Skip main navigation
Sold for $450,000
  • $450,000

    5801 Thomas Dr Unit 1209, Panama City Beach, FL 32408

    2beds
    1,144sqft
    Condominium
    Built in 1982
    -- sqft lot
    $442,200 Zestimate®
    $393/sqft
    $2,345 Estimated rent

    Home value

    $442,200

    $407,000 - $482,000

    $2,345/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $2,345/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $2,345/mo

    Rent Zestimate®

    Refinance and save

    $2,920/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $2,920/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    Gulf of mexicoYard gamesHot tubWood-look plank tileGranite countertopsExercise roomPanama city beach
    Welcome to Regency Towers unit #1209! Nearly $47K in 2023 rental production! And this is missing May rents due to transitioning management companies! This 2 bedroom, 2 bathroom unit has direct views to the turquoise waters of the Gulf of Mexico and includes many thoughtful updates. The kitchen includes granite countertops, stainless appliances and subway tile backsplash. The flooring has been updated to a durable, wood-look plank tile. The design and furnishings are coastal chic and will catch the attention of rental guests when searching for accommodations. This unit will be a fantastic rental investment or second home. Schedule your appointment to see this gorgeous unit today! Regency Towers is a private, gated beachfront Resort in Panama City Beach with 14 floors, 340 condos and over 560 feet of beachfront property. Imagine yourself enjoying one of the two gulf front pools, overlooking the beach and Gulf of Mexico and enjoying food and drinks from Bikini Bob's Tiki Bar! The resort has a ton of activities to keep you entertained: hot tub, exercise room, billiards room, yard games (volleyball and cornhole. It's no wonder why Regency Towers has been a favorite destination of guests for 4 decades.

    Zillow last checked:

    Listing updated:

    Listed by:

    Eric J Leitten 850-496-1671,

    Real Broker LLC

    Bought with:

    Eric J Leitten

    Real Broker LLC

    Source: CPAR,MLS#: 747592MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Bedroom, Primary Bedroom
    Primary bedroom
    • Level: First
    • Dimensions: 13 x 12
    Bedroom
    • Level: First
    • Dimensions: 12 x 12
    Heating
    • Central, Heat Pump
    Cooling
    • Central Air
    Appliances
    • Included: Electric Cooktop, Electric Oven, Electric Water Heater
    Interior area
    • Total structure area: 1,144
    • Total interior livable area: 1,144 sqft

    Property

    Parking
    • Parking features: Additional Parking, Gated, Paved, Parking Lot
    Features
    • Patio & porch: Balcony
    • Pool features: Gas Heat, In Ground, Community
    • Spa features: Community
    • Has view: Yes
    • View description: Gulf, Lagoon
    • Has water view: Yes
    • Water view: Gulf,Lagoon
    • Waterfront features: Gulf, Shoreline - Sand
    Lot
    • Features: Paved
    Details
    • Parcel number: 32382318000
    • Zoning description: Resid Multi-Family

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: High Rise
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Concrete, Stucco
    • Foundation: Pillar/Post/Pier
    • Roof: Flat,Membrane
    Condition
    • Year built: 1982

    Utilities & green energy

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

    Community & HOA

    Community
    • Features: Barbecue, Beach, Clubhouse, Elevator, Fitness Center, Game Room, Gated, Park, 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, Game Room, Gated, Barbecue
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $393/sqft
    • Tax assessed value: $411,825
    • Annual tax amount: $3,481
    • Date on market: 10/6/2023
    • Cumulative days on market: 165 days

    Price history

    DateEventPrice
    4/24/2024Sold$450,000-5.2%$393/sqft
    Source: CPAR #747592 Report a problem
    3/20/2024Contingent$474,500$415/sqft
    Source: CPAR #747592 Report a problem
    3/20/2024Pending sale$474,500$415/sqft
    Source: ECAOR #934008 Report a problem
    3/2/2024Price change$474,500-5%$415/sqft
    Source: CPAR #747592 Report a problem
    11/20/2023Price change$499,500-0.1%$437/sqft
    Source: ECAOR #934008 Report a problem
    11/14/2023Price change$499,900-3.7%$437/sqft
    Source: CPAR #747592 Report a problem
    10/6/2023Listed for sale$519,000+48.3%$454/sqft
    Source: CPAR #747592 Report a problem
    7/1/2021Sold$350,000+0%$306/sqft
    Source: Public Record Report a problem
    5/14/2021Pending sale$349,900$306/sqft
    Source: Owner Report a problem
    4/20/2021Listed for sale$349,900+86.6%$306/sqft
    Source: Owner Report a problem
    4/14/2017Sold$187,500$164/sqft
    Source: CPAR #656250 Report a problem
    3/10/2017Listed for sale$187,500$164/sqft
    Source: Top Producers Real Estate Ctr #656250 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$4,739 +3.1%$359,975 +10%
    2023$4,595 +32%$327,250 +10%
    2022$3,481 $297,500
    2021-- --
    2020$2,125 +16.7%$158,950 +10%
    2019$1,820 $144,500 -15%
    2018$1,820 -16%$170,000 +4.7%
    2017$2,168 +3.9%$162,350 +0.5%
    2016$2,086 -1.3%$161,500 +2.8%
    2015$2,113 $157,038
    2014$2,113 $157,038 +7.1%
    2013-- $146,625 +5.5%
    2012-- $138,975 -4.1%
    2011-- $144,925 -11.4%
    2010-- $163,625 -2.7%
    2009-- $168,168 -24.7%
    2008-- $223,275 -13.6%
    2007-- $258,529 -23%
    2006-- $335,751 +63%
    2005-- $206,001
    2004-- $206,001 +22.6%
    2003-- $168,001
    2002-- $168,001
    2001-- $168,001 +52.7%
    2000-- $110,000
    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: CPAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

    Get pre-qualified for a loan
    At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.

    An equal housing lender. NMLS #10287.

    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $442,200
    2% more
    +$8,844
    With Zillow Showcase(estimated)
    $451,044