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$975,000

Beds
4
Baths
2.0
sq ft
2,155

5801 Thomas Dr Unit 1404, Panama City, FL 32408

5801 Thomas Dr Unit 1404

Panama City Beach, FL 32408

  • 6 days on market
Step into a world of luxury and relaxation at Regency Towers Penthouse 1404, where the beauty of the emerald coast and the charm of resort living come together in perfect harmony. Picture yourself waking up to the sound of gentle waves lapping against the shore, with 600 feet of pristine beach right at your doorstep. As you step onto your expansive top floor balcony, the breathtaking views stretch out before you, a daily reminder that paradise is yours.Imagine sipping a cocktail or enjoying a leisurely lunch at the poolside tiki bar and grill, soaking in the sun with the warm breeze caressing your skin. For those moments when you want to stay active, the fitness center offers stunning Gulf views, ensuring that every workout feels like a mini-vacation. This penthouse is not just a home; it's a sanctuary of elegance and comfort. With over 2,150 square feet, it boasts four spacious bedrooms, two beautifully appointed baths, and a dedicated office space, perfect for remote work or creative pursuits. The interior dazzles with exquisite finishes, including a wet bar with a wine fridge for entertaining, an electric fireplace for cozy evenings, sleek quartz countertops, and elegant LVP flooring throughout.The kids will adore the roomy bunk room, providing them with their own special retreat, while you host family gatherings in your spacious living areas. The expansive balcony invites you to unwind and soak in the mesmerizing sunset views, making every evening feel like a celebration.Regency Towers offers an array of fantastic amenities designed to enhance your lifestyle. Dive into one of the two Olympic-sized pools--one heated year-round--or unwind in the 10-person hot tub. The kiddie pool is perfect for little ones, and the fitness center ensures you stay in shape while enjoying the stunning scenery. Engage in friendly competition in the billiards room or host memorable events in the community room, complete with a kitchen.For outdoor enthusiasts, the beach is just steps away, with chair & umbrella rentals, jet ski adventures, and parasailing available right outside your door. Your furry friends are welcome too, as long as they are registered Emotional Support Animals. They'll love the dog walk and the large green space where they can run and play.Located just minutes from St. Andrews State Park, a plethora of entertainment options awaits--boat launches, arcades, go-kart tracks, and golf cart rentals, not to mention local favorites like Shipwreck Island Waterpark, Pier Park, and Top Golf. The vibrant nightlife and charming boutiques add to the allure of living at the World's Most Beautiful Beach.Don't miss the chance to experience this dream lifestyle. Be sure to check out the video tour in the images section, and if you're curious about rental projections or appraisals, just ask. Regency Towers Penthouse 1404 is waiting to welcome you home!

Details

Property type

Condominium

Est. home value

$875,245

Lot size

Unknown

Price per sq ft

$453

Year built

1982

Annual property taxes

$8,867

Monthly HOA fee

$1,330.28

Price History

02/15/2025
CentralPanhandle

CentralPanhandle #768906

Listed
$975,000
-1.42%
01/02/2025
CentralPanhandle

CentralPanhandle #766702

Removed
$989,000
01/02/2025
CentralPanhandle

CentralPanhandle #766702

Listed
$989,000

Schools & Community

Neighborhood: 

Lower Grand Lagoon

Elementary school: 

Patronis

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Pool, Clubhouse, Fitness Center, Gated, Park, Sidewalks

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$274,255
Asking price
$975,000
Closing costs (~8% of asking)
-$78,000
Est. remaining loan balance
-$622,745
Cash to seller
$274,255

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Lendsure Mortgage Corp

Loan start date

June 2023

Original loan amount

$634,995

Est. remaining balance

$622,745

Interest rate

6.43%

Loan type

New Conventional, 30 year

Seller

Neal Hoppe and Keir Hoppe

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 02/22/2025 at 6:00 PM

Listing updated: 02/19/2025 at 12:00 PM

Listed by: Larell Paradise, Engel & Volkers 30A Beaches Phone #: (850) 213-2800

MLS: CentralPanhandle #768906

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