NOT LISTED FOR SALE

Regency Towers 5801 Thomas Dr Unit 207 Panama City, FL 32408

Estimated Value: $415,494 - $454,000

2 Beds
2 Baths
1,144 Sq Ft
$546/ mo HOA Fee

Last Sold March 09, 2022

Last sale price $409,500 $358 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,206/month

20 Days on Market

Highlights

  • Beach
  • Property fronts gulf or ocean
  • Main Floor Primary Bedroom
  • Patronis Elementary School Rated A-
  • Primary Bedroom Suite
  • 3-minute walk to Regency Towers Dog Run

About This Home

As of March 2022

If you are looking for a one of a kind property and the best that Panama City Beach has to offer then look no further! This highly sought after, 2 Bed/2
Bath condo on the 2nd the floor of Regency Towers is gulf front and offers spectacular views of the pool and Panama City Beach! Enjoy sunrise views in the
morning and Sunset views in the evening! The layout of this over-sized condo's interior is superb for entertaining, offering an open floorplan with a good sized
dining area and a breakfast bar!! This unit is equipped to sleep 6 with the couch being a sofa sleeper. Conveys fully furnished, turnkey, and rental ready!

Last Agent to Sell the Property

John Moran

Keller Williams Realty Destin Listed on: 01/04/2022

Keller Williams Realty Destin

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,125

Year Built

  • Built in 1982

Lot Details

  • 610

HOA Fees

  • $546 Monthly HOA Fees

Home Design

  • Concrete Siding

Interior Spaces

  • 1,144 Sq Ft Home
  • Woodwork
  • Living Room

Kitchen

  • Breakfast Bar
  • Induction Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Painted or Stained Flooring
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • Balcony

Listing and Financial Details

  • Assessor Parcel Number 32382-187-000

Community Details

Overview

  • Association fees include accounting, insurance, internet service, master, security, sewer, water, trash
  • Regency Towers Subdivision

Recreation

  • Beach

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,125

Year Built

Built in 1982

Lot Details

610 Sq Ft Lot

HOA Fees

$546 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: REGENCY TOWERS
  • Directions: From the Hathaway Bridge turn left on Thomas Dr (south), at the ''Y' stay right and Regency Towers will be on your left beach front
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Year Built: 1982
  • Remarks Misc:Remarks: If you are looking for a one of a kind property and the best that Panama City Beach has to offer then look no further! This highly sought after, 2 Bed/2 Bath condo on the 2nd the floor of Regency Towers is gulf front and offers spectacular views of the pool and Panama City Beach! Enjoy sunrise views in the morning and Sunset views in the evening! The layout of this over-sized condo's interior is superb for entertaining, offering an open floorplan with a good sized dining area and a breakfast bar!! This unit is equipped to sleep 6 with the couch being a sofa sleeper. Conveys fully furnished, turnkey, and rental ready!
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Waterfront:Gulf: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Special Features: None

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Smooth Stovetop Rnge, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Breakfast Bar, Floor Tile, Split Bedroom, Washer/Dryer Hookup, Woodwork Painted
  • Interior:WasherDryer Hookup: Yes
  • Appliances:Cooktop: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Tile: Yes
  • Interior:Split Bedroom: Yes
  • Appliances:Smooth Stovetop Rnge: Yes
  • Interior:Woodwork Painted: Yes

Exterior Features

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

Garage/Parking

  • General Property Info:Garage2: No

Utilities

  • Utilities: Electric, Phone, Public Sewer, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Beach, Pool, Waterfront
  • Association #2 Fee: 1636.62
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Insurance, Internet Service, Master Association, Security, Sewer, Water, Trash

Schools

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

Lot Info

  • Parcel #: 32382-187-000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2125.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2022
Closed on
Mar 9, 2022
Sold by
Regency Towers Llc
Bought by
Salty Water & Sandy Toes Llc
Seller's Agent
John Moran
Keller Williams Realty Destin
List Price
$409,500
Sold Price
$409,500
Current Estimated Value
$434,374

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,874
Avg. Annual Appreciation
1.48%
Original Mortgage
$307,125
Outstanding Balance
$284,847
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$149,527

Purchase Details

Closed on
Nov 24, 2009
Sold by
Tibbetts Cathy
Bought by
Regency Towers Llc

Purchase Details

Closed on
Oct 2, 2009
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Tibbetts Cathy

Purchase Details

Closed on
Aug 11, 2009
Sold by
Crum Jamie D and Crum Emily Nixon
Bought by
Countrywide Home Loans Inc

Purchase Details

Closed on
Jul 31, 2009
Sold by
Countrywide Home Loans Inc
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Aug 31, 2004
Sold by
Britt W H and Smith Joyce Britt
Bought by
Crum Jamie D and Crum Emily Nixon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
5.92%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Salty Water & Sandy Toes Llc $409,500 None Listed On Document
Regency Towers Llc -- None Available
Tibbetts Cathy $189,900 New House Title Llc
Countrywide Home Loans Inc $115,600 Attorney
Federal Home Loan Mortgage Corp -- Attorney
Crum Jamie D $395,000 Lanco Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salty Water & Sandy Toes Llc $307,125
Previous Owner Crum Jamie D $316,000
Closed Crum Jamie D $39,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/09/2022 03/09/22 Sold $409,500 0.0% $358 / Sq Ft
01/24/2022 01/24/22 Pending -- -- --
01/04/2022 01/04/22 For Sale $409,500 -- $358 / Sq Ft
Source: Emerald Coast Association of REALTORS®

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
2025 $5,101 $357,458 -- $357,458
2024 $5,189 $411,825 -- $411,825
2023 $5,189 $411,825 $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
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 888398

Emerald Coast Association of REALTORS®

APN: 32382-187-000

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