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5801 Thomas Dr Unit 1320, Panama City Beach, FL, 32408

$450,000

Home List Price

$5,344*

Closing Credit

2 Bedrooms
2 Full Baths
1,144 SqFt
$393/SqFt
Condo

Location

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5801 Thomas Dr Unit 1320, Panama City$450,000

Buyer Closing Credits

$5,344*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1975
CoolingCeiling Fan(s), Central Air
WaterfrontGulf
MLS #960536
StatusActive

About 5801 Thomas Dr Unit 1320

Enjoy the views from this direct Gulf front facing 2 bedroom/2 bath coastal condo located within the gates of the Regency Towers community. This unit sells fully furnished and is rental/move in ready. The property is currently on a rental program and has a solid rental history. Relax in your king sized bed in the master bedroom. Floor to ceiling sliders opens directly onto the gulf front balcony. For guests or family, the second bedroom features two full-size beds, ensuring ample space for rest and relaxation. Tile flooring in both bedrooms, no carpet. Amenities include two Gulf sided Olympic pools- one heated year round, a full service poolside tiki bar & grill., plus much more. New HVAC and new water heater. Washer and dryer located in condo for convenience and is also new.

Property Details

Property Features

Property Information:

  • Architectural Style: N/A
  • Year Built: 1975
  • Living Area: 1,144 SqFt

Listing Office:

  • Office Name: RealJoy Realty LLC
  • Office Email: chad.hatfield@resortrealty.us
  • Listing Agent: Walter M Hunter

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Electric Oven, Washer
  • Flooring Type: Tile
  • Interior: Breakfast Bar, Window Treatment(s), Woodwork Painted

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Gulf
  • Exterior: Balcony

Utilities

Utilities Information:

  • Cooling: Ceiling Fan(s), Central Air

Other

Directions Information:

  • Directions: From the Hathaway Bridge take Thomas Drive 3.5 miles. Regency Towers will be located on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $450,000
  • Price Per SqFt: $393/SqFt

HOA Fees:

  • Amount: $2997
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $2,060
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$339.4K

Med. Price/SqFt

$201

Avg. Days On Market

77

# of Sold Homes

194

5801 Thomas Dr Unit 1320 vs Panama City

47 DAYS ON ROCKET

-30 Days

$450,000

+$110.5K More

$393/SqFt

+$191 More

KEY TAKEAWAY

This property is $110.5K more than the Median Sold Price and $191/SqFt more than other homes in Panama City, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Emerald Coast Association of REALTORS®
  • MLS Number: #960536

Listing Office:

  • Office Name: RealJoy Realty LLC
  • Office Email: chad.hatfield@resortrealty.us
  • Listing Agent: Walter M Hunter

IDX Information Deemed Reliable but not guaranteed. The information being provided is 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. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2024. 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: 11/21/2024, 11:50:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 02, 2014Home Sold
$190,000
Apr 09, 2012Home Sold
$142,500
Jan 18, 2008Home Sold
$250,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,060$173,400
2018$2,167$170,000
2017$2,086$162,350

History based on county public records data.

Payment Calculator

$3,312

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,416

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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-479524
7
/10
  • Patronis Elementary School

  • 7400 Patronis Dr

  • 1.60 miles

  • Public District Grades KG-5

school-card-donut-479525
3
/10
  • Lucille Moore Elementary School

  • 1900 Michigan Ave

  • 4.05 miles

  • Public District Grades PK-5

school-card-donut-479526
1
/10
  • St. Andrew School at Oakland Terrace

  • 2010 W 12th St

  • 4.45 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,841. Residents of Panama City, FL typically earn between $35k-100k each year. Most families are single, no kids. 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 1320

What is the listing price of this property?

The listing price of 5801 Thomas Dr Unit 1320 property is $450,000.

What type of property is this?

The property 5801 Thomas Dr Unit 1320 is a condo located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Active Listing: 5801 Thomas Dr Unit 1320 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 $2,060 (source: MLS/based on county public records data).

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

The last sale was on September 2, 2014 for $190,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5801 Thomas Dr Unit 1320 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5801 Thomas Dr Unit 1320 is 1,144 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5801 Thomas Dr Unit 1320 is 1975.

Rocket Homes›Florida›Bay County›Panama City›32408›5801 Thomas Dr Unit 1320

This home is located at 5801 Thomas Dr Unit 1320 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 October 05, 2024 and is currently priced at $450,000.

In October 2024, from all listings sold in Panama City, FL there were more than 16 sold above asking price, over 138 sold below and more than 40 were sold right at the asked price. Between September 2024 and October 2024, Panama City, FL real estate market has seen decrease in the number of listings by 1.7%. While the average time on the market in October 2024 was 77 days, the median list price was $339,477.

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

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