5801 S Thomas Drive Unit 701, Panama City, FL 32408

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List Price
$475,000
MLS#
796119
Status
ACTIVE
Type
Condo
Subtype
Condominium
Bedrooms
3
Bathrooms
2
Neighborhood
Beach - South of Grand Lagoon

Property Description

Ready to make a move before the end of the year? The seller is offering a $10,000 credit with an acceptable offer that closes by December 31, 2026! Put it toward closing costs, prepaid expenses, a rate buy-down, or other allowable costs for added flexibility when purchasing this property. Welcome to Regency Towers and the largest three-bedroom, two-bath floor plan at the best price! This spacious Gulf-front residence offers an open layout with plenty of room throughout the kitchen, living area, dining area, and entry. Enjoy the added convenience of a larger laundry room, an oversized balcony, and an extra storage closet. The spacious primary bedroom overlooks the Gulf and offers direct access to the oversized balcony, where you can enjoy breathtaking western views and beautiful sunsets. 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 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. Currently enrolled in the onsite rental program, this property offers the opportunity for rental income, with future bookings already on the calendar. Regency Towers amenities include a community pool, BBQ grills, tiki bar, onsite rental office, and community room. Conveniently located near shopping, restaurants, entertainment, and everything Panama City Beach has to offer, this spacious Gulf-front condo is an excellent opportunity for a personal beach retreat, investment property, or both!

Additional Information

Appliances
Electric Cooktop, Electric Range
Elementary School
Patronis
High School
Arnold
Interior Features
Balcony, Main Level Primary, Tub Shower
Middle School
Surfside
Neighborhood
Beach - South of Grand Lagoon
Project Facilities
Barbecue, Conference/Meeting Room, Elevator, Fitness Center, Pool, Waterfront, Community Pool, Gated, Short Term Rental Allowed
Subdivision
Regency Towers
Utilities
Cable Connected, Electricity Available, High Speed Internet Available
Waterfront
Yes
Waterview
Gulf, Water
Year Built
1982
Zoning
Resid Multi-Family, Resort

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Listing courtesy of Realty One Group Emerald Coast.