$529,000

Regency Towers 5801 Thomas Dr Unit 301 Panama City Beach, FL 32408

Estimated payment $4,224/month

Total Views 4,068
3 Beds
2 Baths
1,560 Sq Ft
$339 Price per Sq Ft

Highlights

  • Beach
  • Property fronts gulf or ocean
  • Main Floor Primary Bedroom
  • J.R. Arnold High School Rated A-
  • Gated Community
  • 3-minute walk to Regency Towers Dog Run

About This Home

Coastal Living Awaits at Regency Towers - 3-Bedroom, Gulf-View Condo Welcome to your dream beachfront escape/investment property at Regency Towers in vibrant Panama City Beach! This stunning 3-bedroom, 2-bathroom condo combines modern updates, thoughtful coastal design, and a spacious layout to create the ultimate sanctuary for relaxation and entertainment. Step inside and be greeted by a light-filled open-concept living space that effortlessly flows into the dining area and updated kitchen. The kitchen, perfect for any home chef, boasts granite countertops, stainless steel appliances, and chic cabinetry. Coastal tones, luxury vinyl plank flooring, and stylish finishes throughout reflect the serene beauty of the Gulf just outside your door. The west facing balcony is perfect for catching those sunsets that never get old. The side of the building ensures privacy, but the views are still there of the beautiful Gulf! Unwind in the expansive primary suite, where oversized windows frame breathtaking Gulf views that will greet you each morning. The spa-inspired en-suite bathroom features a walk-in shower and modern finishes. Two additional bedrooms offer comfort and privacy, perfect for family, guests. Step out onto your private balcony, where panoramic Gulf views steal the show. Lounge with a drink in hand as you watch the sun dip below the horizon or enjoy morning coffee with the sound of waves rolling gently onto the sugar-white sands below. Regency Towers offers an unbeatable array of community amenities, elevating your coastal lifestyle. Enjoy two sparkling beachfront pools, a hot tub, a fitness center, tennis courts, grilling stations, and a poolside snack bar. With private beach access and lush, immaculately maintained grounds, every day feels like a vacation. Located in the heart of Thomas Drive in Panama City Beach, this condo puts you close to lively attractions, including St. Andrews State Park, Pier Park, world-class dining, and vibrant nightlife. It's also conveniently near local favorite restaurants, golf courses, and family-friendly entertainment. Whether you're looking for a full-time residence, a vacation retreat, or a lucrative investment property, this Regency Towers gem is your perfect slice of paradise. Schedule your private showing today and start living the coastal dream!

Listing Agent

Paul Outlaw

Real Broker LLC License #3594654 Listed on: 04/25/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,900

Year Built

  • Built in 1982

HOA Fees

  • $998 Monthly HOA Fees

Interior Spaces

  • 1,560 Sq Ft Home
  • Family Room

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

Schools

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

Utilities

  • Central Air
  • Community Sewer or Septic
  • Cable TV Available

Additional Features

  • Balcony
  • Property fronts gulf or ocean

Listing and Financial Details

  • Assessor Parcel Number 32382-194-000

Community Details

Overview

  • Association fees include accounting, electricity, ground keeping, internet service, security, sewer, water, trash
  • Regency Towers Subdivision

Amenities

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

Recreation

  • Beach

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,900

Year Built

Built in 1982

Lot Details

0

HOA Fees

$998 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: REGENCY TOWERS
  • Directions: Take Thomas Drive to Regency Towers condo- unit is on the right (west) side of building
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Year Built: 1982
  • Utilities Electric: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Waterview:Gulf2: Yes
  • Waterfront:Gulf: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Utilities:Community Water: Yes
  • Rooms:Balcony2: Yes
  • Rooms:Family Room: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Smoke Detector, Stove/Oven Electric, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Gulf
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes

Garage/Parking

  • General Property Info:Garage2: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Sewer: Community Sewer
  • Utilities: Community Water, Electric, TV Cable
  • Utility: Yes

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: 2993.27
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Electricity, Ground Keeping, Internet Service, Security, Sewer, Water, Trash

Schools

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

Lot Info

  • Parcel #: 32382-194-000

Tax Info

  • Tax Annual Amount: 4900.41
  • Tax Year: 2024

Map

About Regency Towers

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 $4,764 $356,890 -- --
2023 $4,764 $324,445 $0 $446,250
2022 $3,451 $294,950 $0 $294,950
2021 $1,532 $167,254 $0 $0
2020 $1,527 $238,202 $0 $0
2019 $1,848 $190,561 $0 $0
2018 $1,835 $186,154 $0 $0
2017 $1,803 $182,325 $0 $0
2016 $1,913 $188,309 $0 $0
2015 $1,955 $187,000 $0 $0
2014 $2,197 $163,625 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2025 07/17/25 Price Changed $529,000 -3.8% $339 / Sq Ft
06/18/2025 06/18/25 Price Changed $549,999 -2.5% $353 / Sq Ft
06/05/2025 06/05/25 Price Changed $564,000 -0.9% $362 / Sq Ft
05/14/2025 05/14/25 Price Changed $569,000 -0.9% $365 / Sq Ft
04/25/2025 04/25/25 For Sale $574,000 -- $368 / Sq Ft
Source: Emerald Coast Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $369,000 Mti Title Insurance Agcy Inc
Warranty Deed $220,000 Attorney
Trustee Deed -- None Available
Warranty Deed $200,000 None Available
Interfamily Deed Transfer -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $258,300 New Conventional
Previous Owner $195,000 VA
Previous Owner $171,600 Adjustable Rate Mortgage/ARM
Previous Owner $192,700 Credit Line Revolving
Source: Public Records

Source: Emerald Coast Association of REALTORS®

MLS Number: 974814

Emerald Coast Association of REALTORS®

APN: 32382-194-000

Florida Bay County Panama City Beach 32408

5801 Thomas Dr Unit 301, Panama City Beach, FL

This home is located at 5801 Thomas Dr Unit 301, Panama City Beach, FL 32408 and is currently priced at $529,000, approximately $339 per square foot. This property was built in 1982. 5801 Thomas Dr Unit 301 is a home located in Bay County with nearby schools including J.R. Arnold High School, Surfside Middle School, and Patronis Elementary School.

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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Listing Agent
Paul Outlaw
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Real Broker LLC
(448) 217-3937