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Sold for $430,000
    • $430,000

    5801 Thomas Dr Unit 520, Panama City Beach, FL 32408

    2beds
    1,144sqft
    Condominium
    Built in 1975
    -- sqft lot
    $443,900 Zestimate®
    $376/sqft
    $2,661 Estimated rent

    Home value

    $443,900

    $404,000 - $488,000

    $2,661/mo

    Zestimate® history
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    What's special

    Two poolsBeachfront oasisDirect beach accessDirect balcony accessBreathtaking gulf viewsGulf-front master suiteOpen floor plan
    CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS Welcome to your beachfront oasis at Regency Towers, where a prime 5th-floor location offers breathtaking Gulf views and front-row seats to stunning sunsets and playful dolphins gliding through the waves. With resort-style amenities, this is your chance to own a piece of paradise! This 2-bedroom, 2-bathroom condo is the perfect blend of comfort, style, and investment potential. The tastefully updated ceilings in the living area create a fresh and modern ambiance, while the Gulf-front master suite offers direct balcony access—wake up and enjoy your coffee while you listen to the waves rolling in! Both bedrooms are complete with plantation shutters, adding a touch of elegance and privacy to your retreat. With sleeping space for six guests, this unit is turnkey and fully furnished, making it an ideal short-term rental investment or personal beach getaway. The open floor plan allows for seamless entertaining, and the well-appointed kitchen provides all the essentials for coastal living. Regency Towers is packed with resort-style amenities, including two pools (one seasonally heated), a fitness center, and direct beach access. Plus, you're just minutes from PCB favorites like Schooners, St. Andrews State Park, and Pier Park.

    Zillow last checked:

    Listing updated:

    Listed by:

    The Beninateam 706-615-5336,

    Beachy Beach Real Estate

    Bought with:

    Larell Paradise

    Christies International Real Estate Emerald Coast

    Source: CPAR,MLS#: 768236MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Bedroom, Kitchen, Living Room, Primary Bedroom
    Primary bedroom
    • Description: gulf views and balcony access
    • Level: First
    • Dimensions: 13 x 12
    Bedroom
    • Description: plantation shutters and separate bathroom
    • Level: First
    • Dimensions: 12 x 11
    Kitchen
    • Description: beautiful kitchen
    • Level: First
    • Dimensions: 14 x 8
    Living room
    • Description: gulf views from kitchen /living
    • Level: First
    • Dimensions: 19 x 12
    Heating
    • Central, Electric, Fireplace(s)
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Electric Range, Electric Water Heater
    Features
    • Coffered Ceiling(s)
    • Has fireplace: Yes
    • Fireplace features: Electric
    Interior area
    • Total structure area: 1,144
    • Total interior livable area: 1,144 sqft

    Property

    Parking
    • Parking features: Paved, Parking Lot
    Features
    • Patio & porch: Balcony
    • Pool features: In Ground, Community
    • Has view: Yes
    • View description: Gulf
    • Has water view: Yes
    • Water view: Gulf
    • Waterfront features: Gulf, Shoreline - Sand
    Details
    • Parcel number: 32382055000
    • Zoning description: Resid Single Family, Resort
    • Special conditions: Listed As-Is

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: High Rise
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Concrete, Stucco
    • Foundation: Slab
    • Roof: Flat
    Condition
    • New construction: No
    • Year built: 1975

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Electricity Available, High Speed Internet Available

    Community & HOA

    Community
    • Features: Beach, Clubhouse, Elevator, Fitness Center, Pool, Waterfront, Community Pool, Gated, Short Term Rental Allowed
    • Security: Fire Sprinkler System, Gated Community, 24 Hour Security, Security Guard
    • Subdivision: Regency Towers
    HOA
    • Has HOA: Yes
    • Amenities included: Beach Rights, Gated, Barbecue, Spa/Hot Tub
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $376/sqft
    • Tax assessed value: $411,825
    • Annual tax amount: $4,595
    • Date on market: 2/5/2025
    • Cumulative days on market: 193 days
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    10/22/2025Sold$430,000-0.9%$376/sqft
    Source: CPAR #768236 Report a problem
    9/3/2025Pending sale$434,000$379/sqft
    Source: CPAR #768236 Report a problem
    8/17/2025Contingent$434,000$379/sqft
    Source: CPAR #768236 Report a problem
    8/15/2025Price change$434,000-0.2%$379/sqft
    Source: CPAR #768236 Report a problem
    6/3/2025Price change$435,000-1.1%$380/sqft
    Source: CPAR #768236 Report a problem
    2/5/2025Listed for sale$440,000+22.6%$385/sqft
    Source: CPAR #768236 Report a problem
    8/12/2021Sold$359,000$314/sqft
    Source: CPAR #709210 Report a problem
    6/18/2021Pending sale$359,000$314/sqft
    Source: CPAR #709210 Report a problem
    6/16/2021Contingent$359,000$314/sqft
    Source: CPAR #709210 Report a problem
    3/18/2021Pending sale$359,000$314/sqft
    Source: CPAR #709210 Report a problem
    3/17/2021Listed for sale$359,000$314/sqft
    Source: CPAR #709210 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$4,739 +3.1%$359,975 +10%
    2023$4,595 +32%$327,250 +10%
    2022$3,481 $297,500
    2021-- --
    2020$2,060 +13.2%$158,950 +10%
    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 homes

    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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