$479,500
$10K PRICE DROP

Regency Towers 5801 Thomas Dr Unit 611 Panama City Beach, FL 32408

Estimated payment $3,972/month

Total Views 12,245
2 Beds
2 Baths
1,144 Sq Ft
$419 Price per Sq Ft

Highlights

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

About This Home

Welcome to Regency Towers Condo unit 611, a captivating gem in Panama City Beach. This immaculate 2-bedroom, 2-bath unit is a turnkey vacation rental, perfect for investors and beach lovers alike. Professionally renovated this condo exudes coastal charm including new sliding glass doors in the living room and master bedroom, granite countertops and LVP flooring. The coastal decor and beachy furnishings further enhance the beachside ambiance, providing a true retreat for vacationers. Situated on the coveted 6th floor, this unit offers stunning beachfront views from the living room and master bedroom. The gated security of Regency Towers ensures privacy and tranquility Amenities include two large pools, a tiki bar, hot tub, tennis courts, shuffleboard, pool room, and exercise room.

Listing Agent

Bob Thomas

Counts Real Estate Group Inc License #SL3408736 Listed on: 08/30/2024

Counts Real Estate Group Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,323

Year Built

  • Built in 1982

Lot Details

  • Property fronts gulf or ocean

HOA Fees

  • $999 Monthly HOA Fees

Parking

  • Parking Lot

Property Views

Interior Spaces

  • 1,144 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Living Room

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Deeded access to the beach
  • Balcony
  • Covered Patio or Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

Overview

  • Association fees include cable TV, internet, pool(s), trash, water
  • High-Rise Condominium
  • Regency Towers Subdivision

Recreation

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,323

Year Built

Built in 1982

Lot Details

0

HOA Fees

$999 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1982
  • Property Sub Type: Condominium
  • Lot Size: N/A
  • Subdivision Name: Regency Towers
  • Architectural Style: High Rise
  • Entry Level: 6
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1144.0
  • Dining Room Type: Bedroom, Kitchen, Living Room, Primary Bedroom
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Pool Features: Community, Pool
  • View: Bayou, Gulf
  • View: Yes
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Exterior Features: Balcony
  • Patio And Porch Features: Balcony, Covered, Patio

Garage/Parking

  • Parking Features: Parking Lot
  • Garage: No

Utilities

  • Utilities: Cable Connected
  • Security Features: Gated Community
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 2997.0
  • Community Features: Short Term Rental Allowed, Gated, Pool
  • Amenities: Beach Rights, Gated
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Fee Information

  • Association Fee Includes: Cable TV, Internet, Pool(s), Trash, Water

Schools

  • Middle Or Junior School: Surfside

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Annual Amount: 4323.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: Patronis
  • High School: Arnold

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 $4,323 $317,345 -- --
2023 $4,323 $288,495 $0 $411,825
2022 $3,267 $262,268 $0 $0
2021 $2,947 $238,425 $0 $0
2020 $2,677 $216,750 $0 $216,750
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
05/14/2025 05/14/25 Price Changed $479,500 -2.1% $419 / Sq Ft
08/30/2024 08/30/24 For Sale $489,900 -- $428 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed -- None Listed On Document
Warranty Deed $247,000 Attorney
Warranty Deed $195,000 Mti Title Ins Agency Inc
Warranty Deed $190,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $125,300 New Conventional
Previous Owner $125,000 Adjustable Rate Mortgage/ARM
Previous Owner $156,000 Adjustable Rate Mortgage/ARM
Previous Owner $161,500 Seller Take Back
Source: Public Records

About the Listing Agent

Bob Thomas

Counts Real Estate Group Inc

(850) 788-8264

Section Image

In January 2015, Bob and his wife Vicki started their Real Estate Business and purchased “A Glimpse of Heaven” which is a 3-bedroom 3 bath vacation home in Carillon Beach, a community on the Emerald Coast of Florida. In addition to realizing passive income, “A Glimpse” has been their special place to create great moments and experiences with their daughters, family, and close friends.

Their passion for Real Estate began to grow as they purchased additional properties and they decided to

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Source: Central Panhandle Association of REALTORS®

MLS Number: 762060

Central Panhandle Association of REALTORS®

APN: 32382-243-000