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For sale
  • $529,000

    5801 Thomas Dr Unit 1204, Panama City Beach, FL 32408

    3beds
    1,248sqft
    : 
    $4,289/mo
    Get pre-qualified
    Condominium
    Built in 1982
    -- sqft lot
    $511,000 Zestimate®
    $424/sqft
    $855/mo HOA

    What's special

    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!
    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#: 785136MLS LogoOriginating 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

        DateEventPrice
        5/1/2026Price change$529,000-1.9%$424/sqft
        Source: CPAR #785136 Report a problem
        2/12/2026Listed for sale$539,000+29.3%$432/sqft
        Source: CPAR #785136 Report a problem
        11/19/2021Sold$417,000-2.8%$334/sqft
        Source: CPAR #717605 Report a problem
        10/11/2021Contingent$429,000$344/sqft
        Source: CPAR #717605 Report a problem
        10/5/2021Listed for sale$429,000+114.5%$344/sqft
        Source: CPAR #717605 Report a problem
        9/26/2017Sold$200,000-6.1%$160/sqft
        Source: CPAR #653024 Report a problem
        6/14/2017Pending sale$212,900$171/sqft
        Source: Jim Free Realty LLC #653024 Report a problem
        1/19/2017Price change$212,900-5.3%$171/sqft
        Source: Jim Free Realty LLC #653024 Report a problem
        12/2/2016Listed for sale$224,900$180/sqft
        Source: Jim Free Realty LLC #653024 Report a problem

        Public tax history

        YearProperty taxesTax 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

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Lower Grand Lagoon

        Getting around

        41 / 100
        Car-Dependent
        47 / 100
        Somewhat Bikeable

        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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