5801 Thomas Dr Unit 815, Panama City Beach, FL, 32408

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5801 Thomas Dr Unit 815, Panama City$459,900

Buyer Closing Credits

$5,461^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeCondominium

ParkingPaved, Parking Lot

Year Built1975

HeatingCentral

CoolingElectric

WaterfrontGulf

ViewGulf

MLS #745247

StatusActive

About 5801 Thomas Dr Unit 815

Motivated seller, bring all offers!This 2 bed/2 bath Regency Towers unit is at an ideal location to maximize your rental investment. This condo is in the middle of the building and has breathtaking views of the Gulf from the living room and the master bedroom. This unit has updated appliances and all of the furniture will coney with the sale. There are future rentals on the books going into 2024 that can transfer to the new owner for immediate income. Regency Towers has long been a popular vacation destination in Panama City Beach, located on the east end of Thomas Drive close to all of the attractions. Contact your agent for a showing!

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Property Details

Property Features

Property Information:

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

Listing Office:

• Office Name: Anchor Realty Florida

Interior Features

Interior Information:

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

Bedroom and Bathroom Information:

• Full Bathrooms: 2
• Total Bedroom Count: 2

Exterior Features

Exterior Information:

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

Parking Information:

• Parking: Paved, Parking Lot

Utilities

Utilities Information:

• Heating: Central
• Cooling: Electric

Other

Directions Information:

• Directions: Regency Towers is on Thomas Drive, when heading towards navy base, directly past Watercrest.

Price Information

Listing Price Info

Price Summary:

• List Price: $459,900
• Price Per SqFt: $402/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.

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 815 vs Panama City

495 DAYS ON ROCKET

+416 Days

$459,900

+$120.6K More

$402/SqFt

+$201 More

KEY TAKEAWAY

This property is $120.6K more than the Median Sold Price and $201/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: #745247

Listing Office:

• Office Name: Anchor Realty Florida

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.

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Property Sales & Tax

Tax History

YEAR	PROP. TAX	ASSESSMENT
2020	$2,060	$173,400
2018	$2,167	$170,000
2017	$2,086	$162,350

History based on county public records data.

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**Disclosures

Rocket Homes›Florida›Bay County›Panama City›32408›5801 Thomas Dr Unit 815

This home is located at 5801 Thomas Dr Unit 815 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 August 15, 2023 and is currently priced at $459,900.

In November 2024 more than 13 listings in Panama City, FL were sold above the asking price. During the same period more than 33 listings were sold at asking price, while more than 120 were sold below. Between October 2024 and November 2024, Panama City, FL real estate market has seen decrease in the number of listings by 3.9%. The median list price of listings available in November 2024 was $339,223, while the average time on the real estate market was 79 days.

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