5801 Thomas Dr #508, Panama City Beach, FL 32408
FOR SALE
3D VIEW

5801 Thomas Dr #508
Panama City Beach, FL 32408

Lower Grand Lagoon
  • 2 Beds
  • 2 Baths
  • 1,144 sqft

$459,000

Est. Mortgage $3,875/mo*

$459,000

Est. Mortgage $3,875/mo*
2 Beds
2 Baths
1,144 sqft

Local Information

map showing home location
© Google
-- mins to
Commute Destination

Description

Perfectly situated on the fifth floor with expansive views of the Gulf, this turnkey retreat invites you to wake up to the rhythm of the waves and unwind each evening with sunsets from your private balcony.Step inside and discover an open-concept layout bathed in natural light, where soft coastal hues, updated flooring, and elegant finishes create a warm and welcoming vibe. The dining and living areas flow seamlessly to a Gulf-facing balcony, perfect for morning coffee, alfresco dining, or evening cocktails with a view.The primary suite offers balcony access, breathtaking Gulf views, and a peaceful escape complete with a private ensuite. The second bedroom is equally inviting, with generous closet space and access to a full guest bathroom - making this home equally suited for personal getaways or short-term rental opportunities.Regency Towers is a gated, resort-style community offering two Gulf-front pools, a tiki bar, fitness center, billiard room, tennis courts, and direct private access to 560 feet of the sugar-white sands of Panama City Beach. You're also just minutes from local favorites like St. Andrews State Park, Schooners, Signal Hill Golf Course, and Pier Park.Whether you're looking for a low-maintenance beach escape, a reliable rental property, or a full-time residence with front-row Gulf views, Regency Towers #508 delivers exceptional coastal style, comfort, and value.Beach life is calling - are you ready to answer?

Home Highlights

Parking
Parking Lot
Outdoor
Yes
View
Gulf
HOA
$998/Monthly
Price/Sqft
$401
Listed
116 days ago

Home Details for 5801 Thomas Dr #508

Interior Features

Interior Details
Number of Rooms: 2Types of Rooms: Primary Bedroom, Bedroom
Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 1144 Square Feet
Appliances & Utilities
Utilities: Cable Connected, Trash CollectionAppliances: Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Disposal, Microwave, RefrigeratorDishwasherDisposalMicrowaveRefrigerator
Heating & Cooling
Heating: Central,ElectricHas CoolingAir Conditioning: Central Air,Ceiling Fan(s),ElectricHas HeatingHeating Fuel: Central
Fireplace & Spa
Spa: Community, Hot TubHas a Spa
Levels, Entrance, & Accessibility
Number of Stories: 14
View
Has a ViewView: Gulf
Security
Security: Gated with Guard, 24 Hour Security, Security Service

Exterior Features

Exterior Home Features
Patio / Porch: BalconyExterior: Balcony
Parking & Garage
No GarageNo Attached GarageParking: Parking Lot
Pool
Pool: Electric Heat, In Ground, Pool, Community
Frontage
WaterfrontWaterfront: Gulf, Shoreline - SandOn Waterfront

Days on Market

Days on Market: 116

Property Information

Year Built
Year Built: 1982
Property Type / Style
Property Type: ResidentialProperty Subtype: CondominiumArchitecture: High Rise
Building
Attached To Another Structure
Property Information
Parcel Number: 32382227000

Price & Status

Price
List Price: $459,000Price Per Sqft: $401
Status Change & Dates
Off Market Date: Tue Apr 21 2026

Active Status

MLS Status: Active

Location

Direction & Address
City: Panama City BeachCommunity: Regency Towers
School Information
Elementary School: PatronisJr High / Middle School: SurfsideHigh School: Arnold

Agent Information

Listing Agent
Listing ID: 772786

Building

Community rooms
Fitness Center

Community

Community Features: Barbecue, Beach, Clubhouse, Elevator, Fitness Center, Game Room, Gated, Other, Park, See Remarks, Short Term Rental Allowed, Waterfront, PoolUnits in Building: 340

HOA

HOA Fee Includes: Clubhouse, Cable TV, Insurance, Internet, Maintenance Grounds, Maintenance Structure, Pest Control, Pool(s), Sewer, Security, Tennis Courts, Trash, WaterAssociation for this Listing: Central Panhandle Association of REALTORSHas an HOAHOA Fee: $2,994/Quarterly

Listing Info

Special Conditions: Listed As-Is

Offer

Listing Terms: Cash, Conventional

Rental Terms, Policies & Fees

Furnished

Miscellaneous

Mls Number: 772786Living Area Range Units: Square FeetWater ViewWater View: GulfAbove Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetUniversal Property Id: US-12005-N-32382227000-R-N

Additional Information

HOA Amenities: Beach Rights,Game Room,Gated
Last check for updates: about 10 hours ago
Listing courtesy of Matt Anich, (850) 851-5330
Counts Real Estate Group Inc
Originating MLS: Central Panhandle Association of REALTORS
Source: CPAR, MLS#772786
Also Listed on ECAOR.

Price History for 5801 Thomas Dr #508

DatePriceEventSource
05/01/2025$459,000Listed For SaleECAOR #975249
10/25/2019$252,000Sold
CPAR #687721
08/27/2019$260,000Listed For SaleAgent Provided
10/29/2009$199,900ListingRemovedAgent Provided
10/03/2009$199,900Listed For SaleAgent Provided
08/21/2007$280,000Sold
N/A

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Property Taxes and Assessment

Year2024
Tax$4,109
Assessment$411,825
Home facts updated by county records

Comparable Sales for 5801 Thomas Dr #508

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.03
Condo
$394,444
11/22/24
2
2
1,144
0.03
Condo
$405,000
08/05/25
2
2
1,144
0.03
Condo
$420,000
05/01/25
2
2
1,144
0.06
Condo
$395,000
04/23/25
2
2
1,144
0.04
Condo
$430,000
04/04/25
2
2
1,144
0.04
Condo
$430,000
07/01/25
2
2
1,144
0.06
Condo
$435,000
03/28/25
2
2
1,144
0.07
Condo
$430,000
07/01/25
2
2
1,144
0.05
Condo
$435,000
02/03/25
2
2
1,248

Neighborhood Overview

See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Lower Grand Lagoon

At least 52 Trulia users voted on each feature.
  • 90%
    It's dog friendly
  • 87%
    Car is needed
  • 77%
    Parking is easy
  • 75%
    It's walkable to restaurants
  • 74%
    Yards are well-kept
  • 73%
    People would walk alone at night
  • 71%
    There's holiday spirit
  • 67%
    It's quiet
  • 60%
    Kids play outside
  • 59%
    They plan to stay for at least 5 years
  • 51%
    Neighbors are friendly
  • 47%
    Streets are well-lit
  • 46%
    There are sidewalks
  • 38%
    It's walkable to grocery stores
  • 32%
    There's wildlife
  • 25%
    There are community events
Learn more about our methodology.
  • Trulia User
    "Average. 15-20 minutes to mall on days without traffic. On days with heavy traffic it can take up to any hour to get to the mall"
  • Trulia User
    "We’ve lived here for over 23 years and love the area. Easy access to the beach, shopping and schools. Walking distance to the beach or public parking within half mile. "
  • Trulia User
    "Embarcadero is a long-standing quaint community of long term residents in the process of voting out Short term rentals to continue the community of quite neighbors. Be sure to inquire about notice given as to this process in the works. "
  • Trulia User
    "people with dogs are very friendly and the dogs are friendly ... less traffic back on south lagoon plus speed bumps make it a great place to walk "
  • Trulia User
    "I’ve lived in this neighborhood since 2017 and love it. I feel safe and like all my neighbors. It’s also close to beach access and popular areas so that is a plus. "
  • Trulia User
    "they walk all around everywhere is dog friendly more then they kid/adult friendly lol.... they are clean owners and most places have doggy pick up bags "
  • Douglas W. B.
    "Amazing spot to live in. Close to beach, shopping and you have a sense of community in this location."
  • Georgedanieljr
    "Great location easy drive to anywhere, located on the east end of the beach, more families and quite. "
  • Izzy I.
    "fireworks .. friendly neighborhood.. short walk to gulf . short walk to restaurants.. shirt drive to Publix Winn Dixie Walmart and other shopping"
  • Jill S.
    "Not a good place to walk dogs owners do not like animals on their property as your dog walks and uses bathroom even when u pick up after them."
  • Derrick A.
    "people are always walking dogs and very pet friendly would love to live here 100 times over !!!!!!!!!!!!!"
  • Jill S.
    "We get together 4th July on the beach and shoot fireworks. It’s such a special moment because everyone is on the beach enjoying each other’s fireworks. We can also see the city’s fireworks at pier park from where we live."
  • Trudelln
    "It’s by the beach! No HOAs and great neighbors..........................................................."
  • Steven H.
    "Panama city beach is really fun and has plenty of warm and friendly people. This neighborhood is especially amicable. "
  • Izzy I.
    "lots of friendly neighbors with dogs .... nice places to walk your dogs.... lots of squirrels for dogs to admire . haha "
  • Aaron C.
    "quiet neighborhood, close to beach. not a great yard as it's mostly sand and has sand spurs. usually not much traffic in the area "
  • Amber M.
    "Beautiful homes, friendly neighborhood. Easy access to food and entertainment on our beautiful beaches. "
  • Milesandbella
    "Although I work in town, I love living at the beach!! It is well worth the 25 minute commute. My neighbors are friendly and watch out for me. There are however some in my neighborhood that have very messy unkept yards which I do not like. That is probably the only negative thing that I can say. I have met good people and enjoy everyday I am here!"
  • Mike Hurcon
    "Wasn’t hit that bad by the hurricane, but the area has gotten much more dense with out of town workers that most likely do not have the best criminal history. Be mindful until residences in town become livable and the population is dispersed. "
  • Brett L.
    "Neighborhood is nice. Neighbors are friendly. Area is peaceful and there is easy public access to the beach close by. "
  • Eddie
    "Commute to Panama City can be tedious, especially going over bridge as it can back up for miles. Count on traffic during the work days and over the summer"
  • Azpcgal05
    "Living on the beach is great but you will have to watch small children more closely as they will be drawn to the sounds of the waves. On the plus side, they will truly sleep like a baby listening to the waves at night."
  • Garyrkaye
    "Wonderful place to live with one exception: "Dog friendly" with horrible dog "guardians" who will smile at you as their dog leaves presents on your driveway, near your mailbox, or right in the middle of your yard while carrying a plastic bag they never use. Some residents actually have signs in their yard to be "responsible" & pick up after your pet and they will cross the street and do otherwise on their neighbor's yard. Confrontation is pointless with such self centered people; they become militant; you can't fix stupid."
  • Rebecca P.
    "This area seems to have friendly people here, people that I can feel safe around. This neighborhood is pretty friendly and I wish I could buy in this neighborhood in the future. "
  • Wes R.
    "Grew up here. Great for riding bikes, close to beach, great for dog walking too. Easy access to boat launches"

LGBTQ Local Legal Protections

Matt Anich, Counts Real Estate Group Inc
Agent Phone: (850) 851-5330
IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
5801 Thomas Dr #508, Panama City Beach, FL 32408 is a 2 bedroom, 2 bathroom, 1,144 sqft condo built in 1982. 5801 Thomas Dr #508 is located in Lower Grand Lagoon, Panama City Beach. This property is currently available for sale and was listed by CPAR on May 1, 2025. The MLS # for this home is MLS# 772786.