5801 Thomas Drive Unit 1020, Panama City, FL 32408

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Sold Price
$430,000
List Price
$440,000
Closing Date
Apr 22, 2026
MLS#
786398
Status
CLOSED
Type
Condo
Subtype
Condominium
Bedrooms
2
Bathrooms
2
Neighborhood
Beach - South of Grand Lagoon

Property Description

UNDER CONTRACT. SELLER ACCEPTING BACKUP OFFERS. Regency Towers Unit 1020 is a Gulf-front 2-bedroom, 2-bath condo located on the desirable east end of Panama City Beach, Florida. Positioned on the 10th floor with one of the best views in the complex, this beachfront residence offers panoramic Gulf of America views and direct access to the sugar-white sand beaches of the Emerald Coast. The open-concept layout features large storm resistant sliding glass doors leading to a private Gulf-front balcony, creating seamless indoor-outdoor living; showcasing stunning shoreline views and accented with nautical decor throughout. The Master suite includes balcony access and an updated en-suite bathroom with a newly tiled walk-in shower. A spacious guest bedroom and full updated bath provide comfortable accommodations for family and guests. The kitchen features stainless steel appliances, a breakfast bar, and adjacent dining space, while the living area offers comfortable seating and a queen sleeper sofa. The guest bedroom includes two full beds, allowing the condo to comfortably host 8 guests and support strong short-term rental demand. Regency Towers is a gated beachfront community offering resort-style amenities including two Gulf-front pools (one heated), hot tub, fitness center, billiards room, grilling and picnic areas, high speed elevators, ample parking, Sand Bar Grill and Bar and direct beach access with 24-hour security. Located near St. Andrews State Park, Grand Lagoon marinas, fishing charters, waterfront dining, and popular Panama City Beach attractions, this Gulf-front condo offers the ideal combination of coastal living, convenience, and rental income potential along Florida's Emerald Coast.

Additional Information

Appliances
Washer/Dryer Stacked, Electric Oven, Electric Range, Electric Water Heater
Elementary School
Patronis
High School
Arnold
Lot Features
Paved
Middle School
Surfside
Neighborhood
Beach - South of Grand Lagoon
Project Facilities
Barbecue, Beach, Clubhouse, Conference/Meeting Room, Elevator, Fitness Center, Game Room, Laundry Facilities, Playground, Park, Pool, Waterfront, Community Pool, Gated, Short Term Rental Allowed
Subdivision
Regency Towers
Utilities
Cable Connected, Electricity Available, High Speed Internet Available, Sewer Available, Underground Utilities
Waterfront
Yes
Waterview
Gulf
Year Built
1975
Zoning
Resort

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of eXp Realty, LLC. Selling Office: EXP Realty LLC.