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5801 Thomas Drive 1404
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PRICED AT ONLY: $989,000

Address: 5801 Thomas Drive 1404, Panama City Beach, FL 32408

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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More Like This
  • MLS#: 761729 ( Residential )
  • Street Address: 5801 Thomas Drive 1404
  • Viewed: 41
  • Price: $989,000
  • Price sqft: $0
  • Waterfront: Yes
  • Wateraccess: Yes
  • Waterfront Type: Gulf,Waterfront
  • Year Built: 1982
  • Bldg sqft: 0
  • Bedrooms: 4
  • Total Baths: 2
  • Full Baths: 2
  • Days On Market: 140

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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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Balcony
  • Living Area: 2155.00
Land Information
  • Lot Features: Waterfront
School Information
  • High School: Arnold
  • Middle School: Surfside
  • School Elementary: Patronis
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Pool Features: ElectricHeat, Community
Utilities
  • Carport Spaces: 0.00
  • Utilities: ElectricityConnected, TrashCollection
Amenities
  • Association Amenities: BeachRights, GameRoom, PicnicArea
Finance and Tax Information
  • Home Owners Association Fee Includes: AssociationManagement, Clubhouse, CableTv, Insurance, Internet, LegalAccounting, PestControl, Pools, Sewer, Security, Trash, Water
  • Home Owners Association Fee: 3996.57
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Pet Deposit: 0.00
  • Security Deposit: 0.00
  • Tax Year: 2023
  • Trash Expense: 0.00
Other Features
  • Entry Level: 14
  • Furnished: Furnished
  • Legal Description: REGENCY TOWERS CONDO UNIT P-1404 PLAN J ORB 516 P 267 3BR 2B 1576 SQ FT ORB 4699 P 1342 BALCONY 520 SQ FT
  • Area Major: 03 - Bay County - Beach
  • Occupant Type: Tenant
  • Parcel Number: 32382-339-000
  • Style: HighRise
  • The Range: 0.00
  • Unit Number: 1404
  • Views: 41
Nearby Subdivisions
[no Recorded Subdiv]   Bay Point Golf Villas I   Bay Point Golf Villas Ii   Bay Point Golf Villas Iii   Bay Point Grand Residences   Bay Point Harbour Villas   Bay Point Studio Villas Unit 2   Bay Point Studio Villas Unit 3   Boardwalk Central   Bonita Point   Coral Reef Condo   Dockside North   Dunes Of Panama Phase Ii   Dunes Of Panama Phase Iii   Dunes Of Panama Phase Iv   Dunes Of Panama Phase V   Edgewater Tower Ii   Emerald Park Condominium   En Soleil Condo   Grand Lagoon Cove Condominium   Greenwood Estates 6   Greenwood Estates 7   Gulf Crest Condo   Gulfgate Condo   Hidden Dunes Condo   Hidden Lagoon   Holiday Point   Laketown Wharf   Laketown Wharf Phase Ii   Largo Mar Condo   Magnolia Bay Club   Marina Club Village   Mariner East Condo   Mariner West Condo   Moondrifter   Moonspinner Apartments   Nautical Watch I   Nautical Watch Ii   Oceanna Condo   Palisades Condo Ph 1   Pinnacle Port   Plazas Of St.thomas I   Point Lagoon Condos   Point Lagoon Phase 1   Princess Condo   Reflections   Reflections Spa And Resort Res   Regency Towers   Sand Castles Villa   Seychelles Resort Condominium   Shade Tree Condo.   Shores Of Panama   Shores Of Panama Phase I   Shores Of Panama Phase Ii   Sterling Beach Condo   Sugar Beach Condo   Summerhouse Condo.   Summerhouse Of P.c. 1   Summerhouse Of P.c. 2   Summerwinds Condo   Summit   Sunbird Condo   Sunswept 4   The Commodore   The Summit   Top Of The Gulf Condo.   Treasure Cove Condo.   Treasure Island   Treasure Island Resort   Villas At Suncrest   Villas Of St. Thomas 2   Villas Of St. Thomas 3   Villas Of St. Thomas 4   Watercrest Condo   Waterhaven   Whispering Seas  
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