5801 Thomas Dr #1001, Panama City Beach, FL 32408

5801 Thomas Dr #1001, Panama City Beach, FL 32408

3 beds 2 baths 1,560 Sqft

Overview Neighborhood Amenities Price details

$549,000

Condominium

For Sale

Closed at $549,000
$351.92/sf

Description:

Closed - Condominium for sale

Note: This property is not currently for sale or for rent on beycome. The description below may be from a previous listing.

***ACCEPTING BACK UP OFFERS UNTIL SUNDAY, JUNE 20 - 6PM*** Remarkable gulf view condo at Regency Towers! Investor's dream. Rental property has consistently produced between 60-73K per year. 2021 rental revenue booked is $71K with more to come. Owner self manages and is open to discuss and willing to manage for the new owners and even willing to offer guaranteed rental revenue with simple terms. This spectacular end unit is one of the largest floor plans in the building with over 1550 sq ft of living. This truly feels like a home away from home, or would make for an excellent rental property with 3 great sized bedrooms and 2 full bathrooms. The unit has been completely renovated from floor to ceiling, and includes the furniture & décor. Property recently got a brand new TRANE HVAC system and new hot water heater. Regency Towers offers many amenities including two resurfaced pools (one heated), hot tub, Bikini Bob's Tiki Bar, tennis courts, fitness center, game room, 24 hour security and designated owner's parking. Renovations include: luxury plank vinyl flooring, new white shaker soft closed cabinets, gray & white marble Quartz countertops, Frigidaire stainless steel appliances, resurfaced ceilings, new lighting, new bathroom vanities, walk-in tiled master shower, scrubbable matte paint, 5-inch baseboards and crown molding, new doors, Schlage keyless entry, shiplap accent walls and more. Regency Towers has undergone many recent updates, including new exterior paint and landscaping, with many improvement already budgeted for in the works! This is a must see! **Recently Renovated** This beach condo is a spacious 3/2 - The outdoor patio/deck is west facing with breathtaking sunset views from the 10th floor. property has full service amenities with Tiki hut with food and beverage services, full gym, jacuzzi, two pools (one heated) - Our 3 bedroom / 2 full bath - sleeps 10 comfortably. * Bedroom #1 - Gulf front master - King bed with private bathroom and walk out balcony access * Bedroom #2 - Two full beds * Bedroom #3 - Queen bed * Living Room - Queen Sleeper sofa

+ More

MLS: #712841

Location

* School data provided by National Center for Education Statistics, and GreatSchools. Intended for reference only. The GreatSchools Rating is based on a variety of school quality indicators, including test scores, college readiness, and equity data. To verify enrollment eligibility, contact the school or district directly.

What will my commute be?

Facts and features:

Status: Closed

Listed Date: 06/13/2021

Days On Market: 1287

Closing:

Availability Date: 2021-06-13

HOA:

Association Amenities: Ceiling Fan, Pool, Deck, Waterfront, Dryer, Washer in building, Disposal, Balcony/Patio, Washer in Unit, Disability Features, Fire Sprinkler, Playground, Microwave, Oven, Freezer, Refrigerator, Elevator, Dishwasher, Security, 55+ Communities

Structure:

Building Name: Regency Towers

Open House:

Score:

-panama city beach-for-sale-5801 thomas dr #1001, panama city beach, fl 32408-6722851

Mortgage All cash

Monthly expenses $4,427

Property Tax $915

HOA Fee $0

Homeowners Insurance $146

Due at Close $529,785

List price $549,000

Closing costs $8,235

beycome Pre-paid title settlement fee: $199Learn more

beycome Credit Est. $11K

Provided by

The information is being provided by Baldwin County MLS.
Information deemed reliable but not guaranteed. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS.
Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.
Broker Reciprocity disclosure: Listing information are from various brokers who participate in IDX (Internet Data Exchange).
All information should be independently reviewed and verified for accuracy.
Copyright 2024 Baldwin County MLS. All rights reserved.

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Customer reviews

Marc & Staci K., Loxahatchee, Fl

Hi Nancy, We officially close TOMORROW!!!! And yes we got our asking price. With love and gratitude, Mission Accomplished, Closed with beycome in 1 month & 14 days. Amount Saved in commission fees: $25.794.

June M. Jacksonville, Fl

You and I did great. It is now rented. I only spend $40 with your company and saved $1,650.00 by not using a realtor. You were great and hope u feel better. Please remove all ads. Thanks from the bottom of my heart. June 2016

Ndakhte N. Oakland Park, FL

Hi Nico and Natalie.. I can't say enough about Beycome and all of the nice service I received. It did sell today for the full asking price less a credit back to the buyer at closing so she'd barely have to come up w/ any money ...