Address
5801 Thomas Drive 1216, Panama City Beach, FL
Price
$ 549,000
Property Attributes
  • MLS#1011613
  • TypeCondos
  • Listing Status Active
  • CountyBay
  • CityPanama City Beach
  • AreaBay County
  • NeighborhoodREGENCY TOWERS CONDO
  • Zip32408
  • StyleN-A
  • Year Built1975
  • Taxes$ 3656
  • Price$ 549,000
  • Bedrooms2
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1144
Data Source:
Emerald Coast MLS (ECAR)
Property Description

Stunning Gulf-Front Condo in Regency Towers, Panama City Beach, FL Fully furnished, rental-ready, and turnkey, this premium condo boasts over $100,000 in recent updates. Offering a seamless blend of luxury and high-income potential, this property is an exceptional investment or private beachside retreat. Strong rental history is available upon request, with similar less updated units in the building generating $75,000 to $80,000 annually. The building is well managed, with a focus on exceptional guest experience while keeping costs low for owners. Premium Interior Updates: • Chef's Kitchen: Equipped with premium quartz countertops, new soft-close cabinets, a custom tile backsplash, and a dedicated beverage/coffee bar with a built-in mini-fridge. • Upgraded Mechanics: Total peace of mind with a brand-new AC unit (2026), water heater (2023), new high-end stainless appliances, and recently installed heavy-duty hurricane impact windows and doors for premium storm protection and energy efficiency. • Custom Finishes: Durable, stylish ceramic wood-look floor tile flows throughout the entire space, accented by striking custom feature walls. Thoughtful details include a PVC chair rail and PVC corner molding, designed to keep drywall protected from luggage carts at the entryway, around the refrigerator, and on all sheetrock corners. Spacious Accommodations & Views: • Master Suite: Gulf-front views with a luxurious king bed and direct balcony access. • Guest Bedroom: Outfitted with a qu een bed and full-over-full bunk beds. " Living Area: Includes an additional queen pull-out sofa to maximize guest capacity. " Private Balcony: Accessible from both the master bedroom and living room, offering expansive views of the emerald waters and white sands. Resort-Style Amenities: " Pools & Relaxation: Two Olympic-sized pools (one heated year-round), a kiddie pool, an indoor hot tub, and a full-service, poolside bar & grill. " Entertainment & Fitness: On-site fitness center, billiards room, and a community room hosting year-round activities. " Conveniences: Multiple picnic areas with grills, outdoor showers, and highly efficient, well-managed resort operations. Unbeatable Location: Minutes from St. Andrews State Park and the area's top attractions, including Shipwreck Island Waterpark, Topgolf, boat launches, jet ski rentals, and premier dining/entertainment like Dolly Parton's Pirate's Voyage and Tootsie's Orchid Lounge. Schedule your private tour today to experience the World's Most Beautiful Beaches firsthand!

Elementary School Middle School High School
Patronis Elementary School Surfside Middle School Arnold High School
Price History
9/9/2026 Listed $549,000

General Features

Utilities Electric,Public Water,TV Cable
Property Subtype Condominium
Community Features Short Term Rental - Allowed,BBQ Pit/Grill,Beach,Community Room,Deed Access,Dumpster,Elevators,Exercise Room,Game Room,Gated Community,Picnic Area,Pool,TV Cable,Waterfront,Whirlpool
County Bay
Property Type Residential
Subdivision Name REGENCY TOWERS CONDO
Status Active
Directions From Hathaway bridge take Thomas Dr all the way to the beach, make a right at the light, Regency Towers is a large high rise approximately 2 miles on your left.
High School Arnold
City Panama City Beach
MLS Area 27 - Bay County
Lot Size Units Acres
Elementary School Patronis
Middle/Junior High School Surfside
MLS Area Minor 2723 - Beach - South of Grand Lagoon
Standard Status Active
Sewer Public Sewer
View Gulf
Waterfront Features Unit Waterfront,Gulf
Tax Assessed Value 2546
Heating Central
Cooling Central Air
Architectural Style N/A
Construction Materials Stucco
Year Built 1975
Tax Year 2025
New Construction false
Total Rooms 7
Carport Y/N false
Property Condition Construction Complete
Association Fee Includes Ground Keeping,Insurance,Internet Service,Management,Recreational Faclty,Security,Sewer,Water,Cable TV,Trash
Pool Features Pool Type
Unit Number 1216
HOA true

Interior Features

Total Baths 2
Interior Amenities Breakfast Bar
Flooring Floor Tile
Air Conditioning Y/N true
Heating Y/N true
Total Stories 14
Window Features Window Treatment All,Double Pane Windows
Furnished Y/N Furnished - All

Exterior Features

Waterfront Y/N true
Exterior Amenities Balcony
Building Area Total 1144

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Condos Average in 32408

Price
AVG $410K
$550K
Taxes
AVG $4,093
$3,656
Year Built
AVG 1995
1975

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