5801 S Thomas Drive, 1103, Panama City, FL 32408
$439,000
Property Type:
Residential
Bedrooms:
2
Baths:
2
Square Footage:
1,352
Status:
Active
Current Price:
$439,000
List Date:
5/05/2024
Last Modified:
5/16/2024
Description
Discover expansive coastal views from the moment you enter this beautifully remodeled condo at Regency Towers. Originally designed as a three-bedroom unit, it has been expertly converted into the largest two-bedroom, two-bathroom configuration in the building to maximize the stunning vistas of Panama City Beach's west end coastline.
The unit is offered fully furnished, featuring ceramic wood-like tiles throughout, newly installed windows and sliding glass doors, solid core doors, and updated major appliances including an HVAC system from 2019 and a recently replaced stove. A front-loading stackable washer and dryer set is conveniently located in the hallway, with the dryer properly vented out.
This short-term rental has exclusively been listed on the Regency Towers COA Website, generating $35k in NET rental income in 2023. Beach chair privileges are included until November 1st, 2024.
Regency Towers has been a beloved destination in Panama City Beach for over 40 years. Situated in the South Lagoon area, it is less than five minutes from St. Andrews State Park and close to local attractions such as Cobra Arcade and Go-Karts, as well as popular eateries like Captain Jack's, Schooners, and Patches Pub. This gated complex boasts extensive amenities, including a children's pool, indoor hot tub, owner's lounge, fitness room, game room, outdoor picnic area with grills, boardwalk, two beachfront pools (both seasonally heated), poolside Bikini Bob's Grill & Bar, and a spacious grassy area. The property offers ample parking and 24-hour security services. All information is deemed reliable but should be verified by the buyer if important. Please note, pets are not allowed.
More Information MLS# 756670
Contract Info
Status: Active
List Date: 2024-05-05
List Price: $439,000
List Price/SqFt: 324.7
Current Price: $439,000
Location
Area: 03 - Bay County - Beach
Street #: 5801
Street Direction: S
Street Name: Thomas
Street Suffix: Drive
Unit #: 1103
State: FL
Zip Code: 32408
County: Bay
Sub Area: 0323 - Beach - South of Grand Lagoon
Subdivision: Regency Towers
Community/Resort: None
Waterfront: Yes
Parcel ID: 32382-299-000
Elementary School: Patronis
Middle School: Surfside
High School: Arnold
Directions: South on Joan Av, turn left into Thomas Drive, Eastbound 2.2 miles Regency Towers will be on your right .
Legal Description: REGENCY TOWERS CONDO UNIT 1103 PLAN F ORB 516 P 267 2BR 2B (ORIG 3BR 2B)352 SQ FT ORB 4203 P 170 BALCONY 104 SQ FT
General Property Info
Sub-Type: Condominium
Design: High-Rise (8+ floors)
Apx SqFt(Htd/Cooled): 1352
SqFt Source: Prop App Site
Balcony SqFt: 107
Bedrooms: 2
Full Baths: 2
Total Baths: 2
Floor Number: 11
Year Built: 1982
Construction Status: Construction Complete
Garage Y/N: No
Lot Dimensions: CONDO
Listing Info, Tax and Legal
Homestead: No
HOA Fee: Yes
HOA Amount: 2997.58
HOA Frequency: Quarterly
HOA Annual Amount: 11990.32
New Buyer Fee: No
Last Taxes: 4433
Last Tax Year: 2023
Brokerage Interest: No Interest
Condo Doc: Yes
Remarks & Misc
Remarks: Discover expansive coastal views from the moment you enter this beautifully remodeled condo at Regency Towers. Originally designed as a three-bedroom unit, it has been expertly converted into the largest two-bedroom, two-bathroom configuration in the building to maximize the stunning vistas of Panama City Beach's west end coastline.
The unit is offered fully furnished, featuring ceramic wood-like tiles throughout, newly installed windows and sliding glass doors, solid core doors, and updated major appliances including an HVAC system from 2019 and a recently replaced stove. A front-loading stackable washer and dryer set is conveniently located in the hallway, with the dryer properly vented out.
This short-term rental has exclusively been listed on the Regency Towers COA Website, generating $35k in NET rental income in 2023. Beach chair privileges are included until November 1st, 2024.
Regency Towers has been a beloved destination in Panama City Beach for over 40 years. Situated in the South Lagoon area, it is less than five minutes from St. Andrews State Park and close to local attractions such as Cobra Arcade and Go-Karts, as well as popular eateries like Captain Jack's, Schooners, and Patches Pub. This gated complex boasts extensive amenities, including a children's pool, indoor hot tub, owner's lounge, fitness room, game room, outdoor picnic area with grills, boardwalk, two beachfront pools (both seasonally heated), poolside Bikini Bob's Grill & Bar, and a spacious grassy area. The property offers ample parking and 24-hour security services. All information is deemed reliable but should be verified by the buyer if important. Please note, pets are not allowed.
Property Features
Appliances: Dishwasher; Microwave; Oven - Electric; Refrigerator; Washer/Dryer Stacked; Water Heater - Electric
Full Bathroom: First
Bedroom: First
Cooling: Central Air; Electric
Heating: Central; Electric
Exterior: Balcony; Double Pane Windows
Fees Include: Accounting; BBQ Pit/Grill; Beach; Community Room; Fitness Center; Game Room; Gated Community; Insurance; Internet-WiFi; Maintenance Grounds; Management; Picnic Area; Pool; Sauna/Steam Room; Sewer; Tennis Court(s); Trash Disposal; Water
Financing: Cash; Conventional
Furnished: Furnished
Interior Features: Breakfast Bar; Owner's Closet; Floor Tile; Window Treatment All
Kitchen: First
Living Room: First
Balcony: First
Dining Room: First
Family Room: First
Pool Features: Heated - Electric; Inground
Security Features: 24 Hour Security; Security Fence; Security Gate; Security Guard
Parking Features: Gated; Parking Lot; RV
Project Facilities: BBQ Pit/Grill; Elevators; Fitness Center; Gated Community; Meeting Room; Pool; Security-Gate; Short Term Rental Allowed; Whirlpool; Waterfront
Rooms: Balcony; Bedroom; Dining Room; Family Room; Full Bathroom; Kitchen; Living Room
Showing: ShowingTime
Special List Prov: Condo Association
Utilities: TV Cable; Electricity Connected; Garbage; Internet - Broadband Available
Waterfront Type: Gulf
Waterview: Gulf
Present Zoning: Resid Multi-Family
Room Information
Kitchen
Level: First
Dimensions: 7.11 x 15.7
Length: 7.11
Width: 15.70
Dimensions: 7.11 x 15.7
Living Room
Level: First
Dimensions: 12.3 x 14.7
Length: 12.30
Width: 14.70
Dimensions: 12.3 x 14.7
Family Room
Level: First
Dimensions: 11.11 x 7.7
Length: 11.11
Width: 7.70
Dimensions: 11.11 x 7.7
Dining Room
Level: First
Dimensions: 11.1 x 16.8
Length: 11.10
Width: 16.80
Dimensions: 11.1 x 16.8
Balcony
Level: First
Dimensions: 11.1 x 7.5
Length: 11.10
Width: 7.50
Dimensions: 11.1 x 7.5
Full Bathroom
Level: First
Dimensions: 8.4 x 7.1
Length: 8.40
Width: 7.10
Dimensions: 8.4 x 7.1
Full Bathroom
Level: First
Dimensions: 8.4 x 9.7
Length: 8.40
Width: 9.70
Dimensions: 8.4 x 9.7
Bedroom
Level: First
Dimensions: 11.11 x 11.11
Length: 11.11
Width: 11.11
Dimensions: 11.11 x 11.11
Bedroom
Level: First
Dimensions: 8.1 x 11.11
Length: 8.10
Width: 11.11
Dimensions: 8.1 x 11.11
Listing Office: Coldwell Banker Realty
Last Updated: May - 16 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Information deemed reliable but not guaranteed.