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Off market
  • $581,500

    5801 Thomas Dr Unit 501, Panama City Beach, FL 32408

    3beds
    1,560sqft
    Condominium
    Built in 1982
    -- sqft lot
    $581,500 Zestimate®
    $373/sqft
    $3,216 Estimated rent

    Home value

    $581,500

    $535,000 - $640,000

    $3,216/mo

    Zestimate® history
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    What's special

    Absolutely stunning 3 bed/2 bath gulf view condo with over 1500 SqFt! Fully renovated and rental ready, with furnishings to comfortably sleep 8-10 guests. This condo is very spacious with modern coastal 30A vibes, unlike anything you've seen at Regency Towers! This would be an income producing machine, or perfect home away from home for larger families. Fully renovated kitchen and baths, durable Quartz counters, Luxury Vinyl Plank floors, scrubbable wall paint, custom tiled showers, and a luxurious fireplace feature all add to the high-end feel the moment you walk in. Priced as one of the lowest updated 3-bedroom condos on the beach, this is a must see before it's gone! Panama City Beach is known for its miles of white-sand beaches along the Emerald waters of the Gulf of Mexico. Regency Towers is an iconic PCB private gated resort on the quieter East end of the beach, with two large pools (heated in the winter), hot tub, Bikini Bobs full-service bar and grill, exercise room, boardwalk, easy beach access, snowbird and family friendly!

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kelli Lazidis 405-246-5402,

    RE Florida Homes

    Bought with:

    Matthew T Jones MBA, BK3246117

    Coastal Heritage Real Estate LLC

    Source: CPAR,MLS#: 742455MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Bedroom
    Bedroom
    • Level: First
    • Dimensions: 12 x 14
    Bedroom
    • Level: First
    • Dimensions: 12 x 15
    Bedroom
    • Level: First
    • Dimensions: 9 x 12
    Heating
    • Central, Fireplace(s)
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Electric Range, Electric Water Heater, Ice Maker
    Features
    • Has fireplace: Yes
    • Fireplace features: Electric
    Interior area
    • Total structure area: 1,560
    • Total interior livable area: 1,560 sqft

    Property

    Features
    • Stories: 14
    • Patio & porch: Balcony
    • Exterior features: Barbecue
    • Pool features: Electric Heat, Community, Pool
    • Has view: Yes
    • View description: Gulf
    • Has water view: Yes
    • Water view: Gulf
    • Waterfront features: Gulf
    Details
    • Parcel number: 32382220000
    • Special conditions: Listed As-Is

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: High Rise
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Condition
    • Year built: 1982

    Community & HOA

    Community
    • Features: Beach, Clubhouse, Elevator, Fitness Center, Game Room, Pool, Waterfront, Barbecue, Gated, Home Owners Association, Short Term Rental Allowed
    • Security: Security Gate, Gated with Guard, Gated Community, 24 Hour Security, Security Guard, Fire Alarm, Smoke Detector(s), Security Service
    • Subdivision: Regency Towers
    HOA
    • Has HOA: Yes
    • Amenities included: Other, See Remarks, Beach Rights, Gated, Barbecue, Spa/Hot Tub
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $373/sqft
    • Tax assessed value: $446,250
    • Annual tax amount: $3,001
    • Date on market: 6/7/2023
    • Cumulative days on market: 2 days

    Price history

    DateEventPrice
    10/1/2025Listing removed$599,000$384/sqft
    Source: CPAR #763986 Report a problem
    5/20/2025Price change$599,000-4.2%$384/sqft
    Source: CPAR #763986 Report a problem
    4/9/2025Price change$625,000-3.1%$401/sqft
    Source: CPAR #763986 Report a problem
    3/24/2025Price change$645,000-2.3%$413/sqft
    Source: CPAR #763986 Report a problem
    1/27/2025Price change$660,000-2.2%$423/sqft
    Source: CPAR #763986 Report a problem
    1/8/2025Price change$675,000-3.4%$433/sqft
    Source: CPAR #763986 Report a problem
    10/18/2024Listed for sale$699,000+10.1%$448/sqft
    Source: CPAR #763986 Report a problem
    6/20/2023Sold$635,000-0.6%$407/sqft
    Source: CPAR #742455 Report a problem
    6/10/2023Pending sale$639,000$410/sqft
    Source: CPAR #742455 Report a problem
    6/10/2023Contingent$639,000$410/sqft
    Source: CPAR #742455 Report a problem
    6/7/2023Listed for sale$639,000+33.1%$410/sqft
    Source: CPAR #742455 Report a problem
    4/25/2022Sold$480,000+1.1%$308/sqft
    Source: CPAR #724848 Report a problem
    4/10/2022Pending sale$475,000$304/sqft
    Source: CPAR #724848 Report a problem
    4/8/2022Listed for sale$475,000+220.9%$304/sqft
    Source: CPAR #724848 Report a problem
    4/28/2011Sold$148,000-11.3%$95/sqft
    Source: Public Record Report a problem
    1/27/2011Listed for sale$166,900+1552.5%$107/sqft
    Source: Visual Tour #413035 Report a problem
    11/8/2010Sold$10,100-95.6%$6/sqft
    Source: Public Record Report a problem
    4/10/2003Sold$230,000$147/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$5,524 -1.7%$446,250
    2023$5,619 +87.3%$446,250 +102.3%
    2022$3,001 $220,614
    2021-- --
    2020$2,740 +14.7%$206,273 +8.2%
    2019$2,388 $190,561 -5%
    2018$2,388 -11.4%$200,558 +10%
    2017$2,695 +15.3%$182,325 -6.1%
    2016$2,338 -5.1%$194,225 +7.9%
    2015$2,464 $179,988 +10%
    2014$2,464 $163,625 +0.5%
    2013-- $162,800 +10%
    2012-- $148,000 -5.1%
    2011-- $155,975 -8.3%
    2010-- $170,000 -24.2%
    2009-- $224,234 +0.1%
    2008-- $224,011 +3%
    2007-- $217,486 +2.5%
    2006-- $212,181 +3%
    2005-- $206,001
    2004-- $206,001 +15.1%
    2003-- $178,901
    2002-- $178,901
    2001-- $178,901 +51.6%
    2000-- $118,000
    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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    $581,500
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    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
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    With Zillow Showcase(estimated)
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