3 months on rocket

Backup Offers

5801 Thomas Dr Unit 804, Panama City Beach, FL, 32408

$439,000

Home List Price

$5,213*

Closing Credit

2 Bedrooms
2 Full Baths
1,248 SqFt
$352/SqFt
Condo

Location

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5801 Thomas Dr Unit 804, Panama City$439,000

Buyer Closing Credits

$5,213*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1982
HeatingCentral
CoolingElectric
WaterfrontGulf, Waterfront
ViewGulf
MLS #762223
StatusAccepting Backup Offers
(Active Under Contract)

About 5801 Thomas Dr Unit 804

***CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS***Just Updated and Back on the Market!Looking for the perfect vacation home in Panama City Beach, FL? Check out 5801 Thomas Drive #804! This stunning condo, just steps from the Gulf of Mexico's pristine white sands, features brand-new LVP flooring and numerous upgrades. It's also a corner unit! Regency Towers has been a beloved destination in Panama City Beach for over 40 years. Situated in the South Lagoon area, it is less than five minutes from St. Andrews State Park and close to local attractions such as Cobra Arcade and Go-Karts, as well as popular eateries like Captain Jack's, Schooners, and Patches Pub. This gated complex offers ample parking and 24-hour security. Amenities include a kids' pool, indoor hot tub, owners' lounge, fitness room, game room, outdoor picnic area with grills, boardwalk, and two beachfront pools that can be heated seasonally. Enjoy poolside dining at Bikini Bob's Grill & Bar and relax in the large grassy area. All information is deemed reliable but not guaranteed; buyers should verify if important. Please note, pets are not allowed.Inside the unit, you'll enjoy a spacious, bright living area, ideal for unwinding after a beach day. The kitchen boasts modern appliances, a sleek quartz waterfall countertop, and ample counter space for preparing meals.Recent updates include new appliances, toilets, plumbing, vanities, and beautifully tiled showers. This unit was originally a 3-bedroom, but it has been professionally converted into a spacious 2-bedroom, creating a stunning great room perfect for enjoying time with family and friends! This is a must-see property! Don't miss out!

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 1982
  • Living Area: 1,248 SqFt

Listing Office:

  • Office Name: LPT Realty LLC

Interior Features

Interior Information:

  • Appliances: Electric Oven, Electric Water Heater

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

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

Lot Features

Lot Information:

  • Lot: Waterfront

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Electric

Other

Directions Information:

  • Directions: From North Lagoon, turn onto Joan Ave. Turn left on Thomas Drive and go about 1.5 miles. Regency Towers will be on the right. It is a Horse shoe shaped building With the abbreviation ''RT'' in the middle of the building. From Thomas Drive, turn right onto Thomas Drive and the building will be on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $439,000
  • Price Per SqFt: $352/SqFt

HOA Fees:

  • Amount: $2999
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $2,044
  • 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 804 vs Panama City

109 DAYS ON ROCKET

+30 Days

$439,000

+$99.7K More

$352/SqFt

+$151 More

KEY TAKEAWAY

This property is $99.7K more than the Median Sold Price and $151/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: #762223

Listing Office:

  • Office Name: LPT Realty LLC

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, 8:21:00 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

Jun 16, 2000Home Sold
$202,000
Apr 09, 1999Home Sold
$166,500
Oct 11, 1996Home Sold
$123,500

Tax History

YEARPROP. TAXASSESSMENT
2020$2,044$180,625
2018$2,040$159,800
2017$2,294$181,900

History based on county public records data.

Payment Calculator

$3,258

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,383

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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-1068037
7
/10

  • Patronis Elementary School

  • 7400 Patronis Dr

  • 1.60 miles

  • Public District Grades KG-5

school-card-donut-1068038
3
/10

  • Lucille Moore Elementary School

  • 1900 Michigan Ave

  • 4.05 miles

  • Public District Grades PK-5

school-card-donut-1068039
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. Most Panama City, FL residents have annual incomes between $35k-100k. 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 804

What is the listing price of this property?

The listing price of 5801 Thomas Dr Unit 804 property is $439,000.

What type of property is this?

The property 5801 Thomas Dr Unit 804 is a condo located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Accepting Backup Offers: 5801 Thomas Dr Unit 804 is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,044 (source: MLS/based on county public records data).

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

The last sale was on June 16, 2000 for $202,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5801 Thomas Dr Unit 804 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5801 Thomas Dr Unit 804 is 1,248 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5801 Thomas Dr Unit 804 is 1982.

Rocket Homes›Florida›Bay County›Panama City›32408›5801 Thomas Dr Unit 804

This home is located at 5801 Thomas Dr Unit 804 in Panama City Beach, FL and zip code 32408. This 1,248 square foot home was built in 1982. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 04, 2024 and is currently priced at $439,000.

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 number of listings in Panama City, FL decreased by 3.9% between October 2024 and November 2024. 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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