WELCOME TO PARADISE! This RENTAL MACHINE is almost fully booked for the summer already, and the existing reservations can be transferred to you--making it the perfect investment opportunity! Located on the 6th floor, the views from this stunning condo are nothing short of spectacular. Step out onto the gulf-facing balcony to enjoy breathtaking sunsets every evening.With 1,560 square feet of space, this condo boasts an open, airy floorplan that's perfect for relaxation and entertaining. The master suite features a private deck entrance, allowing you to enjoy even more of the serene coastal atmosphere. Recent updates include new shiplap, dining and patio furniture, a new washer & dryer, new stove, and stylish decor throughout, ensuring this home is both beautiful and functional.Enjoy all the amenities this gated community has to offer, including private beach access, 24-hour security services, and ample parking. Relax in one of the two large beachfront pools (one heated), unwind in the indoor hot tub, or grab a bite at Bikini Bob's Grill & Bar by the pool. Stay active at the fitness center, play a game of billiards, or have a picnic with family and friends in the designated area.Don't miss your chance to own a slice of paradise and take advantage of the lucrative rental potential!*Measurements are approximate & should be verified.*
For sale
Price cut: $30K (4/18)
$599,000
5801 Thomas Dr UNIT 601, Panama City Beach, FL 32408
3beds
1,560sqft
Est.:
Condominium
Built in 1982
-- sqft lot
$575,700 Zestimate®
$384/sqft
$998/mo HOA
What's special
Gulf-facing balconyTwo large beachfront poolsIndoor hot tubOpen airy floorplanBreathtaking sunsetsFitness center
- 112 days
- on Zillow |
- 103 |
- 2 |
Zillow last checked: 7 hours ago
Listing updated: April 17, 2025 at 05:47pm
Listed by:
Katherine A Gloer 404-732-4264,
Berkshire Hathaway HomeServices Beach Properties of Florida
Source: CPAR,MLS#: 768082
Originating MLS: Central Panhandle Association of REALTORS

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: Sixth
- Area: 168
- Dimensions: 14 x 12
Bedroom
- Level: Sixth
- Area: 168
- Dimensions: 14 x 12
Bedroom
- Level: Sixth
- Area: 108
- Dimensions: 9 x 12
Dining room
- Level: First
- Area: 108.23
- Dimensions: 7.9 x 13.7
Kitchen
- Level: First
- Area: 101.29
- Dimensions: 6.83 x 14.83
Living room
- Level: First
- Area: 288.42
- Dimensions: 21.9 x 13.17
Heating
- Central, Electric
Cooling
- Central Air, Ceiling Fan(s), Electric
Appliances
- Included: Dryer, Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Disposal, Refrigerator, Washer
Features
- Breakfast Bar, Kitchen Island
- Furnished: Yes
Interior area
- Total interior livable area: 1,560 sqft
Video & virtual tour
Property
Parking
- Parking features: Additional Parking, Electric Gate, Parking Lot
Features
- Patio & porch: Balcony, Covered, Patio
- Exterior features: Balcony, Patio
- Pool features: Gunite, In Ground, Community
- Spa features: Community
- Has view: Yes
- View description: Gulf
- Has water view: Yes
- Water view: Gulf
- Waterfront features: Gulf, Shoreline - Sand, Waterfront
Lot
- Features: Waterfront
Details
- Parcel number: 32382233000
- Special conditions: Listed As-Is
Construction
Type & style
- Home type: Condo
- Architectural style: Mid Rise
- Property subtype: Condominium
Materials
- Concrete, Stucco
- Roof: Flat
Condition
- Year built: 1982
Utilities & green energy
- Utilities for property: Trash Collection
Community & HOA
Community
- Features: Barbecue, Beach, Clubhouse, Fitness Center, Pool, Restaurant, Short Term Rental Allowed, Gated
- Security: Gated Community, 24 Hour Security, Smoke Detector(s), Security Service
- Subdivision: Regency Towers
HOA
- Has HOA: Yes
- Amenities included: Beach Rights, Gated
- Services included: Association Management, Clubhouse, Internet, Legal/Accounting, Maintenance Grounds, Pest Control, Sewer, Security, Trash, Water
- HOA fee: $2,993 quarterly
Location
- Region: Panama City Beach
Financial & listing details
- Price per square foot: $384/sqft
- Tax assessed value: $446,250
- Annual tax amount: $5,619
- Date on market: 2/1/2025
- Listing terms: Cash,Conventional
- Road surface type: Paved
- Loading
- Loading