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Sold for $429,000
  • $429,000

    5801 S Thomas Dr #1103, Panama City, FL 32408

    2beds
    1,352sqft
    Condominium
    Built in 1982
    -- sqft lot
    $441,700 Zestimate®
    $317/sqft
    $2,188 Estimated rent

    Home value

    $441,700

    $406,000 - $486,000

    $2,188/mo

    Zestimate® history
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    What's special

    Discover expansive coastal views from the moment you enter this beautifully remodeled condo at Regency Towers. Originally designed as a three-bedroom unit, it has been expertly converted into the largest two-bedroom, two-bathroom configuration in the building to maximize the stunning vistas of Panama City Beach's west end coastline. The unit is offered fully furnished, featuring ceramic wood-like tiles throughout, newly installed windows and sliding glass doors, solid core doors, and updated major appliances including an HVAC system from 2019 and a recently replaced stove. A front-loading stackable washer and dryer set is conveniently located in the hallway, with the dryer properly vented out. This short-term rental has exclusively been listed on the Regency Towers COA Website, generating $35k in NET rental income in 2023. Beach chair privileges are included until November 1st, 2024. Regency Towers has been a beloved destination in Panama City Beach for over 40 years. Situated in the South Lagoon area, it is less than five minutes from St. Andrews State Park and close to local attractions such as Cobra Arcade and Go-Karts, as well as popular eateries like Captain Jack's, Schooners, and Patches Pub. This gated complex boasts extensive amenities, including a children's pool, indoor hot tub, owner's lounge, fitness room, game room, outdoor picnic area with grills, boardwalk, two beachfront pools (both seasonally heated), poolside Bikini Bob's Grill & Bar, and a spacious grassy area. The property offers ample parking and 24-hour security services. All information is deemed reliable but should be verified by the buyer if important. Please note, pets are not allowed.

    Zillow last checked:

    Listing updated:

    Listed by:

    Alice de La Penha 850-771-3150,

    Coldwell Banker Realty

    Bought with:

    Kaitlyn Fucci

    Counts Real Estate Group Inc

    Source: CPAR,MLS#: 756670MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Bedroom, Dining Room, Family Room, Full Bath, Kitchen, Living Room, Other
    Bedroom
    • Level: First
    • Dimensions: 8.1 x 11.11
    Bedroom
    • Level: First
    • Dimensions: 11.11 x 11.11
    Dining room
    • Level: First
    • Dimensions: 11.1 x 16.8
    Family room
    • Level: First
    • Dimensions: 11.11 x 7.7
    Other
    • Level: First
    • Dimensions: 8.4 x 9.7
    Other
    • Level: First
    • Dimensions: 8.4 x 7.1
    Kitchen
    • Level: First
    • Dimensions: 7.11 x 15.7
    Living room
    • Level: First
    • Dimensions: 12.3 x 14.7
    Other
    • Features: Balcony
    • Level: First
    • Dimensions: 11.1 x 7.5
    Heating
    • Central, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Washer/Dryer Stacked, Electric Oven, Electric Water Heater
    • Laundry: Washer Hookup, Dryer Hookup, Stacked
    Features
    • Windows: Double Pane Windows
    Interior area
    • Total structure area: 1,352
    • Total interior livable area: 1,352 sqft

    Property

    Parking
    • Parking features: Gated, Parking Lot
    Features
    • Patio & porch: Balcony
    • Pool features: Electric Heat, In Ground, Community
    • Spa features: Community
    • Has view: Yes
    • View description: Gulf
    • Has water view: Yes
    • Water view: Gulf
    • Waterfront features: Gulf
    Details
    • Parcel number: 32382299000
    • Zoning description: Resid Multi-Family

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: High Rise
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Condition
    • Year built: 1982

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Cable Connected, Electricity Available, High Speed Internet Available

    Community & HOA

    Community
    • Features: Barbecue, Conference/Meeting Room, Elevator, Fitness Center, Gated, Pool, Waterfront, Short Term Rental Allowed
    • Security: Security Gate, 24 Hour Security, Security Fence, Security Guard, Security Service
    • Subdivision: Regency Towers
    HOA
    • Has HOA: Yes
    • Amenities included: Other, See Remarks, Beach Rights, Game Room, Gated, Barbecue, Picnic Area, Sauna
    Location
    • Region: Panama City

    Financial & listing details

    • Price per square foot: $317/sqft
    • Annual tax amount: $4,433
    • Date on market: 5/5/2024
    • Cumulative days on market: 16 days
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    6/26/2024Sold$429,000-2.3%$317/sqft
    Source: CPAR #756670 Report a problem
    5/24/2024Contingent$439,000$325/sqft
    Source: CPAR #756670 Report a problem
    5/5/2024Listed for sale$439,000$325/sqft
    Source: CPAR #756670 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Lower Grand Lagoon

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Patronis
    • Middle: Surfside
    • High: Arnold

    Source: CPAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    $441,700
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    +$8,834
    With Zillow Showcase(estimated)
    $450,534