Welcome to Regency Towers on the highly desirable east end of Thomas Drive — where Gulf-front living meets panoramic coastal beauty.
This spacious 3-bedroom, 2- full bath residence comfortably accommodates up to 8-10 guests and offers breathtaking gulf views from your private balcony. What truly sets this unit apart is the stunning side view perspective — allowing you to take in miles of sugar-white sand and emerald waters stretching endlessly down the coastline. From sunrise coffee to sunset cocktails, the sweeping side views create a dramatic, postcard-worthy backdrop you simply won't want to leave.
Inside, you'll find a beautifully updated, open-concept layout featuring a renovated kitchen with granite countertops, white cabinetry, subway tile backsplash, and an oversized breakfast bar perfect for entertaining. The dining and living areas flow seamlessly, enhanced by mirrored walls that reflect natural light and maximize the gulf views. Updated flooring throughout adds a clean, coastal feel.
The gulf-front primary suite offers direct balcony access and incredible water views right from your bed. Additional bedrooms are spacious and thoughtfully designed for guests and family.
Major upgrades include completely repainted interior, AC condenser replaced (2022), new stove (2022), furniture upgrades (2023), new patio doors and windows (2024) and a new AC evaporator (2025).
Regency Towers offers one of the most impressive amenity packages in the area, including: two saltwater pools, waterslide, poolside bar/snack area, Indoor hot tub, game room with billiards, Seasonal community events, outdoor movies & poolside entertainment.
Located just minutes from St. Andrews State Park, you'll have some of the area's best outdoor recreation, boating, fishing, and nature trails right at your fingertips. Whether you're looking for a primary residence, second home, or high-performing rental investment, this Gulf-front condo delivers space, upgrades, amenities, and — most importantly — an unforgettable side coastline view that captures the true beauty of Panama City Beach. Schedule your private showing today!
For sale
$529,000
5801 Thomas Dr Unit 1204, Panama City Beach, FL 32408
3beds
1,248sqft
Condominium
Built in 1982
-- sqft lot
$511,000 Zestimate®
$424/sqft
$855/mo HOA
What's special
- 199 days
- 364
- 30
Zillow last checked:
Listing updated:
Listed by:
Crystal Duncan 850-866-8622,
Paradise Properties of NW Florida,
Savannah Z Hamilton 850-890-1300,
Paradise Properties of NW Florida
Source: CPAR,MLS#: 785136
Originating MLS: Central Panhandle Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Bedroom, Primary Bathroom
Bedroom
- Level: First
- Dimensions: 12 x 12
Bedroom
- Level: First
- Dimensions: 12 x 8
Primary bathroom
- Level: First
- Dimensions: 12 x 18
Heating
- Electric
Appliances
- Included: Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater
Features
- Balcony, Main Level Primary, Tub Shower
Interior area
- Total structure area: 1,248
- Total interior livable area: 1,248 sqft
Property
Parking
- Parking features: Gated, Paved, Parking Lot
Features
- 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
Lot
- Features: Paved
Details
- Parcel number: 32382313000
- Zoning description: Resid Multi-Family
- Special conditions: Listed As-Is
Construction
Type & style
- Home type: Condo
- Architectural style: High Rise
- Property subtype: Condominium
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1982
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Cable Connected, Electricity Available
Community & HOA
Community
- Features: Barbecue, Clubhouse, Conference/Meeting Room, Game Room, Pool, Waterfront, Community Pool, Gated, Short Term Rental Allowed
- Security: Fire Sprinkler System, Gated Community, 24 Hour Security, Security Guard, Security Lights, Security Service, Fire Alarm, Security Gate, Smoke Detector(s)
- Subdivision: Regency Towers
HOA
- Has HOA: Yes
- Amenities included: Gazebo, Barbecue, Picnic Area, Spa/Hot Tub
- Services included: Clubhouse, Insurance, Internet, Maintenance Grounds, Pool(s), Trash
- HOA fee: $2,564 quarterly
Location
- Region: Panama City Beach
Financial & listing details
- Price per square foot: $424/sqft
- Tax assessed value: $353,175
- Annual tax amount: $4,129
- Date on market: 8/4/2026
- Cumulative days on market: 200 days
- Electric utility on property: Yes
Estimated market value
$511,000
$485,000 - $537,000
$2,396/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/1/2026 | Price change | $529,000-1.9%$424/sqft |
Source: | ||
| 2/12/2026 | Listed for sale | $539,000+29.3%$432/sqft |
Source: | ||
| 11/19/2021 | Sold | $417,000-2.8%$334/sqft |
Source: | ||
| 10/11/2021 | Contingent | $429,000$344/sqft |
Source: | ||
| 10/5/2021 | Listed for sale | $429,000+114.5%$344/sqft |
Source: | ||
| 9/26/2017 | Sold | $200,000-6.1%$160/sqft |
Source: | ||
| 6/14/2017 | Pending sale | $212,900$171/sqft |
Source: Jim Free Realty LLC #653024 Report a problem | ||
| 1/19/2017 | Price change | $212,900-5.3%$171/sqft |
Source: Jim Free Realty LLC #653024 Report a problem | ||
| 12/2/2016 | Listed for sale | $224,900$180/sqft |
Source: Jim Free Realty LLC #653024 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,302 +3.4% | $341,977 +10% |
| 2023 | $4,159 +25.7% | $310,888 +10% |
| 2022 | $3,309 | $282,625 |
| 2021 | -- | -- |
| 2020 | $2,044 +19.3% | $149,413 +10% |
| 2019 | $1,714 | $135,830 -15% |
| 2018 | $1,714 -16% | $159,800 -9.1% |
| 2017 | $2,040 | $175,780 +10% |
| 2016 | -- | $159,800 +5.2% |
| 2015 | $2,052 | $151,938 +10% |
| 2014 | $2,052 | $138,125 +5.5% |
| 2013 | -- | $130,900 +10% |
| 2012 | -- | $119,000 -28.2% |
| 2011 | -- | $165,750 -2% |
| 2010 | -- | $169,150 -7.8% |
| 2009 | -- | $183,456 -11.7% |
| 2008 | -- | $207,701 -13.6% |
| 2007 | -- | $240,496 -23% |
| 2006 | -- | $312,333 +67.9% |
| 2005 | -- | $186,001 |
| 2004 | -- | $186,001 +11.9% |
| 2003 | -- | $166,201 |
| 2002 | -- | $166,201 |
| 2001 | -- | $166,201 +48.4% |
| 2000 | -- | $112,000 |
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.







