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$545,000

Beds
2
Baths
2.0
sq ft
1,144

5801 Thomas Dr Unit 816, Panama City, FL 32408

5801 Thomas Dr Unit 816

Panama City Beach, FL 32408

  • <1 day on market
Introducing one of the finest 2-bedroom condos in Regency Towers, now on the market! Act fast, as this beautifully remodeled unit won't be available for long. The building has recently upgraded to new elevators for your convenience.Inside, you'll find a modern ventless washer and dryer, along with brand-new storm doors. Enjoy access to two pools on the premises, including a heated option for those cooler days. This condo is ideally situated near a variety of upscale dining, shopping, and entertainment options.Whether you're looking for a perfect family beach retreat or a lucrative rental opportunity, this condo has it all. Spend your days at the beach and let this property generate income while you're away. Don't wait--seize this opportunity before it slips away!

Details

Property type

Condominium

Est. home value

$516,872

Lot size

Unknown

Price per sq ft

$477

Year built

1975

Annual property taxes

$5,101

Monthly HOA fee

$999.19

Price History

02/21/2025
CentralPanhandle

CentralPanhandle #769187

Listed
$545,000
+5.83%
03/15/2023
CentralPanhandle

CentralPanhandle #736376

Sold
$515,000
+164.1%
06/30/2017
CentralPanhandle

CentralPanhandle #636019

Sold
$195,000

Schools & Community

Neighborhood: 

Lower Grand Lagoon

Elementary school: 

Patronis

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Pool, Fitness Center, Gated

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

-$13,039
Asking price
$545,000
Closing costs (~8% of asking)
-$43,600
Est. remaining loan balance
-$514,439
Cash to seller
-$13,039

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

Seller’s Loan History

Lender

Guaranteed Rate Inc

Loan start date

March 2023

Original loan amount

$526,845

Est. remaining balance

$514,439

Interest rate

6.15%

Loan type

VA, 30 year

Seller

Boen Brock and Jana Brock

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?

Status: Active

Tomo last checked: 02/22/2025 at 12:00 PM

Listing updated: 02/21/2025 at 2:22 PM

Listed by: Selma Hill, Hilltop Legacy Realty Phone #: (850) 774-3442

MLS: CentralPanhandle #769187

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