Rare Front-Stack Gulf-Front Opportunity at Regency Towers!
Experience breathtaking, unobstructed Gulf views from this highly sought-after front-stack 3-bedroom, 2-bath residence in Regency Towers. Rarely available, this spacious beachfront condo has been extensively updated with more than $61,000 in renovations, creating a truly move-in-ready retreat that's equally suited as a primary residence, second home, or income-producing short-term rental.
The beautifully remodeled kitchen features custom cabinetry, quartz countertops, a tile backsplash, updated tile flooring, new appliances, sink, faucet, lighting, and garbage disposal, blending timeless style with everyday functionality. Throughout the home you'll also find new flooring, fresh interior paint, updated trim and doors, renovated bathrooms, a new front entry door, and updated lighting.
Significant improvements include all new windows and sliding glass doors, a new 40-gallon water heater (2026), and numerous plumbing and electrical upgrades, providing lasting value and peace of mind.
The spacious living and dining areas open to a private Gulf-front balcony where you'll enjoy panoramic emerald-water views, unforgettable sunsets, and the relaxing sounds of the Gulf. Regency Towers offers outstanding resort-style amenities, including two beachfront pools, the popular Sandbar, fitness facilities, billiards room, family movie nights, and direct beach access, all just minutes from Panama City Beach's premier dining, shopping, and entertainment.
Front-stack 3-bedroom residences of this caliber are exceptionally rare, especially with this level of renovation already completed. This is a unique opportunity to own one of Regency Towers' most desirable floor plans without the expense or hassle of future updates.
As an added bonus, two beach chair service memberships are included through the end of the 2026 beach season, so you can start enjoying the beach from day one.
This condo was a successful short-term rental through 2024 before becoming the owners' private home for the past two years. It has now been placed back on the rental market and is being offered fully furnished and completely turnkey, including furnishings, linens, towels, kitchen essentials, and décor. Whether you're looking for a personal beachfront retreat or an investment property, everything is already in place for you to start enjoying it or generating rental income immediately.
Pending
$619,950
5801 Thomas Dr Unit 1021, Panama City Beach, FL 32408
3beds
1,372sqft
Condominium
Built in 1975
-- sqft lot
$586,500 Zestimate®
$452/sqft
$849/mo HOA
What's special
Direct beach accessRenovated bathroomsBeautifully remodeled kitchenUpdated lightingFresh interior paintPanoramic emerald-water viewsQuartz countertops
- 47 days
- 347
- 26
Zillow last checked:
Listing updated:
Listed by:
Leigh A Carr 816-810-9742,
SimpliHOM
Source: CPAR,MLS#: 792707
Originating MLS: Central Panhandle Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Bedroom, Primary Bedroom
Primary bedroom
- Description: Gulf Front Master Bedroom, Access to Balcony
- Dimensions: 14 x 12
Bedroom
- Description: Large Secondary Bedroom with two queen beds
- Dimensions: 13 x 13
Bedroom
- Description: Large Secondary Bedroom, King Size Bed
- Dimensions: 12 x 8
Heating
- Electric
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Washer/Dryer Stacked, Electric Cooktop, Electric Water Heater, Ice Maker
- Laundry: Stacked
Features
- Balcony, Shower Only
Interior area
- Total structure area: 1,372
- Total interior livable area: 1,372 sqft
Property
Parking
- Parking features: Gated, Parking Lot
Accessibility
- Accessibility features: Accessible Entrance
Features
- Stories: 14
- Patio & porch: Balcony
- Pool features: Electric Heat, In Ground, Community
- Spa features: Community
- Has view: Yes
- View description: Gulf, Water
- Has water view: Yes
- Water view: Gulf,Water
- Waterfront features: Gulf, Shoreline - Sand
Details
- Parcel number: 32382121000
- Special conditions: Listed As-Is
Construction
Type & style
- Home type: Condo
- Architectural style: High Rise
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Block, Concrete
- Foundation: Pillar/Post/Pier
- Roof: Flat
Condition
- New construction: No
- Year built: 1975
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Cable Connected
Community & HOA
Community
- Features: Barbecue, Business Center, Clubhouse, Elevator, Fitness Center, Park, Pool, Sauna, Waterfront, Community Pool, Gated, Short Term Rental Allowed
- Security: Building Security, Security Gate, Gated with Guard, Gated Community, 24 Hour Security, Security Guard, Fire Alarm, Smoke Detector(s), Security Service
- Subdivision: Regency Towers
HOA
- Has HOA: Yes
- Amenities included: Other, See Remarks, Gated, Barbecue, Spa/Hot Tub
- Services included: Association Management, Clubhouse, Cable TV, Fitness Facility, Internet, Legal/Accounting, Maintenance Grounds, Pest Control, Pool(s), Sewer, Security, Trash, Water
- HOA fee: $2,546 quarterly
Location
- Region: Panama City Beach
Financial & listing details
- Price per square foot: $452/sqft
- Tax assessed value: $484,500
- Annual tax amount: $4,666
- Date on market: 7/16/2026
- Cumulative days on market: 47 days
Estimated market value
$586,500
$557,000 - $616,000
$2,676/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/30/2026 | Pending sale | $619,950$452/sqft |
Source: | ||
| 7/16/2026 | Listed for sale | $619,950+74.6%$452/sqft |
Source: | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 8/26/2020 | Sold | $355,000$259/sqft |
Source: Public Record Report a problem | ||
| 8/7/2020 | Pending sale | $355,000$259/sqft |
Source: Owner Report a problem | ||
| 7/29/2020 | Listed for sale | $355,000+40.3%$259/sqft |
Source: Owner Report a problem | ||
| 10/3/2017 | Sold | $253,000-4.5%$184/sqft |
Source: | ||
| 8/27/2017 | Pending sale | $265,000$193/sqft |
Source: Jim Free Realty LLC #659208 Report a problem | ||
| 5/27/2017 | Listed for sale | $265,000$193/sqft |
Source: Jim Free Realty LLC #659208 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,514 +3.1% | $415,771 +10% |
| 2023 | $5,350 +13.9% | $377,974 +10% |
| 2022 | $4,696 | $343,613 |
| 2021 | -- | -- |
| 2020 | $2,500 +10.4% | $198,688 +10% |
| 2019 | $2,265 | $180,625 -15% |
| 2018 | $2,265 -16.1% | $212,500 -0.8% |
| 2017 | $2,700 -1.4% | $214,200 -0.8% |
| 2016 | $2,739 -3.2% | $215,985 +10% |
| 2015 | $2,829 | $196,350 +10% |
| 2014 | $2,829 | $178,500 +9.5% |
| 2013 | -- | $163,079 -6.9% |
| 2012 | -- | $175,100 +9.9% |
| 2011 | -- | $159,330 |
| 2010 | -- | $159,330 -21% |
| 2009 | -- | $201,684 -10.6% |
| 2008 | -- | $225,570 -13.6% |
| 2007 | -- | $261,186 -23% |
| 2006 | -- | $339,202 +60% |
| 2005 | -- | $212,001 |
| 2004 | -- | $212,001 +5.8% |
| 2003 | -- | $200,301 |
| 2002 | -- | $200,301 |
| 2001 | -- | $200,301 +75.7% |
| 2000 | -- | $114,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Lower Grand Lagoon
Nearby schools
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.







