$1,215,500

Regency Towers 5801 Thomas Dr Unit 1414 Panama City Beach, FL 32408

Estimated payment $8,308/month

Total Views 2,202
3 Beds
3 Baths
3,227 Sq Ft
$377 Price per Sq Ft

Highlights

  • Beach
  • Bay View
  • Main Floor Primary Bedroom
  • Patronis Elementary School Rated A-
  • Gated Community
  • 3-minute walk to Regency Towers Dog Run

About This Home

**Stunning Gulf View Penthouse - The Crown Jewel of Regency Towers**

This exquisite Penthouse is the largest in Regency Towers and is a true crown jewel, spanning over 3,200 sq ft and offering breathtaking views of not only the emerald waters and white quartz sand beaches of the Gulf, but also the Bay, Lagoon, and surrounding area. Completely renovated and never rented, this true Paradise is move-in ready with all brand new finishes and furnishings.

*For short term rental investors* projected to earn $120,000 in rental income as it sits, ask your realtor to share rental projections. This penthouse is spacious enough to add a 4th bedroom or bunk room to maximize rental potential or leave as is and enjoy the open floor plan*

Entertain guests in style with two temperature-controlled Florida rooms, complete with fully operational wall-to-ceiling windows that provide expansive views of the Gulf, Bay, and Lagoon. The main balcony turned Florida room boasts range hood ventilation, and is the only residence in the building with the unique ability to GRILL - with a view!

This penthouse features two master bedrooms with Gulf views, three king bedrooms in total, all adorned with brand new furnishings and decor. The kitchen is equipped with new, never used, stainless steel appliances and range hood. Plenty of seating for friends and family around the kitchen island and spacious adjoining dining room. The recessed dome ceiling and sputnik chandelier add depth and elegance.

Life proof LVP flooring throughout, fresh paint, all new light fixtures and fans add a modern touch, while spacious closets throughout and custom built-in shelving in the walk-in master provide ample storage.

You will love the artistic tile in the renovated bathrooms, stylish vanities and even a touch light mirror for added luxury.

Embrace resort-style living with exceptional amenities, including 600 feet of beachfront, two Olympic-sized beachfront pools (one heated year-round), a full-service bar & grill, a 10-person hot tub, kiddie pool, fitness center, billiards room, and a community room with a kitchen for hosting events. Enjoy numerous picnic areas with grills and engaging in-house activities year-round, along with convenient beach chair and umbrella rentals.

The location is unbeatable, with nearby attractions such as golf courses, fishing excursions, dolphin tours, parasailing, helicopter tours, Top Golf, Dolly Parton's Dinner Theatre, St. Andrews State Park, take a day trip to 30A, and much more. Explore local restaurants, boutiques, and entertainment options, including Pier Park and coming soon-Tootsie's Beachfront bar and music venue, and, a Surf Club!

What if everyday was a day at the beach? This one of a kind penthouse is not just a home; it's a lifestyle waiting for you. Schedule your private tour today!

Listing Agent

Larell Paradise

Christies International Real Estate Emerald Coast License #3471148 Listed on: 04/19/2025

Christies International Real Estate Emerald Coast

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,876

Year Built

  • Built in 1975

HOA Fees

  • $1,330 Monthly HOA Fees

Property Views

Home Design

  • Concrete Siding
  • Steel Siding

Interior Spaces

  • 3,227 Sq Ft Home
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Schools

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

Utilities

  • Multiple cooling system units
  • Multiple Water Heaters

Listing and Financial Details

  • Assessor Parcel Number 32382-172-000

Community Details

Overview

  • Association fees include ground keeping, insurance, internet service, management, security, sewer, water, trash
  • Regency Towers Condo Subdivision

Amenities

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

Recreation

  • Beach

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,876

Year Built

Built in 1975

Lot Details

0

HOA Fees

$1,330 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: REGENCY TOWERS CONDO
  • Directions: From Hathaway bridge take Thomas Dr all the way to the beach, make a right at the light, Regency Towers is a large high rise approximately 2 miles on your left.
  • 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
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Rooms:Dining Room: Yes
  • Waterview:Bay2: Yes
  • Energy:AC - 2 or More: Yes
  • Energy:Water Heater - Two: Yes
  • Waterview:Lagoon2: Yes
  • Special Features: None

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Master Bedroom:First: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Lagoon, Gulf, Bay
  • Construction Type: Concrete, Steel
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Concrete: Yes
  • ConstructionSiding:Steel: Yes

Garage/Parking

  • General Property Info:Garage2: No

Utilities

  • Sewer: Public Sewer
  • Utilities: Electric, Public Water

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Community Room, Exercise Room, Game Room, Gated Community, Picnic Area, Pool, Waterfront
  • Association #2 Fee: 3990.83
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

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

Schools

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

Lot Info

  • Parcel #: 32382-172-000

Tax Info

  • Tax Annual Amount: 3876.19
  • 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 $3,817 $351,360 -- --
2023 $3,817 $716,455 $0 $0
2022 $3,430 $331,190 $0 $0
2021 $3,443 $321,544 $0 $0
2020 $3,439 $317,105 $0 $317,105
2019 $3,592 $288,277 $0 $288,277
2018 $4,690 $371,490 $0 $0
2017 $4,585 $360,672 $0 $0
2016 $5,010 $387,192 $0 $0
2015 $5,010 $376,584 $0 $0
2014 $4,514 $339,456 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2025 05/27/25 Price Changed $1,215,500 +1.3% $377 / Sq Ft
04/19/2025 04/19/25 For Sale $1,200,000 -- $372 / Sq Ft
Source: Emerald Coast Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $399,000 Attorney
Interfamily Deed Transfer -- Attorney
Warranty Deed -- Attorney
Source: Public Records

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Source: Emerald Coast Association of REALTORS®

MLS Number: 974345

Emerald Coast Association of REALTORS®

APN: 32382-172-000