$435,000
SOLD AUG 22, 2025

Regency Towers 5801 Thomas Dr Unit 723 Panama City Beach, FL 32408

3 Beds
2 Baths
1,248 Sq Ft
$998/mo HOA Fee

Recently Sold

$349 Per Sq Ft

0 Day on Market

Highlights

  • Main Floor Primary Bedroom
  • Balcony
  • 3-minute walk to Regency Towers Dog Run
  • J.R. Arnold High School Rated A-
  • Central Air

About This Home

As of August 2025

Priced to sell! Fantastic 3 bedroom 2 bathroom condo at Regency Towers featuring an updated kitchen with shaker style cabinets, stunning quartz countertop, and new appliances. Regency Towers' fantastic amenities include two olympic size pools- one heated year round, full service tiki bar & grill, 10 person hot tub, kiddie pool, fitness center, billiards room, community room with kitchen for hosting events, multiple picnic areas with grills, and plenty of engaging in house activities are offered year round! Beach chair rentals, jet ski rentals, and parasailing offered right here on the beach! Located just minutes from St. Andrews state park, multiple boat launches, arcades, Go kart tracks, golf cart/scooter rental, bike rental, mini golf, amusement rides, Shipwreck Island Waterpark, favori te restaurants, clothing boutiques, jet ski/boat rental, Pier Park, and engaging Nightlife!!! All this & more at the World's Most Beautiful Beach!

Last Agent to Sell the Property

Larell Paradise

Christies International Real Estate Emerald Coast License #3471148 Listed on: 07/13/2025

Christies International Real Estate Emerald Coast

Last Buyer's Agent

Larell Paradise

Christies International Real Estate Emerald Coast License #3471148 Listed on: 07/13/2025

Christies International Real Estate Emerald Coast

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,768

Year Built

  • Built in 1975

HOA Fees

  • $998 Monthly HOA Fees

Home Design

  • 1,248 Sq Ft Home

Bedrooms and Bathrooms

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

Outdoor Features

  • Balcony

Schools

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

Utilities

  • Central Air
  • Cable TV Available

Community Details

  • Regency Towers Condo Subdivision

Listing and Financial Details

  • Assessor Parcel Number 32382-084-000

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,768

Year Built

Built in 1975

Lot Details

0

HOA Fees

$998 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
  • Energy:AC - Central Elect: Yes
  • Rooms:Balcony2: Yes
  • Special Features: None

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Master Bedroom:First: Yes

Exterior Features

  • Pool Features: Pool Type
  • 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: Public Sewer
  • Utilities: Electric, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Association #2 Fee: 2993.27
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 32382-084-000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2025
Closed on
Aug 22, 2025
Sold by
Mears Thomas Lee and Sexton William Monroe
Bought by
Playactm0213 Llc
Seller's Agent
Larell Paradise
Christies International Real Estate Emerald Coast
Buyer's Agent
Larell Paradise
Christies International Real Estate Emerald Coast
List Price
$435,000
Sold Price
$435,000
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.33%
Original Mortgage
$348,000
Outstanding Balance
$348,000
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$86,384

Purchase Details

Closed on
Dec 4, 2019
Sold by
Mayers Jerry W
Bought by
Mears Thomas and Sexton William

Purchase Details

Closed on
Aug 9, 2012
Sold by
Lewis George William
Bought by
Mayes Jerry W
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $435,000 South Oak Title
Warranty Deed $262,500 Attorney
Warranty Deed $165,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $348,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2025 08/22/25 Sold $435,000 0.0% $349 / Sq Ft
07/13/2025 07/13/25 Pending -- -- --
07/13/2025 07/13/25 For Sale $435,000 -- $349 / Sq Ft
Source: Emerald Coast 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 $3,768 $280,756 -- --
2023 $3,768 $353,175 $0 $353,175
2022 $3,002 $232,030 $0 $0
2021 $2,728 $210,936 $0 $0
2020 $2,373 $191,760 $0 $191,760
2019 $1,714 $135,830 $0 $135,830
2018 $2,040 $159,800 $0 $0
2017 $2,294 $175,780 $0 $0
2016 $2,091 $159,800 $0 $0
2015 $2,052 $151,938 $0 $0
2014 $1,861 $138,125 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Larell Paradise

    Seller's Agent in 2025

    Larell Paradise

    Christies International Real Estate Emerald Coast

    (850) 775-7617

    49 in this area

    100 Total Sales

    Larell Paradise
    Section Image
See All Agents

About Regency Towers

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 980794

Emerald Coast Association of REALTORS®

APN: 32382-084-000

Florida Bay County Panama City Beach 32408

5801 Thomas Dr Unit 723, Panama City Beach, FL

This home is located at 5801 Thomas Dr Unit 723, Panama City Beach, FL 32408 and is currently priced at $435,000, approximately $348 per square foot. This property was built in 1975. 5801 Thomas Dr Unit 723 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.

Nearby Homes