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$454,900
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Property Description
GULF-WATERFRONT Welcome to an exceptional Gulf-front residence at Regency Towers, ideally located on the quiet east end of Panama City Beach. Situated on the 6th floor, this beautifully fully renovated 2-bedroom, 2-bath condominium offers stunning, unobstructed views of the emerald waters and sugar-white sands-an ideal setting for both relaxation and everyday coastal living. This residence stands out as a rare find, having been thoughtfully and completely upgraded throughout. The condo features a fully updated kitchen and bathrooms, new patio doors, and brand-new patio furniture, creating a seamless blend of comfort, style, and functionality. Every detail has been carefully selected, making this home truly move-in or rental ready with no updates needed. Regency Towers is well known for its welcoming, family-friendly atmosphere and impressive array of amenities. Enjoy a kiddie pool, a large heated pool, an additional spacious resort-style pool, a hot tub, expansive sun decks with abundant lounging space, and a fully equipped fitness center. Adding to the convenience, the property also offers an on-site restaurant, allowing you to enjoy beachfront dining just steps from your door. With direct beach access and a peaceful setting away from the busier areas of the beach, this condo offers the perfect balance of serenity and resort-style living. Whether you are seeking a primary residence, a second home, or a high-quality investment property, this fully upgraded Gulf-front condo is truly an exceptional opportunity in today's market.
Full Property Details
Full Property Details for 5801 Thomas Dr #616
General
- Price: $454,900
- Taxes: $5,101 (2024)
- Status: Active
- Type: Condo
- Source: Bay_County
- MLS ID: 782680
- Updated: 1/8/2026
- Added to Site: 33 day(s) ago
Interior
- Number of Rooms: 2
- Appliances: Electric Cooktop, Electric Oven, Electric Range
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Additional Information
- Shared Amenities: Beach Rights, Barbecue, Picnic Area, Spa/Hot Tub
- Pool: Yes
- Pool Description: Electric Heat, In Ground, Community
- Spa Description: Community
- Security/Safety: Carbon Monoxide Detector(s), Fire Sprinkler System, Gated with Guard, 24 Hour Security, Fire Alarm, Security Service
Exterior
- Porch/Patio/Deck: Balcony
Parking
- Parking Features: Additional Parking
Location
- County: Bay
- Subdivision: Regency Towers
- Driving Directions: Going west on Hwy 98, you will take a left at Navy Blvd. untill you get to Thomas drive you will make a right. Regency towers will be a quarter mile down the road on your left.
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)
- Heating Type: Central
Utilities
- Sewer: Public Sewer
Structural Information
- Architectural Style: High Rise
- Elevator: Yes
- Stories/Levels: 14
- Sq. Ft. Source: Appraiser
- Year Built: 1975
- Other Struct. Feat.: Dumpster
Lot Features
- Property View: Gulf
- Lot Dimensions: common grounds
- Zoning: Resid Single Family
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Shoreline - Sand
- Water Front View: Shoreline - Sand
Financial Considerations
- Tax Amount: $5,101
- Tax Year: 2024
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: REGENCY TOWERS CONDO UNIT #616 PLAN B ORB 516 P 267 2BR 2B 1144 SQ FT ORB 4715 P 1316 BALCONY 104 SQ FT
- Property ID: 32382-064-000
Listed by Counts Real Estate Group Inc
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Schools
Schools serving 5801 Thomas Dr #616
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 Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5801 Thomas Dr #616
Date
Details
Price
Change
Source
1/08/2026
Price Reduced
$454,900
-0.89%
MLS
12/15/2025
Listed
$459,000
31.14%
MLS
7/31/2023
Sold
$350,000
—
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 #616
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,101
25%
$411,825
—
2023
$4,078
33%
$411,825
38%
2022
$3,075
20%
$297,500
42%
2021
$2,553
—
$209,525
21%
2021
$2,553
40%
$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 #616
5801 Thomas Drive #616, Panama City, FL 32408 (MLS# 782680) is a Condo property with 2 bedrooms and 2 full bathrooms. 5801 Thomas Drive #616 is currently listed for $454,900 and was received on December 15, 2025. Want to learn more about 5801 Thomas Drive #616? 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.

