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Kerry Jayne Jackson

realtyexpertkerry@gmail.com +1(850) 960-8646

$ 989,000

Est. payment -/mo

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Active

5801 Thomas DR #1404 Panama City Beach, FL 32408

4 Beds

2 Baths

2,155 SqFt

UPDATED:

10/23/2024 02:22 PM

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 2,155 sqft

Price per Sqft $458

Subdivision Regency Towers

MLS Listing ID 761729

Style High Rise

Bedrooms 4

Full Baths 2

HOA Fees $3,996/qua

HOA Y/N Yes

Year Built 1982

Annual Tax Amount $6,667

Tax Year 2023

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!

Location

State FL

County Bay

Community Barbecue, Beach, Clubhouse, Conference/Meeting Room, Fitness Center, Game Room, Gated, Park, Pool, Short Term Rental Allowed, Waterfront

Area 03 - Bay County - Beach

Interior

Furnishings Furnished

Fireplace No

Exterior

Exterior Feature Balcony

Pool Electric Heat, Community

Community Features Barbecue, Beach, Clubhouse, Conference/Meeting Room, Fitness Center, Game Room, Gated, Park, Pool, Short Term Rental Allowed, Waterfront

Utilities Available Electricity Connected, Trash Collection

Amenities Available Beach Rights, Game Room, Picnic Area

Waterfront Yes

Waterfront Description Gulf,Waterfront

Water Access Desc Gulf,Waterfront

Porch Balcony

Building

Lot Description Waterfront

Architectural Style High Rise

Schools

Elementary Schools Patronis

Middle Schools Surfside

High Schools Arnold

Others

HOA Fee Include Association Management,Clubhouse,Cable TV,Insurance,Internet,Legal/Accounting,Pest Control,Pool(s),Sewer,Security,Trash,Water

Tax ID 32382-339-000

Security Features Gated with Guard,24 Hour Security,Security Service

Listed by Engel & Volkers 30A Beaches

Kerry Jayne Jackson

Broker Associate | License ID: 7692

+1(850) 960-8646

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