6 months on rocket

5801 Thomas Dr Unit 824, Panama City Beach, FL, 32408

$599,999

Home List Price

$7,125*

Closing Credit

3 Bedrooms
2 Full Baths
1,352 SqFt
$444/SqFt
Condo
Schools Nearby

Location

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5801 Thomas Dr Unit 824, Panama City$599,999

Buyer Closing Credits

$7,125*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingGated, Paved, Parking Lot
Year Built1975
HeatingElectric
CoolingCeiling Fan(s), Electric
WaterfrontGulf, Waterfront
ViewGulf
MLS #747029
StatusActive

About 5801 Thomas Dr Unit 824

Renovated, Gulf-front Unit! Perfectly positioned for sweeping Gulf Views and direct access to the beach. Find this beautifully renovated, fully-furnished, three bedroom unit along the eight floor of the highly sought after waterfront complex of Regency Towers.Upon entrance to unit 824 you're greeted by new LVP flooring, tall baseboard, smooth ceilings, updated lighting package, and freshly painted interiors.The foyer seamlessly leads you to the open concept, main living space and directs you to the beautifully reimagined kitchen. Here you'll find upgraded granite counter tops, brand new cabinetry with soft close drawers, on-trend backsplash, a new GE appliance package, and expansive kitchen island with breakfast bar seating.You can easily visualize your friends and family enjoying breakfast at the island before a perfect day at the beach. Sharing a meal around the table at dinner, or even watching the sunset dance across the Gulf from the covered balcony.The primary suite is perfectly situated so you'll wake up to the entrancing views of the Gulf and have convenient access to a private ensuite highlighted by the glass door walk in shower, updated vanity with granite counter tops, and all new hardware/fixtures.The remaining two generously sized guest bedrooms lie on the north side of the unit and share access to the hall bathroom located just off the kitchen. Which features a new tub/shower combo with tiled surround, updated hardware/fixtures, and new vanity with granite counter tops.Unit 824 also comes equipped with newly installed HVAC and smart thermostat.Regency Towers is a gated complex in Panama City Beach offering a fantastic waterfront experience with amenities including multiple Gulf front pools, a full service pool-side tiki bar, outdoor dog walking area for owners, grilling spaces, exercise facility, to name a few! In addition, find the complex situated within convenient access to St. Andrews State Park, go-kart tracks, mini golfing, local eateries, and more!If you're looking for a turn-key primary, secondary or investment opportunity look no further than this Gulf front retreat at 824.

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, Washer/Dryer Stacked, Dishwasher, Electric Cooktop, Electric Oven, Disposal, Microwave, Refrigerator
  • Flooring Type: Plank, Vinyl
  • Interior: Kitchen Island, New Paint, Remodeled, Smart Thermostat

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

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

Parking Information:

  • Parking: Gated, Paved, Parking Lot

Lot Features

Lot Information:

  • Lot: Waterfront

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: $599,999
  • Price Per SqFt: $444/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.

Med. Sold Price

$347.6K

Med. Price/SqFt

$204

Avg. Days On Market

61

# of Sold Homes

211

5801 Thomas Dr Unit 824 vs Panama City

204 DAYS ON ROCKET

+143 Days

$599,999

+$252.3K More

$444/SqFt

+$239 More

KEY TAKEAWAY

This property is $252.3K more than the Median Sold Price and $239/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: #747029

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: 5/3/2024, 8:20:36 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

Aug 31, 2004Home Sold
$400,000
Aug 16, 2004Home Sold
$300,000
Nov 21, 2003Home Sold
$241,000

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

$4,061

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,865

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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-5563446
7
/10
  • Patronis Elementary School

  • 7400 Patronis Dr

  • 1.56 miles

  • Public District Grades PK-5

Middle School

school-card-donut-5563447
5
/10
  • Surfside Middle School

  • 300 Nautilus St

  • 6.92 miles

  • Public District Grades 6-8

High School

school-card-donut-5563448
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. Residents of Panama City, FL typically earn between $35k-100k each year. Residents typically live in single, no kids family. Most 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 824

What is the listing price of this property?

The listing price of 5801 Thomas Dr Unit 824 property is $599,999.

What type of property is this?

The property 5801 Thomas Dr Unit 824 is a condo located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Active Listing: 5801 Thomas Dr Unit 824 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 824 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 August 31, 2004 for $400,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5801 Thomas Dr Unit 824 has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5801 Thomas Dr Unit 824 is 1,352 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5801 Thomas Dr Unit 824 is 1975.

Rocket HomesFloridaBay CountyPanama City324085801 Thomas Dr Unit 824

This home is located at 5801 Thomas Dr Unit 824 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 12, 2023 and is currently priced at $599,999.

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. In April 2024 in Panama City, FL there were 4.7% more homes for sale than in March 2024. The median list price of listings available in April 2024 was $347,653, while the average time on the real estate market was 61 days.

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

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