, internet service, management, recreational faclty, security, sewer, water, cable TV, trash
  • 342 Buildings
  • 342 Units
  • Regency Towers Condo Subdivision
  • 14-Story Property

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Game Room
  • Recreation Room
  • Elevator

Recreation

  • Beach
  • Community Whirlpool Spa

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,806

Year Built

Built in 1975

Lot Details

0

HOA Fees

$999 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Co List Office Mls Id: EMAX
  • Co List Office Phone: 850-837-9900
  • Subdivision Name: REGENCY TOWERS CONDO
  • Directions: From HWY 98, Turn South onto Front Beach Rd. Turn left onto Joan Ave. Turn left onto C R 392/Thomas Dr. Follow Thomas Dr. for approx 2.25 miles. Regency Towers will be on the South Side of Thomas Dr. Guard at Gate House will let you in.
  • 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
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Waterfront:Gulf: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Double Pane Windows: Yes
  • Rooms:Balcony2: Yes
  • Waterfront:Unit Waterfront: Yes
  • Rooms:Dining Area: Yes
  • Special Features: None

Interior Features

  • Furnished: Furnished - All
  • Number Of Buildings: 342
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove/Oven Electric, Washer, Water Heater - Elect
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Floor Tile
  • Interior Amenities: Breakfast Bar, Washer/Dryer Hookup
  • Stories: 14
  • Window Features: Window Treatment All, Double Pane Windows
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Mstr BdrmMstr Bath:MBath Shower Only: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Tile: Yes
  • Interior:Furnished - All: Yes
  • Interior:Window Treatment All: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Gulf
  • Waterfront Features: Unit Waterfront, Gulf
  • Waterfront: Yes
  • Construction Type: Stucco
  • Exterior Features: Balcony
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Stucco: Yes
  • Exterior:Balcony: Yes
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

  • General Property Info:Garage2: No

Utilities

  • Cooling: 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: BBQ Pit/Grill, Beach, Community Room, Deed Access, Dumpster, Elevators, Exercise Room, Game Room, Gated Community, Picnic Area, Pool, Waterfront, Whirlpool
  • Association #2 Fee: 2997.58
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Ground Keeping, Insurance, Internet Service, Management, Recreational Faclty, Security, Sewer, Water, Cable TV, Trash

Schools

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

Lot Info

  • Parcel #: 32382-142-000

Multi Family

  • Number Of Units In Community: 342

Tax Info

  • Tax Annual Amount: 3806.11
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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
2024 $3,742 $226,270 -- --
2023 $3,742 $205,700 $0 $411,825
2022 $2,811 $187,000 $0 $0
2021 $2,340 $174,845 $0 $0
2020 $2,060 $173,400 $0 $173,400
2019 $1,820 $144,500 $0 $144,500
2018 $2,168 $170,000 $0 $0
2017 $2,086 $162,350 $0 $0
2016 $2,113 $161,500 $0 $0
2015 $2,113 $157,038 $0 $0
2014 $2,110 $157,038 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2025 06/24/25 Price Changed $435,000 -5.2% $380 / Sq Ft
04/26/2025 04/26/25 Price Changed $459,000 -1.3% $401 / Sq Ft
03/27/2025 03/27/25 For Sale $465,000 -- $406 / Sq Ft
Source: Emerald Coast Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Warranty Deed $210,000 Lanco Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $192,000 Purchase Money Mortgage
Source: Public Records

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Source: Emerald Coast Association of REALTORS®

MLS Number: 972337

Emerald Coast Association of REALTORS®

APN: 32382-142-000