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Backup Offers

5801 Thomas Dr Unit 724, Panama City Beach, FL, 32408

$525,000

Home List Price

$6,234*

Closing Credit

3 Bedrooms
2 Full Baths
1,352 SqFt
$388/SqFt
Condo
Schools Nearby

Location

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5801 Thomas Dr Unit 724, Panama City$525,000

Buyer Closing Credits

$6,234*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOpen, Paved
Year Built1975
HeatingElectric
CoolingCeiling Fan(s), Electric
WaterfrontGulf
ViewGulf
MLS #748052
StatusAccepting Backup Offers
(Active Under Contract)

About 5801 Thomas Dr Unit 724

Under contract-taking back up offers! Situated in the secured, waterfront complex of Regency Towers. Wake up to sweeping Gulf Views and direct access to the beach at unit 724. The completed remodeled, fully-furnished, three bedroom residence is the opportunity you've been waiting for! Entering the unit you're greeted by new LVP flooring, an updated lighting package, and freshly painted interiors. The upgrades continue into the main living space where you'll find a remodeled kitchen to include upgraded granite counter tops, tile backsplash, brand new cabinetry with soft close drawers, stainless steel appliance package, and breakfast bar seating.

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 1975
  • Living Area: 1,352 SqFt

Listing Office:

  • Office Name: Corcoran Reverie

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Flooring Type: Vinyl
  • Interior: Breakfast Bar, Remodeled

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

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

Parking Information:

  • Parking: Open, Paved

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: 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: From Hathaway Bridge, Head west toward US-98. At the the stop light use the left 2 lanes to turn slightly left. Continue onto C R 392/Thomas Dr for 1.9 mi. Continue straight to stay on C R 392/Thomas Dr for 1.7 mi. At the light use the right 2 lanes to turn right to stay on C R 392/Thomas Dr. Travel for .8 mi and turn left in Regency Towers.

Price Information

Listing Price Info

Price Summary:

  • List Price: $525,000
  • Price Per SqFt: $388/SqFt

HOA Fees:

  • Amount: $2997
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $2,302
  • 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 724 vs Panama City

198 DAYS ON ROCKET

+137 Days

$525,000

+$177.3K More

$388/SqFt

+$183 More

KEY TAKEAWAY

This property is $177.3K more than the Median Sold Price and $183/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: #748052

Listing Office:

  • Office Name: Corcoran Reverie

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: 5/4/2024, 12:20:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 29, 2021Home Sold
$350,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,302$197,965
2018$2,303$169,541
2017$1,982$154,128

History based on county public records data.

Payment Calculator

$3,687

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,640

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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-5671294
7
/10

  • Patronis Elementary School

  • 7400 Patronis Dr

  • 1.56 miles

  • Public District Grades PK-5

Middle School

school-card-donut-5671295
5
/10

  • Surfside Middle School

  • 300 Nautilus St

  • 6.92 miles

  • Public District Grades 6-8

High School

school-card-donut-5671296
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. The majority of Panama City, FL residents have income between $35k-100k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5801 Thomas Dr Unit 724

What is the listing price of this property?

The listing price of 5801 Thomas Dr Unit 724 property is $525,000.

What type of property is this?

The property 5801 Thomas Dr Unit 724 is a condo located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Accepting Backup Offers: 5801 Thomas Dr Unit 724 is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 5801 Thomas Dr Unit 724 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 $2,302 (source: MLS/based on county public records data).

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

The last sale was on July 29, 2021 for $350,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5801 Thomas Dr Unit 724 has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5801 Thomas Dr Unit 724 is 1,352 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5801 Thomas Dr Unit 724 is 1975.

Rocket Homes›Florida›Bay County›Panama City›32408›5801 Thomas Dr Unit 724

This home is located at 5801 Thomas Dr Unit 724 in Panama City Beach, FL and zip code 32408. This 1,352 square foot home was built in 1975. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 18, 2023 and is currently priced at $525,000.

In April 2024, from all listings sold in Panama City, FL there were more than 30 sold above asking price, over 130 sold below and more than 51 were sold right at the asked price. The number of listings in Panama City, FL increased by 4.7% between March 2024 and April 2024. 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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