Here is your chance to own a great investment property in Panama City Beach! Regency Towers is a RENTAL MACHINE. With a little updating this 3 bed 2 bath unit will produce 75-85k+ annually. Many updates already complete including new walk in tile shower, tile bath, new bedroom sets & new ceramic tile floor in living room. Condo is being sold AS IS and will need some furniture replaced and a new hot water heater. SELLER OFFERING $10,000 FURNITURE ALLOWANCE to be credited to buyer at closing ***Priced to sell*** this is the lowest priced 3bed unit for sale at Regency Towers. Don't miss out on this investment opportunity/vacation getaway! Ask your Realtor to show you rental projections and schedule your private tour today!
Sold for $535,000 on 10/28/22
$535,000
5801 Thomas Dr UNIT 925, Panama City Beach, FL 32408
3beds
1,456sqft
Condominium
Built in 1975
-- sqft lot
$502,500 Zestimate®
$367/sqft
$2,539 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: September 24, 2024 at 08:06pm
Listed by:
Larell Paradise 850-775-7617,
Counts Real Estate Group Inc
Bought with:
Nap deCiutiis, 3537984
EXP Realty LLC
Source: CPAR,MLS#: 731927
Originating MLS: Central Panhandle Association of REALTORS

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: First
- Area: 180
- Dimensions: 15 x 12
Bedroom
- Level: First
- Area: 156
- Dimensions: 13 x 12
Bedroom
- Level: First
- Area: 96
- Dimensions: 12 x 8
Features
- Furnished: Yes
Interior area
- Total interior livable area: 1,456 sqft
Property
Features
- Waterfront features: Gulf
Details
- Parcel number: 32382112000
Construction
Type & style
- Home type: Condo
- Architectural style: High Rise
- Property subtype: Condominium
- Attached to another structure: Yes
Condition
- Year built: 1975
Utilities & green energy
- Utilities for property: Electricity Connected
Community & neighborhood
Community
- Community features: Short Term Rental Allowed
Location
- Region: Panama City Beach
- Subdivision: Regency Towers
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $1,809 quarterly
- Amenities included: Beach Rights, Game Room, Gated, Picnic Area
- Services included: Association Management, Clubhouse, Insurance, Internet, Legal/Accounting, Maintenance Grounds, Pest Control, Pool(s), Trash
Services availability

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