$450,000

5801 Thomas Dr Unit 203 Panama City, FL 32408

Estimated payment $3,817/month

Total Views 785
3 Beds
2 Baths
1,352 Sq Ft
$333 Price per Sq Ft

Highlights

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

About This Home

CORNER UNIT WITH GULF VIEWS, SUNSET VISTAS & SECOND-FLOOR CONVENIENCE! This 3-bedroom, 2-bathroom condo at Regency Towers is located on the desirable west end of the building, offering stunning Gulf views and unforgettable sunsets from the balcony, living room, and primary bedroom. Positioned on the second floor, it provides easy access to the beach, pool, and parking--no elevator needed. Inside, you'll find tile flooring throughout and two recently replaced sliding glass doors--one in the living room and one in the primary bedroom--leading to a corner balcony with a front-row seat to the coast. Additional updates include a newer stackable washer and dryer (1 year old), HVAC system (1 year old), and a water heater installed in 2018. Fully furnished and turn-key, this unit is rental-ready or ideal for a personal beach retreat. Regency Towers has been a favorite Panama City Beach destination for over 40 years. Conveniently located in the South Lagoon area, it's minutes from St. Andrews State Park, local attractions like Cobra Arcade and go-kart tracks, and dining hotspots including Captain Jack's, Schooners, and Patches Pub. This gated community features 24-hour security, ample parking, two beachfront pools (one seasonally heated), a children's pool, indoor hot tub, owners' lounge, fitness center, game room, picnic area with grills, and private beach access via boardwalk. Enjoy casual meals at Bikini Bob's Grill & Bar and relax in the spacious grassy area. All information is deemed reliable but not guaranteed. Buyers should verify any details important to them. Note: Pets are not permitted except for verified service or emotional support animals.

Listing Agent

Alice De La Penha

Coldwell Banker Realty License #3290518 Listed on: 07/17/2025

Coldwell Banker Realty

Co-Listing Agent

Sean Casilli

Coldwell Banker Realty License #SL3389725

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,911

Year Built

  • Built in 1982

Lot Details

  • Property fronts gulf or ocean
  • Security Fence

HOA Fees

  • $998 Monthly HOA Fees

Parking

  • Parking Lot

Interior Spaces

  • 1,352 Sq Ft Home
  • Furnished
  • Living Room
  • Dining Room
  • Gulf Views
  • Stacked Washer and Dryer

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Heated In Ground Pool
  • 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

Community Details

Overview

  • Association fees include management, clubhouse, insurance, legal/accounting, ground maintenance, pool(s), sewer, tennis courts, trash, water
  • High-Rise Condominium
  • Regency Towers Subdivision

Amenities

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

Recreation

  • Community Pool
  • Community Spa

Security

  • 24-Hour Security
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,911

Year Built

Built in 1982

Lot Details

0

HOA Fees

$998 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1982
  • Property Sub Type: Condominium
  • Lot Size: CONDO
  • Co List Office Mls Id: BSA2
  • Co List Office Phone: (850) 234-6696
  • Subdivision Name: Regency Towers
  • Architectural Style: High Rise
  • Entry Level: 2
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer/Dryer Stacked, Dishwasher, Electric Oven, Electric Water Heater, Microwave, Refrigerator
  • Interior Amenities: Breakfast Bar
  • Spa Features: Community
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1352.0
  • Dining Room Type: Bedroom, Dining Room, Full Bath, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom

Exterior Features

  • Pool Features: Electric Heat, In Ground, Pool, Community
  • View: Gulf
  • View: Yes
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Exterior Features: Balcony
  • Patio And Porch Features: Balcony

Garage/Parking

  • Parking Features: Parking Lot
  • Garage: No

Utilities

  • Utilities: Cable Connected, Trash Collection
  • Security Features: 24 Hour Security, Security Fence, Security Service
  • Cooling: Central Air, Electric
  • Heating: Central, Electric
  • Laundry Features: Stacked
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 2993.27
  • Community Features: Barbecue, Conference/Meeting Room, Elevator, Fitness Center, Gated, Other, See Remarks, Short Term Rental Allowed, Waterfront, Pool
  • Amenities: Beach Rights, Game Room, Gated, Picnic Area
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Clubhouse, Insurance, Legal/Accounting, Maintenance Grounds, Pool(s), Sewer, Tennis Courts, Trash, Water

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Zoning Description: Resid Multi-Family

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Annual Amount: 3911.0
  • Tax Year: 2024

MLS Schools

  • Elementary School: Patronis
  • High School: Arnold

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $3,851 $225,660 -- --
2023 $3,851 $432,438 $0 $432,438
2022 $2,902 $186,495 $0 $0
2021 $2,402 $191,810 $0 $0
2020 $2,360 $207,718 $0 $207,718
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

Property History

Date Event Price Change Sq Ft Price
07/17/2025 07/17/25 For Sale $450,000 -- $333 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $150,000 Dba Bay County Land & Abstra
Source: Public Records

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Source: Central Panhandle Association of REALTORS®

MLS Number: 776413

Central Panhandle Association of REALTORS®

APN: 32382-183-000