Address
5801 Thomas Drive 1204, Panama City, FL
Price
$ 523,000
Property Attributes
  • MLS#785136
  • TypeCondos
  • Listing Status Active
  • CountyBay
  • CityPanama City
  • Area03 - Bay County - Beach
  • NeighborhoodRegency Towers
  • Zip32408
  • Style
  • Year Built1982
  • Taxes$ 4129
  • Price$ 523,000
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1248
Data Source:
Central Panhandle Association of REALTORS® (CPAR)
Property Description

Welcome to Regency Towers on the highly desirable east end of Thomas Drive — where Gulf-front living meets panoramic coastal beauty. This spacious 3-bedroom, 2- full bath residence comfortably accommodates up to 8-10 guests and offers breathtaking gulf views from your private balcony. What truly sets this unit apart is the stunning side view perspective — allowing you to take in miles of sugar-white sand and emerald waters stretching endlessly down the coastline. From sunrise coffee to sunset cocktails, the sweeping side views create a dramatic, postcard-worthy backdrop you simply won't want to leave. Inside, you'll find a beautifully updated, open-concept layout featuring a renovated kitchen with granite countertops, white cabinetry, subway tile backsplash, and an oversized breakfast bar perfect for entertaining. The dining and living areas flow seamlessly, enhanced by mirrored walls that reflect natural light and maximize the gulf views. Updated flooring throughout adds a clean, coastal feel. The gulf-front primary suite offers direct balcony access and incredible water views right from your bed. Additional bedrooms are spacious and thoughtfully designed for guests and family. Major upgrades include completely repainted interior, AC condenser replaced (2022), new stove (2022), furniture upgrades (2023), new patio doors and windows (2024) and a new AC evaporator (2025). Regency Towers offers one of the most impressive amenity packages in the area, including: two saltwater pools, waterslide, poolside bar/snack area, Indoor hot tub, game room with billiards, Seasonal community events, outdoor movies & poolside entertainment. Located just minutes from St. Andrews State Park, you'll have some of the area's best outdoor recreation, boating, fishing, and nature trails right at your fingertips. Whether you're looking for a primary residence, second home, or high-performing rental investment, this Gulf-front condo delivers space, upgrades, amenities, and — most importantly — an unforgettable side coastline view that captures the true beauty of Panama City Beach. Schedule your private showing today!

Elementary School Middle School High School
Patronis Elementary School Surfside Middle School Arnold High School
Price History
2/12/2026 Listed $539,000
5/1/2026 2$529,000
9/4/2026 1$523,000

General Features

Sewer Public Sewer
Utilities Cable Connected,Electricity Available
Property Subtype Condominium
Tax Year 2025
Community Features Barbecue,Clubhouse,Conference/Meeting Room,Game Room,Pool,Waterfront,Community Pool,Gated,Short Term Rental Allowed
County Bay
Property Type Residential
HOA true
Subdivision Name Regency Towers
Special Listing Conditions Listed As-Is
Status Active
Directions On Thomas Dr east - from St Andrews State Park - head west on Thomas Dr about .8 miles, then turn left into Regency Towers.
High School Arnold
City Panama City
Zoning Description Resid Multi-Family
MLS Area 03 - Bay County - Beach
Elementary School Patronis
Tax Annual Amount 4129
Middle/Junior High School Surfside
MLS Area Minor 0323 - Beach - South of Grand Lagoon
Standard Status Active
Property Sub Type Additional Condominium
Association Amenities Gazebo,Barbecue,Picnic Area,Spa/Hot Tub
Occupancy Type Tenant
Waterfront Features Gulf,Shoreline - Sand
Year Built 1982
Association Fee Includes Clubhouse,Insurance,Internet,Maintenance Grounds,Pool(s),Trash
Heating Electric
Appliances Electric Cooktop,Electric Oven,Electric Range,Electric Water Heater
View Gulf,Water
Attached Garage false
Garage Y/N false
Total Rooms 3
Full Baths 2
Architectural Style High Rise
HOA Fee 2564.3
Assoc Fee Paid Per Quarterly
Pool Features Electric Heat,In Ground,Community
Security Features Fire Sprinkler System,Gated Community,24 Hour Security,Security Guard,Security Lights,Security Service,Fire Alarm,Security Gate,Smoke Detector(s)
Unit Number 1204
New Construction false
Spa Features Community

Interior Features

Total Baths 2
Interior Amenities Balcony,Main Level Primary,Tub Shower
Furnished Units All Units
Heating Y/N true
Total Bedrooms 3
LivingAreaSource Appraiser

Exterior Features

Lot Features Paved
Lot Dimensions 0x0
Parking Features Gated,Paved,Parking Lot
Building Area Total 1248
Waterfront Y/N true

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
$520K
Taxes
AVG $4,058
$4,129
Year Built
AVG 1995
1982

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