11 months on rocket

5801 Thomas Dr Unit 305, Panama City Beach, FL, 32408

$399,000

Home List Price

$4,738*

Closing Credit

1 Bedroom
2 Full Baths
916 SqFt
$436/SqFt
Condo

Location

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5801 Thomas Dr Unit 305, Panama City$399,000

Buyer Closing Credits

$4,738*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingParking Lot, RV Access/Parking
Year Built1982
HeatingCentral, Electric
CoolingCentral Air, Electric
WaterfrontGulf
ViewGulf
MLS #749844
StatusActive

About 5801 Thomas Dr Unit 305

Low Floor End-Unit! Skip the elevators! This 1-bedroom, 2-bathroom end-unit is located right next to the stairs on the west side of the building with a corner balcony and additional west facing living room window providing deep Panama City Beach coastline views extending all the way to the horizon as well as the pool, beach, and GULF VIEWS directly to the south from the sliding glass doors and balcony. Renovated with LVP flooring throughout the entire unit, new vanities with granite countertops and shiplap wall. Stackable laundry located inside the unit. Primary bedroom also shares gulf views via a southern facing window and sliding glass door access to the balcony. The owners use it mostly for friends and family vacations, so it hasn't been on the short term rental market. Regency Towers continues to be a popular Panama City Beach, Florida destination for over 40-years, located in the South Lagoon area, less than 5-minutes from the St. Andrews State Park, and close to attractions like Cobra Arcade and Go-Karts, several local's restaurants such Captain Jack's, Schooners and Patches Pub. The complex is gated and offers plenty of parking with 24 hour security services offering amenities such as kids pool, indoor hot tub, owner's lounge, fitness room, game room, outdoor picnic area with grills, boardwalk, 2 beachfront pools, both with ability to be heated seasonally, poolside Bikini Bob's Grill & Bar and large grass area. All Information is deemed to be reliable, but is not guaranteed, buyer to verify if important. Note that pets are not allowed at Regency Towers, except for service or emotional support animals.

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 1982
  • Living Area: 916 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty

Interior Features

Interior Information:

  • Appliances: Washer/Dryer Stacked, Dishwasher, Electric Oven, Electric Water Heater, Microwave, Refrigerator
  • Interior: Breakfast Bar

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Waterfront: Gulf
  • View: Gulf
  • Exterior: Balcony

Parking Information:

  • Parking: Parking Lot, RV Access/Parking

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

Other

Directions Information:

  • Directions: South on Joan Av, turn left into Thomas Drive, Eastbound 2.2 miles Regency Towers will be on your right .

Price Information

Listing Price Info

Price Summary:

  • List Price: $399,000
  • Price Per SqFt: $436/SqFt

HOA Fees:

  • Amount: $2997
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $1,634
  • 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 305 vs Panama City

355 DAYS ON ROCKET

+278 Days

$399,000

+$59.5K More

$436/SqFt

+$234 More

KEY TAKEAWAY

This property is $59.5K more than the Median Sold Price and $234/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: #749844

Listing Office:

  • Office Name: Coldwell Banker 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: 11/21/2024, 10:20:51 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 01, 2015Home Sold
$162,000
Oct 02, 2009Home Sold
$157,500

Tax History

YEARPROP. TAXASSESSMENT
2020$1,634$139,532
2018$1,683$131,325
2017$1,593$123,250

History based on county public records data.

Payment Calculator

$3,058

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,263

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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-446671
7
/10
  • Patronis Elementary School

  • 7400 Patronis Dr

  • 1.60 miles

  • Public District Grades KG-5

school-card-donut-446672
3
/10
  • Lucille Moore Elementary School

  • 1900 Michigan Ave

  • 4.05 miles

  • Public District Grades PK-5

school-card-donut-446673
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. The majority of Panama City, FL residents have income between $35k-100k annually. Residents typically live in single, no kids family. 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 305

What is the listing price of this property?

The listing price of 5801 Thomas Dr Unit 305 property is $399,000.

What type of property is this?

The property 5801 Thomas Dr Unit 305 is a condo located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Active Listing: 5801 Thomas Dr Unit 305 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 $1,634 (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 1, 2015 for $162,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5801 Thomas Dr Unit 305 has 1 bedroom and 2 bathrooms.

What is the square footage of this property?

The property 5801 Thomas Dr Unit 305 is 916 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5801 Thomas Dr Unit 305 is 1982.

Rocket HomesFloridaBay CountyPanama City324085801 Thomas Dr Unit 305

This home is located at 5801 Thomas Dr Unit 305 in Panama City Beach, FL and zip code 32408. This 916 square foot home was built in 1982. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since December 02, 2023 and is currently priced at $399,000.

In October 2024 more than 16 listings in Panama City, FL were sold above the asking price. During the same period more than 40 listings were sold at asking price, while more than 138 were sold below. The inventory of homes for sale in Panama City, FL between September 2024 and October 2024 decreased by 1.7%. Listings spent 77 days on the market in October 2024, and had a median list price of $339,477 during the same period.

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

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