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Sold for $520,000
    • $520,000

    5801 Thomas Dr Unit 1301, Panama City Beach, FL 32408

    3beds
    1,560sqft
    Condominium
    Built in 1982
    -- sqft lot
    $518,000 Zestimate®
    $333/sqft
    $3,216 Estimated rent

    Home value

    $518,000

    $471,000 - $570,000

    $3,216/mo

    Zestimate® history
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    What's special

    Hvac unitTile floors
    CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. You can Own a 3 Bedroom unit at Regency Towers for the Price of a 2 Bed Unit. This is a 3 Bed 2 Bath Condo that been used as a second home since 2009 (NOT used as a Rental). The condo has spectacular gulf , beach and sunset views. It is one of the few units that has 2 large extra windows giving it amazing views of the Grand Lagoon and St. Andrews Bay Great Sunrise & Sunset Views. This 1560 square foot unit is priced $100 per square foot under the average price at Regency Towers. Tile Floors. Reme Halo air purification system in the condo . It is built in to the HVAC unit. Enjoy 2 Large Pools (one heated), hot tub,& a snack bar on the beach. Regency Towers is a private, gated community, has renovated exercise facilities, billiards and party room! Excellent income opportunity or make it your home! This is a fantastic value and a great buy.

    Zillow last checked:

    Listing updated:

    Listed by:

    Alan Ballas 850-694-4001,

    AMERICAN REALTY of Bay Co, Inc

    Bought with:

    Larell Paradise

    Christies International Real Estate Emerald Coast

    Source: CPAR,MLS#: 767153MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Bedroom, Primary Bedroom
    Primary bedroom
    • Description: Approximate
    • Level: First
    • Dimensions: 14 x 12
    Bedroom
    • Description: Approximate
    • Level: First
    • Dimensions: 14 x 12
    Bedroom
    • Description: Approximate
    • Level: First
    • Dimensions: 11 x 10
    Heating
    • Central
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Convection Oven, ENERGY STAR Qualified Appliances, Electric Water Heater
    Interior area
    • Total structure area: 1,560
    • Total interior livable area: 1,560 sqft

    Property

    Parking
    • Parking features: Paved, Parking Lot
    Features
    • Stories: 14
    • Patio & porch: Balcony
    • Pool features: Electric Heat, In Ground, Salt Water, Community
    • Spa features: Community
    • Has view: Yes
    • View description: Gulf
    • Has water view: Yes
    • Water view: Gulf
    • Waterfront features: Gulf, Shoreline - Sand
    Details
    • Parcel number: 32382323000
    • Special conditions: Listed As-Is

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: High Rise
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Concrete
    Condition
    • New construction: No
    • Year built: 1982

    Utilities & green energy

    • Utilities for property: Cable Connected, Electricity Available
    Green energy
    • Energy efficient items: Appliances

    Community & HOA

    Community
    • Features: Barbecue, Beach, Clubhouse, Conference/Meeting Room, Elevator, Fitness Center, Gated, Pool, Waterfront, Community Pool, Short Term Rental Allowed
    • Security: Closed Circuit Camera(s), 24 Hour Security, Fire Alarm, Smoke Detector(s), Security Service
    • Subdivision: Regency Towers
    HOA
    • Has HOA: Yes
    • Amenities included: Beach Rights, Barbecue, Spa/Hot Tub
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $333/sqft
    • Tax assessed value: $446,250
    • Annual tax amount: $4,190
    • Date on market: 1/13/2025
    • Cumulative days on market: 45 days
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    4/23/2025Sold$520,000+0.2%$333/sqft
    Source: CPAR #767153 Report a problem
    2/28/2025Pending sale$518,800$333/sqft
    Source: CPAR #767153 Report a problem
    1/13/2025Listed for sale$518,800-1.2%$333/sqft
    Source: CPAR #767153 Report a problem
    5/20/2024Listing removed--
    Source: CPAR #750461 Report a problem
    4/17/2024Listed for sale$525,000$337/sqft
    Source: CPAR #750461 Report a problem
    4/15/2024Pending sale$525,000$337/sqft
    Source: CPAR #750461 Report a problem
    4/5/2024Contingent$525,000$337/sqft
    Source: CPAR #750461 Report a problem
    3/6/2024Price change$525,000-3.7%$337/sqft
    Source: CPAR #750461 Report a problem
    2/13/2024Price change$545,000-2.5%$349/sqft
    Source: CPAR #750461 Report a problem
    12/19/2023Listed for sale$558,800+144.6%$358/sqft
    Source: CPAR #750461 Report a problem
    10/26/2015Sold$228,500-4.8%$146/sqft
    Source: CPAR #615304 Report a problem
    7/28/2015Listed for sale$239,900-10.8%$154/sqft
    Source: Jim Free Realty LLC #615304 Report a problem
    3/20/2015Listing removed$269,000$172/sqft
    Source: Jim Free Realty #615304 Report a problem
    10/22/2014Price change$269,000-6.9%$172/sqft
    Source: Jim Free Realty #615304 Report a problem
    12/13/2013Listed for sale$289,000+53.7%$185/sqft
    Source: Jim Free Realty #615304 Report a problem
    1/7/2010Sold$188,000-55.8%$121/sqft
    Source: Public Record Report a problem
    5/6/2005Sold$425,000-19%$272/sqft
    Source: Public Record Report a problem
    2/12/2004Sold$525,000$337/sqft
    Source: Agent Provided Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$4,273 +2%$266,943 +10%
    2023$4,190 +39.6%$242,675 +10%
    2022$3,001 $220,614
    2021-- --
    2020$2,740 +14.7%$206,273 +8.2%
    2019$2,388 $190,561 -5%
    2018$2,388 -11.4%$200,558 +10%
    2017$2,695 +15.3%$182,325 -6.1%
    2016$2,338 -5.1%$194,225 +7.9%
    2015$2,464 $179,988 +10%
    2014$2,464 $163,625 +0.5%
    2013-- $162,800 +10%
    2012-- $148,000 -5.1%
    2011-- $155,975 -8.3%
    2010-- $170,000 -25.9%
    2009-- $229,320 -1.1%
    2008-- $231,754 -13.6%
    2007-- $268,346 -23%
    2006-- $348,501 +69.2%
    2005-- $206,001
    2004-- $206,001 +15.1%
    2003-- $178,901
    2002-- $178,901
    2001-- $178,901 +51.6%
    2000-- $118,000
    Find assessor info on the county website

    Neighborhood: Lower Grand Lagoon

    Nearby homes

    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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