5801 Thomas Drive 207, Panama City Beach, FL 32408 (MLS# 792294)

List Price/SqFt: 380.24

Status: Active

List Date: 2026-07-07

List Price: $435,000

Current Price: $435,000

Unit #: 207

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: S on Joan Ave, L on Thomas Dr, 2+ miles to Regency Towers on the right.

Area: 03 - Bay County - Beach

Street #: 5801

Street Name: Thomas

Street Suffix: Drive

State: FL

Zip Code: 32408

County: Bay

Subdivision: Regency Towers

Parcel ID: 32382-187-000

Legal Description: REGENCY TOWERS CONDO UNIT #207 PLAN B ORB 516 P 267 2BR 2B 1144 SQ FT ORB 4537 P 1998 BALCONY 104 SQ FT

Floor Number: 2

Design: High-Rise (8+ floors)

Apx SqFt(Htd/Cooled): 1144

Construction Status: Construction Complete

SqFt Source: Prop App Site

Lot Dimensions: 0x0

New Construction: No

Garage Y/N: No

Pool: Yes

Pool Type: Community

Sub-Type: Condominium

Bedrooms: 2

Full Baths: 2

Total Baths: 2

Year Built: 1982

HOA Fee: Yes

HOA Amount: 2546.3

HOA Frequency: Quarterly

HOA Annual Amount: 10185.2

New Buyer Fee: No

Last Tax Year: 2025

Brokerage Interest: Owner Outside Licensee - Owner is a licensed real estate broker or salesperson.

As Is: Yes

Condo Doc: Yes

Remarks: Welcome to your next Gulf-front investment opportunity at Regency Towers. This fully furnished 2-bedroom, 2-bath beachfront condo offers 1,144 square feet, comfortably sleeps 8, and is turnkey for short-term rentals from day one. Located on the highly desirable second floor, this unit offers one of the building's most convenient locations. Guests enjoy easy access to the beach and resort-style pool without long elevator waits--a feature that enhances the vacation experience and keeps visitors coming back. The spacious Gulf-front balcony overlooks the pool and the emerald waters beyond, where Polywood Adirondack chairs invite guests to relax with morning coffee or end the day listening to the waves. Inside, the spacious open floor plan is designed for family vacations, with generous living and dining spaces, a fully equipped kitchen, and oversized bedrooms that comfortably accommodate larger groups. Plantation-style closet doors, fresh bedding, updated accent pieces, and thoughtful touches throughout create a warm, welcoming atmosphere. In a market filled with look-alike coastal interiors, this condo embraces the timeless charm of a traditional beach vacation. Its nostalgic coastal style evokes the classic Panama City Beach getaways that generations of families remember and continue to seek out. Comfortable, inviting, and rental-ready today, it also gives the next owner the flexibility to modernize over time as part of a thoughtful value-add investment strategy. For investors, the timing couldn't be better. Continue generating rental income immediately, then complete cosmetic updates during the slower season to position the property for stronger guest appeal, higher nightly rates, and increased return on investment. Whether you're expanding your portfolio or searching for a beachfront retreat that helps offset ownership costs through short-term rentals, this Regency Towers condo offers the ideal combination of location, convenience, immediate income potential, and future upside.

Dishwasher: 1

Dryer: 1

Microwave: 1

Oven - Electric: 1

Range - Electric: 1

Refrigerator: 1

Washer: 1

Floor - Tile: 1

Foundation - On Piling: 1

Roof - Flat: 1

Siding - Stucco: 1

Balcony: 1

Shore - Beach: 1

Accounting: 1

BBQ Pit/Grill: 1

Community Room: 1

Dumpster: 1

Exercise Room: 1

Gated Community: 1

Insurance: 1

Internet-WiFi: 1

Management: 1

Pavilion/Gazebo: 1

Pest Control: 1

Picnic Area: 1

Pool: 1

Security: 1

TV Cable: 1

Water: 1

Cash: 1

Conventional: 1

Furnished: 1

First: 1

First: 1

Near Beach Access: 1

Waterfront: 1

Comm/Own/Maint: 1

Paved Road: 1

Parking Lot: 1

Paved: 1

Resid Single Family: 1

Beach: 1

Community Room: 1

Dumpster: 1

Elevators: 1

Exercise Room: 1

Gated Community: 1

Pool: 1

Security-24 hour: 1

Waterfront: 1

Whirlpool: 1

Bedroom: 1

Kitchen: 1

Living Room: 1

Primary Bedroom: 1

TV Cable: 1

Electricity - Connected: 1

Internet - Broadband Available: 1

Public Sewer - Connected: 1

Public Water - Connected: 1

Gulf: 1

As Is: 1

Gulf: 1

First: 1

First: 1

Ceiling Fan(s): 1

Central Air: 1

Central: 1

Electric: 1

MBath Shower/Tub Combo: 1

24 Hour Security: 1

Fire Sprinkler System: 1

Gated Community: 1

Security Gate: 1

Security Guard: 1