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$550,000

  • For Sale
  • Active
  • Condo
  • 3 Beds
  • 2 Full Baths
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Beautiful Gulf Front Condo! Experience the sugar white pristine coastline of Panama City Beach in this spacious 3-bedroom, 2 full bath condo on the 12th floor with a spectacular view of the emerald green waters of the Gulf Of America. The sunsets are unparalleled! This unit is fully renovated with modern conveniences. The Regency Towers features low HOA dues, picnic and grill area, beachside bar and restaurant, 2 pools, hot tub, fitness center and so much more. This unit has new windows, A/C unit, hot water heater as well as being totally renovated. 2025 brought $60,197 in rental income. Owner can transfer well established AIRBNB profile to new owner. Ready to Rent!

Full Property Details for 5801 Thomas Dr #1203

General

  • Price: $550,000
  • Taxes: $5,354 (2024)
  • Status: Active
  • Type: Condo
  • Source: Bay_County
  • MLS ID: 780907
  • Updated: 12/2/2025
  • Added to Site: 82 day(s) ago

Interior

  • Number of Rooms: 5
  • Appliances: Washer/Dryer Stacked, Electric Range

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Laundry: Stacked

Additional Information

  • Shared Amenities: Beach Rights, Gazebo, Spa/Hot Tub
  • Pool: Yes
  • Pool Description: In Ground, Community
  • Spa Description: Community
  • Security/Safety: Gated with Guard, Gated Community, 24 Hour Security, Security Service

Exterior

  • Porch/Patio/Deck: Balcony

Parking

  • Parking Features: Additional Parking

Location

  • County: Bay
  • Subdivision: Regency Towers
  • Driving Directions: GPS friendly!

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
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Utility Description: Cable Connected

Structural Information

  • Architectural Style: High Rise
  • Stories/Levels: 12
  • Sq. Ft. Source: Plans
  • Year Built: 1982
  • Other Struct. Feat.: Dumpster

Lot Features

  • Property View: Gulf
  • Lot Dimensions: 612

Water Features

  • Water Front: Yes
  • Water View: Yes

Financial Considerations

  • Tax Amount: $5,354
  • Tax Year: 2024

Disclosures and Reports

  • Special Conditions: Listed As-Is
  • Legal Description: REGENCY TOWERS CONDO UNIT 1203 PLAN F ORB 516 P 267 3BR 2B 1352 SQ FT ORB 4709 P 1210 BALCONY 104 SQ FT
  • Property ID: 32382-312-000

Listed by Ledford Realty Group, LLC

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Listing agent

— 5801 Thomas Dr #1203 —

  • Ledford Realty Group, LLC

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 Thomas Dr #1203

School District:Bay County School District
NameGradesDistance
Patronis Elementary School
7400 Patronis Dr, Panama City Beach, FL 32408
K-51.6 mi
Surfside Middle School
300 Nautilus Street, Panama City Beach, FL 32413
6-86.9 mi
J.R. Arnold High School
550 North Alf Coleman Road, Panama City Beach, FL 32407
9-125.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5801 Thomas Dr #1203 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/27/2025
Listed
$550,000
2.8%
MLS
6/30/2023
Sold
$535,000
—
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 Thomas Dr #1203

Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,354
-2%
$432,438
—
2023
$5,447
553%
$432,438
38%
2022
$834
24%
$314,500
55%
2021
$671
—
$202,300
-3%
2021
$671
-25%
$207,718
55%
2019
$892
1%
$134,405
2%
2018
$881
-56%
$131,899
-14%
2017
$1,982
-6%
$154,128
-7%
2016
$2,098
3%
$166,296
19%
2015
$2,038
18%
$140,250
10%
2014
$1,721
-7%
$127,500
-18%
2013
$1,856
—
$155,465
—
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 Thomas Dr #1203

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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

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Listed by Ledford Realty Group, LLC

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5801 Thomas Drive #1203, Panama City, FL 32408 (MLS# 780907) is a Condo property with 3 bedrooms and 2 full bathrooms. 5801 Thomas Drive #1203 is currently listed for $550,000 and was received on October 28, 2025. Want to learn more about 5801 Thomas Drive #1203? 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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