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$380,000
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Property Description
Skip the elevators and step straight into beach life with this 3rd floor end-unit at Regency Towers in Panama City Beach. Located on the desirable west side of the building next to the stairs, this 1-bedroom, 2-bath condo features a corner balcony with a sweeping coastline, plus direct Gulf, pool, and beach views. The additional west-facing living room window fills the space with natural light and showcases stunning sunset vistas. The condo has been updated with luxury vinyl plank flooring throughout, new bathroom vanities with granite countertops, shiplap accent wall, and a convenient stackable washer and dryer. The primary bedroom offers Gulf views and private balcony access through sliding glass doors. For over 40 years, Regency Towers has been a very popular beachfront destination, offering gated access with 24-hour security, two beachfront pools (seasonally heated), kids pool, indoor hot tub, fitness center, game room, owner's lounge, picnic and grill area, boardwalk beach access, large green space, and poolside dining at Bikini Bob's. Ideally located in the South Lagoon area near St. Andrews State Park, Cobra Adventure Park, and local favorites like Schooners and Fin's Island Style Grub, with the exciting new Hadley's Beach luxury development next door. This condo has primarily been enjoyed by friends and family rather than used as a short-term rental, offering a well-cared-for coastal retreat.
Full Property Details
Full Property Details for 5801 Thomas Dr #305
General
- Price: $380,000
- HOA FEE: $999/month
- HOA FEE FREQ.: Quarterly
- Taxes: $3,101 (2025)
- Status: Active
- Type: Condo
- Source: Bay_County
- MLS ID: 793228
- Updated: 7/28/2026
- Added to Site: 12 day(s) ago
Interior
- Number of Rooms: 6
- Interior Features: Main Level Primary, Tub Shower
- Appliances: Electric Oven, Electric Range, Electric Water Heater
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 1
Additional Information
- Shared Amenities: Beach Rights
- Pool: Yes
- Pool Description: Community
- Security/Safety: 24 Hour Security, Security Guard, Security Service
Exterior
- Porch/Patio/Deck: Balcony
Parking
- Parking Features: No Garage, Paved, Parking Lot
Location
- County: Bay
- Subdivision: Regency Towers
- Driving Directions: South on Joan Ave. Turn Left onto Thomas Drive, Eastbound 2.2 miles and Regency Towers is located on the Right.
School Information
- Elementary School: Breakfast Point
- Middle School: Breakfast Point
- High School: Arnold
Community
- Community Name: 03 - Bay County - Beach
- Association: Yes
- Assoc. Fees Include: Cable TV, Insurance, Internet, Legal/Accounting, Maintenance Grounds, Recreation Facilities, Sewer, Security, Trash, Water
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Utility Description: Cable Connected, High Speed Internet Available
Structural Information
- Architectural Style: High Rise
- Construction: Stucco
- Roof: Flat
- Elevator: Yes
- Sq. Ft. Source: Appraiser
- Year Built: 1982
- Other Struct. Feat.: Dumpster
Lot Features
- Property View: Bay, Gulf
- Lot Dimensions: tbd
- Zoning: Resort
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Gulf, Shoreline - Sand
- Water Front View: Gulf, Shoreline - Sand
Financial Considerations
- Association Fee: $2,997
- Assoc Fee Freq.: Quarterly
- Tax Amount: $3,101.47
- Tax Year: 2025
Disclosures and Reports
- Legal Description: REGENCY TOWERS CONDO UNIT #305 PLAN A ORB 516 P 267 ORB 3729 P 1293 1BR 2B 916 SQ FT . BALCONY 104 SQ FT
- Property ID: 32382-198-000
Listed by Compass Florida, LLC
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Price & Sales History for 5801 Thomas Dr #305
Date
Details
Price
Change
Source
7/28/2026
Listed
$380,000
134.57%
MLS
8/31/2015
Sold
$162,000
—
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 #305
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,016
—
$192,273
-42%
2024
$3,016
2%
$330,650
—
2023
$2,968
58%
$330,650
91%
2021
$1,884
-22%
$173,400
-36%
2022
$2,407
28%
$270,938
94%
2021
$1,884
33%
$139,532
25%
2019
$1,415
-16%
$111,626
-15%
2018
$1,684
6%
$131,325
7%
2017
$1,593
-12%
$123,250
-10%
2016
$1,803
6%
$137,350
9%
2015
$1,700
2%
$125,800
2%
2014
$1,667
13%
$123,420
—
2013
$1,481
—
$123,420
—
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 #305
5801 Thomas Drive #305, Panama City Beach, FL 32408 (MLS# 793228) is a Condo property with 1 bedroom and 2 full bathrooms. 5801 Thomas Drive #305 is currently listed for $380,000 and was received on July 28, 2026. Want to learn more about 5801 Thomas Drive #305? 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.

