855.375.4001
Listing Courtesy of: Darrell Turner - Counts Real Estate Group Inc 850-866-9868

5801 Thomas Drive Unit 325 Panama City, FL 32408

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Condo Residence
3 Beds
2 Baths
... Bed/Bath
1,456 Sq. Ft.

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Last updated on 6/17/2024 6:51 AM
Discover this exceptional lower level, 3-bedroom, 2-bathroom unit at the highly sought-after Regency Towers, notable for its substantial upgrades and robust rental performance. This unit features sliders to the balcony and windows that were replaced in 2019 with hurricane/impact grade materials for ...enhanced safety and durability. The interior welcomes you with beadboard and chair rail in the entry hall and is elegantly detailed with crown molding throughout.Significantly, this condo benefits from a dryer vented to the exterior, an upgrade made in 2022 that is uncommon in most Regency units, enhancing both safety and efficiency. The HVAC system is well-maintained, having been in place for 7 years, while the dishwasher and microwave were replaced just 3 years ago.Financially, the unit has demonstrated strong rental income, generating $49,000 in 2022 and $50,000 in 2023 through VRBO bookings. This revenue was achieved despite the owners reserving three weeks each in the spring and fall for personal use, and not actively pursuing additional bookings. The unit maintains a high desirability on VRBO, reflected in its 4.8-star rating.Milestone inspections confirm that the major structural components are in good and serviceable condition. Residents and guests of Regency Towers enjoy access to two large swimming pools, one of which is heated during the winter months, an indoor hot tub, Bikini Bob's Poolside Cafe, game room, exercise room and of course, the World's Most Beautiful Beaches!Regency Towers is strategically located near top-rated restaurants, St. Andrews State Park, and Panama City Beach's newest sports park.Set on Thomas Drive, a convenient four-lane street, this property offers both a premium lifestyle and investment opportunity.All information is believed to be correct but should be verified by the buyer. This unit represents a perfect blend of luxury, comfort, and profitability, making it a must-see on your list. Continue reading
MLS#
756914
Property Type
Condo
Bedrooms
3
Bathrooms
2 Full
Year Built
1975
HOA Fee
$2,998 Quarterly
Square Feet
1,456 sq. ft
Sewer
Sewer Connected, Other

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Listing Courtesy of: Darrell Turner - Counts Real Estate Group Inc 850-866-9868
Andrea D. Conner, License # BK3437731, Xome Inc., License CQ1043756, AndreaD.Conner@xome.com, 844-400-XOME, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

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. Copyright 2024 Central Panhandle Association of Realtors® Multiple Listing Service, Inc. – All Rights Reserved.

This content last refreshed on 6/17/2024 6:51 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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