4 months on rocket

5801 Thomas Dr Unit 1301, Panama City Beach, FL, 32408

$498,500

Home List Price

$5,920*

Closing Credit

3 Bedrooms
2 Full Baths
1,560 SqFt
$320/SqFt
Condo
Schools Nearby

Location

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5801 Thomas Dr Unit 1301, Panama City$498,500

Buyer Closing Credits

$5,920*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingPaved, Parking Lot
Year Built1982
HeatingCentral
CoolingCentral Air, Ceiling Fan(s), Electric
WaterfrontGulf, Sandy Shoreline, Waterfront
ViewBay, Gulf, Lagoon
MLS #750461
StatusActive

About 5801 Thomas Dr Unit 1301

Financing Fell Thru, This Gem is BACK on the Market. ' Price Reduced over 50K!! You can Own a 3 Bedroom unit at Regency Towers for the Price of a 2 Bed Unit. This is a 3 Bed 2 Bath Condo that been used as a second home since 2009 (NOT used as a Rental). The condo has spectacular gulf , beach and sunset views. It is one of the few units that has 2 large extra windows giving it amazing views of the Grand Lagoon and St. Andrews Bay. This 1560 square foot unit is priced $100 per square foot under the average price at Regency Towers. Tile Floors. Reme Halo air purification system in the condo 2 years ago. It is built in to the HVAC unit. Enjoy 2 Large Pools (one heated), hot tub,& a snack bar on the beach. Regency Towers is a private, gated community, has renovated exercise facilities, billiards and party room! Excellent income opportunity or make it your home! This is a fantastic value and a great buy.

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 1982
  • Living Area: 1,560 SqFt

Listing Office:

  • Office Name: AMERICAN REALTY of Bay Co, Inc

Interior Features

Interior Information:

  • Appliances: Convection Oven, Dryer, Dishwasher, ENERGY STAR Qualified Appliances, Electric Water Heater, Microwave, Refrigerator, Washer
  • Flooring Type: Tile
  • Interior: Smart Thermostat

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Gulf, Sandy Shoreline, Waterfront
  • View: Bay, Gulf, Lagoon
  • Exterior: Balcony, Hot Tub/Spa, Outdoor Grill, Outdoor Shower, Pool

Parking Information:

  • Parking: Paved, Parking Lot

Lot Features

Lot Information:

  • Lot: Waterfront

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air, Ceiling Fan(s), Electric

School Info

Assigned Schools Information:

  • J.R. Arnold High School, Public District Grades 9-12
  • Surfside Middle School, Public District Grades 6-8
  • Patronis Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Thomas Dr to 5801 Thomas Dr, unit 1301 Regency Towers

Price Information

Listing Price Info

Price Summary:

  • List Price: $498,500
  • Price Per SqFt: $320/SqFt

HOA Fees:

  • Amount: $2997
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $2,740
  • 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

$347.6K

Med. Price/SqFt

$204

Avg. Days On Market

61

# of Sold Homes

211

5801 Thomas Dr Unit 1301 vs Panama City

136 DAYS ON ROCKET

+75 Days

$498,500

+$150.8K More

$320/SqFt

+$115 More

KEY TAKEAWAY

This property is $150.8K more than the Median Sold Price and $115/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: #750461

Listing Office:

  • Office Name: AMERICAN REALTY of Bay Co, Inc

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: 5/3/2024, 2:20:36 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

Oct 26, 2015Home Sold
$228,500
Jan 07, 2010Home Sold
$188,000
May 06, 2005Home Sold
$425,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,740$238,202
2018$2,695$200,558
2017$2,338$182,325

History based on county public records data.

Payment Calculator

$3,554

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,561

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NMLS#3030

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.

Elementary School

school-card-donut-5382051
7
/10

  • Patronis Elementary School

  • 7400 Patronis Dr

  • 1.56 miles

  • Public District Grades PK-5

Middle School

school-card-donut-5382052
5
/10

  • Surfside Middle School

  • 300 Nautilus St

  • 6.92 miles

  • Public District Grades 6-8

High School

school-card-donut-5382053
5
/10

  • J.R. Arnold High School

  • 550 N Alf Coleman Rd

  • 5.03 miles

  • Public District Grades 9-12

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. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5801 Thomas Dr Unit 1301

What is the listing price of this property?

The listing price of 5801 Thomas Dr Unit 1301 property is $498,500.

What type of property is this?

The property 5801 Thomas Dr Unit 1301 is a condo located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Active Listing: 5801 Thomas Dr Unit 1301 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5801 Thomas Dr Unit 1301 are:
Patronis Elementary School: GreatSchools Rating 7/10
Surfside Middle School: GreatSchools Rating 5/10
J.R. Arnold High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,740 (source: MLS/based on county public records data).

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

The last sale was on October 26, 2015 for $228,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5801 Thomas Dr Unit 1301 has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5801 Thomas Dr Unit 1301 is 1,560 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5801 Thomas Dr Unit 1301 is 1982.

Rocket Homes›Florida›Bay County›Panama City›32408›5801 Thomas Dr Unit 1301

This home is located at 5801 Thomas Dr Unit 1301 in Panama City Beach, FL and zip code 32408. This 1,560 square foot home was built in 1982. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 19, 2023 and is currently priced at $498,500.

Panama City, FL housing market in April 2024 saw over 30 listings sold above listed price, more than 51 sold at listed price and over 130 sold below. The inventory of homes for sale in Panama City, FL between March 2024 and April 2024 increased by 4.7%. In April 2024 median list price was $347,653 and the average listing age was 61 days.

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

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