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Sold for $940,000
  • $940,000

    5801 Thomas Dr Unit 1404, Panama City Beach, FL 32408

    4beds
    2,155sqft
    Condominium
    Built in 1982
    -- sqft lot
    $886,100 Zestimate®
    $436/sqft
    $4,590 Estimated rent

    Home value

    $886,100

    $806,000 - $984,000

    $4,590/mo

    Zestimate® history
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    What's special

    Electric fireplaceExquisite finishesPristine beachRoomy bunk roomSleek quartz countertopsBreathtaking viewsLvp flooring
    Step into a world of luxury and relaxation at Regency Towers Penthouse 1404, where the beauty of the emerald coast and the ease of resort living come together in perfect harmony. Picture yourself waking up to the sound of gentle waves lapping against the shore, with 600 feet of pristine beach right at your doorstep. As you step onto your expansive top floor balcony, the breathtaking views stretch out before you, a daily reminder that paradise is yours. Imagine sipping a cocktail or enjoying a leisurely lunch at the poolside tiki bar and grill, soaking in the sun with the warm breeze caressing your skin. For those moments when you want to stay active, the fitness center offers stunning Gulf views, ensuring that every workout feels like a mini-vacation. This penthouse is not just a home; it's a sanctuary of elegance and comfort. With over 2,150 square feet, it boasts four spacious bedrooms, two beautifully appointed baths, and a dedicated office space, perfect for remote work or creative pursuits. The interior dazzles with exquisite finishes, including a wet bar with a wine fridge for entertaining, an electric fireplace for cozy evenings, sleek quartz countertops, and elegant LVP flooring throughout. The kids will adore the roomy bunk room, providing them with their own special retreat, while you host family gatherings in your spacious living areas. The expansive balcony invites you to unwind and soak in the mesmerizing sunset views, making every evening feel like a celebration. Regency Towers offers an array of fantastic amenities designed to enhance your lifestyle. Dive into one of the two Olympic-sized pools—one heated year-round—or unwind in the 10-person hot tub. The kiddie pool is perfect for little ones, and the fitness center ensures you stay in shape while enjoying the stunning scenery. Engage in friendly competition in the billiards room or host memorable events in the community room, complete with a kitchen. For outdoor enthusiasts, the beach is just steps away, with chair & umbrella rentals, jet ski adventures, and parasailing available right outside your door. Your furry friends are welcome too, as long as they are registered Emotional Support Animals. They'll love the dog walk and the large green space where they can run and play. Located just minutes from St. Andrews State Park, a plethora of entertainment options awaits—boat launches, arcades, go-kart tracks, and golf cart rentals, not to mention local favorites like Shipwreck Island Waterpark, Pier Park, and Top Golf. The vibrant nightlife and charming boutiques add to the allure of living at the World's Most Beautiful Beach. Don't miss the chance to experience this dream lifestyle. Be sure to check out the video tour in the images section, and if you're curious about rental projections or appraisals, just ask. Regency Towers Penthouse 1404 is waiting to welcome you home!

    Zillow last checked:

    Listing updated:

    Listed by:

    Larell Paradise 850-775-7617,

    Christies International Real Estate Emerald Coast

    Bought with:

    Brenton Hitchcock

    Hitchcock Real Estate LLC

    Source: CPAR,MLS#: 768906MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Bedroom, Primary Bedroom, Bonus Room
    Primary bedroom
    • Level: First
    • Dimensions: 15 x 13
    Bedroom
    • Level: First
    • Dimensions: 13 x 12
    Bedroom
    • Level: First
    • Dimensions: 12 x 9
    Other
    • Level: First
    • Dimensions: 17 x 15
    Appliances
    • Included: Bar Fridge, Electric Cooktop, Electric Oven, Electric Water Heater, Ice Maker
    Features
    • Smart Thermostat
    Interior area
    • Total structure area: 2,155
    • Total interior livable area: 2,155 sqft

    Property

    Features
    • Patio & porch: Balcony
    • Pool features: Electric Heat, In Ground, Community
    • Spa features: Community
    • Has view: Yes
    • View description: Gulf
    • Has water view: Yes
    • Water view: Gulf
    • Waterfront features: Gulf
    Details
    • Parcel number: 32382339000

    Construction

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

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: High Speed Internet Available

    Community & HOA

    Community
    • Features: Barbecue, Beach, Clubhouse, Conference/Meeting Room, Elevator, Fitness Center, Game Room, Gated, Park, Pool, Waterfront, Community Pool, Short Term Rental Allowed
    • Security: Gated with Guard, 24 Hour Security, Security Service
    • Subdivision: Regency Towers
    HOA
    • Has HOA: Yes
    • Amenities included: Game Room, Barbecue, Picnic Area, Spa/Hot Tub
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $436/sqft
    • Tax assessed value: $718,250
    • Annual tax amount: $8,867
    • Date on market: 2/15/2025
    • Cumulative days on market: 62 days

    Price history

    DateEventPrice
    5/5/2025Sold$940,000-3.6%$436/sqft
    Source: CPAR #768906 Report a problem
    4/18/2025Pending sale$975,000$452/sqft
    Source: CPAR #768906 Report a problem
    2/15/2025Listed for sale$975,000-1.4%$452/sqft
    Source: CPAR #768906 Report a problem
    1/16/2025Listing removed$989,000$459/sqft
    Source: Engel & Volkers #958364 Report a problem
    8/23/2024Listed for sale$989,000+19.9%$459/sqft
    Source: CPAR #761729 Report a problem
    6/15/2023Sold$825,000-8.2%$383/sqft
    Source: Public Record Report a problem
    4/23/2023Pending sale$899,000$417/sqft
    Source: ECAOR #918897 Report a problem
    4/23/2023Contingent$899,000$417/sqft
    Source: CPAR #738744 Report a problem
    4/18/2023Price change$899,000-3.8%$417/sqft
    Source: CPAR #738744 Report a problem
    4/11/2023Price change$934,655-1.1%$434/sqft
    Source: ECAOR #918897 Report a problem
    3/14/2023Listed for sale$944,655+45.3%$438/sqft
    Source: CPAR #738744 Report a problem
    11/16/2021Sold$649,950$302/sqft
    Source: CPAR #715221 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$8,867 +33%$718,250 +26.2%
    2023$6,667 +11.3%$569,075 +3%
    2022$5,990 $552,500
    2021-- --
    2020$2,601 +15.6%$197,313 +10%
    2019$2,250 $179,375 -15%
    2018$2,250 -16.1%$211,030 +3%
    2017$2,681 +2.3%$204,880 -7.1%
    2016$2,622 -7%$220,640 +7%
    2015$2,818 $206,298 +10%
    2014$2,818 $187,544
    2013-- $187,544 +1.7%
    2012-- $184,392 -11.1%
    2011-- $207,425 -2%
    2010-- $211,657 -21%
    2009-- $267,920 -17.8%
    2008-- $325,851 -13.6%
    2007-- $377,301 -23%
    2006-- $490,001 +17.5%
    2005-- $417,001
    2004-- $417,001 +54.4%
    2003-- $270,001
    2002-- $270,001
    2001-- $270,001 +50%
    2000-- $180,000
    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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    $886,100
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