About This Home

This 3-bedroom, 2-bathroom condo at 5801 S Thomas Drive #701 in Panama City, FL is listed for $475,000 ($304 per sqft). Built in 1982, the home offers 1,560 sqft of living space on a N/A lot.

Key Features

  • Built in 1982
  • Waterfront

Property Details

2 full
#701
1982

Amenities

WaterfrontViewA/C
Listing Description

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.

Monthly Cost Estimate

$5,086/mo

20% down · 6.5% · 30 years

Principal$344
Interest$2,058
Insurance$139
HOA$2,546

Estimates only. Actual payments may vary.

Location

5801 S Thomas Drive #701

Panama City, FL 32408

Regency Towers

Features & Amenities

Interior Features

BalconyMainLevelPrimaryTubShower

Property Details

Views

Water

Parking

Parking Lot

Heating

Electric (Heating)Central

Cooling

Central Air

Appliances

ElectricCooktopElectricRange

Questions & Answers

This 3-bedroom, 2-bathroom condo at 5801 S Thomas Drive is listed at $475,000 ($304/sqft). The estimated monthly payment is $5,087 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $2546/month.

Key features include: Built in 1982, Waterfront. Interior Features: Balcony, MainLevelPrimary, TubShower.

This property is listed by Shaunnah Whitely and can be reached at 8503811663.

SW

Shaunnah Whitely

License 3308847

Agent at Realty ONE Group Emerald Coast

(850) 381-1663
Agent website

Listed by Realty ONE Group Emerald Coast · Broker phone: (850) 830-5955 · View on Broker Site · Broker website

MLS# 796119· Source: Central Panhandle Association of REALTORS· 19 days on PropertySimple

Copyright © 2026 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

5801 S Thomas Drive #701, Panama City, FL 32408

Open this listing in: