Active
5801 Thomas Drive 1404
Panama City Beach FL, 32408
$989,000
$458.93 per sqft
Active
4 Beds
2 Baths
2,155 sqft
Condos
Built in 1982
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!
761729
MLSⓇ ID
August 23, 2024
Listed
November 10, 2024
Updated
Map
5801 Thomas Drive 1404
Panama City Beach FL, 32408
Interior Features
Bedrooms
4
Total Bathrooms
2
Full Bathrooms
2
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Exterior Features
Balcony
Lot Features
Waterfront
Architectual Style
High Rise
School Information
High School
Arnold
Elementary School
Patronis
Other Property Details
Area Name
03 - Bay County - Beach
Taxes
$6,667
Tax Frequency
Annually
Days on Market
79
Association Fee
$3,997
Association Fee Frequency
Quarterly
Association Amenities
Beach Rights, Game Room, Picnic Area
Garage
No
View
No
County
Bay
Pool
No
Pool Features
Electric Heat, Community
Waterfront
Yes
Courtesy of Engel & Volkers 30A Beaches, Larell Paradise,
Listing Contact: (850) 775-7617
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Rachel Warrell shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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