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Sold for $532,000
  • $532,000

    5801 Thomas Dr Unit 821, Panama City Beach, FL 32408

    3beds
    1,372sqft
    Condominium
    Built in 1975
    -- sqft lot
    $519,900 Zestimate®
    $388/sqft
    $3,015 Estimated rent

    Home value

    $519,900

    $468,000 - $582,000

    $3,015/mo

    Zestimate® history
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    What's special

    CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS WITH KICK OUT CLAUSE. Experience beachfront living at its best in this updated, fully furnished three-bedroom, two-bath condo on the eighth floor of the sought-after Regency Towers in Panama City Beach. Offering stunning Gulf views and direct beach access, this beautiful unit combines style, comfort, and convenience! This unit features new luxury vinyl plank flooring, smooth ceilings, and tall baseboards, creating a bright and modern atmosphere. The open-concept layout leads to an expansive kitchen with upgraded solid surface countertops, soft-close cabinetry, a stylish backsplash, and LG stainless steel appliances. The large island with breakfast bar seating is perfect for casual meals or pre-dinner drinks before heading to the beach. The living area opens to a covered balcony with breathtaking Gulf views, ideal for enjoying sunsets or unwinding after a day of coastal activities. The primary suite offers tranquil Gulf views and direct balcony access, along with an ensuite bathroom featuring a glass-enclosed walk-in shower, granite-topped vanity, and modern fixtures. Two additional guest bedrooms share a hall bathroom, also updated with a new tub-shower combo, tiled surround, and granite vanity. Regency Towers offers an exceptional waterfront lifestyle with two Gulf-front pools (one heated seasonally), a poolside tiki bar, outdoor grilling stations, a dog-walking area, a fitness center, and a community room. The prime location provides easy access to St. Andrews State Park, go-kart tracks, mini golf, local eateries, and more—perfect for both relaxation and adventure. Whether as a primary residence, vacation home, or investment property, enjoy this turn-key opportunity for the best of Gulf-front living. Don't miss your chance to own this stunning retreat!

    Zillow last checked:

    Listing updated:

    Listed by:

    Barbara A Wade 505-903-9061,

    Beachy Beach Real Estate

    Bought with:

    Larell Paradise

    Christies International Real Estate Emerald Coast

    Source: CPAR,MLS#: 770928MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Bedroom, Primary Bedroom
    Primary bedroom
    • Description: Buyer to confirm measurments
    • Level: First
    • Dimensions: 14 x 12
    Bedroom
    • Description: Buyer to confirm measurments
    • Level: First
    • Dimensions: 12 x 12
    Bedroom
    • Description: Buyer to confirm measurments
    • Level: First
    • Dimensions: 12 x 8
    Heating
    • Central, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Washer/Dryer Stacked, Electric Range, Electric Water Heater
    • Laundry: Stacked
    Interior area
    • Total structure area: 1,372
    • Total interior livable area: 1,372 sqft

    Property

    Parking
    • Parking features: Paved, Parking Lot, Gated
    Features
    • Patio & porch: Balcony
    • Exterior features: Outdoor Shower
    • 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: 32382095000

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: High Rise
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Block, Concrete, Stucco
    • Foundation: Pillar/Post/Pier
    Condition
    • New construction: No
    • Year built: 1975

    Utilities & green energy

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

    Community & HOA

    Community
    • Features: Barbecue, Beach, Elevator, Fitness Center, Game Room, Gated, Pool, Waterfront, Community Pool, Short Term Rental Allowed
    • Security: Gated with Guard, 24 Hour Security, Security Lights, Security Gate, Smoke Detector(s), Security Service
    • Subdivision: Regency Towers
    HOA
    • Has HOA: Yes
    • Amenities included: Game Room, Gated, Barbecue
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $388/sqft
    • Tax assessed value: $484,500
    • Annual tax amount: $5,994
    • Date on market: 3/26/2025
    • Cumulative days on market: 13 days
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    5/14/2025Sold$532,000-12.8%$388/sqft
    Source: CPAR #770928 Report a problem
    4/7/2025Pending sale$609,900$445/sqft
    Source: ECAOR #973268 Report a problem
    4/7/2025Contingent$609,900$445/sqft
    Source: CPAR #770928 Report a problem
    3/26/2025Listed for sale$609,900+15.1%$445/sqft
    Source: CPAR #770928 Report a problem
    9/4/2023Listing removed--
    Source: ECAOR #876892 Report a problem
    9/3/2021Sold$530,000-5.2%$386/sqft
    Source: CPAR #714081 Report a problem
    8/22/2021Pending sale$559,000$407/sqft
    Source: ECAOR #876892 Report a problem
    8/22/2021Contingent$559,000$407/sqft
    Source: CPAR #714081 Report a problem
    7/13/2021Listed for sale$559,000$407/sqft
    Source: CPAR #714081 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$5,994 -1.7%$484,500
    2023$6,098 +11.9%$484,500 +3.6%
    2022$5,447 $467,500
    2021-- --
    2020$2,500 +10.4%$198,688 +10%
    2019$2,265 $180,625 -15%
    2018$2,265 -16.1%$212,500 -0.8%
    2017$2,700 -1.4%$214,200 -0.8%
    2016$2,739 -3.2%$215,985 +10%
    2015$2,829 $196,350 +10%
    2014$2,829 $178,500 +9.5%
    2013-- $163,079 -6.9%
    2012-- $175,100 +9.9%
    2011-- $159,330
    2010-- $159,330 -21%
    2009-- $201,684 -10.6%
    2008-- $225,570 -13.6%
    2007-- $261,186 -23%
    2006-- $339,202 +60%
    2005-- $212,001
    2004-- $212,001 +5.8%
    2003-- $200,301
    2002-- $200,301
    2001-- $200,301 +75.7%
    2000-- $114,000
    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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