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Sold for $485,000
  • $485,000

    5801 Thomas Dr Unit 506, Panama City Beach, FL 32408

    3beds
    1,372sqft
    Condominium
    Built in 1982
    -- sqft lot
    $479,900 Zestimate®
    $353/sqft
    $2,738 Estimated rent

    Home value

    $479,900

    $437,000 - $528,000

    $2,738/mo

    Zestimate® history
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    What's special

    Gulf front condo offers 3 BR & 2 BATHS And don't forget about the amazing view!! A rare blend of comfort, convenience & breathtaking natural beauty. Positioned directly along the shoreline, provides unobstructed views of turquoise waters, sugar white sand & unforgettable sunsets right from your living room. Inside, gulf front condos are often designed to maximize light & views, featuring open floor plans, large windows & private balconies facing the water. Enjoy amenities such as 2 beachfront pools, tike bar, hot tub, fitness center, outside grill area, game room, pool tables. private beach access & gated parking. Restaurants, shopping & entertainment near by, St. Andrews Park & also including, Nashville's Tootsie's that opens before Spring 2026.

    Zillow last checked:

    Listing updated:

    Listed by:

    Larell Paradise 850-775-7617,

    Christies International Real Estate Emerald Coast

    Bought with:

    Non Member Office (NABOR)

    Source: ECAOR,MLS#: 1002622MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Level: First
    • Area: 156 Square Feet
    • Dimensions: 12 x 13
    Bedroom
    • Level: First
    • Area: 132 Square Feet
    • Dimensions: 12 x 11
    Bedroom
    • Level: First
    • Area: 144 Square Feet
    • Dimensions: 12 x 12
    Bathroom
    • Level: First
    • Area: 45 Square Feet
    • Dimensions: 5 x 9
    Living room
    • Level: First
    • Area: 192 Square Feet
    • Dimensions: 16 x 12
    Cooling
    • Central Air
    Interior area
    • Total structure area: 1,372
    • Total interior livable area: 1,372 sqft

    Property

    Details
    • Parcel number: 32382225000

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Condition
    • Construction Complete
    • New construction: No
    • Year built: 1982

    Utilities & green energy

    • Water: Public

    Community & HOA

    Community
    • Subdivision: REGENCY TOWERS CONDO
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $353/sqft
    • Tax assessed value: $484,500
    • Annual tax amount: $4,492
    • Date on market: 5/8/2026

    Price history

    DateEventPrice
    5/8/2026Sold$485,000$353/sqft
    Source: ECAOR #1002622 Report a problem
    3/2/2026Sold$485,000-7.6%$353/sqft
    Source: CPAR #783709 Report a problem
    1/23/2026Pending sale$525,000$383/sqft
    Source: CPAR #783709 Report a problem
    1/15/2026Listed for sale$525,000+110%$383/sqft
    Source: CPAR #783709 Report a problem
    7/29/2008Sold$250,000-52.8%$182/sqft
    Source: Public Record Report a problem
    1/25/2005Sold$530,000+132.5%$386/sqft
    Source: Public Record Report a problem
    7/27/2000Sold$228,000$166/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$4,587 +1.9%$282,838 +10%
    2023$4,501 +11.7%$257,125 +10%
    2022$4,030 $233,750
    2021-- --
    2020$2,565 +13.2%$198,688 +10%
    2019$2,265 $180,625 -15%
    2018$2,265 -16.1%$212,500 -0.8%
    2017$2,700 -1.4%$214,200 -0.8%
    2016$2,739 -3.2%$215,985 +10%
    2015$2,829 $196,350 +10%
    2014$2,829 $178,500 +9.5%
    2013-- $163,079 -6.9%
    2012-- $175,100 +9.9%
    2011-- $159,330
    2010-- $159,330 -21%
    2009-- $201,684 -10.6%
    2008-- $225,570 -13.6%
    2007-- $261,186 -23%
    2006-- $339,202 +60%
    2005-- $212,001
    2004-- $212,001 +5.8%
    2003-- $200,301
    2002-- $200,301
    2001-- $200,301 +75.7%
    2000-- $114,000
    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: ECAOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    $479,900
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    With Zillow Showcase(estimated)
    $489,498