Address

5801 Thomas Drive 1021, Panama City Beach, FL

Listing Type

Pending

Price

$ 619,950

Property Attributes

MLS#792707
TypeCondos
Listing Status Pending
CountyBay
CityPanama City Beach
Area03 - Bay County - Beach
NeighborhoodRegency Towers
Zip32408
Style
Year Built1975
Taxes$ 4666
Price$ 619,950
Bedrooms3
Full Bathrooms2
Half Bathrooms0
Sqr Footage1372

Data Source:

Central Panhandle Association of REALTORS® (CPAR)

Property Description

Rare Front-Stack Gulf-Front Opportunity at Regency Towers! Experience breathtaking, unobstructed Gulf views from this highly sought-after front-stack 3-bedroom, 2-bath residence in Regency Towers. Rarely available, this spacious beachfront condo has been extensively updated with more than $61,000 in renovations, creating a truly move-in-ready retreat that's equally suited as a primary residence, second home, or income-producing short-term rental. The beautifully remodeled kitchen features custom cabinetry, quartz countertops, a tile backsplash, updated tile flooring, new appliances, sink, faucet, lighting, and garbage disposal, blending timeless style with everyday functionality. Throughout the home you'll also find new flooring, fresh interior paint, updated trim and doors, renovated bathrooms, a new front entry door, and updated lighting. Significant improvements include all new windows and sliding glass doors, a new 40-gallon water heater (2026), and numerous plumbing and electrical upgrades, providing lasting value and peace of mind. The spacious living and dining areas open to a private Gulf-front balcony where you'll enjoy panoramic emerald-water views, unforgettable sunsets, and the relaxing sounds of the Gulf. Regency Towers offers outstanding resort-style amenities, including two beachfront pools, the popular Sandbar, fitness facilities, billiards room, family movie nights, and direct beach access, all just minutes from Panama City Beach's premier dining, shopping, and entertainment. Front-stack 3-bedroom residences of this caliber are exceptionally rare, especially with this level of renovation already completed. This is a unique opportunity to own one of Regency Towers' most desirable floor plans without the expense or hassle of future updates. As an added bonus, two beach chair service memberships are included through the end of the 2026 beach season, so you can start enjoying the beach from day one. This condo was a successful short-term rental through 2024 before becoming the owners' private home for the past two years. It has now been placed back on the rental market and is being offered fully furnished and completely turnkey, including furnishings, linens, towels, kitchen essentials, and décor. Whether you're looking for a personal beachfront retreat or an investment property, everything is already in place for you to start enjoying it or generating rental income immediately.

Elementary School	Middle School	High School
Patronis Elementary School	Surfside Middle School	Arnold High School

Price History
7/16/2026	Listed $619,950

General Features

Sewer	Public Sewer
Utilities	Cable Connected
Property Subtype	Condominium
Tax Year	2025
Community Features	Barbecue,Business Center,Clubhouse,Elevator,Fitness Center,Park,Pool,Sauna,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	Pending
Directions	From the Hathaway Bridge heading west, turn left onto Thomas Drive and continue approximately 5.2 miles. Regency Towers is located on the left at 5801 Thomas Drive, just after the Dollar General Store.
High School	Arnold
City	Panama City Beach
MLS Area	03 - Bay County - Beach
Elementary School	Patronis
Land Lease Y/N	false
Tax Annual Amount	4666.32
Middle/Junior High School	Surfside
MLS Area Minor	0323 - Beach - South of Grand Lagoon
Standard Status	Pending
Property Sub Type Additional	Condominium
Association Amenities	Other,See Remarks,Gated,Barbecue,Spa/Hot Tub
Occupancy Type	Tenant
Waterfront Features	Gulf,Shoreline - Sand
Year Built	1975
Association Fee Includes	Association Management,Clubhouse,Cable TV,Fitness Facility,Internet,Legal/Accounting,Maintenance Grounds,Pest Control,Pool(s),Sewer,Security,Trash,Water
Heating	Electric
Cooling	Central Air,Ceiling Fan(s)
Appliances	Washer/Dryer Stacked,Electric Cooktop,Electric Water Heater,Ice Maker
Patio/Porch Features	Balcony
Construction Materials	Block,Concrete
View	Gulf,Water
Attached Garage	false
Garage Y/N	false
Total Rooms	3
Full Baths	2
Architectural Style	High Rise
Stories Count	14
HOA Fee	2546.3
Assoc Fee Paid Per	Quarterly
Pool Features	Electric Heat,In Ground,Community
Security Features	Building Security,Security Gate,Gated with Guard,Gated Community,24 Hour Security,Security Guard,Fire Alarm,Smoke Detector(s),Security Service
Unit Number	1021
New Construction	false
Senior Community Y/N	false
Spa Features	Community
Accessibility	Accessible Entrance
Roof	Flat

Interior Features

Total Baths	2
Interior Amenities	Balcony,Shower Only
Furnished Units	All Units
Air Conditioning Y/N	true
Heating Y/N	true
Total Bedrooms	3
LivingAreaSource	Appraiser
Total Stories	14
Laundry Features	Stacked

Exterior Features

Lot Dimensions	0x0
Road Frontage Type	City Street
Parking Features	Gated,Parking Lot
Building Area Total	1372
Waterfront Y/N	true
Road Responsibility	Public Maintained Road
Foundation Details	Pillar/Post/Pier