2 bedroom Beach Front in Regency Towers with $65k in actual rental history. With a few updates this unit has potential to increase cash flow, or enjoy as is-future bookings & current management transfer at Buyer's request. 3rd floor unit provides easy access to beach and pool. Regency Towers is well managed and geared towards exceptional STR guest experience with fantastic amenities including two olympic size pools- one heated year round, a full service poolside bar & grill - No need to come down to the bar to order food - simply download the app on your phone & order online, the bar will text you when it's ready! Indoor hot tub, kiddie pool, fitness center, billiards room, multiple picnic areas with grills, large community room, and plenty of engaging in house activities are offered year round! Located just minutes from St. Andrews state park, multiple boat launches, arcades, Go kart tracks, golf cart/scooter rental, bike rental, parasailing, mini golf, amusement rides, Shipwreck Island Waterpark, restaurants, clothing boutiques, jet ski/boat rental, Top Golf, Dolly Parton's Dinner Theater, Tootsie's Orchid Lounge and engaging Nightlife!!! All this & more at the World's Most Beautiful Beach!
For sale
$475,000
5801 Thomas Dr Unit 313, Panama City Beach, FL 32408
2beds
1,144sqft
Condominium
Built in 1982
-- sqft lot
$446,000 Zestimate®
$415/sqft
$849/mo HOA
What's special
Beach frontLarge community roomIndoor hot tubBilliards roomKiddie pool
- 3 days |
- 377 |
- 44 |
Zillow last checked:
Listing updated:
Listed by:
Larell Paradise 850-775-7617,
Christies International Real Estate Emerald Coast
Source: CPAR,MLS#: 793899
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, Primary Bedroom
Primary bedroom
- Level: First
- Dimensions: 13 x 12
Bedroom
- Level: First
- Dimensions: 12 x 12
Features
- Balcony, Main Level Primary
Interior area
- Total structure area: 1,144
- Total interior livable area: 1,144 sqft
Property
Features
- Patio & porch: Balcony
- Pool features: Electric Heat, Community
- Spa features: Community
- On waterfront: Yes
- Waterfront features: Gulf, Shoreline - Sand
Details
- Parcel number: 32382206000
Construction
Type & style
- Home type: Condo
- Architectural style: High Rise
- Property subtype: Condominium
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1982
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Cable Connected
Community & HOA
Community
- Features: Barbecue, Beach, Clubhouse, Conference/Meeting Room, Fitness Center, Game Room, Gated, Park, Pool, Waterfront, Community Pool, Short Term Rental Allowed
- Security: Gated with Guard, 24 Hour Security, Security Service
- Subdivision: Regency Towers
HOA
- Has HOA: Yes
- Amenities included: Beach Rights, Game Room, Barbecue, Picnic Area, Spa/Hot Tub
- Services included: Clubhouse, Cable TV, Fitness Facility, Insurance, Internet, Maintenance Grounds, Pest Control, Pool(s), Sewer, Security, Trash, Water
- HOA fee: $2,546 quarterly
Location
- Region: Panama City Beach
Financial & listing details
- Price per square foot: $415/sqft
- Tax assessed value: $411,825
- Annual tax amount: $4,434
- Date on market: 8/12/2026
Estimated market value
$446,000
$424,000 - $468,000
$1,998/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/12/2026 | Listed for sale | $475,000+11.8%$415/sqft |
Source:  CPAR #793899 Report a problem | ||
| 3/19/2024 | Sold | $425,000-12.4%$372/sqft |
Source: CPAR #751199 Report a problem | ||
| 2/3/2024 | Contingent | $485,000$424/sqft |
Source: CPAR #751199 Report a problem | ||
| 1/11/2024 | Listed for sale | $485,000+506.3%$424/sqft |
Source: CPAR #751199 Report a problem | ||
| 7/8/2004 | Sold | $80,000$70/sqft |
Source: Public Record 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
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Lower Grand Lagoon
Nearby schools
GreatSchools rating
- 9/10Patronis Elementary SchoolGrades: K-5Distance: 1.6 mi
- 7/10Surfside Middle SchoolGrades: PK-12Distance: 6.9 mi
- 4/10J.R. Arnold High SchoolGrades: 9-12Distance: 5.1 mi
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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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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