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Sold for $424,123
  • $424,123

    5801 Thomas Dr Unit 816, Panama City Beach, FL 32408

    2beds
    1,144sqft
    Condominium
    Built in 1975
    -- sqft lot
    $421,100 Zestimate®
    $371/sqft
    $1,990 Estimated rent

    Home value

    $421,100

    $383,000 - $463,000

    $1,990/mo

    Zestimate® history
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    What's special

    Breakfast bar seating fourNew storm doorsGated beachfront communityBreathtaking backdropHard flooring throughoutTiled walk-in showerKiddie pool
    **SHORT SALE OPPORTUNITY** Gulf and pool views that steal the show provide a breathtaking backdrop to this 2BR/2BA waterfront condo at Regency Towers, filling every day with light and water. Hard flooring throughout keeps the interior clean, durable, and easy to maintain - ideal for beach use and short-term stays. The kitchen is finished with stainless steel appliances and a breakfast bar seating four, creating a comfortable flow for dining and gathering. A modern ventless washer/dryer and new storm doors add convenience and peace of mind. The primary bedroom features a king bed, balcony access, and an ensuite bath with a granite-topped vanity and tiled walk-in shower. The guest bedroom includes two full beds and access to its own bath with a tiled tub/shower combo, giving guests their own space and privacy. Additional sleeping is available on the living room's sleeper sofa, allowing the unit to comfortably accommodate up to eight guests - perfect for families or groups. Regency Towers is a gated, beachfront community with a wide range of amenities, including two saltwater pools (one seasonally heated), a kiddie pool, indoor spa and hot tub, fitness center, tennis courts, game and pool rooms, picnic areas with BBQ grills, and 560 feet of private beach. The Sandbar Poolside Café, summer events like beach bonfires and movie nights, 24-hour security, and recently upgraded elevators round out the resort-style experience. Set on the quieter east end of Panama City Beach, the location offers a more laid-back feel while staying close to dining, shopping, marinas, and the natural beauty of St. Andrews State Park - making this a strong option for both personal use and rental demand. Don't miss the chance to see it in person - call today!

    Zillow last checked:

    Listing updated:

    Listed by:

    Craig Duran 850-290-0417,

    Berkshire Hathaway HomeServices Beach Properties of Florida

    Bought with:

    Tyler S Smith, SL3492940

    Legacy Premier Agency

    Source: CPAR,MLS#: 783680MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Bedroom, Living Room, Primary Bedroom
    Primary bedroom
    • Level: First
    • Dimensions: 12 x 14
    Bedroom
    • Level: First
    • Dimensions: 12 x 12
    Living room
    • Level: First
    • Dimensions: 15 x 12
    Heating
    • Central, Fireplace(s)
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Electric Range, Electric Water Heater
    Features
    • Has fireplace: Yes
    • Fireplace features: Electric
    Interior area
    • Total structure area: 1,144
    • Total interior livable area: 1,144 sqft

    Property

    Parking
    • Parking features: Parking Lot, Gated
    Features
    • Patio & porch: Balcony
    • Pool features: Gunite, In Ground, Community
    • Spa features: Community
    • On waterfront: Yes
    • Waterfront features: Gulf, Shoreline - Sand
    Lot
    • Features: Paved
    Details
    • Parcel number: 32382090000
    • 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
    Materials
    • Concrete
    Condition
    • New construction: No
    • Year built: 1975

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Cable Connected, High Speed Internet Available, Phone Connected

    Community & HOA

    Community
    • Features: Beach, Clubhouse, Elevator, Fitness Center, Game Room, Gated, Pool, Waterfront, Community Pool, Short Term Rental Allowed
    • Security: Gated with Guard, Security Gate
    • Subdivision: Regency Towers
    HOA
    • Has HOA: Yes
    • Amenities included: Beach Rights, Gazebo
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $371/sqft
    • Tax assessed value: $411,825
    • Annual tax amount: $5,101
    • Date on market: 1/14/2026
    • Cumulative days on market: 7 days

    Price history

    DateEventPrice
    4/21/2026Sold$424,123+6.3%$371/sqft
    Source: CPAR #783680 Report a problem
    1/22/2026Pending sale$399,000$349/sqft
    Source: CPAR #783680 Report a problem
    1/14/2026Listed for sale$399,000-26.8%$349/sqft
    Source: CPAR #783680 Report a problem
    6/16/2025Listing removed$545,000$476/sqft
    Source: CPAR #769187 Report a problem
    2/21/2025Listed for sale$545,000+5.8%$476/sqft
    Source: CPAR #769187 Report a problem
    3/15/2023Sold$515,000-4.6%$450/sqft
    Source: CPAR #736376 Report a problem
    2/10/2023Contingent$539,900$472/sqft
    Source: CPAR #736376 Report a problem
    2/10/2023Pending sale$539,900$472/sqft
    Source: CPAR #736376 Report a problem
    1/14/2023Listed for sale$539,900+176.9%$472/sqft
    Source: CPAR #736376 Report a problem
    6/30/2017Sold$195,000-4.9%$170/sqft
    Source: CPAR #636019 Report a problem
    6/8/2017Pending sale$205,000$179/sqft
    Source: Jim Free Realty LLC #636019 Report a problem
    9/8/2015Listed for sale$205,000+13.9%$179/sqft
    Source: Jim Free Realty LLC #636019 Report a problem
    8/31/2012Sold$180,000-6.7%$157/sqft
    Source: Public Record Report a problem
    2/15/2012Listing removed$193,000+14.2%$169/sqft
    Source: Jim Free Realty Report a problem
    11/4/2010Sold$169,000-12.4%$148/sqft
    Source: Public Record Report a problem
    10/10/2010Listed for sale$193,000$169/sqft
    Source: Jim Free Realty Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$5,101 +36.3%$411,825 +100.2%
    2023$3,742 +33.1%$205,700 +10%
    2022$2,811 $187,000
    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 +126.3%
    2003-- $91,035 +2.4%
    2002-- $88,901 +1.6%
    2001-- $87,501 -20.5%
    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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