CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS - Rental projections between $50,000 and $60,000+! Ranked among Airbnb's Top 5% of eligible homes based on guest ratings, reviews, and reliability, this beautifully maintained Gulf front condo offers the perfect combination of proven rental appeal, coastal comfort, and long term potential. Thoughtfully cared for by the same family while continuing to welcome vacation guests, this fully furnished 2 bedroom, 2 bathroom condo has the warm, inviting atmosphere that makes it feel like a true home at the beach rather than just another rental.
Located on the 9th floor of Regency Towers, this turnkey condo offers 1,144 square feet of comfortable living space, a desirable split bedroom floor plan, and beautiful Gulf views from the private balcony. Whether you are searching for a primary residence, second home, or income producing vacation rental, this property offers the flexibility to enjoy it personally while continuing its established rental use.
Regency Towers is one of Panama City Beach's most established Gulf front communities, offering two Gulf front pools, a hot tub, The Sandbar poolside café and bar, a fitness center, game room, owners lounge, grilling areas, covered parking, gated security, private beach access, beach service, and on site management. Short term rentals are permitted, creating an excellent opportunity for both personal enjoyment and investment.
Conveniently located near St. Andrews State Park, marinas, waterfront dining, shopping, entertainment, and some of Panama City Beach's most popular attractions, this condo places owners and guests close to everything while still offering the comfort of a well cared for coastal retreat.
Already recognized among Airbnb's Top 5% of eligible homes, this condo has established a strong reputation with guests while maintaining the cozy, welcoming feel buyers appreciate.
Schedule your private showing today and discover why this inviting Gulf front condo stands out at Regency Towers.
Pending
Price cut: $10K (7/22)
$419,900
5801 Thomas Dr Unit 907, Panama City Beach, FL 32408
2beds
1,144sqft
Condominium
Built in 1982
-- sqft lot
$401,800 Zestimate®
$367/sqft
$849/mo HOA
What's special
Beautifully positioned beachfront condominiumLarge gulf-front swimming poolsPrivate balconyHot tubPrivate beach accessBreathtaking gulf viewsCovered parking
- 58 days
- 101
- 6
Zillow last checked:
Listing updated:
Listed by:
Issabella C Marsh 850-730-4118,
Florida Realty Experts
Source: CPAR,MLS#: 792216
Originating MLS: Central Panhandle Association of REALTORS
Originating MLS: Central Panhandle Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Bedroom, Dining Room, Full Bath, Kitchen, Living Room, Primary Bathroom, Primary Bedroom
Primary bedroom
- Level: First
- Dimensions: 13 x 12
Bedroom
- Level: First
- Dimensions: 12 x 11
Primary bathroom
- Level: First
- Dimensions: 9 x 5
Dining room
- Level: First
- Dimensions: 13 x 9
Other
- Level: First
- Dimensions: 10 x 5
Kitchen
- Level: First
- Dimensions: 15 x 8
Living room
- Level: First
- Dimensions: 13 x 14
Heating
- Central, Electric
Cooling
- Ceiling Fan(s)
Appliances
- Included: Washer/Dryer Stacked, Electric Oven, Electric Water Heater
- Laundry: Stacked
Features
- Balcony, Main Level Primary, Tub Shower
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, Water
- Has water view: Yes
- Water view: Gulf,Water
- Waterfront features: Gulf, Shoreline - Sand
- Frontage length: unit waterfront
Lot
- Features: Paved
Details
- Additional structures: Other
- Parcel number: 32382277000
- Zoning description: Resid Single Family
- Special conditions: Listed As-Is
Construction
Type & style
- Home type: Condo
- Architectural style: High Rise
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- 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, 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, Security Gate, Gated Community, 24 Hour Security, Security Guard, 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, Internet, Legal/Accounting, Maintenance Grounds, Pest Control, Pool(s), Security, Trash, Water
- HOA fee: $2,546 quarterly
Location
- Region: Panama City Beach
Financial & listing details
- Price per square foot: $367/sqft
- Tax assessed value: $411,825
- Annual tax amount: $3,679
- Date on market: 8/20/2026
- Cumulative days on market: 59 days
- Electric utility on property: Yes
Estimated market value
$401,800
$382,000 - $422,000
$2,610/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/21/2026 | Pending sale | $419,900$367/sqft |
Source:  CPAR #792216 Report a problem | ||
| 8/20/2026 | Listed for sale | $419,900$367/sqft |
Source: CPAR #792216 Report a problem | ||
| 8/6/2026 | Pending sale | $419,900$367/sqft |
Source: CPAR #792216 Report a problem | ||
| 8/3/2026 | Listed for sale | $419,900$367/sqft |
Source: CPAR #792216 Report a problem | ||
| 7/28/2026 | Pending sale | $419,900$367/sqft |
Source: CPAR #792216 Report a problem | ||
| 7/22/2026 | Price change | $419,900-2.3%$367/sqft |
Source: CPAR #792216 Report a problem | ||
| 7/4/2026 | Listed for sale | $429,900$376/sqft |
Source: CPAR #792216 Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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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Neighborhood: Lower Grand Lagoon
Nearby schools
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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