6201 Thomas Drive 1402, Panama City Beach, FL 32408 (MLS# 789472)

6201 Thomas Drive 1402, Panama City Beach, FL 32408

$499,000

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,404 Status: Pending

Current Price: $499,000 List Date: 5/06/2026 Last Modified: 7/08/2026

Overview

Description

In a market full of noise, buyers want two things: LOW price and AMAZING views–and this one has BOTH!!! This 2-bedroom end unit at Watercrest is priced as the lowest in the entire building, giving you an incredible opportunity to walk in with instant equity and serious cash flow potential. And the views? Absolutely unreal. Being a corner unit, you get unobstructed panoramic Gulf views, extra windows, tons of natural light, and that open, elevated feel buyers and renters go crazy for. This is the kind of property that doesn’t just sit–it performs. With this price point + these views, you’re perfectly positioned to attract more bookings, increase rental income, and maximize returns. Plus, Watercrest offers a tennis court, adding even more appeal for guests and owners alike. Deals like this don’t last–especially when they check every box. If you’re looking for value, views, and income potential… this is the one!!!

Listing Details MLS# 789472

Contract Info

List Price/SqFt: 355.41

Location

Area: 03 – Bay County – Beach
Street #: 6201
Street Name: Thomas
Street Suffix: Drive
Unit #: 1402
State: FL
Zip Code: 32408
County: Bay
Sub Area: 0323 – Beach – South of Grand Lagoon
Subdivision: Watercrest Condo
Community/Resort: None
Waterfront: Yes
Gulf Access: Yes
Parcel ID: 30585-322-000
Elementary School: Patronis
Middle School: Surfside
High School: Arnold
Directions: From the Hathaway Bridge, head south onto Thomas Drive and continue for about 5-7 miles toward the east end of the beach; after passing Regency Towers and getting close to Schooners Beach Club, you'll find Watercrest Condominium on the left side–look for the large green ''W'' sign, then turn into the driveway and proceed to parking, take the elevator to the 14th floor, and head to Unit 1402.
Legal Description: WATERCREST CONDO UNIT 1402 (TYPE B) ORB 1149 P 1677 2BR 2B 1404 H&C ORB 3537 P 2247 . ORB 4291 P 1497

General Property Info

Sub-Type: Condominium
Floor Number: 14
Design: High-Rise (8+ floors)
Apx SqFt(Htd/Cooled): 1404
SqFt Source: Prop App Site
Full Baths: 2
Total Baths: 2
Year Built: 1987
Construction Status: Construction Complete
New Construction: No
Garage Y/N: No
Lot Dimensions: 0*0
Pool: Yes
Pool Type: Community

Status Change Info

Under Contract Date: 2026-07-08

Listing Info, Tax and Legal

HOA Fee: Yes
HOA Amount: 3298.59
HOA Frequency: Quarterly
HOA Annual Amount: 13194.36
New Buyer Fee: No
Brokerage Interest: No Interest
As Is: Yes
Condo Doc: Yes

Remarks & Misc

Remarks: In a market full of noise, buyers want two things: LOW price and AMAZING views–and this one has BOTH!!! This 2-bedroom end unit at Watercrest is priced as the lowest in the entire building, giving you an incredible opportunity to walk in with instant equity and serious cash flow potential. And the views? Absolutely unreal. Being a corner unit, you get unobstructed panoramic Gulf views, extra windows, tons of natural light, and that open, elevated feel buyers and renters go crazy for. This is the kind of property that doesn't just sit–it performs. With this price point + these views, you're perfectly positioned to attract more bookings, increase rental income, and maximize returns. Plus, Watercrest offers a tennis court, adding even more appeal for guests and owners alike. Deals like this don't last–especially when they check every box. If you're looking for value, views, and income potential… this is the one!!!

More Information

Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Ice Maker: Yes
Microwave: Yes
Range – Electric: Yes
Refrigerator: Yes
Washer: Yes
Water Heater – Electric: Yes

Interior Features

Floor – Tile: Yes
Pantry: Yes

Exterior

Balcony: Yes

Waterfront Feature

Shore – Beach: Yes

Association Fees Include

Dumpster: Yes
Ground Keeping: Yes
Internet Service: Yes
Internet-WiFi: Yes
Management: Yes
Master Association: Yes
Pool: Yes
Sewer: Yes
Trash Disposal: Yes
Water: Yes
Whirlpool: Yes
Irrigation: Yes

Financing

Cash: Yes
Conventional: Yes

Furnished

Unfurnished: Yes

Interior

Floor – Carpet: Yes

Kitchen

First: Yes

Parking Features

Parking Lot: Yes

Present Zoning

Resid Multi-Family: Yes

Association Amenities

Beach: Yes
Dumpster: Yes
Exercise Room: Yes
Pool: Yes
Tennis: Yes
Waterfront: Yes
Recreation Facilities: Yes

Rooms

Kitchen: Yes
Primary Bedroom: Yes

Utilities

Cable – Available: Yes
Electricity – Connected: Yes
Internet – Broadband Available: Yes
Public Sewer – Connected: Yes
Public Water – Connected: Yes

Waterview

Gulf: Yes
Unobstructed: Yes

Sale Type

As Is: Yes

Waterfront Type

Gulf: Yes

Primary Bedroom

First: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes
Electric: Yes

Heating

Central: Yes
Electric: Yes

Primary Bdrm/Primary Bath

MBed Balcony: Yes
MBed Waterfront: Yes

Primary Bath/Primary Bdrm

MBath Shower/Tub Combo: Yes

Security Features

Fire Sprinkler System: Yes
Smoke Detector(s): Yes

Property Features

Appliances: Dishwasher; Disposal; Dryer; Ice Maker; Microwave; Range – Electric; Refrigerator; Washer; Water Heater – Electric Primary Bedroom: First Cooling: Ceiling Fan(s); Central Air; Electric Heating: Central; Electric Exterior: Balcony Association Fees Include: Dumpster; Internet Service; Internet-WiFi; Irrigation; Ground Keeping; Management; Master Association; Pool; Sewer; Whirlpool; Trash Disposal; Water Financing: Cash; Conventional Furnished: Unfurnished Interior: Floor – Carpet Kitchen: First Security Features: Fire Sprinkler System; Smoke Detector(s) Parking Features: Parking Lot Association Amenities: Beach; Dumpster; Exercise Room; Pool; Recreation Facilities; Tennis; Waterfront Rooms: Kitchen; Primary Bedroom Sale Type: As Is Utilities: Cable – Available; Electricity – Connected; Internet – Broadband Available; Public Sewer – Connected; Public Water – Connected Waterfront Type: Gulf Waterfront Feature: Shore – Beach Waterview: Gulf; Unobstructed Present Zoning: Resid Multi-Family

Room Information

Room Name	Level	Dimensions	Length	Width	Remarks
Primary Bedroom	First	15 x 13	15.00	13.00	If important to buyer please verify
Kitchen	First	10 x 6	10.00	6.00	If important to buyer please verify

Listing Office: Salty Marlin Realty LLC

Last Updated: July – 08 – 2026

Information deemed reliable but not guaranteed.