$7,838

closing credit¹

5801 Thomas Dr Unit 501 Panama City, FL 32408

$660,000
3 beds
2 full
1,560 sqft
$423 / sqft
Condo

Property details

About 5801 Thomas Dr Unit 501

You HAVE TO SEE this stunning 3-bedroom, 2-bath Gulf view condo with over 1,500 sq. ft.! Completely renovated and turnkey, it comes furnished to easily accommodate plenty of guests. With its open layout and modernistic coastal vibes, this is one of the NICEST condos at Regency Towers! Investment property doing over $60k a year, or a beach getaway for your family, it features a fully renovated kitchen, completely renovated bathrooms, new quartz countertops, new luxury vinyl plank flooring, new durable paint, new custom tiled showers, and the addition of a fireplace that adds to its homely feel. Priced as one of the most cost efficient, updated 3-bedroom condos on the beach, this is a MUST SEE. Panama City Beach is famed for its white-sand beaches and emerald waters of the Gulf of Mexico. Regency Towers is a private, gated resort located on the family friendly East end and the resort offers two large pools (heated in winter), a hot tub, Bikini Bob's bar and grill, fitness room, boardwalk, easy beach access, and a truly welcoming feeling! All measurements are appox, and should be verified by agent/buyer.

Highlights

Home typeCondominium
HeatingCentral, Electric, Fireplace(s)
StatusActive
CoolingCentral Air, Ceiling Fan(s), Electric
Size1,560 sqft
Year built1982
ParkingParking Lot
MLS #763986
WaterfrontGulf, Sandy Shoreline, Waterfront
FireplaceElectric
ViewGulf

Summary

  • MLS Number: 763986
  • MLS Name: BCAR
  • Office Name: Coastal Heritage Real Estate LLC

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively 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. Information deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2025 Central Panhandle Association of REALTORS.© 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: 1/31/2025, 10:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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dining area featuring ceiling fan with notable chandelier, a textured ceiling, and light wood-type flooring

$660,000

5801 Thomas Dr Unit 501

$7,838

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

7

Patronis Elementary School

Public District KG-5

1.6 mi

7400 Patronis Dr

3

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. Most Panama City, FL residents have annual incomes between $35k-100k. The most common type of family is single, no kids. 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 501

This home is located at 5801 Thomas Dr Unit 501 in Panama City, FL and zip code 32408. This 1,560 square foot home was built in 1982. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 18, 2024 and is currently priced at $660,000.

Panama City, FL housing market in December 2024 saw over 11 listings sold above listed price, more than 39 sold at listed price and over 146 sold below. The number of listings in Panama City, FL decreased by 1.4% between November and December 2024. The median list price of listings available in December 2024 was $339,456, while the average time on the real estate market was 79 days.

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

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