$529,000
$10K PRICE DROP

Regency Towers 5801 Thomas Dr Unit 1204 Floor 12 Panama City, FL 32408

Estimated payment $3,184/month

Total Views 6,402
3 Beds
2 Baths
1,248 Sq Ft
$424 Price per Sq Ft

Highlights

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

About This Home

Welcome to Regency Towers on the highly desirable east end of Thomas Drive — where Gulf-front living meets panoramic coastal beauty.
This spacious 3-bedroom, 2- full bath residence comfortably accommodates up to 8-10 guests and offers breathtaking gulf views from your private balcony. What truly sets this unit apart is the stunning side view perspective — allowing you to take in miles of sugar-white sand and emerald waters stretching endlessly down the coastline. From sunrise coffee to sunset cocktails, the sweeping side views create a dramatic, postcard-worthy backdrop you simply won't want to leave.
Inside, you'll find a beautifully updated, open-concept layout featuring a renovated kitchen with granite countertops, white cabinetry, subway tile backsplash, and an oversized breakfast bar perfect for entertaining. The dining and living areas flow seamlessly, enhanced by mirrored walls that reflect natural light and maximize the gulf views. Updated flooring throughout adds a clean, coastal feel.
The gulf-front primary suite offers direct balcony access and incredible water views right from your bed. Additional bedrooms are spacious and thoughtfully designed for guests and family.
Major upgrades include completely repainted interior, AC condenser replaced (2022), new stove (2022), furniture upgrades (2023), new patio doors and windows (2024) and a new AC evaporator (2025).
Regency Towers offers one of the most impressive amenity packages in the area, including: two saltwater pools, waterslide, poolside bar/snack area, Indoor hot tub, game room with billiards, Seasonal community events, outdoor movies & poolside entertainment.
Located just minutes from St. Andrews State Park, you'll have some of the area's best outdoor recreation, boating, fishing, and nature trails right at your fingertips. Whether you're looking for a primary residence, second home, or high-performing rental investment, this Gulf-front condo delivers space, upgrades, amenities, and — most importantly — an unforgettable side coastline view that captures the true beauty of Panama City Beach. Schedule your private showing today!

Listing Agent

Crystal Duncan

Paradise Properties of NW Florida License #3145003 Listed on: 02/12/2026

Co-Listing Agent

Savannah Hamilton

Paradise Properties of NW Florida License #3408859

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,129

Year Built

  • Built in 1982

Home Design

  • Entry on the 12th floor

Kitchen

  • Electric Oven
  • Electric Cooktop

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Home Security

  • Security Lights
  • Security Gate

Parking

  • Gated Parking
  • Paved Parking
  • Parking Lot

Schools

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

Utilities

  • Heating Available
  • Electric Water Heater

Additional Features

  • Heated In Ground Pool

Community Details

Overview

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

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse
  • Game Room
  • Meeting Room

Recreation

  • Community Spa

Security

  • 24-Hour Security
  • Gated Community
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,129

Year Built

Built in 1982

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Year Built: 1982
  • Property Sub Type: Condominium
  • Co List Office Mls Id: BPPF
  • Co List Office Phone: 850-588-7136
  • Subdivision Name: Regency Towers
  • Architectural Style: High Rise
  • Entry Level: 12
  • New Construction: No
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater
  • Spa Features: Community
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Dining Room Type: Bedroom, Primary Bathroom

Exterior Features

  • Pool Features: Electric Heat, In Ground, Community
  • View: Gulf
  • View: Yes
  • Waterfront Features: Gulf, Shoreline - Sand
  • Waterfront: Yes

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Available
  • Security Features: Fire Sprinkler System, Gated Community, 24 Hour Security, Security Guard, Security Lights, Security Service, Fire Alarm, Security Gate, Smoke Detector(s)
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Community Features: Barbecue, Clubhouse, Conference/Meeting Room, Game Room, Pool, Waterfront, Community Pool, Gated, Short Term Rental Allowed
  • Amenities: Gazebo, Barbecue, Picnic Area, Spa/Hot Tub
  • Association: Yes

Schools

  • Middle Or Junior School: Surfside

Lot Info

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

Multi Family

  • Number Of Units Furnished: All Units

Tax Info

  • Tax Annual Amount: 4129.0
  • Tax Year: 2025

MLS Schools

  • Elementary School: Patronis
  • High School: Arnold

Map

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $4,302 $362,950 -- $362,950
2024 $4,159 $341,977 -- --
2023 $4,159 $310,888 $0 $353,175
2022 $3,309 $282,625 $0 $282,625
2021 $2,233 $164,354 $0 $0
2020 $2,044 $180,625 $0 $180,625
2019 $1,714 $135,830 $0 $135,830
2018 $2,040 $159,800 $0 $0
2017 $0 $175,780 $0 $0
2016 $0 $159,800 $0 $0
2015 $2,052 $151,938 $0 $0
2014 $1,861 $138,125 $0 $0
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 Prior Sale
05/01/2026 05/01/26 Price Changed $529,000 -1.9% $424 / Sq Ft
02/12/2026 02/12/26 For Sale $539,000 +29.3% $432 / Sq Ft
01/25/2026 01/25/26 Off Market $417,000 -- --
01/25/2026 01/25/26 Off Market $200,000 -- --
06/20/2022 06/20/22 Off Market $200,000 -- --
06/20/2022 06/20/22 Off Market $417,000 -- --
11/19/2021 11/19/21 Sold $417,000 -2.8% $334 / Sq Ft View Prior Sale
10/05/2021 10/05/21 For Sale $429,000 +114.5% $344 / Sq Ft
09/26/2017 09/26/17 Sold $200,000 -11.1% $160 / Sq Ft View Prior Sale
06/11/2017 06/11/17 Pending -- -- --
11/15/2016 11/15/16 For Sale $224,900 -- $180 / Sq Ft
Source: Central Panhandle Association of REALTORS®

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 Type Sale Price Title Company
Special Warranty Deed -- None Listed On Document
Warranty Deed $417,000 Attorney
Warranty Deed $200,000 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 Loan Amount Loan Type
Previous Owner $325,600 New Conventional
Previous Owner $150,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Source: Central Panhandle Association of REALTORS®

MLS Number: 785136

Central Panhandle Association of REALTORS®

APN: 32382-313-000

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