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$539,000
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Property Description
Welcome to Regency Towers on the highly desirable east end of Thomas Drive - where Gulf-front living meets panoramic coastal beauty. This spacious 3-bedroom, 2- full bath residence comfortably accommodates up to 8-10 guests and offers breathtaking gulf views from your private balcony. What truly sets this unit apart is the stunning side view perspective - allowing you to take in miles of sugar-white sand and emerald waters stretching endlessly down the coastline. From sunrise coffee to sunset cocktails, the sweeping side views create a dramatic, postcard-worthy backdrop you simply won't want to leave. Inside, you'll find a beautifully updated, open-concept layout featuring a renovated kitchen with granite countertops, white cabinetry, subway tile backsplash, and an oversized breakfast bar perfect for entertaining. The dining and living areas flow seamlessly, enhanced by mirrored walls that reflect natural light and maximize the gulf views. Updated flooring throughout adds a clean, coastal feel. The gulf-front primary suite offers direct balcony access and incredible water views right from your bed. Additional bedrooms are spacious and thoughtfully designed for guests and family. Major upgrades include completely repainted interior, AC condenser replaced (2022), new stove (2022), furniture upgrades (2023), new patio doors and windows (2024) and a new AC evaporator (2025). Regency Towers offers one of the most impressive amenity packages in the area, including: two saltwater pools, waterslide, poolside bar/snack area, Indoor hot tub, game room with billiards, Seasonal community events, outdoor movies & poolside entertainment. Located just minutes from St. Andrews State Park, you'll have some of the area's best outdoor recreation, boating, fishing, and nature trails right at your fingertips. Whether you're looking for a primary residence, second home, or high-performing rental investment, this Gulf-front condo delivers space, upgrades, amenities, and - most importantly - an unforgettable side coastline view that captures the true beauty of Panama City Beach. Schedule your private showing today!
Full Property Details
Full Property Details for 5801 Thomas Dr #1204
General
- Price: $539,000
- Taxes: $4,129 (2025)
- Status: Active
- Type: Condo
- Source: Bay_County
- MLS ID: 785136
- Updated: 3/11/2026
- Added to Site: 50 day(s) ago
Interior
- Number of Rooms: 3
- Appliances: Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater
- Flooring: Luxury Vinyl Plank
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Additional Information
- Shared Amenities: Gazebo, Barbecue, Picnic Area, Spa/Hot Tub
- Pool: Yes
- Pool Description: Electric Heat, In Ground, Community
- Spa Description: Community
- Security/Safety: Fire Sprinkler System, Gated Community, 24 Hour Security, Security Guard, Security Lights, Security Service, Fire Alarm, Security Gate, Smoke Detector(s)
Parking
- Parking Features: Gated, Paved, Parking Lot
Location
- County: Bay
- Subdivision: Regency Towers
- Driving Directions: On Thomas Dr east - from St Andrews State Park - head west on Thomas Dr about .8 miles, then turn left into Regency Towers.
School Information
- Elementary School: Patronis
- Middle School: Surfside
- High School: Arnold
Community
- Community Name: 03 - Bay County - Beach
- Association: Yes
Heating & Cooling
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Utility Description: Cable Connected, Electricity Available
Structural Information
- Architectural Style: High Rise
- Sq. Ft. Source: Appraiser
- Year Built: 1982
Lot Features
- Property View: Gulf
- Lot Dimensions: 0 x 0
- Lot Features: Paved
- Zoning: Resid Multi-Family
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Gulf, Shoreline - Sand
- Water Front View: Gulf, Shoreline - Sand
Financial Considerations
- Tax Amount: $4,129
- Tax Year: 2025
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: REGENCY TOWERS CONDO UNIT 1204 PLAN G ORB 516 P 267 2BR 2B 1248 SQ FT ORB 4674 P 617 BALCONY 104 SQ FT
- Property ID: 32382-313-000
Listed by Paradise Properties of NW Florida
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Schools
Schools serving 5801 Thomas Dr #1204
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 #1204
Date
Details
Price
Change
Source
2/11/2026
Listed
$539,000
29.26%
MLS
11/19/2021
Sold
$417,000
—
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 #1204
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,462
4%
$362,950
3%
2024
$4,302
3%
$353,175
—
2023
$4,159
86%
$353,175
75%
2021
$2,233
-33%
$202,300
-28%
2022
$3,309
48%
$282,625
56%
2021
$2,233
30%
$180,625
33%
2019
$1,714
-16%
$135,830
-15%
2018
$2,040
-1%
$159,800
5%
2015
$2,052
10%
$151,938
10%
2014
$1,861
10%
$138,125
6%
2013
$1,686
—
$130,900
—
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 #1204
5801 Thomas Drive #1204, Panama City, FL 32408 (MLS# 785136) is a Condo property with 3 bedrooms and 2 full bathrooms. 5801 Thomas Drive #1204 is currently listed for $539,000 and was received on February 12, 2026. Want to learn more about 5801 Thomas Drive #1204? 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.

