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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 #UNIT 305
General
- Price: $380,000
- Taxes: $3,101 (2025)
- Status: Active
- Type: Condo
- Source: Emerald_Coast
- MLS ID: 997517
- Updated: 4/13/2026
- Added to Site: 40 day(s) ago
Rental Information
- Complex Features: Short Term Rental - Allowed, BBQ Pit/Grill, Beach, Community Room, Elevators, Exercise Room, Game Room, Gated Community, Pool, TV Cable, Waterfront
Interior
- Number of Rooms: 6
- Interior Features: Breakfast Bar, Owner's Closet, Washer/Dryer Hookup
- Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Stove/Oven Electric, Washer, Water Heater - Elect
- Furnishings: Furnished - All
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 1
Additional Information
- Pool: Yes
- Pool Description: Pool Type
Exterior
- Exterior Features: Balcony
Location
- Area: 27 - Bay County
- 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
- Association: Yes
- Assoc. Fees Include: Accounting, Ground Keeping, Insurance, Internet Service, Management, Master Association, Recreational Faclty, Security, Sewer, Water, Cable TV, Trash
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Ceiling Fans, Central Air
- Heating Type: Central
- Heating/Cooling: Central, Ceiling Fans, Central Air
Utilities
- Sewer: Community Sewer
- Utility Description: Community Water, TV Cable
Structural Information
- Construction: Stucco
- Exterior Const.: Stucco
- Square Feet: 916
- Sq. Ft. Source: County PA Records
- Year Built: 1982
Lot Features
- Property View: Gulf
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Type: Gulf
Financial Considerations
- Assessment Amount: $2,997
- 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
- APN: 32382-198-000
- Property ID: 32382-198-000
Listed by Compass
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Price & Sales History for 5801 Thomas Dr #UNIT 305
Date
Details
Price
Change
Source
3/10/2026
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 #UNIT 305
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,061
1%
$323,000
-2%
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 #UNIT 305
5801 Thomas Drive #UNIT 305, Panama City Beach, FL 32408 (MLS# 997517) is a Condo property with 1 bedroom and 2 full bathrooms. 5801 Thomas Drive #UNIT 305 is currently listed for $380,000 and was received on March 10, 2026. Want to learn more about 5801 Thomas Drive #UNIT 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.
