5801 Thomas Drive
Panama City Beach, FL 32408
- 4 beds
- 2 baths
- 2,155 sqft
- $458 per sqft
- 1982 build
- – on site
STUNNING!! SPACIOUS!! GULF FRONT!! PENTHOUSE!! If you've ever dreamed of owning a second home on the Gulf that also generates passive income, this is an incredible opportunity. A recent appraisal valued the property at $1,070,000, with rental income projections EXCEEDING $120,000. This means you can make a sound investment while enjoying INSTANT EQUITY. Welcome to Regency Towers 1404, situated on The World's Most Beautiful Beach! This impressive penthouse features FOUR spacious bedrooms PLUS an office, making it an ideal retreat for families or groups. The expansive balcony offers breathtaking, direct views of the Gulf, accessible from both the living room and the master bedroom. With the capacity to accommodate up to 15 guests, this residence is perfect for entertaining. Experience luxury with high-end finishes, including Luxury Vinyl Plank flooring, Quartz countertops, a mini bar with a wine fridge, and a stunning floor-to-ceiling electric fireplace. Regency Towers' fantastic amenities include two olympic size pools- one heated year round, full service tiki bar & grill, 10 person hot tub, kiddie pool, fitness center, billiards room, community room with kitchen for hosting events, multiple picnic areas with grills, and plenty of engaging in house activities are offered year round! Beach chair rentals, jet ski rentals, and parasailing offered right here on the beach! Located just minutes from St. Andrews state park, multiple boat launches, arcades, Go kart tracks, golf cart/scooter rental, bike rental, mini golf, amusement rides, Shipwreck Island Waterpark, favorite restaurants, clothing boutiques, jet ski/boat rental, Pier Park, and engaging Nightlife!!! All this & more at the World's Most Beautiful Beach! Penthouses like this rarely become available, so seize this unique chance to make Regency Towers 1404 your primary residence, vacation getaway, or short-term rental investment. Don't miss out on this extraordinary opportunity!
Last checked:
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Checking…
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Last updated Nov 24, 2024
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MLS# 958364 —
The Building
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Year Built:1982
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Architectural Style:N/A
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Direction Faces:None
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Foundation Details:None
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Basement:None
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Patio And Porch Features:None
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Accessibility Features:None
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Security Features:None
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Levels:None
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Building Area Total:2155.0
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Building Area Source:Appraiser
Interior
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Rooms Total:6
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Flooring:None
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Fireplace:No
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Fireplaces Total:None
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Fireplace Features:None
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Laundry Features:None
Room Dimensions
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Living Area:None
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Living Area Units:None
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Living Area Source:None
Location
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Directions:Traveling East on Hwy 98 turn right onto Moylan Rd, left onto Front Beach Rd, Right onto Joan Ave, left onto Thomas Dr, in approximately 2 miles you will arrive at Regency Towers large condominium complex on your right.
The Property
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Parcel Number:32382-339-000
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Property Type:Residential
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Property Subtype:Condominium
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Property Condition:Construction Complete
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Property Attached:None
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Lot Size Units:Acres
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Possible Use:None
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Topography:None
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Waterfront:true
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Waterfront Features:Gulf
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Water Body Name:None
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Legal Description:REGENCY TOWERS CONDO UNIT P-1404 PLAN J ORB 516 P 267 3BR 2B 1576 SQ FT ORB 4699 P 1342 BALCONY 520 SQ FT
Beds
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Bedrooms Total:4
Baths
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Total Baths:2.0
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Total Baths:2
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Full Baths:2
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Partial Baths:None
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Bathrooms Three Quarter:None
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Quarter Baths:None
The Listing
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Virtual Tour URL Branded:None
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Home Warranty:No
Heating & Cooling
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Heating:No
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Cooling:Central Air
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Cooling:true
Utilities
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Utilities:Electric
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Electric:None
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Sewer:None
Appliances
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Appliances:Dishwasher, Dryer, Washer
Schools
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Elementary School:Patronis
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Middle Or Junior School:Surfside
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High School:Arnold
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Elementary School District:None
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Middle Or Junior School District:None
The Community
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Subdivision Name:REGENCY TOWERS CONDO
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Senior Community:No
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Community Features:BBQ Pit/Grill, Beach, Community Room, Exercise Room, Game Room, Greenhouse, Pets Allowed, Picnic Area, Pool, Waterfront
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Pool Private:None
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Pool Features:Pool Type
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Spa Features:None
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Pets Allowed:None
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Association:true
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Association Amenities:None
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Association Fee:None
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Association Fee Includes:Accounting, Ground Keeping, Insurance, Internet Service, Management, Security, Sewer, Water, Cable TV, Trash
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Association Fee Frequency:Quarterly
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Association Fee 2:3996.57
Parking
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Carport:false
Monthly cost estimate
Asking price
$989,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$5,295
|
| Taxes | N/A |
| Insurance | $271 |
| Utilities | $186 See report |
| Total | $5,752/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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9/3/24
Sep 3, 2024
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Listed / Active | ECARMLS | $989,000 |
