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

5801 S Thomas Drive 701, Panama City, FL 32408

New Listing

$475,000

Primary Bedroom with Gulf Views and Balcony Access

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,560 Status: Active

Current Price: $475,000 List Date: 10/01/2026 Last Modified: 10/01/2026

Overview

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 … (Read more)

Listing Details MLS# 796119

Contract Info

List Price/SqFt: 304.49

Location

Area: 03 – Bay County – Beach
Street #: 5801
Street Direction: S
Street Name: Thomas
Street Suffix: Drive
Unit #: 701
State: FL
Zip Code: 32408
County: Bay
Sub Area: 0323 – Beach – South of Grand Lagoon
Subdivision: Regency Towers
Community/Resort: None
Waterfront: Yes
Gulf Access: Yes
Parcel ID: 32382-245-000
Elementary School: Patronis
Middle School: Surfside
High School: Arnold
Directions: Head east on Thomas Drive, Regency Towers is on the right.
Legal Description: REGENCY TOWERS CONDO UNIT #701 PLAN D ORB 4640 P 383 3BR 2B 1560 SQ FT . BALCONY 104 SQ FT

General Property Info

Sub-Type: Condominium
Floor Number: 7
Design: High-Rise (8+ floors)
Apx SqFt(Htd/Cooled): 1560
SqFt Source: Prop App Site
Full Baths: 2
Total Baths: 2
Accessory Dwelling Unit: No
Year Built: 1982
Construction Status: Construction Complete
New Construction: No
Garage Y/N: No
Lot Dimensions: 0x0
Pool: Yes
Pool Type: Community

Listing Info, Tax and Legal

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 & Misc

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.

Pool Features

Heated – Electric: Yes
Inground: Yes

More Information

Appliances

Cooktop – Electric: Yes
Dishwasher: Yes
Dryer: Yes
Range – Electric: Yes
Refrigerator: Yes
Washer: Yes

Interior Features

Breakfast Bar: Yes
Floor – Tile: Yes
Lock Out Closet: Yes
Window – Treatment All: Yes

Exterior

Balcony: Yes

Waterfront Feature

Shore – Beach: Yes

Association Fees Include

Accounting: Yes
BBQ Pit/Grill: Yes
Beach: Yes
Community Room: Yes
Exercise Room: Yes
Game Room: Yes
Gated Community: Yes
Ground Keeping: Yes
Insurance: Yes
Management: Yes
Picnic Area: Yes
Pool: Yes
Sauna/Steam Room: Yes
Sewer: Yes
Tennis: Yes
Trash Disposal: Yes
Water: Yes

Financing

Cash: Yes
Conventional: Yes

Furnished

Furnished: Yes

Parking Features

Parking Lot: Yes

Present Zoning

Resid Multi-Family: Yes
Resort: Yes

Association Amenities

BBQ Pit/Grill: Yes
Conference Center: Yes
Elevators: Yes
Exercise Room: Yes
Gated Community: Yes
Pool: Yes
Security-24 hour: Yes
Waterfront: Yes
Whirlpool: Yes

Rooms

Bedroom: Yes
Primary Bedroom: Yes

Utilities

TV Cable: Yes
Electricity – Connected: Yes
Garbage: Yes
Internet – Broadband Available: Yes
Public Sewer – Connected: Yes
Public Water – Connected: Yes

Waterview

Gulf: Yes

Sale Type

As Is: Yes

Waterfront Type

Gulf: Yes

Primary Bedroom

First: Yes

Bedroom

First: Yes

Cooling

Central Air: Yes
Electric: Yes

Heating

Central: Yes
Electric: Yes

Primary Bdrm/Primary Bath

MBed Balcony: Yes
MBed Waterfront: Yes

Primary Bath/Primary Bdrm

MBath Shower/Tub Combo: Yes

Security Features

24 Hour Security: Yes
Gated Community: Yes
Security Gate: Yes
Security Guard: Yes

Property Features

Appliances: Cooktop – Electric; Dishwasher; Dryer; Range – Electric; Refrigerator; Washer Primary Bedroom: First Bedroom: First Cooling: Central Air; Electric Heating: Central; Electric Exterior: Balcony Association Fees Include: Accounting; BBQ Pit/Grill; Beach; Community Room; Exercise Room; Game Room; Gated Community; Insurance; Ground Keeping; Management; Picnic Area; Pool; Sauna/Steam Room; Sewer; Tennis; Trash Disposal; Water Financing: Cash; Conventional Furnished: Furnished Pool Features: Heated – Electric; Inground Security Features: 24 Hour Security; Gated Community; Security Gate; Security Guard Parking Features: Parking Lot Association Amenities: BBQ Pit/Grill; Elevators; Exercise Room; Gated Community; Conference Center; Pool; Security-24 hour; Whirlpool; Waterfront Rooms: Bedroom; Primary Bedroom Sale Type: As Is Utilities: TV Cable; Electricity – Connected; Garbage; Internet – Broadband Available; Public Sewer – Connected; Public Water – Connected Waterfront Type: Gulf Waterfront Feature: Shore – Beach Waterview: Gulf Present Zoning: Resid Multi-Family; Resort

Room Information

Room Name	Level	Dimensions	Length	Width	Remarks
Primary Bedroom	First	14 x 12	14.00	12.00	Gulf views, king bed
Bedroom	First	13 x 13	13.00	13.00	Large bedroom with two queen beds
Bedroom	First	12 x 8	12.00	8.00	Large bedroom, king bed

Listing Office: Realty One Group Emerald Coast

Last Updated: October – 01 – 2026

Information deemed reliable but not guaranteed.