NOT LISTED FOR SALE

Regency Towers 5801 Thomas Dr Unit 821 Floor 8 Panama City Beach, FL 32408

Estimated Value: $506,000 - $572,000

3 Beds
2 Baths
1,372 Sq Ft
1975 Built

Sale Details

Date Sold: May 14, 2025

Last sale price $532,000 $388 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,336 / mo

17 Days on Market

Highlights

  • Beach
  • Property fronts gulf or ocean
  • Heated In Ground Pool
  • Patronis Elementary School Rated A-
  • 24-Hour Security
  • 3-minute walk to Regency Towers Dog Run

About This Home

As of May 2025

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS WITH KICK OUT CLAUSE. Experience beachfront living at its best in this updated, fully furnished three-bedroom, two-bath condo on the eighth floor of the sought-after Regency Towers in Panama City Beach. Offering stunning Gulf views and direct beach access, this beautiful unit combines style, comfort, and convenience!
This unit features new luxury vinyl plank flooring, smooth ceilings, and tall baseboards, creating a bright and modern atmosphere. The open-concept layout leads to an expansive kitchen with upgraded solid surface countertops, soft-close cabinetry, a stylish backsplash, and LG stainless steel appliances. The large island with breakfast bar seating is perfect for casual meals or pre-dinner drinks before heading to the beach.
The living area opens to a covered balcony with breathtaking Gulf views, ideal for enjoying sunsets or unwinding after a day of coastal activities. The primary suite offers tranquil Gulf views and direct balcony access, along with an ensuite bathroom featuring a glass-enclosed walk-in shower, granite-topped vanity, and modern fixtures.
Two additional guest bedrooms share a hall bathroom, also updated with a new tub-shower combo, tiled surround, and granite vanity. Regency Towers offers an exceptional waterfront lifestyle with two Gulf-front pools (one heated seasonally), a poolside tiki bar, outdoor grilling stations, a dog-walking area, a fitness center, and a community room. The prime location provides easy access to St. Andrews State Park, go-kart tracks, mini golf, local eateries, and more—perfect for both relaxation and adventure. Whether as a primary residence, vacation home, or investment property, enjoy this turn-key opportunity for the best of Gulf-front living. Don't miss your chance to own this stunning retreat!

Last Agent to Sell the Property

Barbara Wade

Beachy Beach Real Estate License #BK3425752 Listed on: 03/26/2025

Beachy Beach Real Estate

Last Buyer's Agent

Larell Paradise

Christies International Real Estate Emerald Coast

Christies International Real Estate Emerald Coast

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,994

Year Built

  • Built in 1975

Home Design

  • Entry on the 8th floor
  • Pillar, Post or Pier Foundation
  • Stucco

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Home Security

  • Security Lights
  • Security Gate

Parking

  • Gated Parking
  • Paved Parking
  • Parking Lot

Pool

  • Heated In Ground Pool
  • Outdoor Shower

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Electric Range
  • Stacked Washer and Dryer
  • Balcony

Community Details

Overview

  • Property has a Home Owners Association
  • High-Rise Community
  • Regency Towers Subdivision

Amenities

  • Community Barbecue Grill
  • Game Room
  • Elevator

Recreation

  • Beach
  • Community Spa

Security

  • 24-Hour Security
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,994

Year Built

Built in 1975

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Year Built: 1975
  • Property Sub Type: Condominium
  • Subdivision Name: Regency Towers
  • Architectural Style: High Rise
  • Entry Level: 8
  • New Construction: No
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Washer/Dryer Stacked, Electric Range, Electric Water Heater
  • Spa Features: Community
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Dining Room Type: Bedroom, Primary Bedroom

Exterior Features

  • Pool Features: Electric Heat, In Ground, Community
  • View: Gulf
  • View: Yes
  • Waterfront Features: Gulf, Shoreline - Sand
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Exterior Features: Outdoor Shower
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Balcony

Garage/Parking

  • Parking Features: Paved, Parking Lot, Gated
  • Garage: No
  • Attached Garage: No

Utilities

  • Utilities: Cable Connected, Electricity Available
  • Security Features: Gated with Guard, 24 Hour Security, Security Lights, Security Gate, Smoke Detector(s), Security Service
  • Cooling: Central Air
  • 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: Barbecue, Beach, Elevator, Fitness Center, Game Room, Gated, Pool, Waterfront, Community Pool, Short Term Rental Allowed
  • Amenities: Game Room, Gated, Barbecue
  • Association: Yes

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Mobile Dim Units: Feet

Multi Family

  • Number Of Units Furnished: All Units

Tax Info

  • Tax Annual Amount: 5994.0
  • Tax Year: 2024

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
Mar 26, 2025
Closed on
May 14, 2025
Sold by
Bought by
Seller's Agent
Barbara Wade
Beachy Beach Real Estate
Buyer's Agent
Larell Paradise
Christies International Real Estate Emerald Coast
List Price
$609,900
Sold Price
$532,000
Premium/Discount to List
-$77,900
-12.77%
Views
8
Current Estimated Value
$526,159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,841
Avg. Annual Appreciation
-0.99%
Original Mortgage
$403,945
Outstanding Balance
$401,469
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$124,690

Purchase Details

Closed on
Sep 3, 2021
Sold by
Bought by

Purchase Details

Closed on
Jul 6, 2020
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

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
$532,000 South Oak Title
$532,000 South Oak Title
$525,000 Knight Barry Title Sln Inc
$100 None Listed On Document
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $403,945
Closed $403,945
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
05/14/2025 05/14/25 Sold $532,000 -12.8% $388 / Sq Ft
03/21/2025 03/21/25 For Sale $609,900 -- $445 / 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 $5,994 $423,611 -- $423,611
2024 $6,098 $484,500 -- $484,500
2023 $6,098 $484,500 $0 $484,500
2022 $5,447 $467,500 $0 $467,500
2021 $3,224 $265,518 $0 $265,518
2020 $2,500 $205,912 $0 $205,912
2019 $2,265 $180,625 $0 $180,625
2018 $2,700 $212,500 $0 $0
2017 $2,739 $214,200 $0 $0
2016 $2,915 $215,985 $0 $0
2015 $2,829 $196,350 $0 $0
2014 $2,393 $178,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Barbara Wade

    Seller's Agent in 2025

    Barbara Wade

    Beachy Beach Real Estate

    (505) 903-9061

    6 in this area

    62 Total Sales

    Barbara Wade
    Section Image
  • Larell Paradise

    Buyer's Agent in 2025

    Larell Paradise

    Christies International Real Estate Emerald Coast

    (850) 775-7617

    36 in this area

    58 Total Sales

    Larell Paradise
    Section Image
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About Regency Towers

Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 770928

Central Panhandle Association of REALTORS®

APN: 32382-095-000

Florida Bay County Panama City Beach 32408

5801 Thomas Dr Unit 821, 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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