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5801 Thomas Drive , #1404

Panama City Beach, FL 32408
  • $989,000
  • STATUS: Active
  • ON SITE: 58 Days
  • MLS #: 958364
UPDATED: 46 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
Area:

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 Emerald Coast 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 Live 30A Real Estate. Vendor Member number: 28178. Data last updated: 2024-11-01T18:01:24.84.
Vendor Member #28178.
www.live30a.com/homes/154599067
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5801 Thomas Drive , #1404 Panama City Beach, FL 32408

  • Price: $989,000
  • Status: Active
  • On Site: 58 Days
  • Updated: 46 min ago
  • MLS #: 958364
4
Beds
2
Baths
0
½ Baths
N/A
Acres
2,155
SQFT
$459
$/SQFT
1982
Built
Neighborhood:
Regency Towers Condo
County:
Bay
Area:
Bay County
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 N/A Carport YN No Construction Materials [] Exterior Features [] Lot Features [] Parking Features [] Pool YN Yes Road Frontage Type [] Road Surface Type [] View [] Waterfront Features Gulf

Interior Features

Appliances DishwasherDryerWasher Cooling Central Air Cooling YN Yes First Floor Bedroom Yes Great Room YN Yes Heating [] Interior Features [] Primary Bedroom First Floor Yes Rooms Total 6

Property Features

Association Fee Frequency Quarterly Association Fee Includes AccountingGround KeepingInsuranceInternet ServiceManagementSecuritySewerWaterCable TVTrash Association Fee2 3996.57 Association YN Yes Buyer Financing [] Community Features BBQ Pit/GrillBeachCommunity RoomExercise RoomGame RoomGreenhousePets AllowedPicnic AreaPoolWaterfront Green Energy Efficient [] New Construction YN No Pool Type Community Property Condition Construction Complete Property Sub Type Condominium Short Term Rental Allowed Yes Special Listing Conditions [] Utilities Electric

Listing courtesy of Engel & Volkers 30A Beaches: 850-213-2800.


© 2024 Emerald Coast 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 Live 30A Real Estate. Vendor Member number: 28178. Data last updated: 2024-11-01T18:01:24.84.
Vendor Member #28178.
 
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