PENTHOUSE ALERT! 3 king size bedrooms with plenty of space to add a 4th! 2 of the bedrooms are GULF FRONT and another with lagoon views. Extra Large living area and expansive balcony overlooking the emerald coast. Large dining room could easily be converted into 4th bedroom or bunk room to maximize occupancy. Also space to add a 3rd bathroom off of master bath. Estimate provided in documents tab to add 4th bedroom & 3rd bathroom. Beautiful as it is, perfect for a second home or primary residence. Rental income potential $125,000+. Master bedroom has its own private balcony/sunroom.
Regency Towers' fantastic amenities include two olympic size pools- one heated year round, a full service poolside bar & grill, indoor hot tub, kiddie pool, outdoor showers, exercise facility, billiards room, multiple picnic areas with grills, large community room, and plenty of engaging in house activities are offered year round!
Located just minutes from St. Andrews state park, multiple boat launches, arcades, Go kart tracks, golf cart/scooter rental, bike rental, mini golf, amusement rides, Shipwreck Island Waterpark, restaurants, clothing boutiques, jet ski/boat rental, Top Golf, Dolly Parton's Dinner Theater, Tootsie's Orchid Lounge and engaging Nightlife!!! All this & more at the World's Most Beautiful Beach!
For sale
$950,000
5801 Thomas Dr Unit 1411, Panama City Beach, FL 32408
3beds
1,903sqft
Condominium
Built in 1975
-- sqft lot
$881,100 Zestimate®
$499/sqft
$1,132/mo HOA
What's special
Indoor hot tubOutdoor showersLarge dining roomKiddie poolAnother with lagoon views
- 143 days
- 203
- 8
Zillow last checked:
Listing updated:
Listed by:
Larell Paradise 850-775-7617,
Christies International Real Estate Emerald Coast
Source: CPAR,MLS#: 788191
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, Living Room, Primary Bedroom, Other
Primary bedroom
- Level: First
- Dimensions: 12 x 17
Bedroom
- Level: First
- Dimensions: 12 x 17
Bedroom
- Level: First
- Dimensions: 12 x 11
Dining room
- Level: First
- Dimensions: 24 x 16
Living room
- Dimensions: 26 x 18
Other
- Features: Balcony
- Level: First
- Dimensions: 38 x 12
Features
- Main Level Primary
Interior area
- Total structure area: 1,903
- Total interior livable area: 1,903 sqft
Video & virtual tour
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, Shoreline - Sand
- Frontage length: 600
Details
- Parcel number: 32382169000
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
Community & HOA
Community
- Features: Barbecue, Beach, Clubhouse, Conference/Meeting Room, Elevator, Fitness Center, Game Room, Gated, Park, Pool, Shopping, Waterfront, Community Pool, Short Term Rental Allowed
- Security: Security Service
- Subdivision: Regency Towers
HOA
- Has HOA: Yes
- Amenities included: Beach Rights, Game Room, Gated, Barbecue, Picnic Area, Spa/Hot Tub
- Services included: Clubhouse, Cable TV, Fitness Facility, Insurance, Internet, Maintenance Grounds, Pest Control, Pool(s), Sewer, Security, Trash, Water
- HOA fee: $3,395 quarterly
Location
- Region: Panama City Beach
Financial & listing details
- Price per square foot: $499/sqft
- Tax assessed value: $720,750
- Annual tax amount: $4,805
- Date on market: 4/10/2026
- Cumulative days on market: 113 days
Estimated market value
$881,100
$837,000 - $925,000
$3,796/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/11/2026 | Listed for sale | $950,000+111.1%$499/sqft |
Source:  CPAR #788191 Report a problem | ||
| 5/21/2008 | Sold | $450,000$236/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $8,354 -1.7% | $720,750 |
| 2023 | $8,501 +31.6% | $720,750 +29.9% |
| 2022 | $6,459 | $555,000 |
| 2021 | -- | -- |
| 2020 | $2,526 +10.7% | $200,063 +10% |
| 2019 | $2,281 | $181,875 -14.8% |
| 2018 | $2,281 -15.9% | $213,530 +3% |
| 2017 | $2,713 +2.2% | $207,380 -7.1% |
| 2016 | $2,654 -7% | $223,140 +6.7% |
| 2015 | $2,853 | $209,048 +10% |
| 2014 | $2,853 | $190,044 |
| 2013 | -- | $190,044 +1.7% |
| 2012 | -- | $186,892 -11% |
| 2011 | -- | $209,925 -2% |
| 2010 | -- | $214,157 -21.5% |
| 2009 | -- | $272,670 -17.5% |
| 2008 | -- | $330,601 -13.6% |
| 2007 | -- | $382,801 -9.2% |
| 2006 | -- | $421,501 +17.3% |
| 2005 | -- | $359,451 -14.8% |
| 2004 | -- | $422,001 +53.5% |
| 2003 | -- | $275,001 |
| 2002 | -- | $275,001 |
| 2001 | -- | $275,001 +48.6% |
| 2000 | -- | $185,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
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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