5801 Thomas Dr Unit 1108 Panama City, FL 32408
Estimated payment $6,028/month
Highlights
- Property fronts gulf or ocean
- High-Rise Condominium
- 3-minute walk to Regency Towers Dog Run
- J.R. Arnold High School Rated A-
About This Home
Experience the Gulf Coast lifestyle at its finest in this beautifully updated, deluxe 2-bedroom, 2-bath Gulf-front condo at Regency Towers. Situated on the 11th floor, this spacious residence offers breathtaking, unobstructed views of the Gulf of Mexico—from peaceful sunrise skies to vibrant sunset horizons. Inside, you'll find an oversized floor plan designed for both comfort and entertaining. The open layout features a generous dining area, a convenient breakfast bar, and a wide living space that flows naturally toward the balcony and its stunning water views. With sleeping accommodations for up to eight guests, including a sleeper sofa, this condo is ideal for vacation rentals, family getaways, or full-time coastal living. The unit is being sold fully furnished, turnkey, and rental ready, making it effortless to begin generating income right away. Regency Towers is one of Panama City Beach's most established and amenity-rich Gulf-front resorts, offering 24-hour gated security, two heated pools, a hot tub, kiddie pool, Gulf-front fitness center, tennis courts, billiards, and a poolside eatery with a full-service bar. Beach chair rentals, water sports, and seasonal entertainment are available right outside your door. The complex is perfectly positioned just minutes from top-rated restaurants, fishing charters, golf courses, and popular local attractions. Whether you're looking for a high-performing rental property, a second home, or your own piece of paradise, this Gulf-front gem delivers an exceptional opportunity in one of the best locations on the beach.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,101
Year Built
- Built in 1982
Lot Details
- Property fronts gulf or ocean
HOA Fees
- $3,333 Monthly HOA Fees
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Schools
- Patronis Elementary School
- Surfside Middle School
- Arnold High School
Community Details
- Association fees include cable TV, pool(s)
- High-Rise Condominium
- Regency Towers Subdivision
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,742 | $411,825 | -- | $411,825 |
| 2023 | $3,742 | $205,700 | $0 | $411,825 |
| 2022 | $2,811 | $187,000 | $0 | $0 |
| 2021 | $2,340 | $174,845 | $0 | $0 |
| 2020 | $2,125 | $184,237 | $0 | $184,237 |
| 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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/23/2025 11/23/25 | For Sale | $429,900 | +3.6% | $376 / Sq Ft | |
| 01/27/2023 01/27/23 | Sold | $415,000 | -12.6% | $363 / Sq Ft | View Prior Sale |
| 01/22/2023 01/22/23 | Off Market | $475,000 | -- | -- | |
| 01/05/2023 01/05/23 | Pending | -- | -- | -- | |
| 12/05/2022 12/05/22 | For Sale | $475,000 | 0.0% | $415 / Sq Ft | |
| 12/05/2022 12/05/22 | Price Changed | $475,000 | -5.0% | $415 / Sq Ft | |
| 11/08/2022 11/08/22 | Pending | -- | -- | -- | |
| 10/27/2022 10/27/22 | Price Changed | $499,900 | -4.8% | $437 / Sq Ft | |
| 10/13/2022 10/13/22 | For Sale | $525,000 | -- | $459 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $415,000 | Mti Title | |
| Interfamily Deed Transfer | -- | Attorney |
Source: Central Panhandle Association of REALTORS®
MLS Number: 782008
APN: 32382-304-000
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