4 months on rocket

5801 S Thomas Dr Unit 305, Panama City Beach, FL, 32408

$399,000

Home List Price

$4,738*

Closing Credit

1 Bedroom
2 Full Baths
916 SqFt
$436/SqFt
Condo
Schools Nearby

Location

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5801 S Thomas Dr Unit 305, Panama City$399,000

Buyer Closing Credits

$4,738*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingParking Lot, RV Access/Parking
Year Built1982
HeatingCentral, Electric
CoolingCentral Air, Electric
WaterfrontGulf
ViewGulf
MLS #749844
StatusActive

About 5801 S Thomas Dr Unit 305

Low Floor End-Unit! Skip the elevators! This 1-bedroom, 2-bathroom end-unit is located right next to the stairs on the west side of the building with a corner balcony and additional west facing living room window providing deep Panama City Beach coastline views extending all the way to the horizon as well as the pool, beach, and GULF VIEWS directly to the south from the sliding glass doors and balcony. Renovated with LVP flooring throughout the entire unit, new vanities with granite countertops and shiplap wall. Stackable laundry located inside the unit. Primary bedroom also shares gulf views via a southern facing window and sliding glass door access to the balcony. The owners use it mostly for friends and family vacations, so it hasn't been on the short term rental market. Regency Towers continues to be a popular Panama City Beach, Florida destination for over 40-years, located in the South Lagoon area, less than 5-minutes from the St. Andrews State Park, and close to attractions like Cobra Arcade and Go-Karts, several local's restaurants such Captain Jack's, Schooners and Patches Pub. The complex is gated and offers plenty of parking with 24 hour security services offering amenities such as kids pool, indoor hot tub, owner's lounge, fitness room, game room, outdoor picnic area with grills, boardwalk, 2 beachfront pools, both with ability to be heated seasonally, poolside Bikini Bob's Grill & Bar and large grass area. All Information is deemed to be reliable, but is not guaranteed, buyer to verify if important. Pets are not allowed.

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 1982
  • Living Area: 916 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty

Interior Features

Interior Information:

  • Appliances: Washer/Dryer Stacked, Dishwasher, Electric Oven, Electric Water Heater, Microwave, Refrigerator
  • Flooring Type: Plank, Vinyl
  • Interior: Breakfast Bar, Window Treatments

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

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

Parking Information:

  • Parking: Parking Lot, RV Access/Parking

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, 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: South on Joan Av, turn left into Thomas Drive, Eastbound 2.2 miles Regency Towers will be on your right .

Price Information

Listing Price Info

Price Summary:

  • List Price: $399,000
  • Price Per SqFt: $436/SqFt

HOA Fees:

  • Amount: $2997
  • Frequency: Quarterly
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Housing Market Comparison

See how this home compares to others in Panama City, FL.

Med. Sold Price

$347.1K

Med. Price/SqFt

$204

Avg. Days On Market

82

# of Sold Homes

196

5801 S Thomas Dr Unit 305 vs Panama City

147 DAYS ON ROCKET

+65 Days

$399,000

+$51.8K More

$436/SqFt

+$232 More

KEY TAKEAWAY

This property is $51.8K more than the Median Sold Price and $232/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: #749844

Listing Office:

  • Office Name: Coldwell Banker Realty

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: 4/28/2024, 7:25:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$3,058

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,263

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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-2026296
7
/10
  • Patronis Elementary School

  • 7400 Patronis Dr

  • 1.56 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2026297
5
/10
  • Surfside Middle School

  • 300 Nautilus St

  • 6.92 miles

  • Public District Grades 6-8

High School

school-card-donut-2026298
5
/10
  • J.R. Arnold High School

  • 550 N Alf Coleman Rd

  • 5.03 miles

  • Public District Grades 9-12

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. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5801 S Thomas Dr Unit 305

What is the listing price of this property?

The listing price of 5801 S Thomas Dr Unit 305 property is $399,000.

What type of property is this?

The property 5801 S Thomas Dr Unit 305 is a condo located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Active Listing: 5801 S Thomas Dr Unit 305 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 S Thomas Dr Unit 305 are:
Patronis Elementary School: GreatSchools Rating 7/10
Surfside Middle School: GreatSchools Rating 5/10
J.R. Arnold High School: GreatSchools Rating 5/10

How many bedrooms and bathrooms does this property have?

The property at 5801 S Thomas Dr Unit 305 has 1 bedroom and 2 bathrooms.

What is the square footage of this property?

The property 5801 S Thomas Dr Unit 305 is 916 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5801 S Thomas Dr Unit 305 is 1982.

Rocket Homes›Florida›Bay County›Panama City›32408›5801 S Thomas Dr Unit 305

This home is located at 5801 S Thomas Dr Unit 305 in Panama City Beach, FL and zip code 32408. This 916 square foot home was built in 1982. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since December 02, 2023 and is currently priced at $399,000.

Over 13 listings were sold over their listed price in March 2024 in Panama City, FL. In the same period over 120 listings were sold below the listed price and 63 listings were sold for the listed price. The number of homes for sale in Panama City, FL increased by 3.2% between February 2024 and March 2024. The median list price of listings available in March 2024 was $347,126, while the average time on the real estate market was 82 days.

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

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