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Sold for $495,000
  • $495,000

    5801 Thomas Dr Unit 121, Panama City Beach, FL 32408

    3beds
    1,372sqft
    Condominium
    Built in 1975
    -- sqft lot
    $493,100 Zestimate®
    $361/sqft
    $2,802 Estimated rent

    Home value

    $493,100

    $468,000 - $518,000

    $2,802/mo

    Zestimate® history
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    What's special

    Fully updated kitchenThree full bedroomsQuartz countersStainless appliancesCoveted first-floor condo
    Welcome to paradise at Regency Towers 121! This coveted first-floor condo offers the ultimate in beachfront living, with direct access to the courtyard area just steps from the pool, tiki bar, and grill. And with the sugar-white sands and emerald-green waters of the Gulf of Mexico just a few more steps away, you'll be living the coastal lifestyle you've always dreamed of. Inside, you'll find three full bedrooms and two full bathrooms, providing plenty of space for family and guests to relax and unwind. A full-size washer and dryer inside the condo make laundry a breeze, while the fully updated kitchen boasts stainless appliances and quartz counters, perfect for preparing meals and entertaining. The master bedroom and family room feature a closed-in patio overlooking the Gulf, where you can enjoy stunning sunsets and gentle sea breezes year-round. And with Regency Towers' amenities including multiple pools, a tiki bar and grill, beach chair rentals, beach bonfire rental, and beachside jet ski rentals, there's never a dull moment. After a day in the sun, indulge in the culinary delights of over 15 restaurants within a short distance of your doorstep. Whether you're craving fresh seafood, international cuisine, or classic comfort food, you'll find it all just moments away. Don't miss your chance to experience the best of beachfront living at Regency Towers 121. Unique opportunity to have all the benefits of Gulf Front, Coastal life and the first floor convenience, no elevator needed! Come visit today and start living your coastal dream!

    Zillow last checked:

    Listing updated:

    Listed by:

    Team Don and Bubba 850-624-8433,

    EXP Realty LLC

    Bought with:

    Larell Paradise

    Christies International Real Estate Emerald Coast

    Source: CPAR,MLS#: 788735MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Bedroom, Full Bath, Kitchen, Living Room, Primary Bathroom, Primary Bedroom
    Primary bedroom
    • Level: First
    • Dimensions: 14 x 12
    Bedroom
    • Level: First
    • Dimensions: 12 x 12
    Bedroom
    • Level: First
    • Dimensions: 12 x 8
    Primary bathroom
    • Level: First
    • Dimensions: 8 x 5
    Other
    • Level: First
    • Dimensions: 8 x 5
    Kitchen
    • Level: First
    • Dimensions: 12 x 8
    Living room
    • Level: First
    • Dimensions: 23 x 12
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Electric Oven, Electric Range, Electric Water Heater
    Features
    • Main Level Primary, Tub Shower
    Interior area
    • Total structure area: 1,372
    • Total interior livable area: 1,372 sqft

    Property

    Parking
    • Parking features: Additional Parking, Parking Lot
    Features
    • Exterior features: Barbecue, Outdoor Shower
    • Pool features: In Ground, Community
    • Has view: Yes
    • View description: Gulf
    • Has water view: Yes
    • Water view: Gulf
    • Waterfront features: Gulf
    Lot
    • Features: Paved
    Details
    • Parcel number: 32382004000
    • 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
    Materials
    • Stucco
    • Foundation: Pillar/Post/Pier
    • Roof: Flat,Membrane
    Condition
    • New construction: No
    • Year built: 1975

    Utilities & green energy

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

    Community & HOA

    Community
    • Features: Clubhouse, Fitness Center, Pool, Tennis Court(s), Waterfront, Barbecue, Community Pool, Gated, Short Term Rental Allowed
    • Security: Security Gate, Gated with Guard, Gated Community, 24 Hour Security, Security Guard, Security Service
    • Subdivision: Regency Towers
    HOA
    • Has HOA: Yes
    • Amenities included: Other, See Remarks, Beach Rights, Game Room, Gated, Barbecue
    • Services included: Association Management, Clubhouse, Cable TV, Fitness Facility, Internet, Legal/Accounting, Maintenance Grounds, Pest Control, Pool(s), Sewer, Security, Trash, Water
    • HOA fee: $2,566 quarterly
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $361/sqft
    • Tax assessed value: $484,500
    • Annual tax amount: $5,248
    • Date on market: 4/22/2026
    • Cumulative days on market: 1 day
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    5/12/2026Sold$495,000-0.8%$361/sqft
    Source: CPAR #788735 Report a problem
    4/24/2026Pending sale$499,000$364/sqft
    Source: CPAR #788735 Report a problem
    4/22/2026Listed for sale$499,000-16.1%$364/sqft
    Source: CPAR #788735 Report a problem
    7/24/2024Listing removed--
    Source: CPAR #755894 Report a problem
    6/14/2024Price change$595,000-4.8%$434/sqft
    Source: CPAR #755894 Report a problem
    4/18/2024Listed for sale$625,000+2.5%$456/sqft
    Source: CPAR #755894 Report a problem
    4/17/2023Sold$610,000$445/sqft
    Source: Public Record Report a problem
    3/25/2023Pending sale$610,000$445/sqft
    Source: CPAR #739044 Report a problem
    3/21/2023Listed for sale$610,000+126.8%$445/sqft
    Source: CPAR #739044 Report a problem
    8/26/2020Sold$269,000$196/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$5,994 +21%$484,500 +50.8%
    2023$4,952 +13%$321,277 +10%
    2022$4,384 $292,070
    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

    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.

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    $493,100
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    $502,962