Panama City Beach, FL 32408,5801 Thomas Drive  #1404
Panama City Beach, FL 32408,5801 Thomas Drive  #1404
Panama City Beach, FL 32408,5801 Thomas Drive  #1404
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$989,000
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4 BD
2 BA
2,155 SqFt
Active

5801 Thomas Drive #1404 Panama City Beach, FL 32408

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UPDATED:

11/23/2024 03:40 PM

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 Condo

MLS Listing ID 958364

Bedrooms 4

Full Baths 2

Construction Status Construction Complete

HOA Fees $3,996/qua

HOA Y/N Yes

Year Built 1982

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.

Location

State FL

County Bay

Area 27 - Bay County

Rooms

Guest Accommodations BBQ Pit/Grill,Beach,Community Room,Exercise Room,Game Room,Greenhouse,Pets Allowed,Picnic Area,Pool,Short Term Rental - Allowed,Waterfront

Kitchen First

Interior

Appliance Dishwasher, Dryer, Washer

Exterior

Pool Community

Community Features BBQ Pit/Grill, Beach, Community Room, Exercise Room, Game Room, Greenhouse, Pets Allowed, Picnic Area, Pool, Short Term Rental - Allowed, Waterfront

Utilities Available Electric

Waterfront Description Gulf

Private Pool Yes

Building

Water Gulf

Construction Status Construction Complete

Schools

Elementary Schools Patronis

Others

HOA Fee Include Accounting,Ground Keeping,Insurance,Internet Service,Management,Security,Sewer,Trash,TV Cable,Water

Assessment Amount $3,996

Energy Description AC - Central Elect


Listed by Engel & Volkers 30A Beaches

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Adam Warner

Agent | License ID: 3575664

+1(850) 614-5008

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5801 Thomas Drive #1404