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Sold for $730,000
  • $730,000

    5801 Thomas Dr Unit 1409, Panama City Beach, FL 32408

    3beds
    1,787sqft
    Condominium
    Built in 1975
    -- sqft lot
    $774,600 Zestimate®
    $409/sqft
    $3,166 Estimated rent

    Home value

    $774,600

    $697,000 - $860,000

    $3,166/mo

    Zestimate® history
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    What's special

    Modern sophisticationBeachfront poolCoastal charmStunning viewsMaster suiteGulf viewsShared bathroom
    Welcome to the epitome of coastal luxury living - a breathtaking Gulf front 3-bedroom, 2-bathroom penthouse that embodies the essence of tranquility and elegance. Perched atop a pristine beachfront property, this penthouse offers an unparalleled panoramic view of the sparkling cerulean waters of the Gulf of Mexico. As you step inside, you're immediately greeted by an open-concept living space that seamlessly combines style and comfort. The interior design boasts a fusion of modern sophistication and coastal charm, with soft tones of sand and sea reflecting the surrounding natural beauty. Large windows spanning from floor to ceiling flood the living area with an abundance of natural light, creating an airy ambiance that complements the spacious layout. The gourmet kitchen is a masterpiece in itself. Whether you're a culinary enthusiast or simply enjoy the art of entertaining, this kitchen is a dream come true. Dining area offers great space for dinners when you have a company over. The penthouse boasts three generously-sized bedrooms, each designed to offer privacy and relaxation. The master suite is a true oasis, complete with its own enclosed private balcony overlooking the Gulf - a perfect spot to savor the breathtaking sunsets that the region is renowned for. The en-suite bathroom has a separate walk-in shower, and elegant finishes that evoke a sense of indulgence. Two additional bedrooms are thoughtfully designed to accommodate family or guests, with comfortable furnishings and ample closet space. A shared bathroom showcases impeccable design, featuring theme of coastal elegance. The highlight of this penthouse is undoubtedly the expansive Gulf front terrace that extends from the living area. This outdoor haven is an extension of the living space, offering an ideal setting for al fresco dining, relaxation, and entertaining. With the soothing sound of the waves in the background, you'll find yourself captivated by the ever-changing colors of the sea and sky. As a resident of this exquisite penthouse, you'll also have access to an array of luxurious amenities, including beachfront pool, a fitness center with Gulf views, and a concierge service that ensures your every need is met. In conclusion, this Gulf front 3-bedroom, 2-bathroom penthouse is a testament to coastal living at its finest. With its stunning views, impeccable design, and array of amenities, it offers an unparalleled opportunity to experience the allure of beachfront living in absolute style and comfort. Can be a dream home or perfect investment property since short term rental are allowed at Regency Tower!

    Zillow last checked:

    Listing updated:

    Listed by:

    Tetiana Burke 850-849-7504,

    Coldwell Banker Realty

    Bought with:

    Larell Paradise

    Counts Real Estate Group Inc

    Source: CPAR,MLS#: 745739MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Bonus Room, Bedroom, Dining Room, Full Bath, Kitchen, Living Room, Primary Bathroom, Primary Bedroom
    Primary bedroom
    • Level: First
    • Dimensions: 17 x 12
    Bedroom
    • Level: First
    • Dimensions: 17 x 11.9
    Bedroom
    • Level: First
    • Dimensions: 12 x 11.7
    Primary bathroom
    • Level: First
    • Dimensions: 8 x 8
    Bonus room
    • Level: First
    • Dimensions: 7 x 12
    Dining room
    • Level: First
    • Dimensions: 15.2 x 17
    Other
    • Level: First
    • Dimensions: 8.5 x 4.9
    Kitchen
    • Level: First
    • Dimensions: 14.3 x 12
    Living room
    • Level: First
    • Dimensions: 25.9 x 17
    Heating
    • Central, Electric
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Electric Cooktop, Electric Oven, Electric Water Heater
    Interior area
    • Total structure area: 1,787
    • Total interior livable area: 1,787 sqft

    Property

    Parking
    • Parking features: Gated, Parking Lot
    Features
    • Stories: 14
    • Pool features: 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: 32382167000
    • 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, Stucco
    • Roof: Flat
    Condition
    • Year built: 1975

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Cable Connected, Electricity Available, Sewer Available, Water Connected

    Community & HOA

    Community
    • Features: Barbecue, Beach, Clubhouse, Conference/Meeting Room, Elevator, Fitness Center, Park, Pool, Home Owners Association, Short Term Rental Allowed
    • Security: Security Gate, Security Guard, Security Service
    • Subdivision: Regency Towers
    HOA
    • Has HOA: Yes
    • Amenities included: Other, See Remarks, Barbecue, Spa/Hot Tub
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $409/sqft
    • Tax assessed value: $718,250
    • Annual tax amount: $8,867
    • Date on market: 8/25/2023
    • Cumulative days on market: 29 days
    • Listing terms: Other
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    11/10/2023Sold$730,000-5.1%$409/sqft
    Source: CPAR #745739 Report a problem
    10/5/2023Pending sale$769,000$430/sqft
    Source: ECAOR #932441 Report a problem
    9/25/2023Contingent$769,000$430/sqft
    Source: CPAR #745739 Report a problem
    8/25/2023Listed for sale$769,000+92.3%$430/sqft
    Source: CPAR #745739 Report a problem
    10/29/2019Sold$400,000$224/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$8,867 +42.6%$718,250 +125%
    2023$6,219 +28.5%$319,184 +10%
    2022$4,840 $290,167
    2021-- --
    2020$2,992 +33%$242,685 +35.3%
    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 +112.2%
    2004-- $196,552 +1.9%
    2003-- $192,887 +2.4%
    2002-- $188,366 +1.6%
    2001-- $185,400 +3%
    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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