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$619,950 Just Listed
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Property Description
Rare Front-Stack Gulf-Front Opportunity at Regency Towers! Experience breathtaking, unobstructed Gulf views from this highly sought-after front-stack 3-bedroom, 2-bath residence in Regency Towers. Rarely available, this spacious beachfront condo has been extensively updated with over $61,000 in renovations, creating a truly move-in-ready retreat that's ideal as a primary residence, second home, or income-producing short-term rental. The beautifully remodeled kitchen features custom cabinetry, quartz countertops, tile backsplash, updated tile flooring, new appliances, sink, faucet, lighting, and garbage disposal, offering both style and functionality. Throughout the home, you'll find new flooring, fresh interior paint, updated trim and doors, renovated bathrooms, a new front entry door, and updated lighting. Major improvements include all new windows and sliding glass doors, a new 40-gallon water heater (2026), along with numerous plumbing and electrical upgrades, providing peace of mind for years to come. Enjoy generous living spaces that flow seamlessly onto your private Gulf-front balcony, where you'll take in spectacular sunsets, panoramic emerald waters, and the soothing sounds of the Gulf. Regency Towers offers exceptional resort-style amenities, including 2 beachfront pools, the popular Sandbar, fitness facilities, pickleball, family movie nights and direct beach access--all just minutes from Panama City Beach's premier dining, shopping, and entertainment. Rarely do front-stack 3-bedroom residences with this level of updating become available. This is an exceptional opportunity to own one of Regency Towers' most desirable floor plans with all the major improvements already completed. As an added bonus, two beach chair service memberships are included through the end of the 2026 beach season, allowing you to begin enjoying the beach from day one. Previously a successful short-term rental through 2024, the condo has since been lovingly maintained as the owners' private vacation retreat. It is now being offered fully furnished and truly turnkey, including furnishings, linens, towels, kitchen essentials, and décor--everything needed to immediately begin enjoying the property or resume short-term rental operations.
Full Property Details
Full Property Details for 5801 Thomas Dr #1021
General
- Price: $619,950
- Taxes: $4,666 (2025)
- Status: Active
- Type: Condo
- Source: Bay_County
- MLS ID: 792707
- Updated: 7/16/2026
- Added to Site: 2 day(s) ago
Interior
- Number of Rooms: 3
- Interior Features: Balcony, Shower Only
- Appliances: Washer/Dryer Stacked, Electric Cooktop, Electric Water Heater, Ice Maker
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Stacked
Additional Information
- Shared Amenities: Other, See Remarks, Gated, Barbecue, Spa/Hot Tub
- Pool: Yes
- Pool Description: Electric Heat, In Ground, Community
- Spa Description: Community
- Security/Safety: Building Security, Security Gate, Gated with Guard, Gated Community, 24 Hour Security, Security Guard, Fire Alarm, Smoke Detector(s), Security Service
Exterior
- Porch/Patio/Deck: Balcony
Parking
- Parking Features: Gated, Parking Lot
Location
- County: Bay
- Subdivision: Regency Towers
- Driving Directions: From the Hathaway Bridge heading west, turn left onto Thomas Drive and continue approximately 5.2 miles. Regency Towers is located on the left at 5801 Thomas Drive, just after the Dollar General Store.
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, Ceiling Fan(s)
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Utility Description: Cable Connected
Structural Information
- Architectural Style: High Rise
- Construction: Block, Concrete
- Roof: Flat
- Elevator: Yes
- Stories/Levels: 14
- Sq. Ft. Source: Appraiser
- Year Built: 1975
Lot Features
- Property View: Gulf, Water
- Lot Dimensions: 0 x 0
- Frontage: City Street
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Gulf, Shoreline - Sand
- Water Front View: Gulf, Shoreline - Sand
Financial Considerations
- Tax Amount: $4,666.32
- Tax Year: 2025
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: REGENCY TOWERS CONDO UNIT #1021 PLAN C ORB 516 P 267 3BR 2B 1372 SQ FT ORB 4801 P 2071 BALCONY 104 SQ FT
- Property ID: 32382-121-000
Listed by SimpliHOM
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Price & Sales History for 5801 Thomas Dr #1021
Date
Details
Price
Change
Source
7/16/2026
Listed
$619,950
24847.69%
MLS
8/24/2020
Sold
$2,485
—
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 #1021
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,722
-14%
$423,611
-13%
2024
$5,514
3%
$484,500
—
2023
$5,350
41%
$484,500
55%
2021
$3,786
-19%
$312,375
-33%
2022
$4,696
24%
$467,500
127%
2021
$3,786
67%
$205,912
14%
2019
$2,265
-16%
$180,625
-15%
2018
$2,700
-1%
$212,500
-1%
2017
$2,739
-6%
$214,200
-8%
2016
$2,915
3%
$231,868
18%
2015
$2,829
18%
$196,350
10%
2014
$2,393
23%
$178,500
9%
2013
$1,944
—
$163,079
—
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 #1021
5801 Thomas Drive #1021, Panama City Beach, FL 32408 (MLS# 792707) is a Condo property with 3 bedrooms and 2 full bathrooms. 5801 Thomas Drive #1021 is currently listed for $619,950 and was received on July 16, 2026. Want to learn more about 5801 Thomas Drive #1021? 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.

