- Price$989,000
- Beds4
- Baths2
- SQ. Feet2,155
- Built1982
5801 Thomas Drive # 1404, Panama City Beach
STUNNING!! SPACIOUS!! GULF FRONT!! PENTHOUSE!!Discover the epitome of coastal living at Regency Towers 1404, situated along 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. 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. 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!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!
Essential Information
- MLS® #761729
- Price$989,000
- Bedrooms4
- Bathrooms2.00
- Full Baths2
- Square Footage2,155
- Acres0.00
- Year Built1982
- TypeResidential
- Sub-TypeCondominium
- StyleHigh Rise
- StatusActive
Amenities
- AmenitiesBeach Rights, Game Room, Picnic Area
- UtilitiesElectricity Connected, Sewer Connected, Trash Collection
- FeaturesWaterfront
- Is WaterfrontYes
- WaterfrontGulf, Waterfront
- Has PoolYes
- PoolElectric Heat, Community
School Information
- ElementaryPatronis
- MiddleSurfside
- HighArnold
Listing Details
- Listing OfficeEngel & Volkers 30A Beaches
Community Information
- Address5801 Thomas Drive # 1404
- Area03 - Bay County - Beach
- SubdivisionRegency Towers
- CityPanama City Beach
- CountyBay
- StateFL
- Zip Code32408
Exterior
- ExteriorConcrete
- Exterior FeaturesBalcony
- Lot DescriptionWaterfront
- ConstructionConcrete
Additional Information
- Date ListedAugust 23rd, 2024
- HOA Fees3996.57
- HOA Fees Freq.Quarterly
DISCLAIMER: 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 Source: Bay County Association Of REALTORS® Multiple Listing Service