5801 S Thomas Drive # 1103 Panama City, FL 32408

1 / 78

View all 78 Photos

Map

Virtual Tour

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS' Discover expansive coastal views from the moment you enter this beautifully remodeled condo at Regency Towers. Originally designed as a three-bedroom unit, it has been expertly converted into the largest two-bedroom, two-bathroom configuration in the building to maximize the stunning vistas of Panama City Beach's west end coastline.The unit is offered fully furnished, featuring ceramic wood-like tiles throughout, newly installed windows and sliding glass doors, solid core doors, and updated major appliances including an HVAC system from 2019 and a recently replaced stove. A front-loading stackable washer and dryer set is conveniently located in the hallway, with the dryer properly vented out.This short-term rental has exclusively been listed on the Regency Towers COA Website, generating $35k in NET rental income in 2023. Beach chair privileges are included until November 1st, 2024.Regency Towers has been a beloved destination in Panama City Beach for over 40 years. Situated in the South Lagoon area, it is less than five minutes from St. Andrews State Park and close to local attractions such as Cobra Arcade and Go-Karts, as well as popular eateries like Captain Jack's, Schooners, and Patches Pub. This gated complex boasts extensive amenities, including a children's pool, indoor hot tub, owner's lounge, fitness room, game room, outdoor picnic area with grills, boardwalk, two beachfront pools (both seasonally heated), poolside Bikini Bob's Grill & Bar, and a spacious grassy area. The property offers ample parking and 24-hour security services. All information is deemed reliable but should be verified by the buyer if important. Please note, pets are not allowed.