NOT LISTED FOR SALE

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

Lower Grand Lagoon Area

Estimated Value: $428,000 - $462,000

2 Beds
2 Baths
1,144 Sq Ft
1975 Built

Sale Details

Date Sold: June 15, 2023

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

Est. 13% decrease in value since last sale

Current estimated payment $2,877 / mo

25 Days on Market

Highlights

  • Beach
  • Property fronts gulf or ocean
  • 24-Hour Security
  • Patronis Elementary 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: 04/19/2023

Coldwell Banker Realty

Last Buyer's Agent

Nathan Lawrence

Keller Williams Success Realty

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,811

Year Built

  • Built in 1975

Lot Details

Interior Spaces

  • Ceiling Fan
  • Living Room
  • Security Gate
  • Stacked Washer and Dryer

Kitchen

  • Electric Range
  • Ice Maker

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

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

  • Property has a Home Owners Association
  • High-Rise Community
  • 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 Sq Ft Lot

Listing Details

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

Interior Features

  • Appliances: Washer/Dryer Stacked, Electric Range, Electric Water Heater, Ice Maker
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Dining Room Type: Bedroom, Kitchen, Living Room, Primary Bedroom

Exterior Features

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

Garage/Parking

  • Garage: No
  • Attached Garage: No

Utilities

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

Condo/Co-op/Association

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

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Land Lease: No
  • Mobile Dim Units: Feet

Multi Family

  • Number Of Units Furnished: All Units

Tax Info

  • Tax Annual Amount: 2811.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Patronis
  • High School: Arnold

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2023
Closed on
Jun 15, 2023
Sold by
Easley Stan D
Bought by
Seller's Agent
Stephen Norris
Coldwell Banker Realty
Buyer's Agent
Nathan Lawrence
Keller Williams Success Realty
List Price
$579,900
Sold Price
$515,000
Premium/Discount to List
-$64,900
-11.19%
Views
12
Current Estimated Value
$446,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$68,433
Avg. Annual Appreciation
-4.34%

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
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Panama City Beach, FL

  • Donna Stokes Real Estate Agent - Top Producers Real Estate Group

    Donna Stokes

    Top Producers Real Estate Group

    (850) 771-3562

    18 Total Sales

    1 in Lower Grand Lagoon

    $225,000 Price

    Donna Stokes
     Section Image
  • Justin Cater Real Estate Agent - EXP Realty LLC

    Justin Cater

    EXP Realty LLC

    (850) 818-3040

    73 Total Sales

    18 in Lower Grand Lagoon

    $150K - $945K Price Range

    Justin Cater
     Section Image
  • Alexandra Gavrilash Real Estate Agent - Counts Real Estate Group Inc

    Alexandra Gavrilash

    Counts Real Estate Group Inc

    (850) 788-2301

    13 Total Sales

    6 in Lower Grand Lagoon

    $460K - $1.5M Price Range

    Alexandra Gavrilash
     Section Image
  • Abigail Davis Real Estate Agent - Corcoran Reverie

    Abigail Davis

    Responds Quickly

    Corcoran Reverie

    (423) 497-0954

    62 Total Sales

    12 in Lower Grand Lagoon

    $280K - $525K Price Range

    Abigail Davis
     Section Image
  • Beth Arnold Real Estate Agent - Seashore Realty LLC

    Beth Arnold

    Seashore Realty LLC

    (850) 771-7320

    40 Total Sales

    1 in Lower Grand Lagoon

    $459,500 Price

    Beth Arnold
     Section Image
  • Bob Thomas Real Estate Agent - Counts Real Estate Group Inc

    Bob Thomas

    Counts Real Estate Group Inc

    (817) 330-6823

    21 Total Sales

    3 in Lower Grand Lagoon

    $435K - $1.4M Price Range

    Bob Thomas
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$515,000 Florida Legacy Title
Easley Lalah D -- --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $5,101 $353,215 $353,215
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

  • SN

    Seller's Agent in 2023

    Stephen Norris

    Coldwell Banker Realty

    Section Image

  • NL

    Buyer's Agent in 2023

    Nathan Lawrence

    Keller Williams Success Realty

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

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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