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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