$625,000

5801 Thomas Dr Unit 1003 Panama City Beach, FL 32408

$7,422
Closing credit¹
3 beds
2 full
1,352 sqft
$462 / sqft
Condo

Property details

About 5801 Thomas Dr Unit 1003

RECENT APPRAISAL REPORT from Aug 29 2024 OVER the current LISTED PRICE in docs. This 3-bed, 2-bath unit is beautifully furnished and decorated. You and your guests will love the balcony view of the Gulf, with balcony access from both the living room and master bedroom. The updates are top-notch: soft close cabinets and drawers, quartz countertops, brand new backsplash, tile flooring, quality beach themed furnishings, and a remodeled master bath with a new vanity and tile shower. Its fully furnished and ready to be your new beach home or rental unit!

Highlights

Home typeCondominium
HeatingCentral
StatusActive
CoolingCentral Air
Size1,352 sqft
Year built1982
MLS #959909
WaterfrontGulf
ViewGulf

Summary

  • Full Bathrooms: 2
  • Flooring Type: Tile
  • Interior: Owners Closet, Washer/Dryer Hookups
  • Total Bedroom Count: 3
  • Private Pool: No
  • Waterfront: Gulf
  • View: Gulf
  • Exterior: Balcony
  • Architectural Style: N/A
  • Heating: Central
  • Cooling: Central Air
  • List Price: $625,000
  • Price/SqFt: $462
  • HOA Amount: $999
  • HOA Frequency: Quarterly
  • Annual Tax Amount: $5,446
  • Tax Year: 2023
  • Directions: Take Thomas Drive all the way down the beach until you get to Regency Towers.
  • Year Built: 1982
  • Living Area: 1,352 SqFt
  • MLS Number: 959909
  • MLS Name: Emerald Coast Association of REALTORS®
  • Office Name: EXP Realty LLC
  • Office Email: fl.admin@exprealty.net
  • Listing Agent: Jeffrey A Brown

IDX Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2025. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/10/2025, 12:50:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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living room featuring a textured ceiling and light tile patterned floors

$625,000

5801 Thomas Dr Unit 1003

$7,422

closing credit¹

Sell your home with Rocket and save even more!

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0.5% sale price²

Price information

Property sales

DateEventPrice
Dec 28, 2022
Home Sold
$532,500
Dec 28, 2011
Home Sold
$159,000

Tax history

YearAssessmentProperty Tax
2023$432,438$5,446
2022$314,500$2,901
2021$202,300$2,901
2020$174,373$2,360
2018$169,541$2,303
2017$154,128$1,982

History based on county public records data.

Nearby schools

7

Patronis Elementary School

Public District KG-5

1.6 mi

7400 Patronis Dr

5

Lucille Moore Elementary School

Public District PK-5

4.1 mi

1900 Michigan Ave

1

St. Andrew School at Oakland Terrace

Public District PK-5

4.5 mi

2010 W 12th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $42,841. Typical income of Panama City Beach, FL residents is between $35k-100k annually. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

How much money do the neighbors make?

40%
<35k
52%
35k-100k
5%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

57%
Single, No Kids
7%
Single, with Kids
22%
Married, No Kids
14%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

10%
<11 yrs old
6%
12-17 yrs old
27%
18-34 yrs old
47%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

  • SoccerSoccer
  • Pro BoxingPro Boxing
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • Forever 21Forever 21
  • BurlingtonBurlington
  • Nordstrom RackNordstrom Rack

Where do the neighbors go to eat?

  • Dominos PizzaDominos Pizza
  • PopeyesPopeyes
  • ChipotleChipotle

What do the neighbors drive?

  • MazdaMazda
  • DodgeDodge
  • OldsmobileOldsmobile

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban ContemporaryUrban Contemporary
  • RockRock
All data provided by Home Junction and Claritas

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Frequently asked questions

About 5801 Thomas Dr Unit 1003

The listing price of 5801 Thomas Dr Unit 1003 property is $625,000.

The property 5801 Thomas Dr Unit 1003 is a condo located in Panama City Beach, Florida, 32408.

Active Listing: 5801 Thomas Dr Unit 1003 is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 5801 Thomas Dr Unit 1003 are: Patronis Elementary School (GreatSchools Rating 7/10), Lucille Moore Elementary School (GreatSchools Rating 5/10), St. Andrew School at Oakland Terrace (GreatSchools Rating 1/10), Breakfast Point Academy (GreatSchools Rating 6/10), Jinks Middle School (GreatSchools Rating 2/10), University Academy Sabl Inc (GreatSchools Rating 10/10), Rising Leaders Academy (GreatSchools Rating 5/10), J.R. Arnold High School (GreatSchools Rating 5/10), Central High School (GreatSchools Rating 2/10).

According to the records, the last property tax for 2023 is $5,446 (source: MLS/based on county public records data).

The last sale was on December 28, 2022 for $532,500 (source: MLS/tax record).

The property at 5801 Thomas Dr Unit 1003 has 3 bedrooms and 2 bathrooms.

The property 5801 Thomas Dr Unit 1003 is 1,352 SqFt (source: MLS/tax record).

The year of construction for 5801 Thomas Dr Unit 1003 is 1982.

This home is located at 5801 Thomas Dr Unit 1003 in Panama City Beach, FL and zip code 32408. This 1,352 square foot home was built in 1982. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 27, 2024 and is currently priced at $625,000.

While more than 20 listings in Panama City Beach, FL in April 2025 were sold above asking price, there were more than 60 listings sold at asking price, and more than 127 were sold below. In April 2025 in Panama City Beach, FL there were 2.2% more homes for sale than in March. The median list price of listings available in April 2025 was $334,464, while the average time on the real estate market was 83 days.

From Rocket Homes Real Estate and based on county public records data.

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