5801 Thomas DR #1404 Active Save Request In-Person Tour Request Virtual Tour
Panama City Beach,FL 32408
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 2,155 sqft
Price per Sqft $458
Subdivision Regency Towers
MLS Listing ID 761729
Style High Rise
Bedrooms 4
Full Baths 2
HOA Fees $1,332/qua
Year Built 1982
Annual Tax Amount $6,667
Tax Year 2023
Property Description
STUNNING!! 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!
Location
State FL
County Bay
Community Barbecue,Beach,Clubhouse,Conference/Meeting Room,Fitness Center,Game Room,Gated,Park,Pool,Short Term Rental Allowed,Waterfront
Area 03 - Bay County - Beach
Exterior
Exterior Feature Balcony
Pool Electric Heat,Community
Community Features Barbecue,Beach,Clubhouse,Conference/Meeting Room,Fitness Center,Game Room,Gated,Park,Pool,Short Term Rental Allowed,Waterfront
Utilities Available Electricity Connected,Trash Collection
Amenities Available Beach Rights,Game Room,Picnic Area
Waterfront Yes
Waterfront Description Gulf,Waterfront
Building
Lot Description Waterfront
Schools
Elementary Schools Patronis
Middle Schools Surfside
High Schools Arnold