NOT LISTED FOR SALE

Regency Towers 5801 Thomas Dr Unit 1021 Panama City, FL 32408

Estimated Value: $498,000 - $516,000

3 Beds
2 Baths
1,372 Sq Ft
1975 Built

Sale Details

Date Sold: October 3, 2017

Last sale price $253,000 $184 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $3,199 / mo

101 Days on Market

Highlights

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

About This Home

As of October 2017

This is a rare opportunity to own a GULF FRONT three bedroom unit. There are only two of these units per floor. This is a non rental unit. This complex is a gated community with 24-hour security, with 2 large swimming pools, one of which is heated, kiddie pool, game room, and community room with large kitchen, tennis courts and pool table. Few complexes on the beach can match the amenities and security of the Regency Towers. All measurements and statements are believed to be correct but the buyer should verify all information.

Last Agent to Sell the Property

Ivanette Free

Jim Free Realty LLC License #0554791 Listed on: 05/27/2017

Co-Listed By

Abbi Ratliff

Jim Free Realty LLC License #3289322

Last Buyer's Agent

Abbi Ratliff

Jim Free Realty LLC License #3289322

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,915

Year Built

  • Built in 1975

Lot Details

  • Property fronts a private road

Property Views

Home Design

  • Flat Roof Shape
  • Pillar, Post or Pier Foundation
  • Stucco

Interior Spaces

  • Ceiling Fan
  • Electric Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Home Security

Outdoor Features

  • Heated In Ground Pool
  • Balcony

Schools

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

Utilities

  • Cooling Available
  • Electric Water Heater

Community Details

Overview

  • Property has a Home Owners Association
  • 340 Units
  • Mid-Rise Community
  • Regency Towers Subdivision

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Elevator

Recreation

  • Beach
  • Tennis Courts
  • Fishing

Security

  • Security Service
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,915

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: condo
  • Road Frontage Type: Private Road
  • Co List Office Mls Id: BJFR
  • Co List Office Phone: 850-230-1216
  • Subdivision Name: Regency Towers
  • Architectural Style: Mid Rise
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Electric Range, Electric Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Dining Room Type: Bedroom, Full Bath, Primary Bathroom, Primary Bedroom

Exterior Features

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

Utilities

  • Utilities: Cable Connected, Water Connected
  • Security Features: Smoke Detector(s), Security Service
  • Cooling: Ceiling Fan(s)
  • Green Building Features: Dumpster
  • Cooling Y N: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Community Features: Beach, Clubhouse, Elevator, Fitness Center, Fishing, Gated, Pool, Shopping, Tennis Court(s), Waterfront, Barbecue
  • Amenities: Other, See Remarks, Gated, Barbecue
  • Association: Yes

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Mobile Dim Units: Feet
  • Zoning Description: Resid Multi-Family

Multi Family

  • Number Of Units Total: 340
  • Number Of Units Furnished: All Units

Tax Info

  • Tax Annual Amount: 2915.0
  • Tax Year: 2016

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

Closed on
May 14, 2024
Sold by
Bought by
Current Estimated Value
$508,047

Purchase Details

Closed on
Aug 24, 2020
Sold by
Bought by

Purchase Details

Listed on
May 27, 2017
Closed on
Oct 3, 2017
Sold by
Bought by
Seller's Agent
Ivanette Free
Jim Free Realty LLC
Buyer's Agent
Abbi Ratliff
Jim Free Realty LLC
List Price
$265,000
Sold Price
$253,000
Premium/Discount to List
-$12,000
-4.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.31%
Original Mortgage
$150,000
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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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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
$100 None Listed On Document
$100 None Listed On Document
$355,000 Mti Title Insurance Agcy Inc
$253,000 Attorney
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
Previous Owner $150,000
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
07/05/2022 07/05/22 Off Market $253,000 -- --
10/03/2017 10/03/17 Sold $253,000 -4.5% $184 / Sq Ft
08/27/2017 08/27/17 Pending -- -- --
05/18/2017 05/18/17 For Sale $265,000 -- $193 / 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 $5,514 $423,611 -- $423,611
2024 $5,350 $415,771 -- --
2023 $5,350 $377,974 $0 $484,500
2022 $4,696 $343,613 $0 $0
2021 $3,786 $312,375 $0 $312,375
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

  • Ivanette Free

    Seller's Agent in 2017

    Ivanette Free

    Jim Free Realty LLC

    (850) 890-9250

    30 in this area

    48 Total Sales

    Ivanette Free
    Section Image

  • A

    Seller Co-Listing Agent in 2017

    Abbi Ratliff

    Jim Free Realty LLC

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About Regency Towers

Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 659208

Central Panhandle Association of REALTORS®

APN: 32382-121-000

Florida Bay County Panama City 32408

5801 Thomas Dr Unit 1021, Panama City, 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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