NOT LISTED FOR SALE

Regency Towers 5801 Thomas Dr Unit 718 Panama City Beach, FL 32408

Estimated Value: $434,414 - $477,000

2 Beds
2 Baths
1,144 Sq Ft
$603/mo HOA Fee

Last Sold June 15, 2023

Last sale price $515,000 $450 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $3,295/month

25 Days on Market

Highlights

  • Beach
  • Property fronts gulf or ocean
  • 24-Hour Security
  • J.R. Arnold High School Rated A-
  • Deeded access to the beach
  • 3-minute walk to Regency Towers Dog Run

About This Home

As of June 2023

RELAX AND ENJOY LIFE in this beautifully decorated two bedroom condo overlooking the gulf and pools. Regency Towers has 500 ft. of beachfront. Great Investment Opportunity in this highly desirable condo complex! Recent upgrades include commercial grade LVT flooring throughout, remodeled kitchen with new cabinets and appliances, new hurricane resistant patio doors and windows, recently painted, new HVAC system, two remodeled walk in showers, and mounted TV's in each room. Large stackable washer and dryer. Dryer was recently vented to the outside. Completely furnished. This gated beachfront resort has 24 hour security, two pools with one heated and kiddie pool, hot tub, fitness center, poolside full service tiki bar and grill, BBQ grills and picnic area, and game/billiard room. Conveniently located close to restaurants, shopping, attractions and St. Andrews Park. All sizes are approximate. Please measure if important.

Last Agent to Sell the Property

Stephen Norris

Coldwell Banker Realty License #3323865 Listed on: 04/18/2023

Coldwell Banker Realty

Last Buyer's Agent

Nathan Lawrence

Prudential Shimmering Sands

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,811

Year Built

  • Built in 1975

Lot Details

  • Property fronts gulf or ocean

HOA Fees

  • $603 Monthly HOA Fees

Parking

  • Parking Permit Required

Interior Spaces

  • 1,144 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Plantation Shutters
  • Living Room
  • Stacked Washer and Dryer

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Outdoor Features

  • Heated In Ground Pool
  • 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

Community Details

Overview

  • Association fees include management, clubhouse, insurance, internet, legal/accounting, ground maintenance, pest control, pool(s), sewer, security, trash, water
  • High-Rise Condominium
  • Regency Towers Subdivision

Amenities

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

Recreation

  • Beach
  • Park

Security

  • 24-Hour Security
  • Gated Community
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,811

Year Built

Built in 1975

Lot Details

0

HOA Fees

$603 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1975
  • Property Sub Type: Condominium
  • Lot Size: 00x00
  • Subdivision Name: Regency Towers
  • Architectural Style: High Rise
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Washer/Dryer Stacked, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator
  • Interior Amenities: Shutters
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1144.0
  • Dining Room Type: Bedroom, Kitchen, Living Room, Primary Bedroom
  • Window Features: Plantation Shutters
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Pool Features: Electric Heat, In Ground, Community
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Exterior Features: Built-in Barbecue, Balcony
  • Patio And Porch Features: Balcony

Garage/Parking

  • Parking Features: Permit Required
  • Garage: No

Utilities

  • Utilities: Electricity Connected, Water Connected
  • Security Features: Fire Alarm, Fire Sprinkler System, 24 Hour Security, Smoke Detector(s), Security Service
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Heating: Central, Electric
  • Laundry Features: Stacked
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 1808.68
  • Community Features: Barbecue, Beach, Clubhouse, Elevator, Fitness Center, Game Room, Gated, Other, Park, Pool, See Remarks, Short Term Rental Allowed, Waterfront
  • Senior Community: No
  • Amenities: Beach Rights, Game Room, Gated, Picnic Area
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Fee Information

  • Association Fee Includes: Association Management, Clubhouse, Insurance, Internet, Legal/Accounting, Maintenance Grounds, Pest Control, Pool(s), Sewer, Security, Trash, Water

Schools

  • Middle Or Junior School: Surfside

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Annual Amount: 2811.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Patronis
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 13, 2002
Sold by
Easley Lalah D and Easley Stan D
Bought by
Easley Lalah D and Easley Stan D
Current Estimated Value
$450,604
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Easley Lalah D -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2023 06/15/23 Sold $515,000 -7.9% $450 / Sq Ft
05/15/2023 05/15/23 Pending -- -- --
05/06/2023 05/06/23 Price Changed $559,000 -3.6% $489 / Sq Ft
04/19/2023 04/19/23 For Sale $579,900 -- $507 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Tax History Compared to Growth

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 $411,825 -- $411,825
2023 $3,742 $411,825 $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

Agents Affiliated with this Home

  • Stephen Norris

    Seller's Agent in 2023

    Stephen Norris

    Coldwell Banker Realty

    (850) 361-8940

    2 in this area

    25 Total Sales

    Stephen Norris
    Section Image

  • N

    Buyer's Agent in 2023

    Nathan Lawrence

    Prudential Shimmering Sands

See All Agents

About Regency Towers

Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 740317

Central Panhandle Association of REALTORS®

APN: 32382-079-000

Florida Bay County Panama City Beach 32408

5801 Thomas Dr Unit 718, Panama City Beach, FL

This home is located at 5801 Thomas Dr Unit 718, Panama City Beach, FL 32408 since 18 April 2023 and is currently estimated at $450,604, approximately $393 per square foot. This property was built in 1975. 5801 Thomas Dr Unit 718 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.

Central Panhandle Association of REALTORS® IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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