Date
Details
Price
Change
Source
3/06/2026
Listed
$440,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$440,000
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Property Description
UNDER CONTRACT. SELLER ACCEPTING BACKUP OFFERS. Regency Towers Unit 1020 is a Gulf-front 2-bedroom, 2-bath condo located on the desirable east end of Panama City Beach, Florida. Positioned on the 10th floor with one of the best views in the complex, this beachfront residence offers panoramic Gulf of America views and direct access to the sugar-white sand beaches of the Emerald Coast. The open-concept layout features large storm resistant sliding glass doors leading to a private Gulf-front balcony, creating seamless indoor-outdoor living; showcasing stunning shoreline views and accented with nautical decor throughout. The Master suite includes balcony access and an updated en-suite bathroom with a newly tiled walk-in shower. A spacious guest bedroom and full updated bath provide comfortable accommodations for family and guests. The kitchen features stainless steel appliances, a breakfast bar, and adjacent dining space, while the living area offers comfortable seating and a queen sleeper sofa. The guest bedroom includes two full beds, allowing the condo to comfortably host 8 guests and support strong short-term rental demand. Regency Towers is a gated beachfront community offering resort-style amenities including two Gulf-front pools (one heated), hot tub, fitness center, billiards room, grilling and picnic areas, high speed elevators, ample parking, Sand Bar Grill and Bar and direct beach access with 24-hour security. Located near St. Andrews State Park, Grand Lagoon marinas, fishing charters, waterfront dining, and popular Panama City Beach attractions, this Gulf-front condo offers the ideal combination of coastal living, convenience, and rental income potential along Florida's Emerald Coast.
Full Property Details
Full Property Details for 5801 Thomas Dr #1020
General
- Price: $440,000
- Taxes: $3,868 (2025)
- Status: Under Contract
- Type: Condo
- Source: Bay_County
- MLS ID: 786398
- Updated: 4/2/2026
- Added to Site: 29 day(s) ago
Interior
- Number of Rooms: 4
- Appliances: Washer/Dryer Stacked, Electric Oven, Electric Range, Electric Water Heater
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Stacked
Additional Information
- Shared Amenities: Beach Rights, Gated, Gazebo, Barbecue, Picnic Area
- Pool: Yes
- Pool Description: Electric Heat, In Ground, Community
- Spa Description: Community
- Security/Safety: Building Security, Gated with Guard, Gated Community, 24 Hour Security, Security Guard, Security Gate, Security Service
Exterior
- Porch/Patio/Deck: Balcony
Parking
- Parking Features: Additional Parking, Gated, Paved, Parking Lot
Location
- County: Bay
- Subdivision: Regency Towers
- Driving Directions: From the Hathaway Bridge, Take FL-30 W/Front Beach Rd to Joan Ave, Turn left onto Joan Ave, Turn left onto C R 392/Thomas Dr, Drive to your destination
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), Varies by Unit
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Utility Description: Cable Connected, Electricity Available, High Speed Internet Available, Sewer Available, Underground Utilities
Structural Information
- Architectural Style: High Rise
- Elevator: Yes
- Sq. Ft. Source: Appraiser
- Year Built: 1975
Lot Features
- Property View: Gulf
- Lot Dimensions: 0 x 0
- Lot Features: Paved
- Zoning: Resort
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Gulf, Shoreline - Sand
- Water Front View: Gulf, Shoreline - Sand
Financial Considerations
- Tax Amount: $3,868
- Tax Year: 2025
Disclosures and Reports
- Legal Description: REGENCY TOWERS CONDO UNIT #1020 PLAN B ORB 516 P 267 ORB 4172 P 344 2BR 2B 1144 SQ FT . BALCONY 104 SQ FT
- Property ID: 32382-120-000
Listed by eXp Realty, LLC
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Listing agent
— 5801 Thomas Dr #1020 —
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Schools
Schools serving 5801 Thomas Dr #1020
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 ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5801 Thomas Dr #1020
Tax History
Tax History for 5801 Thomas Dr #1020
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,828
-4%
$353,215
-14%
2024
$3,999
2%
$411,825
—
2023
$3,918
61%
$411,825
97%
2021
$2,437
-17%
$209,525
-30%
2022
$2,949
21%
$297,500
72%
2021
$2,437
34%
$173,400
20%
2019
$1,820
-16%
$144,500
-15%
2018
$2,168
4%
$170,000
5%
2017
$2,086
-1%
$162,350
1%
2016
$2,113
—
$161,500
3%
2015
$2,113
—
$157,038
—
2014
$2,110
20%
$157,038
7%
2013
$1,752
—
$146,625
—
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 #1020
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- Lots/Land
- Active
- Updated 2 days ago
- 4.16Acres
Listed by New Alliance Group Realty
- Mobile Home
- Active
- Updated 17 hours ago
- 3Beds
- 2Total Baths
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5801 Thomas Drive #1020, Panama City, FL 32408 (MLS# 786398) is a Condo property with 2 bedrooms and 2 full bathrooms. 5801 Thomas Drive #1020 is currently listed for $440,000 and was received on March 06, 2026. Want to learn more about 5801 Thomas Drive #1020? 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.