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Sold for $418,000
  • $418,000

    5801 Thomas Dr Unit 1216, Panama City Beach, FL 32408

    2beds
    1,144sqft
    Condominium
    Built in 1975
    -- sqft lot
    $472,500 Zestimate®
    $365/sqft
    $1,990 Estimated rent

    Home value

    $472,500

    $430,000 - $520,000

    $1,990/mo

    Zestimate® history
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    What's special

    Direct balcony accessNewly renovated interiorGuest bedroomUpdated light fixturesGulf front master brUpdated white cabinetsQuartz counters
    STUNNING GULF VIEWS, NEWLY RENOVATED INTERIOR, NEW WINDOWS & SLIDING GLASS DOORS $11K VALUE, GULF FRONT MASTER BR, & STRONG 2025 RENTALS SET THIS CONDO APART! Wish Life could be a VACATION!?! THIS IS IT... Spectacular Gulf Front Living in this Beautifully Updated Open Concept Condo w/Laundry Room is Ready For YOU! Sit on the Balcony & feel the stress melt away as you enjoy the tranquility of watching a breathtaking Sunset against the glistening turquoise water & white sand beach directly below you! Sold Fully Furnished & TURN KEY, this could be your next home, 2nd home, or Vacation Rental Investment. From the moment you step inside, enjoy classic coastal styling in the updated kitchen w/beautiful quartz counters, New Refrigerator, premium tile backsplash & updated white cabinets. Wood-look tile floors flow effortlessly throughout the unit & updated Light fixture add to the beauty & charm. Wake each morning to sprawling gulf views & direct balcony access from your spacious Master Suite located on the south side of the unit. The private, en suite, Master Bathroom has been updated with a Walk-in Shower & Quartz top Vanity. On the opposite side of the condo is an additional, well sized, Guest Bedroom, that could be maximized for additional guests. The unit also offers a 2nd Full Bathroom with a Tub/ Shower & updated Quartz top Vanity. The updated furnishings will appeal to owners & rental guests, helping to optimize rental investment income. The unit also features laundry area with Washer & Dryer included. For added Peace of Mind, HVAC was replaced in 2018 & Hot Water Heater was replaced in 2024. Resort amenities abound within the Private Gated Beach Front Community of Regency Towers. Go Play at one of the two massive Beach Front POOLS (one seasonally heated)! Relax in the interior Hot Tub, or catch a workout in the Fitness Center. Enjoy a game of pool with friends or family in the game room. Better yet, spend your day relaxing in the sun & playing on the world's prettiest beach! There is also overflow parking across the street that can be utilized through the HOA for oversized parking needs. The complex is located within close proximity to great restaurants, shopping, & plenty of entertainment for the whole family! Don't let Life Pass You By... Make your Dreams a Reality! Call your Realtor today to seclude a virtual or in-person tour! Resort amenities abound within the Private Gated Beach Front Community of Regency Towers. Go Play at one of the two massive Beach Front POOLS (one seasonally heated)! Relax in the interior Hot Tub, or catch a workout in the Fitness Center. Enjoy a game of pool with friends or family in the game room. Better yet, spend your day relaxing in the sun & playing on the world's prettiest beach! There is also overflow parking across the street that can be utilized through the HOA for oversized parking needs. The complex is located within close proximity to great restaurants, shopping, & plenty of entertainment for the whole family! Don't let Life Pass You By... Make your Dreams a Reality! Call your Realtor today to seclude a virtual or in-person tour!

    Zillow last checked:

    Listing updated:

    Listed by:

    Karen K Martineau 850-499-6930,

    RE/MAX Coastal Properties

    Bought with:

    Larell Paradise

    Christies International Real Estate Emerald Coast

    Source: CPAR,MLS#: 771265MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Bedroom, Kitchen, Living Room, Primary Bedroom, Other
    Primary bedroom
    • Level: First
    • Dimensions: 13.17 x 12
    Bedroom
    • Level: First
    • Dimensions: 13.17 x 12.17
    Kitchen
    • Level: First
    • Dimensions: 15.33 x 7.75
    Living room
    • Level: First
    • Dimensions: 15 x 12.25
    Other
    • Features: Balcony
    • Level: First
    • Dimensions: 7.5 x 12.42
    Heating
    • Electric
    Cooling
    • Central Air
    Appliances
    • Included: Electric Oven
    Interior area
    • Total structure area: 1,144
    • Total interior livable area: 1,144 sqft

    Property

    Parking
    • Parking features: Paved
    Features
    • Stories: 14
    • Patio & porch: Balcony
    • Pool features: Community
    • Has view: Yes
    • View description: Gulf
    • Has water view: Yes
    • Water view: Gulf
    • Waterfront features: Gulf, Shoreline - Sand
    Lot
    • Features: Paved
    Details
    • Parcel number: 32382142000

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: High Rise
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Stucco
    • Roof: Flat
    Condition
    • New construction: No
    • Year built: 1975

    Utilities & green energy

    • Utilities for property: Electricity Available, Sewer Available

    Community & HOA

    Community
    • Features: Barbecue, Beach, Clubhouse, Elevator, Fitness Center, Game Room, Park, Pool, Waterfront, Community Pool, Gated, Short Term Rental Allowed
    • Security: Gated Community, Security Fence
    • Subdivision: Regency Towers
    HOA
    • Has HOA: Yes
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $365/sqft
    • Tax assessed value: $411,825
    • Annual tax amount: $3,806
    • Date on market: 9/29/2025
    • Cumulative days on market: 211 days
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    11/6/2025Sold$418,000-3.9%$365/sqft
    Source: CPAR #771265 Report a problem
    10/29/2025Pending sale$434,900$380/sqft
    Source: CPAR #771265 Report a problem
    9/29/2025Listed for sale$434,900$380/sqft
    Source: ECAOR #972337 Report a problem
    9/24/2025Pending sale$434,900$380/sqft
    Source: ECAOR #972337 Report a problem
    8/26/2025Price change$434,9000%$380/sqft
    Source: ECAOR #972337 Report a problem
    6/24/2025Price change$435,000-5.2%$380/sqft
    Source: ECAOR #972337 Report a problem
    4/26/2025Price change$459,000-1.3%$401/sqft
    Source: ECAOR #972337 Report a problem
    3/27/2025Listed for sale$465,000+121.4%$406/sqft
    Source: ECAOR #972337 Report a problem
    3/14/2003Sold$210,000$184/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$3,806 +1.7%$226,270 +10%
    2023$3,742 +33.1%$205,700 +10%
    2022$2,811 $187,000
    2021-- --
    2020$2,060 +13.2%$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.

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