NOT LISTED FOR SALE

5801 Thomas Dr Unit 821 Panama City, FL 32408

Estimated Value: $498,172 - $544,000

3 Beds
2 Baths
1,372 Sq Ft
$537/mo HOA Fee

Last Sold September 03, 2021

Last sale price $530,000 $386 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,768/month

36 Days on Market

Highlights

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

About This Home

As of September 2021

We love this Regency Tower unit for so many reasons! This unit has been updated beautifully; Gulf front master & living area, both open to Balcony; unit is on the sought after 8th floor. The Regency is one of the few Gated Beach Condominium resorts that has 24 hour security. This complex is known for its' amenities which include two large, Olympic size pools,(one heated), a poolside Tiki bar, kiddie pool Hot tub, large grassy/green space area, Exercise room and a community room with a large kitchen. This would make the perfect beach get-a-way or investment property. Regency is spread out on one of the largest beachfront spots, spacious pool decks, green space, and plenty of parking Come see!

Last Agent to Sell the Property

Renata Morse

Beachy Beach Real Estate License #3249733 Listed on: 07/14/2021

Beachy Beach Real Estate

Co-Listed By

Kelli Sullivan

Beachy Beach Real Estate License #670682

Last Buyer's Agent

Adele Egelston

Emerald Realty of NW FL LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,500

Year Built

  • Built in 1975 | Remodeled

Lot Details

  • 610

HOA Fees

  • $537 Monthly HOA Fees

Parking

  • Guest Parking

Home Design

  • Concrete Siding
  • Piling Construction

Interior Spaces

  • 1,372 Sq Ft Home
  • Living Room
  • Tile Flooring
  • Gulf Views

Kitchen

  • Breakfast Bar
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Balcony
  • Property fronts gulf or ocean

Listing and Financial Details

  • Assessor Parcel Number 32382-095-000

Community Details

Overview

  • Association fees include ground keeping, insurance, security
  • Regency Towers Subdivision

Amenities

  • Picnic Area
  • Game Room

Recreation

  • Beach
  • Community Pool

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,500

Year Built

Built in 1975 | Remodeled

Lot Details

0

HOA Fees

$537 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Co List Office Mls Id: EBBI
  • Co List Office Phone: 850-233-4351
  • Subdivision Name: REGENCY TOWERS
  • Directions: located at the east end of Thomas Drive dr
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Year Built: 1975
  • Remarks Misc:Remarks: We love this Regency Tower unit for so many reasons! This unit has been updated beautifully; Gulf front master & living area, both open to Balcony; unit is on the sought after 8th floor. The Regency is one of the few Gated Beach Condominium resorts that has 24 hour security. This complex is known for its' amenities which include two large, Olympic size pools,(one heated), a poolside Tiki bar, kiddie pool Hot tub, large grassy/green space area, Exercise room and a community room with a large kitchen. This would make the perfect beach get-a-way or investment property. Regency is spread out on one of the largest beachfront spots, spacious pool decks, green space, and plenty of parking Come see!
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: 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: Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Breakfast Bar, Floor Tile, Kitchen Island, Renovated, Split Bedroom, Washer/Dryer Hookup
  • Interior:WasherDryer Hookup: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Interior:Split Bedroom: Yes
  • Interior:Kitchen Island: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Gulf
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Construction Type: Concrete, Block, Foundation On Piling
  • Exterior Features: Balcony
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Block: Yes
  • ConstructionSiding:Concrete: Yes
  • Exterior:Balcony: Yes
  • ConstructionSiding:Foundation On Piling: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Guest
  • General Property Info:Garage2: No
  • Parking Features:Guest: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Beach, Exercise Room, Game Room, Gated Community, Picnic Area, Pool
  • Association #2 Fee: 537.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Ground Keeping, Insurance, Security

Schools

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

Lot Info

  • Parcel #: 32382-095-000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2500.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 14, 2025
Sold by
Duncan Randy and Duncan Luanne
Bought by
Wright John M and Wright Sandra K
Current Estimated Value
$521,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$403,945
Outstanding Balance
$401,829
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$119,464

Purchase Details

Listed on
Jul 14, 2021
Closed on
Sep 3, 2021
Sold by
Georgia Community Bancorp Inc
Bought by
Duncan Randy D and Duncan Luanne C
Seller's Agent
Renata Morse
Beachy Beach Real Estate
Buyer's Agent
Adele Egelston
Emerald Realty of NW FL LLC
List Price
$530,000
Sold Price
$530,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.38%

Purchase Details

Closed on
Jul 6, 2020
Sold by
Georgia Community Bank
Bought by
Georgia Community Bancorp Inc
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

Date Buyer Sale Price Title Company
Wright John M $532,000 South Oak Title
Wright John M $532,000 South Oak Title
Duncan Randy D $525,000 Knight Barry Title Sln Inc
Georgia Community Bancorp Inc $100 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wright John M $403,945
Closed Wright John M $403,945
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/03/2021 09/03/21 Sold $530,000 0.0% $386 / Sq Ft
08/19/2021 08/19/21 Pending -- -- --
07/14/2021 07/14/21 For Sale $530,000 -- $386 / Sq Ft
Source: Emerald Coast Association of REALTORS®

Tax History Compared to Growth

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 $6,098 $484,500 -- $484,500
2023 $6,098 $484,500 $0 $484,500
2022 $5,447 $467,500 $0 $467,500
2021 $3,224 $265,518 $0 $265,518
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

  • Renata Morse

    Seller's Agent in 2021

    Renata Morse

    Beachy Beach Real Estate

    (850) 527-3923

    15 in this area

    213 Total Sales

    Renata Morse
    Section Image
  • Kelli Sullivan

    Seller Co-Listing Agent in 2021

    Kelli Sullivan

    Beachy Beach Real Estate

    (850) 819-8246

    9 in this area

    160 Total Sales

    Kelli Sullivan
    Section Image

  • A

    Buyer's Agent in 2021

    Adele Egelston

    Emerald Realty of NW FL LLC

See All Agents

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 876892

Emerald Coast Association of REALTORS®

APN: 32382-095-000

Florida Bay County Panama City 32408

5801 Thomas Dr Unit 821, Panama City, FL

Not Listed for Sale

Condos

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