5801 Thomas Drive, Unit 1404
$989,000
4
2
2,155
2,155
$459
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,...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!
- Listed by Larell Paradise • Engel & Volkers 30A Beaches
Property Details for 5801 Thomas Drive, Unit 1404
Architectural Style
High Rise
WaterfrontYes
Waterfront FeaturesGulf, Waterfront
Subdivision NameRegency Towers
LISTING UPDATED: 11/23/2024 10:39 AM
Property Details for 5801 Thomas Drive, Unit 1404
Status | Active |
---|---|
MLS # | 761729 |
Days on Market | 93 |
Taxes | $6,667 / year |
HOA Fees | $3,997 / quarter |
Condo/Co-op Fees | - |
Compass Type | Condo |
MLS Type | Residential / Condominium / Condominium |
Year Built | 1982 |
County | Bay County |
Building Information for 5801 Thomas Drive, Unit 1404
Building/Complex5801 Thomas DrFloor14Stories-Residences-Pet Policy-Year Built1982
Property Information for 5801 Thomas Drive, Unit 1404
Property History for 5801 Thomas Drive, Unit 1404
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 5801 Thomas Drive, Unit 1404
Taxable ValueLand-Additions-Total-
Tax Record2023$6,667 ($556 / month)
Home Facts
Beds3Total Finished SqFt1,576 SqFtAbove Grade Finished SqFt1,576 SqFtStories1StyleCondominiumYear Built1982CountyBAYAPN32382-339-000
Schools near 5801 Thomas Drive, Unit 1404
This home is within Bay.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | PK to 3 |
Rating | School | Distance |
---|---|---|
Patronis Elementary School PublicK to 5 | ||
Surfside Middle School Public6 to 8 | ||
J.R. Arnold High School Public9 to 12 | ||
A. Gary Walsingham Academy PublicPK to 3 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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