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Harrison Lilly

Owner/Operator | Harrison Lilly Emerald Coast | Harrison Lilly Realty | PLACE

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5801 Thomas Dr Unit 1021 , Panama City Beach, FL 32408
$619,950
Est. Payment: $3,144.27/mo
3 Bed
2 Bath
1372 Sqft
Status: active | Days on site: 4
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Harrison Lilly
Owner/Operator

House Description

Rare Front-Stack Gulf-Front Opportunity at Regency Towers! Experience breathtaking, unobstructed Gulf views from this highly sought-after front-stack 3-bedroom, 2-bath residence in Regency Towers. Rarely available, this spacious beachfront condo has been extensively updated with more than $61,000 in renovations, creating a truly move-in-ready retreat that's equally suited as a primary residence, second home, or income-producing short-term rental. The beautifully remodeled kitchen features custom cabinetry, quartz countertops, a tile backsplash, updated tile flooring, new appliances, sink, faucet, lighting, and garbage disposal, blending timeless style with everyday functionality. Throughout the home you'll also find new flooring, fresh interior paint, updated trim and doors, renovated bathrooms, a new front entry door, and updated lighting. Significant improvements include all new windows and sliding glass doors, a new 40-gallon water heater (2026), and numerous plumbing and electrical upgrades, providing lasting value and peace of mind. The spacious living and dining areas open to a private Gulf-front balcony where you'll enjoy panoramic emerald-water views, unforgettable sunsets, and the relaxing sounds of the Gulf. Regency Towers offers outstanding resort-style amenities, including two beachfront pools, the popular Sandbar, fitness facilities, billiards room, family movie nights, and direct beach access, all just minutes from Panama City Beach's premier dining, shopping, and entertainment. Front-stack 3-bedroom residences of this caliber are exceptionally rare, especially with this level of renovation already completed. This is a unique opportunity to own one of Regency Towers' most desirable floor plans without the expense or hassle of future updates. As an added bonus, two beach chair service memberships are included through the end of the 2026 beach season, so you can start enjoying the beach from day one. This condo was a successful short-term rental through 2024 before becoming the owners' private home for the past two years. It has now been placed back on the rental market and is being offered fully furnished and completely turnkey, including furnishings, linens, towels, kitchen essentials, and décor. Whether you're looking for a personal beachfront retreat or an investment property, everything is already in place for you to start enjoying it or generating rental income immediately.

Highlights

Listed by Leigh A Carr , 816-810-9742 SimpliHOM , 850-714-4733. Bay County Association of REALTORS

Property Type

Condo/Townhome

HOA Fee

Year Built

1975

County

Bay

Area

03 - Bay County - Beach

Neighborhood

Regency Towers

Listing ID

792707

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:3
  • Bathrooms:2
  • Full Bathrooms:2
Appliances:Washer/Dryer Stacked, Electric Cooktop, Electric Water Heater, Ice Maker
Air Cond:Central Air,Ceiling Fan(s)
Fireplaces:
Other:
  • Additional:Balcony, Shower Only

Exterior Features

Lot Dimensions:0x0
Roof:Flat
Sewer:Public Sewer
Parking Features:Gated,Parking Lot
Principal Interest
$3,144
Taxes
$389
HOA
$0

Home Price

$619,950

Loan Details

30 yrs
6.529%

Down Payment

20%
$123,990
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,144.27

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,144.27 $388.86 $0.00 $3,533.13
Yearly $37,731.23 $4,666.32 $0.00 $42,397.55
Total $1,131,936.99 $139,989.60 $0.00 $1,271,926.59

Today's Rates

30 Year

6.53%

20 Year

6.33%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Panama City Beach, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bay County Association of REALTORS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-20T06:33:19.000Z

© 2026 Bay County Association of REALTORS