15 days on rocket

5801 Thomas Dr Unit 818, Panama City, FL, 32408

$529,900

Home List Price

$6,293*

Closing Credit

2 Bedrooms
2 Full Baths
1,144 SqFt
$463/SqFt
Condo
Schools Nearby

Location

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5801 Thomas Dr Unit 818, Panama City$529,900

Buyer Closing Credits

$6,293*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingParking Lot, RV Access/Parking
Year Built1975
HeatingCentral, Electric
CoolingCentral Air, Electric
WaterfrontGulf
ViewGulf
MLS #755956
StatusActive

About 5801 Thomas Dr Unit 818

Located on the desirable 8th floor, this is absolutely the nicest 2-bed/2-bath unit available for sale at Regency Towers, featuring direct views of Panama City Beach's white sand and its emerald waters! Renovated from top to bottom with LVP flooring throughout and smooth ceilings, the kitchen has stainless steel appliances, a farm sink, soft-closing cabinets, and granite countertops. Both the master bedroom and living room have new storm-rated sliding glass doors with access to the balcony and high-end woven wood shades for easy handling. The guest bathroom has a tiled shower with a bathtub, and the master bathroom has a walk-in tiled shower with a glass door. The balcony has four polywood high seating chairs so you can enjoy unobstructed views of the gulf. This unit is in impeccable condition since the owners have never had it on the rental market and it's only used by family and friends, offered fully furnished, minus some of the family artwork decor. The HVAC and the energy-efficient washer and dryer were installed in 2023.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: 1975
  • Living Area: 1,144 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, New Paint, Window Treatments

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

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: $529,900
  • Price Per SqFt: $463/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

$347.6K

Med. Price/SqFt

$204

Avg. Days On Market

61

# of Sold Homes

211

5801 Thomas Dr Unit 818 vs Panama City

15 DAYS ON ROCKET

-46 Days

$529,900

+$182.2K More

$463/SqFt

+$258 More

KEY TAKEAWAY

This property is $182.2K more than the Median Sold Price and $258/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: #755956

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: 5/5/2024, 1:20:35 PM 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.

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,655

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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-6467135
7
/10
  • Patronis Elementary School

  • 7400 Patronis Dr

  • 1.56 miles

  • Public District Grades PK-5

Middle School

school-card-donut-6467136
5
/10
  • Surfside Middle School

  • 300 Nautilus St

  • 6.92 miles

  • Public District Grades 6-8

High School

school-card-donut-6467137
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. Typical income of Panama City, FL residents is between $35k-100k annually. The most common type of family is single, no kids. 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 Thomas Dr Unit 818

What is the listing price of this property?

The listing price of 5801 Thomas Dr Unit 818 property is $529,900.

What type of property is this?

The property 5801 Thomas Dr Unit 818 is a condo located in Panama City, Florida, 32408.

Is this property for sale now?

Active Listing: 5801 Thomas Dr Unit 818 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 818 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 Thomas Dr Unit 818 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5801 Thomas Dr Unit 818 is 1,144 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5801 Thomas Dr Unit 818 is 1975.

Rocket HomesFloridaBay CountyPanama City324085801 Thomas Dr Unit 818

This home is located at 5801 Thomas Dr Unit 818 in Panama City, 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 April 20, 2024 and is currently priced at $529,900.

In April 2024 more than 30 listings in Panama City, FL were sold above the asking price. During the same period more than 51 listings were sold at asking price, while more than 130 were 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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