2 months on rocket

Backup Offers

5801 Thomas Dr Unit 319, Panama City, FL, 32408

$410,000

Home List Price

$4,869*

Closing Credit

2 Bedrooms
2 Full Baths
1,144 SqFt
$358/SqFt
Condo

Location

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5801 Thomas Dr Unit 319, Panama City$410,000

Buyer Closing Credits

$4,869*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingParking Lot
Year Built1975
HeatingCentral, Electric
CoolingCentral Air, Electric
WaterfrontGulf
ViewGulf
MLS #762849
StatusAccepting Backup Offers
(Active Under Contract)

About 5801 Thomas Dr Unit 319

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERSStunning Turquoise Water Views from the 3rd Floor at Regency Towers! This 2-bedroom, 2-bathroom condo in the highly desired 19th stack on the east side of the building showcases direct views of Panama City Beach's iconic white sands and vibrant emerald waters, perfectly positioned above the kids' pool. The master bedroom window and sliding glass doors have already been updated, a significant and costly improvement that enhances both value and energy efficiency. With a 2-year-old HVAC and water heater, ceramic tile flooring throughout, stainless steel appliances, granite countertops, and brand-new couches, this unit is ready for your next beachside adventure.Regency Towers has been a favorite in Panama City Beach for over 40 years, conveniently located in the South Lagoon area and just minutes from St. Andrews State Park. This gated complex offers ample parking and 24-hour security. Enjoy resort-style amenities such as two beachfront pools (one heated seasonally), a kids' pool, indoor hot tub, fitness center, game room, outdoor picnic area with grills, and a boardwalk. Dine poolside at Bikini Bob's Grill & Bar, and unwind in the spacious green areas.Close to local attractions like Cobra Arcade and Go-Karts, as well as popular dining spots like Captain Jack's, Schooners, and Patches Pub. Please note: While Regency Towers permits service and emotional support animals, other pets are not allowed. All information is deemed reliable but not guaranteed; buyers should verify if important.

Property Details

Property Features

Property Information:

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

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

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

Parking Information:

  • Parking: Parking Lot

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: $410,000
  • Price Per SqFt: $358/SqFt

HOA Fees:

  • Amount: $2997
  • Frequency: Quarterly
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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 319 vs Panama City

62 DAYS ON ROCKET

-15 Days

$410,000

+$70.5K More

$358/SqFt

+$156 More

KEY TAKEAWAY

This property is $70.5K more than the Median Sold Price and $156/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: #762849

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, 11:55:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$3,113

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,296

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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-478236
7
/10
  • Patronis Elementary School

  • 7400 Patronis Dr

  • 1.60 miles

  • Public District Grades KG-5

school-card-donut-478237
3
/10
  • Lucille Moore Elementary School

  • 1900 Michigan Ave

  • 4.05 miles

  • Public District Grades PK-5

school-card-donut-478238
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. The most common type of family is single, no kids. Most 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 319

What is the listing price of this property?

The listing price of 5801 Thomas Dr Unit 319 property is $410,000.

What type of property is this?

The property 5801 Thomas Dr Unit 319 is a condo located in Panama City, Florida, 32408.

Is this property for sale now?

Accepting Backup Offers: 5801 Thomas Dr Unit 319 is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

How many bedrooms and bathrooms does this property have?

The property at 5801 Thomas Dr Unit 319 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5801 Thomas Dr Unit 319 is 1,144 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5801 Thomas Dr Unit 319 is 1975.

Rocket HomesFloridaBay CountyPanama City324085801 Thomas Dr Unit 319

This home is located at 5801 Thomas Dr Unit 319 in Panama City, 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 September 20, 2024 and is currently priced at $410,000.

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. Between September 2024 and October 2024, Panama City, FL real estate market has seen decrease in the number of listings 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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