5801 Thomas Drive 1404, Panama City Beach, FL 32408
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Priced at Only: $989,000
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Address: 5801 Thomas Drive 1404, Panama City Beach, FL 32408
Property Location and Similar Properties
- MLS#: 761729 ( Residential )
- Street Address: 5801 Thomas Drive 1404
- Viewed: 30
- Price: $989,000
- Price sqft: $0
- Waterfront: Yes
- Wateraccess: Yes
- Waterfront Type: Gulf,Waterfront
- Year Built: 1982
- Bldg sqft: 0
- Bedrooms: 4
- Total Baths: 2
- Full Baths: 2
- Days On Market: 124
- Additional Information
- Geolocation: 30.1468 / -85.7618
- County: BAY
- City: Panama City Beach
- Zipcode: 32408
- Subdivision: Regency Towers
- Building: Regency Towers
- Elementary School: Patronis
- Middle School: Surfside
- High School: Arnold
- Provided by: Engel & Volkers 30A Beaches
- DMCA Notice
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DescriptionSTUNNING!! SPACIOUS!! GULF FRONT!! PENTHOUSE!!If you've ever dreamed of owning a second home on the Gulf that also generates passive income, this is an incredible opportunity. A recent appraisal valued the property at $1,070,000, with rental income projections EXCEEDING $120,000. This means you can make a sound investment while enjoying INSTANT EQUITY. Welcome to Regency Towers 1404, situated on The World's Most Beautiful Beach! This impressive penthouse features FOUR spacious bedrooms PLUS an office, making it an ideal retreat for families or groups. The expansive balcony offers breathtaking, direct views of the Gulf, accessible from both the living room and the master bedroom. With the capacity to accommodate up to 15 guests, this residence is perfect for entertaining. Experience luxury with high end finishes, including Luxury Vinyl Plank flooring, Quartz countertops, a mini bar with a wine fridge, and a stunning floor to ceiling electric fireplace. Regency Towers' fantastic amenities include two olympic size pools one heated year round, full service tiki bar & grill, 10 person hot tub, kiddie pool, fitness center, billiards room, community room with kitchen for hosting events, multiple picnic areas with grills, and plenty of engaging in house activities are offered year round! Beach chair rentals, jet ski rentals, and parasailing offered right here on the beach! Located just minutes from St. Andrews state park, multiple boat launches, arcades, Go kart tracks, golf cart/scooter rental, bike rental, mini golf, amusement rides, Shipwreck Island Waterpark, favorite restaurants, clothing boutiques, jet ski/boat rental, Pier Park, and engaging Nightlife!!! All this & more at the World's Most Beautiful Beach!Penthouses like this rarely become available, so seize this unique chance to make Regency Towers 1404 your primary residence, vacation getaway, or short term rental investment. Don't miss out on this extraordinary opportunity!
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- Property Tax $
- Home Insurance $
- HOA Fees $
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Features
Building and Construction
- Covered Spaces: 0.00
- Exterior Features: Balcony
- Living Area: 2155.00
Land Information
- Lot Features: Waterfront
School Information
- High School: Arnold
- Middle School: Surfside
- School Elementary: Patronis
Garage and Parking
- Garage Spaces: 0.00
- Open Parking Spaces: 0.00
Eco-Communities
- Pool Features: ElectricHeat, Community
Utilities
- Carport Spaces: 0.00
- Utilities: ElectricityConnected, TrashCollection
Amenities
- Association Amenities: BeachRights, GameRoom, PicnicArea
Finance and Tax Information
- Home Owners Association Fee Includes: AssociationManagement, Clubhouse, CableTv, Insurance, Internet, LegalAccounting, PestControl, Pools, Sewer, Security, Trash, Water
- Home Owners Association Fee: 3996.57
- Insurance Expense: 0.00
- Net Operating Income: 0.00
- Other Expense: 0.00
- Pet Deposit: 0.00
- Security Deposit: 0.00
- Tax Year: 2023
- Trash Expense: 0.00
Other Features
- Entry Level: 14
- Furnished: Furnished
- Legal Description: REGENCY TOWERS CONDO UNIT P-1404 PLAN J ORB 516 P 267 3BR 2B 1576 SQ FT ORB 4699 P 1342 BALCONY 520 SQ FT
- Area Major: 03 - Bay County - Beach
- Occupant Type: Tenant
- Parcel Number: 32382-339-000
- Style: HighRise
- The Range: 0.00
- Unit Number: 1404
- Views: 30
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