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Pending
  • $415,000

    5801 Thomas Dr Unit 712, Panama City Beach, FL 32408

    2beds
    1,144sqft
    : 
    $3,542/mo
    Get pre-qualified
    Condominium
    Built in 1982
    -- sqft lot
    $392,600 Zestimate®
    $363/sqft
    $849/mo HOA

    What's special

    Private balconyPrivate beach accessIndoor hot tubStunning gulf viewsPicnic areaSpacious primary suiteKing size bed
    'CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS' Welcome to Regency Towers 712, a beautifully maintained beachfront condo located on the highly sought after East End of Panama City Beach. This fully furnished 2 bedroom 2 bathroom condo is 100% turnkey and rental ready, making it an excellent opportunity for investors, second home buyers, or those seeking their own piece of paradise on the Emerald Coast. Positioned on a lower floor for convenient access, this beachfront unit offers stunning Gulf views and the opportunity to enjoy both breathtaking sunrises and sunsets from your private balcony. The spacious primary suite features a king size bed, private balcony access, and beautiful Gulf views. The guest bedroom is thoughtfully designed with two sets of bunk beds, maximizing sleeping capacity and rental potential. Comfortably accommodating up to 8 guests, this condo is currently enrolled in Regency Towers' on-site rental program and is ready to continue generating income from day one. Regency Towers is one of Panama City Beach's most beloved beachfront communities, offering an exceptional lineup of amenities including 24-hour security, two Gulf front swimming pools (one heated seasonally), an indoor hot tub, fitness center, game room, owner's lounge, picnic area, private beach access, and the popular on-site Sandbar restaurant available to owners and guests. Located on the desirable East End of Panama City Beach, you'll be just minutes from local favorites including Schooners, Patches Pub, Captain Jack's, Captain Anderson's Marina, and St. Andrews State Park. Whether you're looking for a vacation getaway, investment property, or both, Regency Towers 712 represents the BEST value currently available in the complex. Priced to sell, this beachfront condo offers the perfect combination of location, amenities, rental potential, and coastal lifestyle.
    67 days
    50
    8

    Zillow last checked:

    Listing updated:

    Listed by:

    Lexi L Hinson 229-456-0178,

    Legacy Premier Agency

    Source: CPAR,MLS#: 791769MLS 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
      • Level: First
      • Dimensions: 14.1 x 12.8
      Bedroom
      • Level: First
      • Dimensions: 11.9 x 10.4
      Heating
      • Central, Electric
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Electric Range, Electric Water Heater
      Features
      • Main Level Primary
      Interior area
      • Total structure area: 1,144
      • Total interior livable area: 1,144 sqft

      Property

      Features
      • Patio & porch: Balcony
      • Pool features: In Ground, Community
      • On waterfront: Yes
      • Waterfront features: Gulf
      Lot
      • Features: Paved
      Details
      • Parcel number: 32382256000
      • Zoning description: Resid Multi-Family
      • Special conditions: Listed As-Is

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Mid Rise
      • Property subtype: Condominium
      • Attached to another structure: Yes
      Materials
      • Block, Stucco
      • Foundation: Pillar/Post/Pier
      • Roof: Flat
      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, Elevator, Fitness Center, Fishing, Gated, Pool, Waterfront, Community Pool, Short Term Rental Allowed
      • Security: Smoke Detector(s), Security Service
      • Subdivision: Regency Towers
      HOA
      • Has HOA: Yes
      • Amenities included: Gated, Gazebo, Barbecue, Picnic Area, Spa/Hot Tub
      • Services included: Association Management, Clubhouse, Cable TV, Fitness Facility, Insurance, Legal/Accounting, Maintenance Grounds, Pool(s), Security, Trash, Water
      • HOA fee: $2,546 quarterly
      Location
      • Region: Panama City Beach

      Financial & listing details

      • Price per square foot: $363/sqft
      • Tax assessed value: $411,825
      • Annual tax amount: $3,679
      • Date on market: 6/23/2026
      • Cumulative days on market: 5 days
      • Electric utility on property: Yes

        Estimated market value

        $392,600

        $373,000 - $412,000

        $2,610/mo

        Price history

        DateEventPrice
        6/29/2026Pending sale$415,000$363/sqft
        Source: CPAR #791769 Report a problem
        6/23/2026Listed for sale$415,000+112.8%$363/sqft
        Source: CPAR #791769 Report a problem
        11/23/2015Sold$195,000-2%$170/sqft
        Source: CPAR #636977 Report a problem
        10/10/2015Listed for sale$199,000+4.7%$174/sqft
        Source: Jim Free Realty LLC #636977 Report a problem
        6/6/2000Sold$190,000$166/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$3,806 +1.7%$226,270 +10%
        2023$3,742 +33.1%$205,700 +10%
        2022$2,811 $187,000
        2021-- --
        2020$2,125 +16.7%$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

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Lower Grand Lagoon

        Getting around

        45 / 100
        Car-Dependent
        48 / 100
        Somewhat Bikeable

        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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