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Off market
  • $459,500

    5801 Thomas Dr Unit 918, Panama City Beach, FL 32408

    2beds
    1,144sqft
    SingleFamily
    Built in 1975
    -- sqft lot
    $459,500 Zestimate®
    $402/sqft
    $2,812 Estimated rent

    Home value

    $459,500

    $423,000 - $501,000

    $2,812/mo

    Zestimate® history
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    $2,812/mo

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    $3,529/mo

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    $3,529/mo

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    What's special

    Newly renovated beachfront condo with tremendous rental potential! Top producing rental income property directly overlooking the Gulf of Mexico! For Sale BY OWNER - WANT MORE INFORMATION? BE SURE TO CALL ME, MICHELLE DIRECT 901-634-4321!!!!! This complex is a gated community with 24-hour security, 2 large swimming pools, one of which is heated, kiddie pool, hot tub, tiki bar, cookout area with picnic tables, game room, and community room with large kitchen, and pool table. One of the most impressive beaches in the area - over 500 ft. of private beach! Few complexes on the beach can match the amenities and security of the Regency Towers. Unit comes fully furnished and professionally decorated in Coastal Chic motif. Master Bedroom has a King beds and Guest Bedroom has 2 full/queen beds. Turn-key rental business with repeat guests. Very impressive rental history. Onsite maintenance available when needed. Professionally decorated unit comes fully furnished. New wide vinyl plank flooring and new Great Room/Dining room high-end furniture in 2018 (including queen sofa sleeper). All new interior paint and Shiplap walls added in both the Great Room and Master Bedroom in 2018. Both baths remodeled in the past few years. All tile and solid surface flooring - no carpet! Exceptional rental history. Will co-op 3% buyer agent fee. Seller is licensed agent in TN. Call OWNER Direct for info. 901-634-4321!!

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Tile, Linoleum / Vinyl
    Interior area
    • Total interior livable area: 1,144 sqft

    Property

    Features
    • Exterior features: Cement / Concrete
    • Has spa: Yes
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Details
    • Parcel number: 32382105000

    Construction

    Type & style
    • Home type: SingleFamily
    Condition
    • Year built: 1975

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $552 monthly
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $402/sqft
    • Tax assessed value: $411,825
    • Annual tax amount: $4,517

    Price history

    DateEventPrice
    2/25/2021Listing removed--
    Source: Owner Report a problem
    11/10/2020Sold$330,000$288/sqft
    Source: CPAR #704353 Report a problem
    8/14/2020Listed for sale$330,000+51.4%$288/sqft
    Source: Owner Report a problem
    2/22/2018Sold$218,000+14.8%$191/sqft
    Source: Public Record Report a problem
    6/27/2013Listing removed$189,900$166/sqft
    Source: Top Producers Real Estate Center #609096 Report a problem
    6/15/2013Price change$189,900-1.6%$166/sqft
    Source: Top Producers Real Estate Center #609096 Report a problem
    5/16/2013Listed for sale$192,900-44.7%$169/sqft
    Source: Top Producers Real Estate Center #609096 Report a problem
    4/6/2012Listing removed$349,000$305/sqft
    Source: Jim Free Realty Report a problem
    9/28/2008Listed for sale$349,000$305/sqft
    Source: Jim Free Realty Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$4,517 +2.8%$328,092 +10%
    2023$4,392 +32.2%$298,265 +10%
    2022$3,321 $271,150
    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 +171.4%
    2005-- $123,719 +3%
    2004-- $120,116 +1.9%
    2003-- $117,876 +2.4%
    2002-- $115,113 +1.6%
    2001-- $113,300 +3%
    2000-- $110,000
    Find assessor info on the county website

    Neighborhood: Lower Grand Lagoon

    Nearby schools

    GreatSchools rating
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $459,500
    2% more
    +$9,190
    With Zillow Showcase(estimated)
    $468,690
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $459,500
    2% more
    +$9,190
    With Zillow Showcase(estimated)
    $468,690