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Back 616/5801 Thomas Drive
Off Market

616/5801 Thomas Drive

Lower Grand Lagoon FL 32408

2
2
1144 sq. ft.
Condo
Last sold for $430,000
Sue Ann BontragerSue Ann Bontrager, last sold this property on 28 May 2026 after 163 days on market.

Overview

Currently under contract, Seller accepting Back up offers. GULF-WATERFRONT Welcome to an exceptional Gulf-front residence at Regency Towers, ideally located on the quiet east end of Panama City Beach. Situated on the 6th floor, this beautifully fully renovated 2-bedroom, 2-bath condominium offers stunning, unobstructed views of the emerald waters and sugar-white sands--an ideal setting for both relaxation and everyday coastal living. This residence stands out as a rare find, having been thoughtfully and completely upgraded throughout. The condo features a fully updated kitchen and bathrooms, new patio doors, and brand-new patio furniture, creating a seamless blend of comfort, style, and functionality. Every detail has been carefully selected, making this home truly move-in or rental ready with no updates needed. Regency Towers is well known for its welcoming, family-friendly atmosphere and impressive array of amenities. Enjoy a kiddie pool, a large heated pool, an additional spacious resort-style pool, a hot tub, expansive sun decks with abundant lounging space, and a fully equipped fitness center. Adding to the convenience, the property also offers an on-site restaurant, allowing you to enjoy beachfront dining just steps from your door. With direct beach access and a peaceful setting away from the busier areas of the beach, this condo offers the perfect balance of serenity and resort-style living. Whether you are seeking a primary residence, a second home, or a high-quality investment property, this fully upgraded Gulf-front condo is truly an exceptional opportunity in today's market.

Features

2 bedrooms
2 bathrooms
1144 sq. ft. floor area
Condo

Estimated Value

Based on this property and similar 2 bedroom condos sold in Lower Grand Lagoon over the last 12 months, the estimated median property value of 616/5801 Thomas Drive is $430k.

Median value
$430k
Estimated value range
$169k - $1.05m
Median days on market
90
Estimated value trend
6%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Lower Grand Lagoon. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 616/5801 Thomas Drive

2026
Sold
$430,000
28 May 2026 by Sue Ann Bontrager, of Counts Real Estate Group Inc
2023
Sold
$480,000
31 Jul 2023 by Shelly Webb, of Coastal Heritage Real Estate LLC
2020
Sold
$220,000
14 Jul 2020 by Hope Abbott-Woods, of KELLER WILLIAMS REALTY EMERALD

Happy sellers in Lower Grand Lagoon

91%
91% of sellers in Lower Grand Lagoon reported that their sale price either exceeded or met their price expectations.

Lower Grand Lagoon stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 31 reviews in Lower Grand Lagoon over the last 12 months.

Local market activity for 2 bedroom condos in Lower Grand Lagoon

In the last 12 months, 210 two-bedroom condos similar to 616/5801 Thomas Drive, have been sold.

This represents a 35% decrease in two-bedroom condos sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Lower Grand Lagoon

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Zack Seltzer

Zack Seltzer is an award winning recommended agent for Lower Grand Lagoon.  They have 28 local sales and collected 10 local reviews across the last 12 months.

  •   5   (68 reviews)
  •  10 Reviews in Lower Grand Lagoon
  •  28 Sales in Lower Grand Lagoon
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Alice de La Penha

Alice de La Penha is an award winning recommended agent for Lower Grand Lagoon.  They have 20 local sales and collected 7 local reviews across the last 12 months.

  •   5   (144 reviews)
  •  7 Reviews in Lower Grand Lagoon
  •  20 Sales in Lower Grand Lagoon
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Sean Casilli

Sean Casilli is a recommended agent for Lower Grand Lagoon.  They have collected 6 local reviews across the last 12 months.

  •   5   (21 reviews)
  •  6 Reviews in Lower Grand Lagoon
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Tyler S Smith

Sellers who recommend Tyler S Smith have praised them for being local expert, clear communication, responsive, great negotiation, detail-oriented, well-prepared, and proactive

  •   5   (69 reviews)
  •  6 Reviews in Lower Grand Lagoon
  •  6 Sales in Lower Grand Lagoon
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