Address
6201 Thomas Drive 401, Panama City, FL
Price
$ 625,000
Property Attributes
- MLS#783667
- TypeCondos
- Listing Status Active
- CountyBay
- CityPanama City
- Area03 - Bay County - Beach
- NeighborhoodWatercrest Condo
- Zip32408
- Style
- Year Built1987
- Taxes$ 7102
- Price$ 625,000
- Bedrooms2
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1367
Data Source:
Central Panhandle Association of REALTORS® (CPAR)
Property Description
PRICE POINT LISTED UNDER VALUE!!!!!WELCOME TO YOUR NEW PERSONAL HOME OR INVESTMENT CONDO!!! 80-100K GROSS RETURN ON INVESTMENT PROJECTED depending on the use of the owner. See documents for actual rentals since January 2025. SUNRISE AND SUNSET VIEWS FROM YOUR BEDROOM TO THE MAIN LIVING AREA! WALK IN AND DO NOTHING BUT REST AND RELAX OR RENT AND RETURN! CASH YOUR MAILBOX MONEY NOW! THIS UNIT IS CURRENTLY ON THE RENTAL MARKET AND IS HEAVILY RENTED SO CALL FOR TURN DATES. DESIGNER FURNITURE AND ALL DECOR CONVEYS. Spectacular views of the Gulf with this gorgeous East end unit with WRAP AROUND BALCONY. This is a totally renovated condo from floor to ceiling. There are upgrades and personal touches to this condo that make it a stand out in the building. The condo building itself has had several big renovations in the last several years to include new hurricane windows and sliders....Current renovations as of January 2026 thru March 2026 which are fully funded by the reserves include new exterior paint, new balcony railings and renovation of balconies. The windows and slider doors, pool, pool deck and hot tub were also been renovated in the last 6 years. Watercrest Amenities include a heated pool, hot tub, kid's pool, BBQ grills, exercise room, conference room, tennis courts, Pickle Ball court, shuffleboard, and a poolside tiki bar. There are also on-site vending machines, an ice machine, and ATM. Across the street you will find over flow parking and a storage area for your jet skis, boat, or trailer. WATERCREST is close to many kid and adult activities as well as too many to count local restaurants and pubs. Walmart, Publix, Winn Dixie are just minutes from the complex. WONDER WHAT IS GOING ON NEXT DOOR TO WATERCREST? HADLEY'S BEACH..... NO OBSTRUCTION FROM THOSE NEW HOME BUILTS TO THIS CONDO. THESE WILL BE HOUSES NOT A HIGH RISE COMMUNITY. The HOA is onsite on the 3rd floor making it easy for owners to communicate. Don't miss out. The reserve and integrity study is too large to add to documents please have your agent request and I will email
| Elementary School | Middle School | High School |
|---|---|---|
| Patronis Elementary School | Surfside Middle School | Arnold High School |
| Price History | |
|---|---|
| 1/14/2026 | Listed $750,000 |
| 2/1/2026 | 1$739,900 |
| 7/7/2026 | 2$725,000 |
| 7/18/2026 | 3$700,000 |
| 8/7/2026 | 3$679,900 |
| 8/29/2026 | 4$650,000 |
| 9/15/2026 | 4$625,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Utilities | Cable Connected,Electricity Available |
| Property Subtype | Condominium |
| Tax Year | 2025 |
| Community Features | Beach,Fitness Center,Pool,Tennis Court(s),Barbecue,Community Pool,Short Term Rental Allowed |
| County | Bay |
| Property Type | Residential |
| HOA | true |
| Subdivision Name | Watercrest Condo |
| Special Listing Conditions | Listed As-Is |
| Status | Active |
| Buyer Financing | Other |
| Directions | From the Hathaway bridge travel south on Navy Drive, go past the curve where Newby's is at and continue on for about a mile. Watercrest will be on your left. Look for the big green ''W'' on the front of the building. |
| High School | Arnold |
| City | Panama City |
| Zoning Description | Resort |
| MLS Area | 03 - Bay County - Beach |
| Elementary School | Patronis |
| Tax Annual Amount | 7102 |
| Middle/Junior High School | Surfside |
| MLS Area Minor | 0323 - Beach - South of Grand Lagoon |
| Standard Status | Active |
| Property Sub Type Additional | Condominium |
| Association Amenities | Other,See Remarks,Beach Rights,Barbecue |
| Other Structures | Other,Tennis Court(s) |
| Occupancy Type | Occupied |
| Waterfront Features | Gulf,Shoreline - Sand |
| Year Built | 1987 |
| Association Fee Includes | Association Management,Cable TV,Fitness Facility,Internet,Legal/Accounting,Maintenance Grounds,Other,Pool(s),Sewer,See Remarks,Security,Tennis Courts,Trash,Water |
| Heating | Central,Electric |
| Cooling | Central Air |
| Appliances | Electric Cooktop,Electric Oven,Electric Water Heater,Ice Maker |
| Patio/Porch Features | Balcony |
| Construction Materials | Stucco |
| View | Gulf |
| Attached Garage | false |
| Garage Y/N | false |
| Total Rooms | 3 |
| Full Baths | 2 |
| Architectural Style | High Rise |
| Stories Count | 18 |
| HOA Fee | 3224.13 |
| Assoc Fee Paid Per | Quarterly |
| Pool Features | Electric Heat,In Ground,Community |
| Security Features | Fire Sprinkler System,24 Hour Security,Security Guard,Fire Alarm,Smoke Detector(s),Security Service |
| Unit Number | 401 |
| New Construction | false |
| Number Of Units Total | 174 |
Interior Features
| Total Baths | 2 |
|---|---|
| Interior Amenities | Balcony,Double Vanity,Main Level Primary,Walk-In Closet(s) |
| Furnished Units | All Units |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Total Bedrooms | 2 |
| LivingAreaSource | Appraiser |
| Window Features | Storm Window(s) |
| Total Stories | 18 |
Exterior Features
| Lot Dimensions | 0x0 |
|---|---|
| Road Frontage Type | City Street |
| Parking Features | Additional Parking,Parking Lot |
| Building Area Total | 1367 |
| Waterfront Y/N | true |
| Exterior Amenities | Barbecue |
| Road Responsibility | Public Maintained Road |
| Door Features | Storm Door(s) |
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
Price
Taxes
Year Built
In The Neighborhood
Panama City
$ 634,900
6201 Thomas Drive 702
Panama City, FL 32408
- Type
- Condos
- Size
- 1,404 SqFt
- Rooms
- 2 Beds + 2 Baths
Panama City
$ 599,900
6201 Thomas Drive 609
Panama City, FL 32408
- Type
- Condos
- Size
- 1,404 SqFt
- Rooms
- 2 Beds + 2 Baths
Panama City
$ 569,500
6201 Thomas Drive 406
Panama City, FL 32408
- 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
