For sale by owner but AGENTS welcome. Remarkable gulf view condo at Regency Towers! Investor's dream. Rental property has consistently produced between 60-73K per year. 2021 rental revenue booked is $71K with more to come. Owner self manages and is open to discuss and willing to manage for the new owners and even willing to offer guaranteed rental revenue with simple terms. This spectacular end unit is one of the largest floor plans in the building with over 1550 sq ft of living. This truly feels like a home away from home, or would make for an excellent rental property with 3 great sized bedrooms and 2 full bathrooms. The unit has been completely renovated from floor to ceiling, and includes the furniture & décor. Property recently got a brand new TRANE HVAC system and new hot water heater. Regency Towers offers many amenities including two resurfaced pools (one heated), hot tub, Bikini Bob's Tiki Bar, tennis courts, fitness center, game room, 24 hour security and designated owner's parking. Renovations include: luxury plank vinyl flooring, new white shaker soft closed cabinets, gray & white marble Quartz countertops, Frigidaire stainless steel appliances, resurfaced ceilings, new lighting, new bathroom vanities, walk-in tiled master shower, scrubbable matte paint, 5-inch baseboards and crown molding, new doors, Schlage keyless entry, shiplap accent walls and more. Regency Towers has undergone many recent updates, including new exterior paint and landscaping, with many improvement already budgeted for in the works! This is a must see! **Recently Renovated** This beach condo is a spacious 3/2 - The outdoor patio/deck is west facing with breathtaking sunset views from the 10th floor. property has full service amenities with Tiki hut with food and beverage services, full gym, jacuzzi, two pools (one heated) - Our 3 bedroom / 2 full bath - sleeps 10 comfortably. * Bedroom #1 - Gulf front master - King bed with private bathroom and walk out balcony access * Bedroom #2 - Two full beds * Bedroom #3 - Queen bed * Living Room - Queen Sleeper sofa
Off market
Zestimate®
$519,700
5801 Thomas Dr UNIT 1001, Panama City Beach, FL 32408
3beds
1,560sqft
Condo
Built in 1982
-- sqft lot
$519,700 Zestimate®
$333/sqft
$2,714 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Cooling
- Central
Appliances
- Included: Dishwasher, Dryer, Freezer, Garbage disposal, Microwave, Refrigerator, Washer
Features
- Flooring: Laminate
- Has fireplace: No
- Furnished: Yes
Interior area
- Total interior livable area: 1,560 sqft
Property
Parking
- Parking features: Off-street
Features
- Has spa: Yes
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
Details
- Parcel number: 32382284000
Construction
Type & style
- Home type: Condo
Materials
- Roof: Other
Condition
- Year built: 1982
Utilities & green energy
- Utilities for property: All Utilities
Community & neighborhood
Community
- Community features: Fitness Center
Location
- Region: Panama City Beach
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $547 monthly
Other
Other facts
- Utilities: All Utilities
- Existing Leases: Daily/Weekly
- Exterior: Dumpster, Balcony
- Project Facilities: Beach, Community Pools, Whirlpool
- Energy: AC - Central Elect, Heat - Central Electric
- Appliances: Disposal, Oven Self Cleaning
- Rooms: Bedroom - Additional, Bedroom - Master
- Bedroom - Master: 1st Floor
- Bedroom - Additional: 1st Floor
- SqFt Source: Prop App Site
- Interior: Renovated
- Lot Access: County Road
- Condo Doc: Yes
- Present Zoning: Resid Multi-Family
- HOA Fee: Yes
- Design: High-Rise (8+ floors)
- Waterfront: Yes
- Waterfront Type: Gulf
- Waterfront Feature: Shore - Beach
Sell with ease on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$519,700
2% more+$10,394
With Zillow Showcase(estimated)$530,094