9 months on rocket

5801 Thomas Dr Unit 414, Panama City Beach, FL, 32408

$485,000

Home List Price

$5,759*

Closing Credit

2 Bedrooms
2 Full Baths
1,144 SqFt
$424/SqFt
Condo

Location

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5801 Thomas Dr Unit 414, Panama City$485,000

Buyer Closing Credits

$5,759*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAdditional Parking, Gated, Paved, Permit Required, Parking Lot
Year Built1975
HeatingCentral
CoolingCentral Air, Ceiling Fan(s)
WaterfrontGulf, Sandy Shoreline
ViewGulf
MLS #752994
StatusActive

About 5801 Thomas Dr Unit 414

**Seller is offering 5K credit toward Buyer's closing costs** East / West Gulf Views! Fully Furnished Gulf Front Condo located on the 4th floor at Regency Towers. This condo is 2 Bed / 2 Bath & can accommodate 6 people comfortably. The main suite is Gulf front facing with direct balcony access. Enjoy your morning coffee or happy hour cocktail from your expansive balcony overlooking the beautiful waters of the Emerald Coast. Regency Towers is located on the east end of Panama City Beach. Nearby attractions include the marina and St. Andrews State Park. There are also many dining, shopping and entertainment options available in the area. Regency Towers offers excellent amenities such as two Gulf front pools (one heated seasonally), indoor hot tub, fitness center, game room, tiki bar, and Bikini Bob's Poolside Cafe plus so much more! Short-term rentals are allowed. Schedule your showing today!

Property Details

Property Features

Property Information:

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

Listing Office:

  • Office Name: Keller Williams Success Realty

Interior Features

Interior Information:

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

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Gulf, Sandy Shoreline
  • View: Gulf
  • Exterior: Balcony

Parking Information:

  • Parking: Additional Parking, Gated, Paved, Permit Required, Parking Lot

Virtual/3D Tour

  • 3D Tour: 5801 Thomas Dr Unit 414
3D Tour

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air, Ceiling Fan(s)

Other

Directions Information:

  • Directions: East on Front Beach Rd to Joan Ave. Turn Right on Joan Ave and follow to Thomas Dr. Make a left on Thomas Dr. & Regency Towers will be 2.5 miles down on the right. 5801 Thomas Dr

Price Information

Listing Price Info

Price Summary:

  • List Price: $485,000
  • Price Per SqFt: $424/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.

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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 414 vs Panama City

276 DAYS ON ROCKET

+199 Days

$485,000

+$145.5K More

$424/SqFt

+$222 More

KEY TAKEAWAY

This property is $145.5K more than the Median Sold Price and $222/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: #752994

Listing Office:

  • Office Name: Keller Williams Success 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: 11/22/2024, 1:20:52 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

Aug 01, 2008Home Sold
$230,000
Oct 17, 2001Home Sold
$228,000
Nov 15, 1999Home Sold
$155,000

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

$3,487

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,521

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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-623818
7
/10

  • Patronis Elementary School

  • 7400 Patronis Dr

  • 1.60 miles

  • Public District Grades KG-5

school-card-donut-623819
3
/10

  • Lucille Moore Elementary School

  • 1900 Michigan Ave

  • 4.05 miles

  • Public District Grades PK-5

school-card-donut-623820
1
/10

  • St. Andrew School at Oakland Terrace

  • 2010 W 12th St

  • 4.45 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,841. Typical income of Panama City, FL residents is between $35k-100k annually. 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 414

What is the listing price of this property?

The listing price of 5801 Thomas Dr Unit 414 property is $485,000.

What type of property is this?

The property 5801 Thomas Dr Unit 414 is a condo located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Active Listing: 5801 Thomas Dr Unit 414 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 August 1, 2008 for $230,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5801 Thomas Dr Unit 414 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5801 Thomas Dr Unit 414 is 1,144 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5801 Thomas Dr Unit 414 is 1975.

Rocket Homes›Florida›Bay County›Panama City›32408›5801 Thomas Dr Unit 414

This home is located at 5801 Thomas Dr Unit 414 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 February 20, 2024 and is currently priced at $485,000.

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 inventory of homes for sale in Panama City, FL between September 2024 and October 2024 decreased 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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