Property Attributes
- MLS#788806
- TypeCondos
- Listing Status Closed
- CountyBay
- CityPanama City
- Area03 - Bay County - Beach
- NeighborhoodWatercrest Condo
- Zip32408
- Style
- Year Built1987
- Taxes$ 6801
- Price$ 670,000
- Bedrooms2
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1367
Data Source:
Central Panhandle Association of REALTORS® (CPAR)
Property Description
CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. Welcome to Watercrest 1510, a stunning beachfront retreat in the heart of Panama City Beach, Florida. Perfectly perched on the 15th floor, this luxurious two-bedroom, two-bath condominium delivers everything you envision when you picture coastal paradise--panoramic ocean views, warm Gulf breezes, and unforgettable sunsets over sugar-white sands! There is a third sleeping area with bunks that is generating additional rental revenue. This property has a proven rental history, making it an outstanding investment and personal escape in one. Guests return year after year for its unbeatable location and sophisticated comfort. Recently refreshed with over $110,000 in renovations, Watercrest 1510 shines with style and attention to detail. Fresh finishes, modern furnishings, and an open-concept design showcase coastal elegance while maintaining easy, livable charm! Step inside and you're immediately greeted by breathtaking, floor-to-ceiling views of the Gulf of Mexico. The light-filled living area opens directly to a wraparound balcony--a signature feature of this unit--offering nearly endless horizons and sea breezes from sunrise to sunset. There's space for morning coffee, leisurely lunches, or sunset cocktails as the sky transforms into shades of gold and coral. A second private balcony extends the outdoor living space, giving you multiple vantage points to take in the view and overlooking the tennis courts! Inside, the kitchen features upgraded appliances, sleek countertops, and new cabinetry--designed for both beauty and functionality. The bedrooms are tranquil retreats, the master suite featuring direct balcony access and an oceanfront panorama that makes waking up feel extraordinary. Every corner has been curated for relaxation, from the luxurious bathrooms to the thoughtful coastal décor! Watercrest is one of Panama City Beach's most desirable resorts, known for its prime beachfront location and array of amenities. Enjoy a large beachfront pool, hot tub, kiddie pool, fitness center, tennis courts, and direct access to the soft sands of the Gulf coast. The building is well-maintained and conveniently situated near top local attractions, dining, and entertainment--everything you or your guests could want within minutes! Whether you're seeking an income-producing investment or a private oceanfront getaway, Watercrest 1510 delivers the best of both worlds: modern comfort, timeless views, and the ultimate Panama City Beach lifestyle. With turnkey upgrades, a strong rental record, and a setting built for memory-making, this is your chance to own a piece of Gulf Coast perfection! Watercrest 1510--where every sunset feels like it was meant just for you!
| Elementary School | Middle School | High School |
|---|---|---|
| Patronis Elementary School | Surfside Middle School | Arnold High School |
| Price History | |
|---|---|
| 4/23/2026 | Listed $720,000 |
| 6/5/2026 | Listed $719,900 |
| 6/15/2026 | Listed $719,800 |
| 7/3/2026 | Listed $719,700 |
| 7/17/2026 | Listed $719,600 |
General Features
| Sewer | Public Sewer |
|---|---|
| Utilities | Cable Connected,Electricity Available,High Speed Internet Available |
| Property Subtype | Condominium |
| Tax Year | 2025 |
| Community Features | Barbecue,Beach,Conference/Meeting Room,Elevator,Fitness Center,Game Room,Pool,Tennis Court(s),Waterfront,Short Term Rental Allowed |
| County | Bay |
| Property Type | Residential |
| HOA | true |
| Subdivision Name | Watercrest Condo |
| Special Listing Conditions | Listed As-Is |
| Status | Closed |
| Directions | 6201 Thomas Drive 1510 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 | 6801 |
| Middle/Junior High School | Surfside |
| MLS Area Minor | 0323 - Beach - South of Grand Lagoon |
| Standard Status | Closed |
| Property Sub Type Additional | Condominium |
| Association Amenities | Beach Rights,Game Room,Spa/Hot Tub |
| Occupancy Type | Tenant |
| Waterfront Features | Gulf,Shoreline - Sand,Shoreline - Natural |
| Year Built | 1987 |
| Association Fee Includes | Association Management,Clubhouse,Fitness Facility,Insurance,Internet,Legal/Accounting,Maintenance Grounds,Pool(s),Sewer,Security,Tennis Courts,Trash,Water |
| Heating | Central,Electric |
| Cooling | Central Air,Ceiling Fan(s) |
| Appliances | Electric Cooktop,Electric Oven,Electric Water Heater,Ice Maker |
| Patio/Porch Features | Balcony |
| Construction Materials | Concrete,Stucco |
| View | Gulf |
| Garage Y/N | false |
| Total Rooms | 3 |
| Full Baths | 2 |
| Architectural Style | High Rise |
| HOA Fee | 3298.59 |
| Assoc Fee Paid Per | Quarterly |
| Pool Features | In Ground,Community,Private |
| Security Features | Building Security,Fire Escape,Fire Sprinkler System,24 Hour Security,Fire Alarm,Smoke Detector(s) |
| Unit Number | 1510 |
| New Construction | false |
| Spa Features | Community |
Interior Features
| Total Baths | 2 |
|---|---|
| Interior Amenities | Balcony,Coffered Ceiling(s),Double Vanity,Main Level Primary,Smart Thermostat,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) |
Exterior Features
| Lot Dimensions | 0x0 |
|---|---|
| Road Frontage Type | City Street |
| Building Area Total | 1367 |
| Waterfront Y/N | true |
| Road Responsibility | Public Maintained Road |
| Door Features | Storm Door(s) |
| 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
Panama City
$ 685,000
- Type
- Condos
- Size
- 1,441 SqFt
- Rooms
- 3 Beds + 3 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