5801 S Thomas Drive 701, Panama City, FL 32408 (MLS# 796119)

Floor Number: 7

Design: High-Rise (8+ floors)

Apx SqFt(Htd/Cooled): 1560

Construction Status: Construction Complete

SqFt Source: Prop App Site

Accessory Dwelling Unit: No

Lot Dimensions: 0x0

New Construction: No

Garage Y/N: No

Pool: Yes

Pool Type: Community

Sub-Type: Condominium

Bedrooms: 3

Full Baths: 2

Total Baths: 2

Year Built: 1982

List Price/SqFt: 304.49

Status: Active

List Date: 2026-10-01

List Price: $475,000

Current Price: $475,000

Unit #: 701

Sub Area: 0323 - Beach - South of Grand Lagoon

Community/Resort: None

Waterfront: Yes

Gulf Access: Yes

Elementary School: Patronis

Middle School: Surfside

High School: Arnold

Directions: Head east on Thomas Drive, Regency Towers is on the right.

Area: 03 - Bay County - Beach

Street #: 5801

Street Direction: S

Street Name: Thomas

Street Suffix: Drive

State: FL

Zip Code: 32408

County: Bay

Subdivision: Regency Towers

Parcel ID: 32382-245-000

Legal Description: REGENCY TOWERS CONDO UNIT #701 PLAN D ORB 4640 P 383 3BR 2B 1560 SQ FT . BALCONY 104 SQ FT

HOA Fee: Yes

HOA Amount: 2546.3

HOA Frequency: Quarterly

HOA Annual Amount: 10185.2

New Buyer Fee: No

Last Taxes: 5268.83

Last Tax Year: 2025

Brokerage Interest: No Interest

As Is: Yes

Condo Doc: Yes

Remarks: Ready to make a move before the end of the year? The seller is offering a $10,000 credit with an acceptable offer! Offer must close by December 31, 2026. That's $10,000 toward your closing costs, prepaid expenses, rate buy-down, or other allowable costs, giving you even more flexibility when purchasing this property. Welcome to the largest 3-bedroom, 2-bath floor plan in Regency Towers! This spacious Gulf-front residence offers an open floor plan with plenty of room in the kitchen, living area, dining area, and entry. The large primary bedroom overlooks the Gulf and offers direct access to the oversized balcony, while both guest bedrooms are generously sized, with one furnished with a king bed and the other featuring two queen beds. The kitchen is equipped with stainless steel appliances that are less than two years old, and the washer and dryer are less than one year old. The air handler was replaced in 2019, and the water heater was replaced in 2017. Step outside to the oversized balcony and enjoy breathtaking western views of the Gulf, including beautiful sunsets. Currently enrolled in the onsite rental program, this property offers immediate rental income with future bookings already on the calendar. Regency Towers features a community pool, BBQ grills, tiki bar, onsite rental office, and community room. Conveniently located near shopping, restaurants, entertainment, and all that Panama City Beach has to offer. Professional photography coming soon.

Heated - Electric: 1

Inground: 1

Cooktop - Electric: 1

Dishwasher: 1

Dryer: 1

Range - Electric: 1

Refrigerator: 1

Washer: 1

Breakfast Bar: 1

Floor - Tile: 1

Lock Out Closet: 1

Window - Treatment All: 1

Balcony: 1

Shore - Beach: 1

Accounting: 1

BBQ Pit/Grill: 1

Beach: 1

Community Room: 1

Exercise Room: 1

Game Room: 1

Gated Community: 1

Ground Keeping: 1

Insurance: 1

Management: 1

Picnic Area: 1

Pool: 1

Sauna/Steam Room: 1

Sewer: 1

Tennis: 1

Trash Disposal: 1

Water: 1

Cash: 1

Conventional: 1

Furnished: 1

Parking Lot: 1

Resid Multi-Family: 1

Resort: 1

BBQ Pit/Grill: 1

Conference Center: 1

Elevators: 1

Exercise Room: 1

Gated Community: 1

Pool: 1

Security-24 hour: 1

Waterfront: 1

Whirlpool: 1

Bedroom: 1

Primary Bedroom: 1

TV Cable: 1

Electricity - Connected: 1

Garbage: 1

Internet - Broadband Available: 1

Public Sewer - Connected: 1

Public Water - Connected: 1

Gulf: 1

As Is: 1

Gulf: 1

First: 1

First: 1

Central Air: 1

Electric: 1

Central: 1

Electric: 1

MBed Balcony: 1

MBed Waterfront: 1

MBath Shower/Tub Combo: 1

24 Hour Security: 1

Gated Community: 1

Security Gate: 1

Security Guard: 1