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Back 816/5801 Thomas Drive
Off Market

816/5801 Thomas Drive

Lower Grand Lagoon FL 32408

2
2
1144 sq. ft.
Condo
Last sold for $424,123
Duran GroupDuran Group, last sold this property on 21 April 2026 after 423 days on market.

Overview

**SHORT SALE OPPORTUNITY** Gulf and pool views that steal the show provide a breathtaking backdrop to this 2BR/2BA waterfront condo at Regency Towers, filling every day with light and water. Hard flooring throughout keeps the interior clean, durable, and easy to maintain - ideal for beach use and short-term stays. The kitchen is finished with stainless steel appliances and a breakfast bar seating four, creating a comfortable flow for dining and gathering. A modern ventless washer/dryer and new storm doors add convenience and peace of mind. The primary bedroom features a king bed, balcony access, and an ensuite bath with a granite-topped vanity and tiled walk-in shower. The guest bedroom includes two full beds and access to its own bath with a tiled tub/shower combo, giving guests their own space and privacy. Additional sleeping is available on the living room's sleeper sofa, allowing the unit to comfortably accommodate up to eight guests - perfect for families or groups. Regency Towers is a gated, beachfront community with a wide range of amenities, including two saltwater pools (one seasonally heated), a kiddie pool, indoor spa and hot tub, fitness center, tennis courts, game and pool rooms, picnic areas with BBQ grills, and 560 feet of private beach. The Sandbar Poolside Café, summer events like beach bonfires and movie nights, 24-hour security, and recently upgraded elevators round out the resort-style experience. Set on the quieter east end of Panama City Beach, the location offers a more laid-back feel while staying close to dining, shopping, marinas, and the natural beauty of St. Andrews State Park - making this a strong option for both personal use and rental demand. Don't miss the chance to see it in person - call today!

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 816/5801 Thomas Drive is $415k.

Median value
$415k
Estimated value range
$169k - $975k
Median days on market
102
Estimated value trend
-5%
decrease 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 816/5801 Thomas Drive

2026
Sold
$424,123
21 Apr 2026 by Duran Group, of Berkshire Hathaway HomeServices Beach Properties of Florida
2023
Sold
$515,000
15 Mar 2023 by Fred Peak, of Jim Free Realty LLC
2017
Sold
$195,000
30 Jun 2017 by Ivanette Free, of Jim Free Realty LLC

Happy sellers in Lower Grand Lagoon

89%
89% 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 19 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, 182 two-bedroom condos similar to 816/5801 Thomas Drive, have been sold.

This represents a 3% increase 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 clear communication, responsive, local expert, great negotiation, detail-oriented, proactive, and friendly

  •   5   (64 reviews)
  •  6 Reviews in Lower Grand Lagoon
  •  6 Sales in Lower Grand Lagoon
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