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5801 Thomas Drive , #1404

Panama City Beach, FL 32408
  • $989,000
  • STATUS: Active
  • ON SITE: 49 Days
  • MLS #: 761729
UPDATED: 31 min ago
$989,000
  • 4
    BEDS
  • N/A
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 2,155
    SQFT
  • $459
    $/SQFT
Neighborhood:
Type:
Condo
Built:
1982
County:
Bay

School Information

Elementary School:
Middle School:
High School:

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!

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© 2024 Central Panhandle Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Counts Real Estate Group. Data last updated: 2024-10-12T21:04:20.387.
www.countsbeachhomes.com/homes/154004879
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5801 Thomas Drive , #1404 Panama City Beach, FL 32408

  • Price: $989,000
  • Status: Active
  • On Site: 49 Days
  • Updated: 31 min ago
  • MLS #: 761729
4
Beds
2
Baths
0
½ Baths
N/A
Acres
2,155
SQFT
$459
$/SQFT
1982
Built
Neighborhood:
Regency Towers
County:
Bay
Area:
Bay County-Beach
Elementary School:
Patronis
Middle School:
Surfside
High School:
Arnold
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!
Exterior Features

Architectural Style High Rise Construction Materials Concrete Exterior Features Balcony Garage YN No Lot Features Waterfront Patio And Porch Features Balcony Pool Features Electric Heat Community Spa Features Community

Interior Features

Entry Level 14 Furnished Furnished Rooms Bedroom (First Level) Bedroom (First Level) (First Level) Primary Bedroom (First Level)

Property Features

Association Amenities Beach Rights Game Room Picnic Area Association Fee 3996.57 Association Fee Frequency Quarterly Association Fee Includes Association Management Clubhouse Cable TV Insurance Internet Legal / Accounting Pest Control Pool(s) Sewer Security Trash Water Association YN Yes Community Features Barbecue Beach Clubhouse Conference / Meeting Room Fitness Center Game Room Gated Park Pool Short Term Rental Allowed Waterfront Listing Agreement Exclusive Right To Sell Listing Service Full Service Lot Size Dimensions 0x0 Occupant Type Tenant Property Sub Type Condominium Property Sub Type Additional Condominium Security Features Gated with Guard24 Hour Security Security Service Tax Annual Amount 6667 Tax Year 2023 Utilities Electricity Connected Sewer Connected Trash Collection Waterfront Features Gulf Waterfront Waterfront YN Yes

Central Panhandle Association of REALTORS (Panama City MLS) logo Listing provided courtesy of Engel & Volkers 30A Beaches: (850) 213-2800. Listing information © 2024 Central Panhandle Association of Realtors MLS.


© 2024 Central Panhandle Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Counts Real Estate Group. Data last updated: 2024-10-12T21:04:20.387.
 
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Counts Real Estate Group
2104 Thomas Drive
Panama City Beach FL, 32408