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

$765,000

Home List Price

$9,084*

Closing Credit

4 Bedrooms
3 Full Baths
2,184 SqFt
$350/SqFt
Condo

Location

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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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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!

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.

Med. Sold Price

$339.2K

Med. Price/SqFt

$201

Avg. Days On Market

79

# of Sold Homes

166

5801 Thomas Dr Unit 1408 vs Panama City

30 DAYS ON ROCKET

-49 Days

$765,000

+$425.7K More

$350/SqFt

+$149 More

KEY TAKEAWAY

This property is $425.7K more than the Median Sold Price and $149/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

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: 12/21/2024, 11:51:07 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$3,824$311,065
2018$4,204$332,690
2017$4,111$323,000

History based on county public records data.

Payment Calculator

$5,218

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,360

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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-889419
7
/10
  • Patronis Elementary School

  • 7400 Patronis Dr

  • 1.60 miles

  • Public District Grades KG-5

school-card-donut-889420
3
/10
  • Lucille Moore Elementary School

  • 1900 Michigan Ave

  • 4.05 miles

  • Public District Grades PK-5

school-card-donut-889421
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. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5801 Thomas Dr Unit 1408

What is the listing price of this property?

The listing price of 5801 Thomas Dr Unit 1408 property is $765,000.

What type of property is this?

The property 5801 Thomas Dr Unit 1408 is a condo located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Active Listing: 5801 Thomas Dr Unit 1408 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 $3,824 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5801 Thomas Dr Unit 1408 has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 5801 Thomas Dr Unit 1408 is 2,184 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5801 Thomas Dr Unit 1408 is 1975.

Rocket HomesFloridaBay CountyPanama City324085801 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 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 inventory of homes for sale in Panama City, FL between October 2024 and November 2024 decreased by 3.9%. In November 2024 median list price was $339,223 and the average listing age was 79 days.

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

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