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Off market
  • $531,200

    5801 Thomas Dr Unit 1001, Panama City Beach, FL 32408

    3beds
    1,560sqft
    Condo
    Built in 1982
    -- sqft lot
    $531,200 Zestimate®
    $341/sqft
    $3,236 Estimated rent

    Home value

    $531,200

    $483,000 - $584,000

    $3,236/mo

    Zestimate® history
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    Owner options

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    $3,236/mo

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    $4,016/mo

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    $4,016/mo

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    What's special

    For sale by owner but AGENTS welcome. Remarkable gulf view condo at Regency Towers! Investor's dream. Rental property has consistently produced between 60-73K per year. 2021 rental revenue booked is $71K with more to come. Owner self manages and is open to discuss and willing to manage for the new owners and even willing to offer guaranteed rental revenue with simple terms. This spectacular end unit is one of the largest floor plans in the building with over 1550 sq ft of living. This truly feels like a home away from home, or would make for an excellent rental property with 3 great sized bedrooms and 2 full bathrooms. The unit has been completely renovated from floor to ceiling, and includes the furniture & décor. Property recently got a brand new TRANE HVAC system and new hot water heater. Regency Towers offers many amenities including two resurfaced pools (one heated), hot tub, Bikini Bob's Tiki Bar, tennis courts, fitness center, game room, 24 hour security and designated owner's parking. Renovations include: luxury plank vinyl flooring, new white shaker soft closed cabinets, gray & white marble Quartz countertops, Frigidaire stainless steel appliances, resurfaced ceilings, new lighting, new bathroom vanities, walk-in tiled master shower, scrubbable matte paint, 5-inch baseboards and crown molding, new doors, Schlage keyless entry, shiplap accent walls and more. Regency Towers has undergone many recent updates, including new exterior paint and landscaping, with many improvement already budgeted for in the works! This is a must see! **Recently Renovated** This beach condo is a spacious 3/2 - The outdoor patio/deck is west facing with breathtaking sunset views from the 10th floor. property has full service amenities with Tiki hut with food and beverage services, full gym, jacuzzi, two pools (one heated) - Our 3 bedroom / 2 full bath - sleeps 10 comfortably. * Bedroom #1 - Gulf front master - King bed with private bathroom and walk out balcony access * Bedroom #2 - Two full beds * Bedroom #3 - Queen bed * Living Room - Queen Sleeper sofa

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Garbage disposal, Microwave, Refrigerator, Washer
    Features
    • Flooring: Laminate
    • Has fireplace: No
    • Furnished: Yes
    Interior area
    • Total interior livable area: 1,560 sqft

    Property

    Parking
    • Parking features: Off-street
    Features
    • Has spa: Yes
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Details
    • Parcel number: 32382284000

    Construction

    Type & style
    • Home type: Condo
    Materials
    • Roof: Other
    Condition
    • Year built: 1982

    Utilities & green energy

    • Utilities for property: All Utilities

    Community & HOA

    Community
    • Features: Fitness Center
    HOA
    • Has HOA: Yes
    • HOA fee: $547 monthly
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $341/sqft
    • Tax assessed value: $446,250
    • Annual tax amount: $4,900

    Price history

    DateEventPrice
    7/1/2021Sold$549,000$352/sqft
    Source: CPAR #712841 Report a problem
    6/13/2021Price change$549,000-6.1%$352/sqft
    Source: Owner Report a problem
    6/5/2021Listed for sale$584,900+105.2%$375/sqft
    Source: Owner Report a problem
    12/15/2017Sold$285,000-4.7%$183/sqft
    Source: CPAR #664983 Report a problem
    11/14/2017Pending sale$299,000$192/sqft
    Source: ERA Neubauer Real Estate, Inc. #664983 Report a problem
    11/9/2017Listed for sale$299,000+54.9%$192/sqft
    Source: ERA Neubauer Real Estate, Inc. #664983 Report a problem
    7/31/2017Sold$193,000-6.8%$124/sqft
    Source: CPAR #621283 Report a problem
    5/23/2017Pending sale$207,000$133/sqft
    Source: Counts Real Estate Group Inc #621283 Report a problem
    10/12/2015Price change$207,000-5%$133/sqft
    Source: Counts Real Estate Group Inc #621283 Report a problem
    2/19/2015Price change$218,000-4%$140/sqft
    Source: Counts Real Estate Group Inc #621283 Report a problem
    8/26/2014Price change$227,000-0.2%$146/sqft
    Source: Counts Real Estate Group Inc #621283 Report a problem
    6/18/2014Listed for sale$227,500$146/sqft
    Source: Counts Real Estate Group Inc #621283 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$4,900 +2.9%$356,890 +10%
    2023$4,764 +38%$324,445 +10%
    2022$3,451 $294,950
    2021-- --
    2020$2,761 +15.6%$209,617 +10%
    2019$2,388 $190,561 -15%
    2018$2,388 -16.1%$224,190 +41.6%
    2017$2,846 +130.8%$158,331 +2.1%
    2016$1,233 -0.9%$155,074 +0.7%
    2015$1,244 $153,996 +0.8%
    2014$1,244 $152,774 +1.5%
    2013-- $150,516 +1.7%
    2012-- $148,000 -1.7%
    2011-- $150,591 -11.4%
    2010-- $170,000 +17.7%
    2009-- $144,465 +0.1%
    2008-- $144,322 +3%
    2007-- $140,118 +2.5%
    2006-- $136,700 +3%
    2005-- $132,718 +3%
    2004-- $128,852 +1.9%
    2003-- $126,449 +2.4%
    2002-- $123,485 +1.6%
    2001-- $121,540 +3%
    2000-- $118,000
    Find assessor info on the county website

    Neighborhood: Lower Grand Lagoon

    Nearby schools

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

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

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    $531,200
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    $541,824
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $531,200
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    +$10,624
    With Zillow Showcase(estimated)
    $541,824