8 months on rocket

5801 Thomas Dr Unit 815, Panama City Beach, FL, 32408

$479,900

Home List Price

$5,699*

Closing Credit

2 Bedrooms
2 Full Baths
1,144 SqFt
$419/SqFt
Condo
Schools Nearby

Location

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5801 Thomas Dr Unit 815, Panama City$479,900

Buyer Closing Credits

$5,699*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingPaved, Parking Lot
Year Built1975
HeatingCentral
CoolingElectric
WaterfrontGulf
ViewGulf
Private PoolYes
MLS #745247
StatusActive

About 5801 Thomas Dr Unit 815

This 2 bed/2 bath Regency Towers unit is at an ideal location to maximize your rental investment. This condo is in the middle of the building and has breathtaking views of the Gulf from the living room and the master bedroom. This unit has updated appliances and all of the furniture will coney with the sale. There are future rentals on the books going into 2024 that can transfer to the new owner for immediate income. Regency Towers has long been a popular vacation destination in Panama City Beach, located on the east end of Thomas Drive close to all of the attractions. Contact your agent for a showing!

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 1975
  • Living Area: 1,144 SqFt

Listing Office:

  • Office Name: Anchor Realty Florida

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Oven, Electric Water Heater, Microwave, Refrigerator
  • Flooring Type: Tile
  • Interior: Breakfast Bar, Window Treatments

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Gulf
  • View: Gulf
  • Exterior: Balcony

Parking Information:

  • Parking: Paved, Parking Lot

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: 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: Regency Towers is on Thomas Drive, when heading towards navy base, directly past Watercrest.

Price Information

Listing Price Info

Price Summary:

  • List Price: $479,900
  • Price Per SqFt: $419/SqFt

HOA Fees:

  • Amount: $2997
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $2,060
  • 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 815 vs Panama City

262 DAYS ON ROCKET

+201 Days

$479,900

+$132.2K More

$419/SqFt

+$214 More

KEY TAKEAWAY

This property is $132.2K more than the Median Sold Price and $214/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: #745247

Listing Office:

  • Office Name: Anchor Realty Florida

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, 12:55:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$2,060$173,400
2018$2,167$170,000
2017$2,086$162,350

History based on county public records data.

Payment Calculator

$3,462

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,505

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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-5657463
7
/10

  • Patronis Elementary School

  • 7400 Patronis Dr

  • 1.56 miles

  • Public District Grades PK-5

Middle School

school-card-donut-5657464
5
/10

  • Surfside Middle School

  • 300 Nautilus St

  • 6.92 miles

  • Public District Grades 6-8

High School

school-card-donut-5657465
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. Typical income of Panama City, FL residents is 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 815

What is the listing price of this property?

The listing price of 5801 Thomas Dr Unit 815 property is $479,900.

What type of property is this?

The property 5801 Thomas Dr Unit 815 is a condo located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Active Listing: 5801 Thomas Dr Unit 815 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 815 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 $2,060 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5801 Thomas Dr Unit 815 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5801 Thomas Dr Unit 815 is 1,144 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5801 Thomas Dr Unit 815 is 1975.

Rocket Homes›Florida›Bay County›Panama City›32408›5801 Thomas Dr Unit 815

This home is located at 5801 Thomas Dr Unit 815 in Panama City Beach, FL and zip code 32408. This 1,144 square foot home was built in 1975. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 15, 2023 and is currently priced at $479,900.

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. In April 2024 in Panama City, FL there were 4.7% more homes for sale than in March 2024. Listings spent 61 days on the market in April 2024, and had a median list price of $347,653 during the same period.

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

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