3 months on rocket

5801 Thomas Dr Unit 611, Panama City Beach, FL, 32408

$489,900

Home List Price

$5,818*

Closing Credit

2 Bedrooms
2 Full Baths
1,144 SqFt
$428/SqFt
Condo

Location

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5801 Thomas Dr Unit 611, Panama City$489,900

Buyer Closing Credits

$5,818*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingParking Lot
Year Built1982
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s), Electric
WaterfrontGulf
ViewBayou, Gulf
MLS #762060
StatusActive

About 5801 Thomas Dr Unit 611

Welcome to Regency Towers Condo unit 611, a captivating gem in Panama City Beach. This immaculate 2-bedroom, 2-bath unit is a turnkey vacation rental, perfect for investors and beach lovers alike. Professionally renovated this condo exudes coastal charm including new sliding glass doors in the living room and master bedroom, granite countertops and LVP flooring. The coastal decor and beachy furnishings further enhance the beachside ambiance, providing a true retreat for vacationers. Situated on the coveted 6th floor, this unit offers stunning beachfront views from the living room and master bedroom. The gated security of Regency Towers ensures privacy and tranquility Amenities include two large pools, a tiki bar, hot tub, tennis courts, shuffleboard, pool room, and exercise room.

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 1982
  • Living Area: 1,144 SqFt

Listing Office:

  • Office Name: Counts Real Estate Group Inc

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Gulf
  • View: Bayou, Gulf
  • Exterior: Balcony

Parking Information:

  • Parking: Parking Lot

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: From the Hathaway Bridge turn left onto Thomas Dr. Stay right at the curve in Thomas Dr. and Regency Towers will be on the Gulf side of Thomas Dr.

Price Information

Listing Price Info

Price Summary:

  • List Price: $489,900
  • Price Per SqFt: $428/SqFt

HOA Fees:

  • Amount: $2997
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $2,677
  • 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

$339.2K

Med. Price/SqFt

$201

Avg. Days On Market

79

# of Sold Homes

166

5801 Thomas Dr Unit 611 vs Panama City

114 DAYS ON ROCKET

+35 Days

$489,900

+$150.6K More

$428/SqFt

+$227 More

KEY TAKEAWAY

This property is $150.6K more than the Median Sold Price and $227/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: #762060

Listing Office:

  • Office Name: Counts Real Estate Group Inc

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: 12/22/2024, 3:21:00 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

Apr 01, 2019Home Sold
$247,000
Sep 15, 2017Home Sold
$195,000
Oct 28, 2009Home Sold
$190,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,677$216,750
2018$2,167$170,000
2017$2,086$162,350

History based on county public records data.

Payment Calculator

$3,512

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,535

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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-1008750
7
/10

  • Patronis Elementary School

  • 7400 Patronis Dr

  • 1.60 miles

  • Public District Grades KG-5

school-card-donut-1008751
3
/10

  • Lucille Moore Elementary School

  • 1900 Michigan Ave

  • 4.05 miles

  • Public District Grades PK-5

school-card-donut-1008752
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. The majority of Panama City, FL residents have income between $35k-100k annually. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5801 Thomas Dr Unit 611

What is the listing price of this property?

The listing price of 5801 Thomas Dr Unit 611 property is $489,900.

What type of property is this?

The property 5801 Thomas Dr Unit 611 is a condo located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Active Listing: 5801 Thomas Dr Unit 611 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 $2,677 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 1, 2019 for $247,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5801 Thomas Dr Unit 611 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5801 Thomas Dr Unit 611 is 1,144 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5801 Thomas Dr Unit 611 is 1982.

Rocket Homes›Florida›Bay County›Panama City›32408›5801 Thomas Dr Unit 611

This home is located at 5801 Thomas Dr Unit 611 in Panama City Beach, FL and zip code 32408. This 1,144 square foot home was built in 1982. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 30, 2024 and is currently priced at $489,900.

In November 2024, from all listings sold in Panama City, FL there were more than 13 sold above asking price, over 120 sold below and more than 33 were sold right at the asked price. Between October 2024 and November 2024, Panama City, FL real estate market has seen decrease in the number of listings by 3.9%. While the average time on the market in November 2024 was 79 days, the median list price was $339,223.

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

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