5801 Thomas Dr Unit 1408, Panama City Beach, FL, 32408

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5801 Thomas Dr Unit 1408, Panama City$765,000

Buyer Closing Credits

$9,084^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeCondominium

Year Built1975

HeatingCentral

CoolingCentral Air

WaterfrontGulf

ViewLagoon, Gulf

MLS #963485

StatusActive

About 5801 Thomas Dr Unit 1408

Welcome to Regency Towers, a private, gated beachfront resort in Panama City Beach, FL. Showcasing a timeless elegance with classic, old Florida style that some may find nostalgic. This spacious 4 bedroom, 3 bathroom condo offers picturesque views of the gulfs pristine turquoise water and white sandy beaches. Unwind in the 310 square feet Florida room providing a front row seat to breathtaking sunsets over the Gulf of Mexico. Amenities include 560 feet of private beach, 2 pools with beach views, on site dining, game rooms, summer activities for the whole family, fitness room, volleyball, 24 hour gated security, and more!

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Property Details

Property Features

Property Information:

• Year Built: 1975
• Living Area: 2,184 SqFt

Listing Office:

• Office Name: EXP Realty LLC
• Office Phone: (850) 460-2900
• Listing Agent: Abbott Martin Group, Kristina Hasser

Interior Features

Interior Information:

• Appliances: Dishwasher, Dryer, Microwave, Refrigerator
• Flooring Type: Tile
• Interior: Breakfast Bar

Bedroom and Bathroom Information:

• Full Bathrooms: 3
• Total Bedroom Count: 4

Exterior Features

Exterior Information:

• Private Pool: No
• Waterfront: Gulf
• View: Lagoon, Gulf
• Exterior: Balcony, BBQ Pit/Grill, Hot Tub, Patio Covered, Patio Enclosed, Pool - In-Ground, Shower

Utilities

Utilities Information:

• Heating: Central
• Cooling: Central Air

Other

Directions Information:

• Directions: Traveling East from the Hathaway Bridge, turn left onto Thomas Dr., stay to right at the curve in Thomas Dr., Regency Towers will be on the Gulf side of Thomas Dr.

Price Information

Listing Price Info

Price Summary:

• List Price: $765,000
• Price Per SqFt: $350/SqFt

HOA Fees:

• Amount: $3996
• Frequency: Quarterly

Tax Information:

• Annual Amount: $3,824
• Tax Year: 2020

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Housing Market Comparison

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

Panama City, FL

City

Med. Sold Price

$339.4K

Med. Price/SqFt

$201

Avg. Days On Market

77

# of Sold Homes

194

5801 Thomas Dr Unit 1408 vs Panama City

1 DAY ON ROCKET

-76 Days

$765,000

+$425.5K More

$350/SqFt

+$148 More

KEY TAKEAWAY

This property is $425.5K more than the Median Sold Price and $148/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: #963485

Listing Office:

• Office Name: EXP Realty LLC
• Office Phone: (850) 460-2900
• Listing Agent: Abbott Martin Group, Kristina Hasser

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.

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Property Sales & Tax

Tax History

YEAR	PROP. TAX	ASSESSMENT
2020	$3,824	$311,065
2018	$4,204	$332,690
2017	$4,111	$323,000

History based on county public records data.

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**Disclosures

Rocket Homes›Florida›Bay County›Panama City›32408›5801 Thomas Dr Unit 1408

This home is located at 5801 Thomas Dr Unit 1408 in Panama City Beach, FL and zip code 32408. This 2,184 square foot home was built in 1975. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 21, 2024 and is currently priced at $765,000.

Over 16 listings were sold over their listed price in October 2024 in Panama City, FL. In the same period over 138 listings were sold below the listed price and 40 listings were sold for the listed price. The number of listings in Panama City, FL decreased by 1.7% between September 2024 and October 2024. 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.