$440,000

5801 Thomas Dr Unit 520 Panama City Beach, FL 32408

$5,225
Closing credit¹
2 beds
2 full
1,144 sqft
$385 / sqft
Condo

Property details

About 5801 Thomas Dr Unit 520

Welcome to your beachfront oasis at Regency Towers, where a prime 5th-floor location offers breathtaking Gulf views and front-row seats to stunning sunsets and playful dolphins gliding through the waves. With resort-style amenities and the best-priced 2-bedroom condo in the building, this is your chance to own a piece of paradise!This 2-bedroom, 2-bathroom condo is the perfect blend of comfort, style, and investment potential. The tastefully updated ceilings in the living area create a fresh and modern ambiance, while the Gulf-front master suite offers direct balcony access--wake up and enjoy your coffee while you listen to the waves rolling in! Both bedrooms are complete with plantation shutters, adding a touch of elegance and privacy to your retreat.With sleeping space for six guests, this unit is turnkey and fully furnished, making it an ideal short-term rental investment or personal beach getaway. The open floor plan allows for seamless entertaining, and the well-appointed kitchen provides all the essentials for coastal living.Regency Towers is packed with resort-style amenities, including two pools (one seasonally heated), a fitness center, and direct beach access. Plus, you're just minutes from PCB favorites like Schooners, St. Andrews State Park, and Pier Park.

Highlights

Home typeCondominium
HeatingCentral, Electric, Fireplace(s)
StatusActive
CoolingCentral Air, Ceiling Fan(s), Electric
Size1,144 sqft
Year built1975
ParkingPaved, Parking Lot
MLS #768236
WaterfrontGulf, Sandy Shoreline
FireplaceElectric
ViewGulf

Summary

  • MLS Number: 768236
  • MLS Name: BCAR
  • Office Name: Beachy Beach Real Estate

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: 3/14/2025, 7:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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balcony featuring a water view and a beach view

$440,000

5801 Thomas Dr Unit 520

$5,225

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Aug 31, 2021
Home Sold
$359,000

Tax history

YearAssessmentProperty Tax
2023$411,825$4,595
2022$297,500$3,480
2021$209,525$3,480
2020$158,950$2,059
2018$170,000$2,167
2017$162,350$2,086

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. The most common annual income of people living in Panama City Beach, FL is between $35k-100k. Most families are single, no kids. The majority of 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 520

This home is located at 5801 Thomas Dr Unit 520 in Panama City Beach, FL and zip code 32408. This 1,144 square foot home was built in 1975. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 28, 2025 and is currently priced at $440,000.

While more than 5 listings in Panama City Beach, FL in February 2025 were sold above asking price, there were more than 36 listings sold at asking price, and more than 98 were sold below. The inventory of homes for sale in Panama City Beach, FL between January and February 2025 increased by 6.1%. Listings spent 87 days on the market in February 2025, and had a median list price of $337,016 during the same period.

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

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