$497,000
SOLD DEC 4, 2024
3 Beds
2 Baths
1,352 Sq Ft
$999/mo HOA Fee

Recently Sold

$368 Per Sq Ft

5% Below List Price

2 Days on Market

Highlights

  • Beach
  • Property fronts gulf or ocean
  • Gated Community
  • 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 December 2024

Experience beachfront living at its finest with this renovated, three-bedroom, two-bath condo on the eighth floor of the coveted Regency Towers in Panama City Beach. Perfectly positioned to offer sweeping views of the Gulf, this beautifully designed, fully furnished unit provides a seamless blend of style, comfort, and convenience, with direct access to the beach - and rental projections up to $55,000! Upon entering Unit 824, you are welcomed by new luxury vinyl plank flooring, smooth ceilings, and tall baseboards, that create a bright and modern atmosphere. The open-concept design flows effortlessly into the main living space, where an expansive kitchen takes center stage. Featuring upgraded granite countertops, soft-close cabinetry with an on-trend backsplash, and a brand-new GE appliance package, the kitchen is both functional and stylish. A large island with breakfast bar seating invites friends and family to gather, whether for a casual morning meal or pre-dinner drinks before heading to the beach.

The living area opens to a covered balcony with breathtaking views of the Gulf, making it the perfect spot to enjoy a sunset or unwind after a day of coastal activities. The primary suite is thoughtfully positioned to offer tranquil Gulf views from the moment you wake, with direct access to the balcony. The ensuite bathroom is equally impressive, featuring a glass-enclosed walk-in shower, an updated vanity with granite countertops, and modern hardware and fixtures.

Two additional guest bedrooms, provide ample space and share access to a hall bathroom just off the kitchen. This bathroom has also been updated with a new tub-shower combo, a tiled surround, and a vanity topped with granite. To ensure year-round comfort and efficiency, the unit includes a newly installed HVAC system with a smart thermostat.

Regency Towers offers a premier waterfront lifestyle with two Gulf-front pools, one of which is heated seasonally, and a full-service poolside tiki bar. Owners and guests can also enjoy outdoor grilling stations, a dog-walking area, a fitness center, and a community room. The complex's prime location provides easy access to St. Andrews State Park, go-kart tracks, mini golf, local eateries, and more, making it perfect for both relaxation and adventure.

Whether you're looking for a primary residence, vacation home, or investment property, Unit 824 offers a turn-key opportunity to enjoy the best of Gulf-front living. Don't miss your chance to make this stunning retreat your own!

Last Agent to Sell the Property

Abigail Davis

Corcoran Reverie SRB License #3462164 Listed on: 10/17/2024

Corcoran Reverie SRB

Last Buyer's Agent

Melissa Haworth

EXP Realty LLC License #3481018

EXP Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,447

Year Built

  • Built in 1975 | Remodeled

Lot Details

  • Property fronts gulf or ocean

HOA Fees

  • $999 Monthly HOA Fees

Home Design

  • Newly Painted Property
  • Stucco

Interior Spaces

  • 1,352 Sq Ft Home
  • Furnished

Kitchen

  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • 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
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 32382-098-00

Community Details

Overview

  • Association fees include accounting, ground keeping, insurance, internet service, master, recreational faclty, water, cable TV, trash
  • Regency Towers Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Recreation Room
  • Elevator

Recreation

  • Beach

Pet Policy

  • Pets Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,447

Year Built

Built in 1975 | Remodeled

Lot Details

0

HOA Fees

$999 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: REGENCY TOWERS
  • Directions: From Hathaway Bridge, Head west toward US-98. At the the stop light use the left 2 lanes to turn slightly left. Continue onto C R 392/Thomas Dr for 1.9 mi. Continue straight to stay on C R 392/Thomas Dr for 1.7 mi. At the light use the right 2 lanes to turn right to stay on C R 392/Thomas Dr. Travel for .8 mi and turn left in Regency Towers.
  • 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
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Waterview:Gulf2: Yes
  • Waterfront:Gulf: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Refrigerator W/IceMk, Stove/Oven Electric, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Floor Laminate, Floor Tile, Furnished - All, Kitchen Island, Newly Painted, Renovated
  • Appliances:StoveOven Electric: Yes
  • Mstr BdrmMstr Bath:MBath Shower Only: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Furnished - All: Yes
  • Interior:Kitchen Island: Yes
  • Interior:Newly Painted: Yes
  • Interior:Floor Laminate: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Gulf
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Construction Type: Stucco
  • Exterior Features: Balcony
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Stucco: Yes
  • Exterior:Balcony: Yes

Garage/Parking

  • General Property Info:Garage2: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electric, Public Sewer, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Community Room, Deed Access, Dumpster, Elevators, Exercise Room, Gated Community, Pets Allowed, Picnic Area, Pool, TV Cable, Waterfront
  • Association #2 Fee: 2997.58
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Insurance, Internet Service, Master Association, Recreational Faclty, Water, Cable TV, Trash

Schools

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

Lot Info

  • Parcel #: 32382-098-00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2024
Closed on
Dec 2, 2024
Sold by
Lampley Timothy and Lampley Lisa Y
Bought by
Brig Two Llc
Seller's Agent
Abigail Davis
Corcoran Reverie SRB
Buyer's Agent
Melissa Haworth
EXP Realty LLC
List Price
$525,000
Sold Price
$497,000
Premium/Discount to List
-$28,000
-5.33%
Views
77
Current Estimated Value
$496,138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$862
Avg. Annual Appreciation
-0.18%
Original Mortgage
$397,600
Outstanding Balance
$395,062
Interest Rate
6.54%
Mortgage Type
New Conventional
Estimated Equity
$101,263

Purchase Details

Closed on
Jan 1, 2022
Sold by
Holmes Dwight W
Bought by
Lampley Lisa Y and Jones Elvis Trey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2004
Sold by
M & S Investment Properties Llc
Bought by
Holmes Dwight W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 4, 2004
Sold by
Fletcher Larry J and Fletcher Linda D
Bought by
M & S Investment Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 2003
Sold by
Smith Samuel J
Bought by
Fletcher Larry J and Fletcher Linda D
Source: Public Records

Range of Values:

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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

Date Type Sale Price Title Company
Warranty Deed $497,000 None Listed On Document
Warranty Deed $400,000 Defender Title & Escrow
Warranty Deed $400,000 Diamond Title Agency Inc
Warranty Deed $300,000 Diamond Title Agency Inc
Warranty Deed $241,000 Lanco Title & Escrow
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $397,600 New Conventional
Previous Owner $320,000 New Conventional
Previous Owner $320,000 New Conventional
Closed $40,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2024 12/04/24 Sold $497,000 -5.3% $368 / Sq Ft
10/19/2024 10/19/24 Pending -- -- --
10/17/2024 10/17/24 For Sale $525,000 -- $388 / 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 $5,447 $432,438 -- $432,438
2023 $5,447 $432,438 $0 $432,438
2022 $2,902 $186,495 $0 $0
2021 $2,402 $191,810 $0 $0
2020 $2,302 $197,965 $0 $197,965
2019 $2,058 $163,756 $0 $163,756
2018 $2,304 $169,541 $0 $0
2017 $1,982 $154,128 $0 $0
2016 $2,098 $154,275 $0 $0
2015 $2,038 $140,250 $0 $0
2014 $1,721 $127,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 961278

Emerald Coast Association of REALTORS®

APN: 32382-098-000