5 months on rocket

5801 Thomas Dr Unit 1119, Panama City Beach, FL, 32408

$480,000

Home List Price

$5,700*

Closing Credit

2 Bedrooms
2 Full Baths
1,144 SqFt
$420/SqFt
Condo

Location

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5801 Thomas Dr Unit 1119, Panama City$480,000

Buyer Closing Credits

$5,700*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingPaved, Parking Lot
Year Built1975
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s), Electric
WaterfrontGulf, Sandy Shoreline, Waterfront
ViewGulf
MLS #757357
StatusActive

About 5801 Thomas Dr Unit 1119

ALERT!!! MASTER ON THE GULF WITH WINDOW THAT OPENS TO HEAR THE GULF BREEZE. YOU ALSO HAVE A PRIVATE DOOR FROM THE MASTER THAT GOES TO THE PATIO. This fully furnished, and stunning 2 bed 2 bath condo is located on the popular East End of PCB Beach! REGENCY TOWERS HAS IT ALL! TWO LARGE POOLS AND SUPER COOL TIKI BAR AND EATERY ONSITE/POOLSIDE. The other amenities at Regency Towers are second to none, with a fitness center, hot tub, and game room just steps from your front door.TALK ABOUT OPEN FLOOR PLAN! The living area is bright and airy, with plenty of natural light pouring in through the large windows that overlook the Gulf of Mexico. You'll love the easy flow from the living room to the kitchen, which features plenty of storage space for all your culinary needs. Both bedrooms are spacious and comfortable, with ample closet space and en-suite bathrooms that feature stylish fixtures and finishes. Outside, the private balcony is the perfect place to take in those stunning ocean views, watch dolphins play in the waves, or simply enjoy a glass of wine with friends. With its prime location right on the beach, this 2 bed 2 bath condo is the perfect vacation retreat and has the potential to be a rental machine. Don't miss your chance to own a piece of paradise in one of the most beautiful areas of Florida.

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 1975
  • Living Area: 1,144 SqFt

Listing Office:

  • Office Name: Keller Williams Success Realty

Interior Features

Interior Information:

  • Appliances: Washer/Dryer Stacked, Dishwasher, Electric Cooktop, Electric Oven, Disposal, Microwave, Refrigerator
  • Interior: Pantry

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Gulf, Sandy Shoreline, Waterfront
  • View: Gulf
  • Exterior: Balcony

Parking Information:

  • Parking: Paved, Parking Lot

Lot Features

Lot Information:

  • Lot: Waterfront

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Ceiling Fan(s), Electric

Other

Directions Information:

  • Directions: From Hathaway bridge take Thomas Dr all the way to the beach, make a right at the light, Regency Towers is a large high rise approximately 2 miles on your left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $480,000
  • Price Per SqFt: $420/SqFt

HOA Fees:

  • Amount: $2997
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $1,217
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Panama City, FL.

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Panama City, FL

City

Med. Sold Price

$339.2K

Med. Price/SqFt

$201

Avg. Days On Market

79

# of Sold Homes

166

5801 Thomas Dr Unit 1119 vs Panama City

160 DAYS ON ROCKET

+81 Days

$480,000

+$140.7K More

$420/SqFt

+$219 More

KEY TAKEAWAY

This property is $140.7K more than the Median Sold Price and $219/SqFt more than other homes in Panama City, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BCAR
  • MLS Number: #757357

Listing Office:

  • Office Name: Keller Williams Success Realty

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2024 Central Panhandle Association of REALTORS.© All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/23/2024, 9:20:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 09, 2021Home Sold
$340,000
Jun 09, 2021Home Sold
$340,000
Apr 24, 2001Home Sold
$240,000
Apr 04, 2000Home Sold
$197,500

Tax History

YEARPROP. TAXASSESSMENT
2020$1,217$173,400
2018$1,467$151,798
2017$1,442$148,676

History based on county public records data.

Payment Calculator

$3,462

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,506

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1169417
7
/10

  • Patronis Elementary School

  • 7400 Patronis Dr

  • 1.60 miles

  • Public District Grades KG-5

school-card-donut-1169418
3
/10

  • Lucille Moore Elementary School

  • 1900 Michigan Ave

  • 4.05 miles

  • Public District Grades PK-5

school-card-donut-1169419
1
/10

  • St. Andrew School at Oakland Terrace

  • 2010 W 12th St

  • 4.45 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,841. The majority of Panama City, FL residents have income between $35k-100k annually. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5801 Thomas Dr Unit 1119

What is the listing price of this property?

The listing price of 5801 Thomas Dr Unit 1119 property is $480,000.

What type of property is this?

The property 5801 Thomas Dr Unit 1119 is a condo located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Active Listing: 5801 Thomas Dr Unit 1119 is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,217 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 9, 2021 for $340,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5801 Thomas Dr Unit 1119 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5801 Thomas Dr Unit 1119 is 1,144 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5801 Thomas Dr Unit 1119 is 1975.

Rocket Homes›Florida›Bay County›Panama City›32408›5801 Thomas Dr Unit 1119

This home is located at 5801 Thomas Dr Unit 1119 in Panama City Beach, FL and zip code 32408. This 1,144 square foot home was built in 1975. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 15, 2024 and is currently priced at $480,000.

Over 13 listings were sold over their listed price in November 2024 in Panama City, FL. In the same period over 120 listings were sold below the listed price and 33 listings were sold for the listed price. The number of homes for sale in Panama City, FL decreased by 3.9% between October 2024 and November 2024. Listings spent 79 days on the market in November 2024, and had a median list price of $339,223 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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