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Sold for $430,000
  • $430,000

    5801 Thomas Dr Unit 508, Panama City Beach, FL 32408

    2beds
    1,144sqft
    Condominium
    Built in 1982
    -- sqft lot
    $437,500 Zestimate®
    $376/sqft
    $2,345 Estimated rent

    Home value

    $437,500

    $403,000 - $477,000

    $2,345/mo

    Zestimate® history
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    What's special

    Private balconyGulf-facing balconyTennis courtsFront-row gulf viewsCoastal huesBreathtaking gulf viewsElegant finishes
    Perfectly situated on the fifth floor with expansive views of the Gulf, this turnkey retreat invites you to wake up to the rhythm of the waves and unwind each evening with sunsets from your private balcony. Step inside and discover an open-concept layout bathed in natural light, where soft coastal hues, updated flooring, and elegant finishes create a warm and welcoming vibe. The dining and living areas flow seamlessly to a Gulf-facing balcony, perfect for morning coffee, alfresco dining, or evening cocktails with a view. The primary suite offers balcony access, breathtaking Gulf views, and a peaceful escape complete with a private ensuite. The second bedroom is equally inviting, with generous closet space and access to a full guest bathroom - making this home equally suited for personal getaways or short-term rental opportunities. Regency Towers is a gated, resort-style community offering two Gulf-front pools, a tiki bar, fitness center, billiard room, tennis courts, and direct private access to 560 feet of the sugar-white sands of Panama City Beach. You're also just minutes from local favorites like St. Andrews State Park, Schooners, Signal Hill Golf Course, and Pier Park. Whether you're looking for a low-maintenance beach escape, a reliable rental property, or a full-time residence with front-row Gulf views, Regency Towers #508 delivers exceptional coastal style, comfort, and value. Beach life is calling - are you ready to answer?

    Zillow last checked:

    Listing updated:

    Listed by:

    Matt Anich 850-851-5330,

    Counts Real Estate Group Inc

    Bought with:

    Larell Paradise

    Christies International Real Estate Emerald Coast

    Source: CPAR,MLS#: 772786MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Bedroom, Primary Bedroom
    Primary bedroom
    • Dimensions: 13 x 12
    Bedroom
    • Dimensions: 12 x 12
    Heating
    • Central, Electric
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Electric Oven, Electric Range, Electric Water Heater
    Interior area
    • Total structure area: 1,144
    • Total interior livable area: 1,144 sqft

    Property

    Parking
    • Parking features: Parking Lot
    Features
    • Stories: 14
    • 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
    Details
    • Parcel number: 32382227000
    • Zoning description: Resort
    • Special conditions: Listed As-Is

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: High Rise
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1982

    Utilities & green energy

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

    Community & HOA

    Community
    • Features: Barbecue, Beach, Clubhouse, Elevator, Fitness Center, Game Room, Gated, Park, Pool, Waterfront, Community Pool, Short Term Rental Allowed
    • Security: Gated with Guard, 24 Hour Security, Security Service
    • Subdivision: Regency Towers
    HOA
    • Has HOA: Yes
    • Amenities included: Other, See Remarks, Beach Rights, Game Room, Gated, Barbecue
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $376/sqft
    • Tax assessed value: $411,825
    • Annual tax amount: $3,945
    • Date on market: 5/1/2025
    • Cumulative days on market: 148 days
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    11/6/2025Sold$430,000-6.3%$376/sqft
    Source: CPAR #772786 Report a problem
    9/27/2025Pending sale$459,000$401/sqft
    Source: ECAOR #975249 Report a problem
    5/1/2025Listed for sale$459,000+82.1%$401/sqft
    Source: ECAOR #975249 Report a problem
    10/25/2019Sold$252,000-3.1%$220/sqft
    Source: CPAR #687721 Report a problem
    8/27/2019Listed for sale$260,000+30.1%$227/sqft
    Source: Keller Williams Success Realty #687721 Report a problem
    10/29/2009Listing removed$199,900$175/sqft
    Source: Visual Tour #399125 Report a problem
    10/3/2009Listed for sale$199,900-28.6%$175/sqft
    Source: Visual Tour #399125 Report a problem
    8/21/2007Sold$280,000$245/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$4,109 +2.2%$269,742 +10%
    2023$4,019 +32.7%$245,220 +10%
    2022$3,029 $222,927
    2021-- --
    2020$2,281 +25.3%$184,237 +27.5%
    2019$1,820 $144,500 -15%
    2018$1,820 -16%$170,000 +4.7%
    2017$2,168 +3.9%$162,350 +0.5%
    2016$2,086 -1.3%$161,500 +2.8%
    2015$2,113 $157,038
    2014$2,113 $157,038 +7.1%
    2013-- $146,625 +5.5%
    2012-- $138,975 -4.1%
    2011-- $144,925 -11.4%
    2010-- $163,625 -2.7%
    2009-- $168,168 -24.7%
    2008-- $223,275 -13.6%
    2007-- $258,529 -23%
    2006-- $335,751 +63%
    2005-- $206,001
    2004-- $206,001 +22.6%
    2003-- $168,001
    2002-- $168,001
    2001-- $168,001 +52.7%
    2000-- $110,000
    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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    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
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    +$8,750
    With Zillow Showcase(estimated)
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