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Sold for $380,000
    • $380,000

    5801 Thomas Dr Unit 422, Panama City Beach, FL 32408

    1beds
    916sqft
    Condominium
    Built in 1975
    -- sqft lot
    $360,300 Zestimate®
    $415/sqft
    $1,859 Estimated rent

    Home value

    $360,300

    $335,000 - $389,000

    $1,859/mo

    Zestimate® history
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    What's special

    Big Price Reduction! Seller is Motivated! Turnkey Rental Ready END unit at the beautiful Regency Towers. This unit offers views of the Gulf Of Mexico from the Front master bedroom and living room, both with access to a private balcony. The balcony offers unobstructed views of the Gulf of Mexico and the white sugar sands and emerald green waters. No high-rise blocking your endless views! Interior has been completely updated with new Kitchen Cabinets, porcelain tile, backsplash and counter tops. Bathrooms have been updated to match. NEW hurricane sliders and widows a HUGE energy saver. This unit is tastefully decorated and rental ready. Gross Income for 2023 was 40k. Bookings for 2025 already! This is a rental machine! Unit comes fully furnished and includes original artwork by Sharon Kator a well known seaside artist. Regency Towers Amenities include: a gated entry with 24 hour security services. 2 beachfront saltwater pools, one heated seasonally, a beachfront tiki bar open seasonally with wonderful food and drinks, dedicated kiddie pool, indoor hot tub, billiards room, fitness room, a party room that can be rented out, outdoor picnic area with grills, large grass area to play, dog area for owner pets only.

    Zillow last checked:

    Listing updated:

    Listed by:

    Leigh A Carr 816-810-9742,

    Emerald Coast Real Estate & Vacations LLC,

    Kelly R Zarda 850-532-8456,

    Emerald Coast Real Estate & Vacations LLC

    Bought with:

    Daniel Hagen, SL3387677

    Robert Slack, LLC

    Source: CPAR,MLS#: 753401MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Kitchen, Primary Bedroom, Other
    Primary bedroom
    • Dimensions: 13 x 13
    Kitchen
    • Dimensions: 14 x 8
    Other
    • Features: Balcony
    • Dimensions: 12 x 8.5
    Heating
    • Central, Electric
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Electric Water Heater
    Interior area
    • Total structure area: 916
    • Total interior livable area: 916 sqft

    Property

    Parking
    • Parking features: Gated, Parking Lot
    Accessibility
    • Accessibility features: Accessible Common Area
    Features
    • Stories: 14
    • Patio & porch: Balcony
    • Pool features: Fenced, 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
    Lot
    • Features: Paved
    Details
    • Additional structures: None
    • Parcel number: 32382044000

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: High Rise
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Stucco
    • Foundation: Pillar/Post/Pier
    Condition
    • Year built: 1975

    Utilities & green energy

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

    Community & HOA

    Community
    • Features: Barbecue, Elevator, Fitness Center, Game Room, Gated, Park, Pool, Short Term Rental Allowed
    • Security: Security Gate, 24 Hour Security, Security Guard, Fire Alarm, Security Service
    • Subdivision: Regency Towers
    HOA
    • Has HOA: Yes
    • Amenities included: Other, See Remarks, Game Room, Gated, Barbecue, Picnic Area, Spa/Hot Tub
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $415/sqft
    • Tax assessed value: $330,650
    • Annual tax amount: $2,579
    • Date on market: 2/28/2024
    • Cumulative days on market: 106 days
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    8/12/2024Sold$380,000-3.6%$415/sqft
    Source: CPAR #753401 Report a problem
    6/13/2024Pending sale$394,000$430/sqft
    Source: CPAR #753401 Report a problem
    6/6/2024Price change$394,000-0.2%$430/sqft
    Source: CPAR #753401 Report a problem
    5/29/2024Price change$394,9000%$431/sqft
    Source: CPAR #753401 Report a problem
    4/11/2024Price change$394,950-6%$431/sqft
    Source: CPAR #753401 Report a problem
    4/5/2024Price change$419,950-1.2%$458/sqft
    Source: CPAR #753401 Report a problem
    3/22/2024Price change$424,950-1.2%$464/sqft
    Source: CPAR #753401 Report a problem
    2/28/2024Listed for sale$429,950-6.5%$469/sqft
    Source: CPAR #753401 Report a problem
    1/25/2024Listing removed--
    Source: CPAR #747755 Report a problem
    11/8/2023Price change$459,950-1.1%$502/sqft
    Source: CPAR #747755 Report a problem
    10/11/2023Listed for sale$465,000+89.8%$508/sqft
    Source: CPAR #747755 Report a problem
    11/6/2019Sold$245,000-4.7%$267/sqft
    Source: CPAR #685243 Report a problem
    7/16/2019Price change$257,000-3.7%$281/sqft
    Source: Keller Williams Success Realty #685243 Report a problem
    6/22/2019Listed for sale$267,000+78%$291/sqft
    Source: Keller Williams Success Realty #685243 Report a problem
    5/26/2017Sold$150,000-14.3%$164/sqft
    Source: CPAR #371338 Report a problem
    5/8/2017Pending sale$175,000$191/sqft
    Source: Jim Free Realty LLC #371338 Report a problem
    4/29/2017Price change$175,000-33.5%$191/sqft
    Source: Jim Free Realty LLC #371338 Report a problem
    9/9/2012Listed for sale$263,000$287/sqft
    Source: Jim Free Realty #371338 Report a problem
    7/6/2012Listing removed$263,000$287/sqft
    Source: Jim Free Realty #371338 Report a problem
    11/7/2011Listed for sale$263,000$287/sqft
    Source: Jim Free Realty #371338 Report a problem
    9/23/2011Listing removed$263,000$287/sqft
    Source: Jim Free Realty #371338 Report a problem
    9/28/2008Listed for sale$263,000+54.7%$287/sqft
    Source: Jim Free Realty Report a problem
    4/4/2000Sold$170,000$186/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$3,406 +2.4%$230,727 +10%
    2023$3,325 +23.7%$209,752 +10%
    2022$2,687 $190,684
    2021-- --
    2020$1,957 +38.3%$157,590 +41.2%
    2019$1,415 $111,626 -15%
    2018$1,415 -15.9%$131,325 +6.6%
    2017$1,684 +5.7%$123,250 -10.3%
    2016$1,593 -6.3%$137,350 +9.2%
    2015$1,700 $125,800 +1.9%
    2014$1,700 $123,420
    2013-- $123,420 -1.2%
    2012-- $124,950
    2011-- $124,950 -2%
    2010-- $127,500 -5.3%
    2009-- $134,652 -31.9%
    2008-- $197,839 -13.6%
    2007-- $229,076 -23%
    2006-- $297,501 +51.8%
    2005-- $196,001
    2004-- $196,001 +24.5%
    2003-- $157,401
    2002-- $157,401
    2001-- $157,401 +85.2%
    2000-- $85,000
    Find assessor info on the county website

    Neighborhood: Lower Grand Lagoon

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    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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