COOLER-SIDE LOCATION. SUNRISE COASTLINE VIEWS. CORNER-BALCONY LIVING. Regency Towers 1323 is a three-bedroom, two-bath beachfront condominium positioned on the east corner of the building in Panama City Beach, Florida. The corner balcony provides unobstructed east-facing views along the Panama City Beach coastline, additional lagoon and bay views, and a front-row perspective for sunrise. Tile flooring extends across the balcony, while wood-grain-look tile runs consistently throughout the interior.
All-new sliding glass doors and windows frame the surrounding views. Interior details include updated light fixtures, wainscoting accents in the hallways and bathrooms, updated bathroom vanities, and comfort-height toilets. The primary bedroom suite is furnished with a king-size bed. The second bedroom includes full-over-queen bunk beds, and the third bedroom is furnished with a full-size bed.
The kitchen features stainless steel appliances, and the unit includes a front-loading stackable washer and dryer. HVAC was replaced in 2017, and the water heater was replaced in 2021.
Regency Towers is a gated beachfront condominium community in the South Lagoon area of Panama City Beach, near St. Andrews State Park, area attractions, and dining options including Schooners, Patches Pub, and Captain Jack's. Community amenities include 24-hour security, on-site parking, two beachfront pools with one seasonally heated, a wading pool, indoor hot tub, owners' lounge, fitness center, game room, picnic and grilling area, private beach access by boardwalk, and The Sandbar, a recently remodeled on-site dining option currently open daily from 11 AM to 6 PM.
HOA dues are currently $2,546.30 per quarter and include water, sewer, trash service, pest control, and access to community amenities. Pets are not permitted under current association rules. Assistance animals are governed by applicable law and association procedures. All information is deemed reliable but not guaranteed; buyer to verify if important.
For sale
$505,000
5801 Thomas Dr Unit 1323, Panama City Beach, FL 32408
3beds
1,248sqft
Condominium
Built in 1975
-- sqft lot
$479,300 Zestimate®
$405/sqft
$849/mo HOA
What's special
Wading poolUpdated light fixturesIndoor hot tubFront-row perspective for sunriseComfort-height toiletsSunrise coastline viewsPicnic and grilling area
- 10 days
- 769
- 39
Zillow last checked:
Listing updated:
Listed by:
Alice de La Penha 850-771-3150,
Coldwell Banker Realty,
Sean P Casilli 850-771-7731,
Coldwell Banker Realty
Source: CPAR,MLS#: 794357
Originating MLS: Central Panhandle Association of REALTORS
Originating MLS: Central Panhandle Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Bedroom, Dining Room, Full Bath, Kitchen, Living Room, Primary Bathroom, Primary Bedroom, Other
Primary bedroom
- Level: First
- Dimensions: 12.5 x 21.2
Bedroom
- Level: First
- Dimensions: 12.5 x 11.7
Bedroom
- Level: First
- Dimensions: 8.3 x 11.2
Primary bathroom
- Level: First
- Dimensions: 8.9 x 5
Dining room
- Level: First
- Dimensions: 12.1 x 9.11
Other
- Level: First
- Dimensions: 8.9 x 5.4
Kitchen
- Level: First
- Dimensions: 12.1 x 16.4
Living room
- Level: First
- Dimensions: 12.1 x 12.2
Other
- Features: Balcony
- Level: First
- Dimensions: 12.8 x 8
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Washer/Dryer Stacked, Electric Oven, Electric Water Heater
- Laundry: Stacked
Features
- Balcony, Main Level Primary, Tub Shower
Interior area
- Total structure area: 1,248
- Total interior livable area: 1,248 sqft
Video & virtual tour
Property
Parking
- Parking features: Parking Lot
Features
- Patio & porch: Balcony
- 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
Details
- Parcel number: 32382162000
- Zoning description: Resid Multi-Family
Construction
Type & style
- Home type: Condo
- Architectural style: High Rise
- Property subtype: Condominium
- Attached to another structure: Yes
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: Barbecue, Conference/Meeting Room, Elevator, Fitness Center, Gated, Pool, Waterfront, Community Pool, 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: Beach Rights, Game Room, Gated, Barbecue, Picnic Area, Sauna
- Services included: Association Management, Clubhouse, Fitness Facility, Insurance, Legal/Accounting, Maintenance Grounds, Pool(s), Sewer, Tennis Courts, Trash, Water
- HOA fee: $2,546 quarterly
Location
- Region: Panama City Beach
Financial & listing details
- Price per square foot: $405/sqft
- Tax assessed value: $353,175
- Annual tax amount: $4,502
- Date on market: 8/20/2026
- Electric utility on property: Yes
Estimated market value
$479,300
$455,000 - $503,000
$2,426/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/20/2026 | Listed for sale | $505,000-3.6%$405/sqft |
Source:  CPAR #794357 Report a problem | ||
| 7/25/2023 | Sold | $524,000-2.8%$420/sqft |
Source: CPAR #743313 Report a problem | ||
| 7/16/2023 | Pending sale | $539,000$432/sqft |
Source:  ECAOR #926455 Report a problem | ||
| 7/11/2023 | Price change | $539,000-1.8%$432/sqft |
Source: CPAR #743313 Report a problem | ||
| 6/28/2023 | Listed for sale | $549,000+12%$440/sqft |
Source: CPAR #743313 Report a problem | ||
| 2/24/2023 | Sold | $490,000-1%$393/sqft |
Source: CPAR #734307 Report a problem | ||
| 2/3/2023 | Pending sale | $495,000$397/sqft |
Source: CPAR #734307 Report a problem | ||
| 11/5/2022 | Listed for sale | $495,000+43.5%$397/sqft |
Source: CPAR #734307 Report a problem | ||
| 3/26/2021 | Sold | $345,000-5.5%$276/sqft |
Source: Public Record Report a problem | ||
| 2/8/2021 | Pending sale | $365,000$292/sqft |
Source: CPAR #705080 Report a problem | ||
| 1/19/2021 | Price change | $365,000-3.7%$292/sqft |
Source: CPAR #705080 Report a problem | ||
| 11/30/2020 | Listed for sale | $379,000+72.3%$304/sqft |
Source: CPAR #705080 Report a problem | ||
| 11/9/2017 | Sold | $220,000-11.5%$176/sqft |
Source: Public Record Report a problem | ||
| 10/19/2017 | Pending sale | $248,500$199/sqft |
Source: Jim Free Realty LLC #636757 Report a problem | ||
| 7/14/2017 | Listed for sale | $248,500+18.9%$199/sqft |
Source: Jim Free Realty LLC #636757 Report a problem | ||
| 5/4/2017 | Listing removed | $209,000$167/sqft |
Source: Jim Free Realty LLC #636757 Report a problem | ||
| 12/29/2016 | Price change | $209,000-4.6%$167/sqft |
Source: Jim Free Realty LLC #636757 Report a problem | ||
| 8/1/2016 | Price change | $219,000-4.4%$175/sqft |
Source: Jim Free Realty LLC #636757 Report a problem | ||
| 10/2/2015 | Listed for sale | $229,000$183/sqft |
Source: Jim Free Realty LLC #636757 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,380 +5.3% | $353,175 +13.6% |
| 2023 | $4,159 +25.7% | $310,888 +10% |
| 2022 | $3,309 | $282,625 |
| 2021 | -- | -- |
| 2020 | $1,939 +13.1% | $149,413 +10% |
| 2019 | $1,714 | $135,830 -15% |
| 2018 | $1,714 -16% | $159,800 -9.1% |
| 2017 | $2,040 -11.1% | $175,780 +10% |
| 2016 | $2,294 +11.8% | $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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Neighborhood: Lower Grand Lagoon
Nearby schools
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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