Property Attributes
- MLS#782703
- TypeCondos
- Listing Status Active
- CountyBay
- CityPanama City
- Area03 - Bay County - Beach
- NeighborhoodWatercrest Condo
- Zip32408
- Style
- Year Built1987
- Taxes$ 5629
- Price$ 699,400
- Bedrooms2
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1441
Data Source:
Central Panhandle Association of REALTORS® (CPAR)
Property Description
LOCATION, LOCATION, LOCATION.... If you've been searching for the PERFECT BEACH FRONT CONDO on Panama City Beach, your search ends here! Welcome to Unit 1008 at Watercrest, one of the most desirable residences on the Emerald Coast. With 1,441 square feet, this beautifully designed 2-bedroom, open-concept condo delivers everything buyers want--and very few ever get! Why is the 08 stack so coveted? Simple: more direct Gulf-front windows than any other unit in the building--and arguably on the beach. The views are breathtaking, expansive, and impossible to replicate. Then there's the massive Gulf-front balcony--a true showstopper. Designed for entertaining, it comfortably hosts 20+ guests for sunset cocktails, coastal breezes, and unforgettable evenings overlooking miles of emerald water and sugar-white sand! Perched on the 10th floor, this unit hits the sweet spot. High enough for panoramic views and privacy, yet low enough to clearly see the pool, beach, and ocean--while staying comfortably above the noise of lower floors. Guests and owners alike love this level! Watercrest is widely regarded as one of the premier Gulf-front condominiums on Panama City Beach, and opportunities like this are increasingly rare. Units in this location, with this floor plan and view, do not last! If owning a standout beachfront property is your goal, now is the time to act. Prime locations like this are always in demand--and rarely available. Don't miss your chance to claim one of the finest condos on the beach!
| Elementary School | Middle School | High School |
|---|---|---|
| Patronis Elementary School | Surfside Middle School | Arnold High School |
| Price History | |
|---|---|
| 12/16/2025 | Listed $729,900 |
| 2/19/2026 | Listed $729,800 |
| 2/27/2026 | Listed $729,700 |
| 3/5/2026 | Listed $729,600 |
| 3/13/2026 | Listed $729,500 |
| 4/7/2026 | 4$699,900 |
| 6/5/2026 | Listed $699,800 |
| 7/3/2026 | Listed $699,700 |
| 7/17/2026 | Listed $699,600 |
| 8/7/2026 | Listed $699,500 |
| 8/21/2026 | Listed $699,400 |
General Features
| Sewer | Public Sewer |
|---|---|
| Utilities | Cable Connected,Electricity Available,High Speed Internet Available,Phone Connected,Underground Utilities |
| Property Subtype | Condominium |
| Tax Year | 2024 |
| Community Features | Beach,Clubhouse,Conference/Meeting Room,Elevator,Fitness Center,Game Room,Park,Pool,Shopping,Tennis Court(s),Waterfront,Barbecue,Short Term Rental Allowed |
| County | Bay |
| Property Type | Residential |
| HOA | true |
| Subdivision Name | Watercrest Condo |
| Special Listing Conditions | Listed As-Is |
| Status | Active |
| Directions | 6201 Thomas Drive 1008 Panama City Beach, FL 32408 |
| High School | Arnold |
| City | Panama City |
| Zoning Description | Resid Multi-Family |
| MLS Area | 03 - Bay County - Beach |
| Elementary School | Patronis |
| Tax Annual Amount | 5629 |
| Middle/Junior High School | Surfside |
| MLS Area Minor | 0323 - Beach - South of Grand Lagoon |
| Standard Status | Active |
| Property Sub Type Additional | Condominium |
| Association Amenities | Beach Rights,Game Room,Barbecue |
| Occupancy Type | Tenant |
| Waterfront Features | Gulf,Shoreline - Sand |
| Year Built | 1987 |
| Association Fee Includes | Association Management,Clubhouse,Cable TV,Fitness Facility,Insurance,Legal/Accounting,Maintenance Grounds,Pool(s),Security,Tennis Courts,Trash |
| Heating | Electric |
| Cooling | Central Air,Ceiling Fan(s) |
| Appliances | Electric Oven,Electric Range,Electric Water Heater |
| Patio/Porch Features | Balcony |
| Construction Materials | Concrete,Stucco |
| View | Gulf |
| Attached Garage | false |
| Garage Y/N | false |
| Total Rooms | 4 |
| Full Baths | 2 |
| Architectural Style | High Rise |
| HOA Fee | 3104 |
| Assoc Fee Paid Per | Quarterly |
| Pool Features | In Ground,Community,Private |
| Security Features | Fire Escape,Fire Sprinkler System,24 Hour Security,Security Lights,Smoke Detector(s),Security Service |
| Unit Number | 1008 |
| New Construction | false |
Interior Features
| Total Baths | 2 |
|---|---|
| Interior Amenities | Main Level Primary |
| Furnished Units | All Units |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Total Bedrooms | 2 |
| LivingAreaSource | Appraiser |
Exterior Features
| Lot Dimensions | 0x0 |
|---|---|
| Road Frontage Type | City Street |
| Parking Features | Parking Lot |
| Building Area Total | 1441 |
| Waterfront Y/N | true |
| Exterior Amenities | Barbecue,Outdoor Shower |
| Road Responsibility | Public Maintained Road |
| Foundation Details | Pillar/Post/Pier |
| Private Pool | true |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Pets
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Condos Average in 32408
In The Neighborhood
Panama City
$ 634,900
- Type
- Condos
- Size
- 1,404 SqFt
- Rooms
- 2 Beds + 2 Baths
Panama City
$ 599,900
- Type
- Condos
- Size
- 1,404 SqFt
- Rooms
- 2 Beds + 2 Baths
Panama City
$ 569,500
- Type
- Condos
- Size
- 1,379 SqFt
- Rooms
- 2 Beds + 2 Baths
Emerald Coast Association of REALTORS®, Inc. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
Listing data provided by: Central Panhandle Association of Realtors (CPAR)
Information deemed reliable but not guaranteed. The 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.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating