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Sold for $390,000
  • $390,000

    5801 Thomas Dr Unit 511, Panama City Beach, FL 32408

    2beds
    1,144sqft
    Condominium
    Built in 1982
    -- sqft lot
    $416,800 Zestimate®
    $341/sqft
    $2,071 Estimated rent

    Home value

    $416,800

    $379,000 - $454,000

    $2,071/mo

    Zestimate® history
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    What's special

    St andrews state parkNavy base
    Great opportunity!One of the best Rental condo complexes on the beach.. 2 bed/2 bath, 5th floor white sandy beachfront unit with beautiful, unobstructed views of both the sunrise and sunset over the Gulf. The complex is located near fine restaurants, the St Andrews State Park, Panama City Beach Newest Sports park and the Navy Base. This unit is priced to sell way below market value. If you look at the photos you will see the kitchen needs remodeling. This has been a non rental unit as the owner lives here.

    Zillow last checked:

    Listing updated:

    Listed by:

    Joel Jadofsky 850-258-2470,

    Keller Williams Realty Emerald

    Bought with:

    Larell Paradise

    Counts Real Estate Group Inc

    Source: CPAR,MLS#: 742785MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Bedroom
    Bedroom
    • Level: First
    • Dimensions: 12 x 13
    Bedroom
    • Level: First
    • Dimensions: 12 x 13
    Heating
    • Central, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Electric Range
    Interior area
    • Total structure area: 1,144
    • Total interior livable area: 1,144 sqft

    Property

    Features
    • Patio & porch: Balcony
    • Pool features: Gunite, In Ground, Community, Pool
    • Spa features: Community
    • Has view: Yes
    • View description: Gulf
    • Has water view: Yes
    • Water view: Gulf
    • Waterfront features: Gulf, Shoreline - Natural
    Lot
    • Size: 1 Square Feet
    • Dimensions: 1 x 1
    • Features: Paved
    Details
    • Parcel number: 32382230000
    • Zoning description: Resid Multi-Family

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: High Rise
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Block, Concrete
    • Foundation: Pillar/Post/Pier
    • Roof: Flat
    Condition
    • Year built: 1982

    Utilities & green energy

    • Utilities for property: Electricity Available

    Community & HOA

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

    Financial & listing details

    • Price per square foot: $341/sqft
    • Tax assessed value: $411,825
    • Annual tax amount: $5,101
    • Date on market: 6/17/2023
    • Cumulative days on market: 22 days
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    9/8/2023Sold$390,000-8.2%$341/sqft
    Source: CPAR #742785 Report a problem
    7/7/2023Contingent$425,000$372/sqft
    Source: CPAR #742785 Report a problem
    7/5/2023Price change$425,000-5.6%$372/sqft
    Source: CPAR #742785 Report a problem
    6/17/2023Listed for sale$450,000$393/sqft
    Source: CPAR #742785 Report a problem
    6/17/2023Contingent$450,000$393/sqft
    Source: CPAR #742785 Report a problem
    6/15/2023Listed for sale$450,000+136.8%$393/sqft
    Source: CPAR #742785 Report a problem
    8/25/2016Sold$190,000-7.1%$166/sqft
    Source: CPAR #646637 Report a problem
    6/22/2016Price change$204,500-1.4%$179/sqft
    Source: ERA Neubauer Real Estate, Inc. #646637 Report a problem
    5/27/2016Listed for sale$207,500+1.8%$181/sqft
    Source: ERA Neubauer Real Estate, Inc. #646637 Report a problem
    6/17/2015Listing removed$203,900$178/sqft
    Source: ERA Neubauer Real Estate, Inc. #621887 Report a problem
    4/24/2015Price change$203,900-2%$178/sqft
    Source: ERA Neubauer Real Estate, Inc. #621887 Report a problem
    1/29/2015Price change$208,000-0.5%$182/sqft
    Source: ERA Neubauer Real Estate, Inc. #621887 Report a problem
    7/10/2014Price change$209,000+2%$183/sqft
    Source: ERA Neubauer Real Estate, Inc. #621887 Report a problem
    7/8/2014Listed for sale$205,000-12.8%$179/sqft
    Source: ERA Neubauer Real Estate, Inc. #621887 Report a problem
    5/13/2003Sold$235,000$205/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$5,101 $411,825 +134.2%
    2023-- $175,854 +3%
    2022-- $170,732
    2021-- --
    2020-- $146,874 +1.6%
    2019-- $144,500 -12.8%
    2018-- $165,759 +2.1%
    2017-- $162,350 +0.5%
    2016-- $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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    $425,136