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$547,500
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Property Description
Experience beachfront living at its best in this beautifully updated, fully furnished 3-bedroom, 2-bath condo in Panama City Beach. Perched on the 10th floor, this coastal retreat offers tile flooring throughout, a modern kitchen with quartz countertops and soft-close cabinetry, and a spacious living area that opens to a private balcony with stunning panoramic Gulf views. The master suite also features balcony access and an upgraded en-suite with a tiled walk-in shower. Move-in ready and tastefully decorated with quality coastal furnishings, this unit combines comfort and style. Community amenities include two beachfront pools, a hot tub, fitness center, game room, picnic areas, and direct access to the sugar-white sands-all within a gated complex with 24-hour security. Ideally located near St. Andrews State Park, top dining spots, and local attractions. Don't miss your opportunity to own a piece of paradise on the Emerald Coast. Rental Projections of $54,202.50 - $59,582.73. this year!
Full Property Details
Full Property Details for 5801 Thomas Dr #1003
General
- Price: $547,500
- Taxes: $5,354 (2024)
- Status: Active
- Type: Condo
- Source: Bay_County
- MLS ID: 777543
- Updated: 12/30/2025
- Added to Site: 158 day(s) ago
Interior
- Number of Rooms: 5
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Additional Information
- Shared Amenities: Beach Rights, Game Room, Barbecue, Picnic Area
- Security/Safety: Gated Community, 24 Hour Security
Exterior
- Porch/Patio/Deck: Balcony
Location
- County: Bay
- Subdivision: Regency Towers
- Driving Directions: Take Thomas Drive all the way down the beach until you get to Regency Towers.
School Information
- Elementary School: Patronis
- Middle School: Surfside
- High School: Arnold
Community
- Community Name: 03 - Bay County - Beach
- Association: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
Structural Information
- Architectural Style: High Rise
- Roof: Flat
- Sq. Ft. Source: Appraiser
- Year Built: 1982
Lot Features
- Property View: Gulf
- Lot Features: Paved
- Zoning: Resid Multi-Family
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Shoreline - Sand
- Water Front View: Shoreline - Sand
Financial Considerations
- Tax Amount: $5,354
- Tax Year: 2024
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: REGENCY TOWERS CONDO UNIT #1003 PLAN F ORB 1461 P 1871 3BR 2B 1352 SQ FT ORB 4644 P 54 BALCONY 104 SQ FT
- Property ID: 32382-286-000
Listed by Innerscope Realty LLC
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Schools
Schools serving 5801 Thomas Dr #1003
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Patronis Elementary School 7400 Patronis Dr, Panama City Beach, FL 32408 | K-5 | 1.6 mi |
Surfside Middle School 300 Nautilus Street, Panama City Beach, FL 32413 | 6-8 | 6.9 mi |
J.R. Arnold High School 550 North Alf Coleman Road, Panama City Beach, FL 32407 | 9-12 | 5.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5801 Thomas Dr #1003
Date
Details
Price
Change
Source
12/30/2025
Price Increased
$547,500
0.46%
MLS
12/02/2025
Price Reduced
$545,000
-5.05%
MLS
11/05/2025
Price Reduced
$574,000
-0.16%
MLS
10/27/2025
Price Reduced
$574,900
-0.02%
MLS
10/03/2025
Price Reduced
$575,000
-4.01%
MLS
8/12/2025
Listed
$599,000
12.49%
MLS
12/28/2022
Sold
$532,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5801 Thomas Dr #1003
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,354
-2%
$432,438
—
2023
$5,447
127%
$432,438
114%
2021
$2,402
-17%
$202,300
-36%
2022
$2,902
21%
$314,500
51%
2021
$2,402
17%
$207,718
27%
2019
$2,058
-11%
$163,756
-3%
2018
$2,304
16%
$169,541
10%
2017
$1,982
-6%
$154,128
-7%
2016
$2,098
3%
$166,296
19%
2015
$2,038
18%
$140,250
10%
2014
$1,721
-3%
$127,500
-9%
2013
$1,781
—
$140,250
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5801 Thomas Dr #1003
5801 Thomas Drive #1003, Panama City Beach, FL 32408 (MLS# 777543) is a Condo property with 3 bedrooms and 2 full bathrooms. 5801 Thomas Drive #1003 is currently listed for $547,500 and was received on August 12, 2025. Want to learn more about 5801 Thomas Drive #1003? Do you have questions about finding other Condo real estate for sale in Panama City Beach? You can browse all Panama City Beach real estate or contact a Coldwell Banker agent to request more information.

