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Regency Towers

Regency Towers

Regency Towers
Condominium Building Complex
The Costar Building Rating

A rating for the building relative to other buildings of the same type throughout the country. Learn more

5801 Thomas Dr,
Panama City Beach, FL 32408-6735
340 Units
14 Stories
1975 Year Built
$377K - $947K Value Range

Available Units

For Sale
For Rent
No Units Available

Highlights

  • Beach
  • Patronis Elementary School Rated A-
  • Property fronts gulf or ocean
  • Fitness Center
  • 24-Hour Security
  • 3 min walk to Regency Towers Dog Run

Iconic beachfront living in Lower Grand Lagoon

Regency Towers, a 14-story condominium building constructed in 1975, is a prominent fixture in the Lower Grand Lagoon neighborhood of Panama City Beach. With 340 units, this building offers a variety of living spaces that cater to different needs and preferences. Its prime location along the Gulf of Mexico provides residents with stunning views and easy access to the beach, making it a desirable place to call home.

Diverse floor plans with modern upgrades and breathtaking views

Regency Towers offers a range of floor plans, from cozy one-bedroom units to spacious four-bedroom penthouses. The one-bedroom units, approximately 900 square feet, feature two to three bathrooms and are priced between $400,987 and $424,542. These units are perfect for individuals or couples looking for a comfortable living space with modern amenities. The two-bedroom units range from 1,144 to 1,248 square feet and include two bathrooms. Prices for these units start at $394,900 and go up to $585,000. These units are ideal for small families or those who need a bit more space. Many of these units have been recently renovated, featuring updated kitchens with stainless steel appliances, quartz countertops, and elegant fixtures. Three-bedroom units, ranging from 1,248 to 1,787 square feet, offer two bathrooms and are priced between $427,000 and $730,000. These units provide ample space for larger families or those who enjoy entertaining guests. Unique features in some of these units include luxury vinyl plank flooring, custom cabinetry, and expansive balconies with direct Gulf views. The largest units in Regency Towers are the four-bedroom penthouses, which range from 2,155 to 2,184 square feet and include two to three bathrooms. These units are priced from $762,865.5 to $989,000. Penthouses offer unparalleled luxury with high-end finishes, including quartz countertops, custom cabinetry, and floor-to-ceiling windows that flood the living spaces with natural light. The expansive terraces provide the perfect setting for al fresco dining and relaxation while enjoying the stunning Gulf views. Monthly HOA fees range from $600 to $3,000, covering essential services such as accounting, ground keeping, recreational facilities, security, sewer, water, and trash.

Comprehensive amenities for a comfortable and active lifestyle

Regency Towers boasts an impressive array of amenities designed to enhance the living experience of its residents. The building features two Olympic-size pools, one of which is heated year-round, providing a perfect spot for swimming and relaxation. The full-service poolside tiki bar and grill offer convenient dining options without leaving the property. For those seeking relaxation, the 10-person hot tub and kiddie pool are excellent options. Fitness enthusiasts will appreciate the well-equipped fitness center and exercise room, while the billiards room and game room provide entertainment for all ages. The community room with a kitchen is available for hosting events and gatherings. Outdoor amenities include multiple picnic areas with grills, tennis courts, shuffleboard, and an outdoor dog walking area. The boardwalk and large grass area offer additional spaces for leisure and recreation. Beach chair rentals, jet ski rentals, and parasailing services are available right on the beach, adding to the convenience and enjoyment of living at Regency Towers. Business services include 24-hour security, concierge services, laundry facilities, a storage room, and a rentable party room. The gated security ensures privacy and peace of mind for all residents.

Lower Grand Lagoon: A serene coastal community with vibrant local culture

Lower Grand Lagoon is a charming neighborhood that offers a perfect blend of tranquility and convenience. Residents enjoy easy access to the beach, with several public beach access points facing the Gulf of Mexico. The area is less crowded than the heart of Panama City Beach, making it an attractive option for locals, seasonal residents, and short-term rental clients. The neighborhood is home to a variety of locally owned bars and restaurants, including Schooners, known as the "Last Local Beach Club," and Patches Pub, famous for its Reuben sandwiches and live music. For fresh ingredients, residents can visit Treasure Island Seafood Market or the nearby Publix in Upper Grand Lagoon. Lower Grand Lagoon is also close to St. Andrews State Park, a popular destination for camping, hiking, snorkeling, and surfing. The park's 1,200-acre expanse offers a serene escape into nature. Other nearby attractions include Cobra Arcade and Go-Karts, Shipwreck Island Waterpark, and Pier Park, providing endless entertainment options for all ages. The Bay District school system serves the neighborhood, with highly rated schools such as Patronis Elementary, Surfside Middle, and J.R. Arnold High. These schools offer a range of academic and extracurricular programs, ensuring a well-rounded education for students.

Accessible transportation options for convenient travel

Regency Towers is conveniently located near several transportation options, making it easy for residents to get around. The Thomas Dr. & Dolphin Dr. bus stop, serving the Panama City Mall/Gulf Coast State College transit line, is just a five-minute walk away. This provides a convenient option for those who prefer public transportation. For air travel, Northwest Florida Beaches International Airport is approximately 22 miles away, a 40-minute drive. The neighborhood's layout and infrastructure make it car-dependent, but the area is somewhat bikeable, offering an alternative mode of transportation for short trips. The building's location on Thomas Drive provides easy access to major roads and highways, ensuring that residents can quickly reach nearby attractions and amenities. On-site parking is available for residents, adding to the convenience of living at Regency Towers.

Available Units

No units matching this criteria are available right now.

Building Details

Views

  • Gulf
  • Lagoon

Recreation

  • Beach
  • Fitness Center
  • Heated In Ground Pool
  • Community Pool
  • Community Spa
  • Outdoor Shower
  • Fishing
  • Park

Outdoor Features

  • Property fronts gulf or ocean
  • Community Barbecue Grill
  • Picnic Area

Amenities

  • Sauna
  • Clubhouse
  • Game Room
  • Meeting Room
  • Recreation Room
  • 24-Hour Security

Parking

  • Gated Parking
  • Paved Parking
  • Additional Parking
  • Parking Lot

Condo Association

  • $998 Monthly HOA Fees
  • Monthly HOA Fees Range from $986 - $1,332
  • Association fees include accounting, insurance, internet service, management, master, recreational faclty, security, sewer, water, cable TV, trash
  • Regency Towers Subdivision

Building Design

  • Fire Sprinkler System
  • High-Rise Condominium
  • Elevator

Unit Features

  • Exterior Washer Dryer Hookup
  • Balcony

Unit Information By Building

Beds
3 Beds
2 Beds
3 Beds
3 Beds
2 Beds
2 Beds
2 Beds
3 Beds
2 Beds
2 Beds
Baths
2 Baths
2 Baths
2 Baths
2 Baths
2 Baths
2 Baths
2 Baths
2 Baths
2 Baths
2 Baths
Sq Ft
1,248
1,144
1,560
1,248
1,144
1,144
1,144
1,352
1,144
1,144
Price
$530,000
$440,000
$599,000
$459,000
$459,900
$545,000
$440,000
$625,000
$450,000
$475,000
Price / Sq Ft
$425 / Sq Ft
$385 / Sq Ft
$384 / Sq Ft
$368 / Sq Ft
$402 / Sq Ft
$476 / Sq Ft
$385 / Sq Ft
$462 / Sq Ft
$393 / Sq Ft
$415 / Sq Ft
List Date
12/02/2024
02/03/2025
02/01/2025
04/01/2025
08/15/2023
02/21/2025
04/01/2025
09/27/2024
05/18/2024
04/22/2025

Unit Size and Value Ranges

1 Bedroom Units
Sq Ft Range
916
Est. Values
$376,730 - $393,623
2 Bedroom Units
Sq Ft Range
1,144 - 1,352
Est. Values
$398,544 - $534,742
3 Bedroom Units
Sq Ft Range
1,248 - 3,227
Est. Values
$422,367 - $811,989
4 Bedroom Units
Sq Ft Range
2,155 - 2,184
Est. Values
$740,295 - $947,038
All Units
Sq Ft Range
916 - 3,227
Est. Values
$376,730 - $947,038

Map

Area Factors

Low Crime

Crime Score®

3 / 10

Somewhat Bikeable

Bike Score®

47 / 100

Car-Dependent

Walk Score®

39 / 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score

WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Environmental Factors

Active

Sound Score®

77 / 100

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Air Pollution®

N/A / 10

--

Flood Factor®

N/A / 10

--

Fire Factor®

N/A / 10

--

Heat Factor®

N/A / 10

--

Wind Factor®

N/A / 10
Source: First Street, How Loud
Sources: First Street, How Loud

Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.

Parks in this Area

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology
Disclaimer: Please note that this building may not be in these schools' attendance zones.

Agents Active in this Building

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Property Taxes

Range in Assessed Values
$175K - $718K
Range of Taxes in Building
$2,037 - $8,287
Range of Taxes per Sq Ft
$1.18 - $4.56

Property Tax History

Source: Public Records

Building Website

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed and should be independently verified.