$599,000

5801 Thomas Dr Unit 601 Panama City Beach, FL 32408

$7,113
Closing credit¹
3 beds
2 full
1,560 sqft
$384 / sqft
Condo

Property details

About 5801 Thomas Dr Unit 601

WELCOME TO PARADISE! This RENTAL MACHINE is almost fully booked for the summer already, and the existing reservations can be transferred to you--making it the perfect investment opportunity! Located on the 6th floor, the views from this stunning condo are nothing short of spectacular. Step out onto the gulf-facing balcony to enjoy breathtaking sunsets every evening.With 1,560 square feet of space, this condo boasts an open, airy floorplan that's perfect for relaxation and entertaining. The master suite features a private deck entrance, allowing you to enjoy even more of the serene coastal atmosphere. Recent updates include new shiplap, dining and patio furniture, a new washer & dryer, new stove, and stylish decor throughout, ensuring this home is both beautiful and functional.Enjoy all the amenities this gated community has to offer, including private beach access, 24-hour security services, and ample parking. Relax in one of the two large beachfront pools (one heated), unwind in the indoor hot tub, or grab a bite at Bikini Bob's Grill & Bar by the pool. Stay active at the fitness center, play a game of billiards, or have a picnic with family and friends in the designated area.Don't miss your chance to own a slice of paradise and take advantage of the lucrative rental potential!*Measurements are approximate & should be verified.*

Highlights

Home typeCondominium
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Ceiling Fan(s), Electric
Size1,560 sqft
Year built1982
ParkingAdditional Parking, Electric Gate, Parking Lot
MLS #768082
WaterfrontGulf, Sandy Shoreline, Waterfront
ViewGulf

Summary

  • Full Bathrooms: 2
  • Appliances: Dryer, Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Disposal, Refrigerator, Washer
  • Interior: Breakfast Bar, Kitchen Island
  • Total Bedroom Count: 3
  • Parking: Additional Parking, Electric Gate, Parking Lot
  • Waterfront: Gulf, Sandy Shoreline, Waterfront
  • View: Gulf
  • Exterior: Balcony, Patio
  • Architectural Style: Mid Rise
  • Heating: Central, Electric
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • List Price: $599,000
  • Price/SqFt: $383
  • HOA Amount: $2993 Quarterly
  • Annual Tax Amount: $5,619
  • Tax Year: 2023
  • Lot: Waterfront
  • Directions: From the Hathaway Bridge turn left onto Thomas Dr. Stay right at the curve in Thomas Dr. and Regency Towers will be on the Gulf side of Thomas Dr.
  • Year Built: 1982
  • Living Area: 1,560 SqFt
  • MLS Number: 768082
  • MLS Name: BCAR
  • Office Name: Berkshire Hathaway HomeServices Beach Properties of Florida

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: 6/26/2025, 12:55:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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5801 Thomas Dr Unit 601, Panama City Beach, FL 32408 - living room with tile patterned flooring and a textured ceiling

$599,000

5801 Thomas Dr Unit 601

$7,113

closing credit¹

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Price information

Property sales

DateEventPrice
Apr 21, 2023
Home Sold
$535,000
Jun 13, 2022
Home Sold
$570,000
Mar 02, 2022
Home Sold
$459,000
Apr 14, 2004
Home Sold
$315,000
Aug 04, 2003
Home Sold
$240,900
Jun 06, 2001
Home Sold
$230,000
Feb 15, 2001
Home Sold
$207,000

Tax history

YearAssessmentProperty Tax
2023$446,250$5,619
2022$294,950$3,000
2021$223,975$3,000

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. Typical level of education for residents in this area is high school diploma.

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 601

The listing price of 5801 Thomas Dr Unit 601 property is $599,000.

The property 5801 Thomas Dr Unit 601 is a condo located in Panama City Beach, Florida, 32408.

Active Listing: 5801 Thomas Dr Unit 601 is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 5801 Thomas Dr Unit 601 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 $5,619 (source: MLS/based on county public records data).

The last sale was on April 21, 2023 for $535,000 (source: MLS/tax record).

The property at 5801 Thomas Dr Unit 601 has 3 bedrooms and 2 bathrooms.

The property 5801 Thomas Dr Unit 601 is 1,560 SqFt (source: MLS/tax record).

The year of construction for 5801 Thomas Dr Unit 601 is 1982.

This home is located at 5801 Thomas Dr Unit 601 in Panama City Beach, 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 April 18, 2025 and is currently priced at $599,000.

In May 2025 more than 32 listings in Panama City Beach, FL were sold above the asking price. During the same period more than 65 listings were sold at asking price, while more than 141 were sold below. In May 2025 in Panama City Beach, FL there were 3.4% more homes for sale than in April. The median list price of listings available in May 2025 was $331,357, while the average time on the real estate market was 77 days.

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

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