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

5801 Thomas Drive 207, Panama City Beach, FL 32408

New Listing

$435,000

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,144 Status: Active

Current Price: $435,000 List Date: 7/07/2026 Last Modified: 7/07/2026

Overview

Description

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 thoughtfu … (Read more) 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.

Listing Details MLS# 792294

Contract Info

List Price/SqFt: 380.24

Location

Area: 03 – Bay County – Beach
Street #: 5801
Street Name: Thomas
Street Suffix: Drive
Unit #: 207
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: 32382-187-000
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.
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

General Property Info

Sub-Type: Condominium
Floor Number: 2
Design: High-Rise (8+ floors)
Apx SqFt(Htd/Cooled): 1144
SqFt Source: Prop App Site
Full Baths: 2
Total Baths: 2
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 Tax Year: 2025
Brokerage Interest: Owner Outside Licensee – Owner is a licensed real estate broker or salesperson.
As Is: Yes
Condo Doc: Yes

Remarks & Misc

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.

Appliances

Dishwasher: Yes
Dryer: Yes
Microwave: Yes
Oven – Electric: Yes
Range – Electric: Yes
Refrigerator: Yes
Washer: Yes

More Information

Interior Features

Floor – Tile: Yes

Construction/Siding

Foundation – On Piling: Yes
Roof – Flat: Yes
Siding – Stucco: Yes

Exterior

Balcony: Yes

Waterfront Feature

Shore – Beach: Yes

Association Fees Include

Accounting: Yes
BBQ Pit/Grill: Yes
Community Room: Yes
Dumpster: Yes
Exercise Room: Yes
Gated Community: Yes
Insurance: Yes
Internet-WiFi: Yes
Management: Yes
Pavilion/Gazebo: Yes
Pest Control: Yes
Picnic Area: Yes
Pool: Yes
Security: Yes
TV Cable: Yes
Water: Yes

Financing

Cash: Yes
Conventional: Yes

Furnished

Furnished: Yes

Kitchen

First: Yes

Living Room

First: Yes

Lot Features

Near Beach Access: Yes
Waterfront: Yes

Lot Access

Comm/Own/Maint: Yes
Paved Road: Yes

Parking Features

Parking Lot: Yes
Paved: Yes

Present Zoning

Resid Single Family: Yes

Association Amenities

Beach: Yes
Community Room: Yes
Dumpster: Yes
Elevators: Yes
Exercise Room: Yes
Gated Community: Yes
Pool: Yes
Security-24 hour: Yes
Waterfront: Yes
Whirlpool: Yes

Rooms

Bedroom: Yes
Kitchen: Yes
Living Room: Yes
Primary Bedroom: Yes

Utilities

TV Cable: Yes
Electricity – Connected: 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

Ceiling Fan(s): Yes
Central Air: Yes

Heating

Central: Yes
Electric: Yes

Primary Bath/Primary Bdrm

MBath Shower/Tub Combo: Yes

Security Features

24 Hour Security: Yes
Fire Sprinkler System: Yes
Gated Community: Yes
Security Gate: Yes
Security Guard: Yes

Property Features

Appliances: Dishwasher; Dryer; Microwave; Oven – Electric; Range – Electric; Refrigerator; Washer Primary Bedroom: First Bedroom: First Cooling: Ceiling Fan(s); Central Air Heating: Central; Electric Exterior: Balcony Association Fees Include: Accounting; BBQ Pit/Grill; TV Cable; Community Room; Dumpster; Exercise Room; Gated Community; Insurance; Internet-WiFi; Management; Pavilion/Gazebo; Pest Control; Picnic Area; Pool; Security; Water Financing: Cash; Conventional Furnished: Furnished Kitchen: First Living Room: First Lot Features: Near Beach Access; Waterfront Lot Access: Comm/Own/Maint; Paved Road Security Features: 24 Hour Security; Fire Sprinkler System; Gated Community; Security Gate; Security Guard Parking Features: Parking Lot; Paved Association Amenities: Beach; Community Room; Dumpster; Elevators; Exercise Room; Gated Community; Pool; Security-24 hour; Whirlpool; Waterfront Rooms: Bedroom; Kitchen; Living Room; Primary Bedroom Sale Type: As Is Utilities: TV Cable; Electricity – Connected; Internet – Broadband Available; Public Sewer – Connected; Public Water – Connected Waterfront Type: Gulf Waterfront Feature: Shore – Beach Waterview: Gulf Present Zoning: Resid Single Family

Room Information

Room Name	Level	Dimensions	Length	Width
Primary Bedroom	First	13 x 12	13.00	12.00
Bedroom	First	12 x 11	12.00	11.00
Kitchen	First	15 x 8	15.00	8.00
Living Room	First	13 x 14	13.00	14.00

Listing Office: EXP Realty LLC

Last Updated: July – 07 – 2026

Information deemed reliable but not guaranteed.