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$475,000 Just Listed

  • For Sale
  • Active
  • Condo
  • 3 Beds
  • 2 Full Baths
  • Updated 1 day ago
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Ready to make a move before the end of the year? The seller is offering a $10,000 credit with an acceptable offer! Offer must close by December 31, 2026. That's $10,000 toward your closing costs, prepaid expenses, rate buy-down, or other allowable costs, giving you even more flexibility when purchasing this property. Welcome to the largest 3-bedroom, 2-bath floor plan in Regency Towers! This spacious Gulf-front residence offers an open floor plan with plenty of room in the kitchen, living area, dining area, and entry. The large primary bedroom overlooks the Gulf and offers direct access to the oversized balcony, while both guest bedrooms are generously sized, with one furnished with a king bed and the other featuring two queen beds. The kitchen is equipped with stainless steel appliances that are less than two years old, and the washer and dryer are less than one year old. The air handler was replaced in 2019, and the water heater was replaced in 2017. Step outside to the oversized balcony and enjoy breathtaking western views of the Gulf, including beautiful sunsets. Currently enrolled in the onsite rental program, this property offers immediate rental income with future bookings already on the calendar. Regency Towers features a community pool, BBQ grills, tiki bar, onsite rental office, and community room. Conveniently located near shopping, restaurants, entertainment, and all that Panama City Beach has to offer. Professional photography coming soon.

Full Property Details for 5801 S Thomas Dr #701

General

  • Price: $475,000
  • HOA FEE: $849/month
  • HOA FEE FREQ.: Quarterly
  • Taxes: $5,268 (2025)
  • Status: Active
  • Type: Condo
  • Source: Bay_County
  • MLS ID: 796119
  • Updated: 10/1/2026
  • Added to Site: 2 day(s) ago

Interior

  • Number of Rooms: 3
  • Interior Features: Balcony, Main Level Primary, Tub Shower
  • Appliances: Electric Cooktop, Electric Range

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3

Additional Information

  • Shared Amenities: Beach Rights, Game Room, Gated, Barbecue, Picnic Area, Sauna
  • Pool: Yes
  • Pool Description: Electric Heat, In Ground, Community
  • Spa Description: Community
  • Security/Safety: Security Gate, Gated Community, 24 Hour Security, Security Guard, Security Service

Exterior

  • Porch/Patio/Deck: Balcony

Parking

  • Parking Features: Parking Lot

Location

  • County: Bay
  • Subdivision: Regency Towers
  • Driving Directions: Head east on Thomas Drive, Regency Towers is on the right.

School Information

  • Elementary School: Patronis
  • Middle School: Surfside
  • High School: Arnold

Community

  • Community Name: 03 - Bay County - Beach
  • Association: Yes
  • Assoc. Fees Include: Association Management, Clubhouse, Fitness Facility, Insurance, Legal/Accounting, Maintenance Grounds, Pool(s), Sewer, Tennis Courts, Trash, Water

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Central, Electric

Utilities

  • Sewer: Public Sewer
  • Utility Description: Cable Connected, Electricity Available, High Speed Internet Available

Structural Information

  • Architectural Style: High Rise
  • Elevator: Yes
  • Sq. Ft. Source: Appraiser
  • Year Built: 1982

Lot Features

  • Property View: Gulf, Water
  • Lot Dimensions: 0 x 0
  • Zoning: Resid Multi-Family, 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: $2,546
  • Assoc Fee Freq.: Quarterly
  • Tax Amount: $5,268.83
  • Tax Year: 2025

Disclosures and Reports

  • Special Conditions: Listed As-Is
  • Legal Description: REGENCY TOWERS CONDO UNIT #701 PLAN D ORB 4640 P 383 3BR 2B 1560 SQ FT . BALCONY 104 SQ FT
  • Property ID: 32382-245-000

Listed by Realty One Group Emerald Coast

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Listing agents

— 5801 S Thomas Dr #701 —

  • Realty One Group Emerald Coast

  • Realty One Group Emerald Coast

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 5801 S Thomas Dr #701

School District:Bay County School District
NameGradesDistance
Breakfast Point Academy
601 N Richard Jackson Boulevard, Panama City Beach, FL 32407
K-81.6 mi
J.R. Arnold High School
550 North Alf Coleman Road, Panama City Beach, FL 32407
9-122.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5801 S Thomas Dr #701 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/01/2026
Listed
$475,000
75.93%
MLS
12/09/2019
Sold
$270,000
—
Public Record
Get Price Alerts and Save Property
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 for 5801 S Thomas Dr #701

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,578
-3%
$396,964
-13%
2024
$4,698
2%
$454,750
—
2023
$4,585
52%
$454,750
79%
2021
$3,010
-15%
$254,150
-26%
2022
$3,545
18%
$344,250
57%
2021
$3,010
54%
$219,552
41%
2019
$1,956
-16%
$155,516
-15%
2018
$2,330
4%
$182,960
5%
2017
$2,236
-12%
$174,250
-11%
2016
$2,543
1%
$195,000
4%
2015
$2,529
10%
$187,825
10%
2014
$2,291
13%
$170,750
—
2013
$2,034
—
$170,750
—
View All
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 for 5801 S Thomas Dr #701

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Realty One Group Emerald Coast

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5801 S Thomas Drive #701, Panama City, FL 32408 (MLS# 796119) is a Condo property with 3 bedrooms and 2 full bathrooms. 5801 S Thomas Drive #701 is currently listed for $475,000 and was received on October 01, 2026. Want to learn more about 5801 S Thomas Drive #701? Do you have questions about finding other Condo real estate for sale in Panama City? You can browse all Panama City real estate or contact a Coldwell Banker agent to request more information.

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