6201 Thomas Drive 1607, Panama City, FL 32408 (MLS# 787342)

6201 Thomas Drive 1607, Panama City, FL 32408

$724,900

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,441 Status: Active

Current Price: $724,900 List Date: 3/25/2026 Last Modified: 6/05/2026

Overview

Description

THERE IS GREAT POTENTIAL TO MAKE MONEY ON THIS CONDO! If you've been searching for the perfect beachfront condo on Panama City Beach, your opportunity has arrived. Welcome to Unit 1607 at Watercrest–one of the most sought-after addresses on the Emerald Coast. Spanning 1,441 square feet, this 3-bedroom, open-concept residence offers a rare combination of space, layout, and views that discerning buyers are always chasing–and seldom find. Positioned in the highly coveted ''07 stack,'' this unit boasts more direct Gulf-front windows than nearly any other in the building, flooding the interior with natural light and showcasing truly panoramic, unobstructed views of the emerald waters and sugar-white sands. Step outside to what is arguably one of the most impressive balconies on the beach. Expansive and built for entertaining, this Gulf-front terrace can comfortably host 20+ guests–perfect for sunset gatherings, coastal breezes, and unforgettable evenings overlooking miles of prist … (Read more) THERE IS GREAT POTENTIAL TO MAKE MONEY ON THIS CONDO! If you’ve been searching for the perfect beachfront condo on Panama City Beach, your opportunity has arrived. Welcome to Unit 1607 at Watercrest–one of the most sought-after addresses on the Emerald Coast. Spanning 1,441 square feet, this 3-bedroom, open-concept residence offers a rare combination of space, layout, and views that discerning buyers are always chasing–and seldom find. Positioned in the highly coveted ”07 stack,” this unit boasts more direct Gulf-front windows than nearly any other in the building, flooding the interior with natural light and showcasing truly panoramic, unobstructed views of the emerald waters and sugar-white sands. Step outside to what is arguably one of the most impressive balconies on the beach. Expansive and built for entertaining, this Gulf-front terrace can comfortably host 20+ guests–perfect for sunset gatherings, coastal breezes, and unforgettable evenings overlooking miles of pristine shoreline. Located on the 16th floor, this unit strikes the ideal balance: high enough for sweeping, private views, yet low enough to keep you connected to the pool, beach, and shoreline activity–without the noise of lower levels. It’s a perspective both owners and guests consistently prefer. Now, here’s where the opportunity becomes truly compelling: this condo is priced $75,000 below market value, giving you the rare chance to create a fully customized beachfront retreat tailored to your exact taste. Instead of settling for someone else’s design choices, you can transform this already exceptional space into a modern coastal showpiece–while instantly building equity. Watercrest is widely regarded as one of the premier Gulf-front communities on Panama City Beach, and inventory in this building–especially in this stack and layout–is extremely limited. Whether you’re seeking a luxury personal escape, a high-demand rental investment, or both, this property delivers location, layout, views, and upside in one compelling package. Opportunities like this don’t wait–and neither should you. Secure your place on the beach and turn this exceptional value into your own one-of-a-kind coastal masterpiece!

Listing Details MLS# 787342

Contract Info

List Price/SqFt: 503.05

Location

Area: 03 – Bay County – Beach
Street #: 6201
Street Name: Thomas
Street Suffix: Drive
Unit #: 1607
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: 30585-347-000
Elementary School: Patronis
Middle School: Surfside
High School: Arnold
Directions: 6201 Thomas Drive 1607 Panama City Beach, FL 32408
Legal Description: WATERCREST CONDO UNIT 1607 (TYPE D) ORB 1149 P 1677 3BR 3B 1441 H&C ORB 3633 P 1071

General Property Info

Sub-Type: Condominium
Floor Number: 16
Design: High-Rise (8+ floors)
Apx SqFt(Htd/Cooled): 1441
SqFt Source: Prop App Site
Full Baths: 3
Total Baths: 3
Year Built: 1987
Construction Status: Construction Complete
New Construction: No
Garage Y/N: No
Lot Dimensions: 0x0
Pool: Yes
Pool Type: Community

Listing Info, Tax and Legal

HOA Fee: Yes
HOA Amount: 3378
HOA Frequency: Quarterly
HOA Annual Amount: 13512
New Buyer Fee: No
Last Taxes: 6187
Last Tax Year: 2025
Brokerage Interest: No Interest
Condo Doc: Yes

Remarks & Misc

Remarks: THERE IS GREAT POTENTIAL TO MAKE MONEY ON THIS CONDO! If you've been searching for the perfect beachfront condo on Panama City Beach, your opportunity has arrived. Welcome to Unit 1607 at Watercrest–one of the most sought-after addresses on the Emerald Coast. Spanning 1,441 square feet, this 3-bedroom, open-concept residence offers a rare combination of space, layout, and views that discerning buyers are always chasing–and seldom find. Positioned in the highly coveted ''07 stack,'' this unit boasts more direct Gulf-front windows than nearly any other in the building, flooding the interior with natural light and showcasing truly panoramic, unobstructed views of the emerald waters and sugar-white sands. Step outside to what is arguably one of the most impressive balconies on the beach. Expansive and built for entertaining, this Gulf-front terrace can comfortably host 20+ guests–perfect for sunset gatherings, coastal breezes, and unforgettable evenings overlooking miles of pristine shoreline. Located on the 16th floor, this unit strikes the ideal balance: high enough for sweeping, private views, yet low enough to keep you connected to the pool, beach, and shoreline activity–without the noise of lower levels. It's a perspective both owners and guests consistently prefer. Now, here's where the opportunity becomes truly compelling: this condo is priced $75,000 below market value, giving you the rare chance to create a fully customized beachfront retreat tailored to your exact taste. Instead of settling for someone else's design choices, you can transform this already exceptional space into a modern coastal showpiece–while instantly building equity. Watercrest is widely regarded as one of the premier Gulf-front communities on Panama City Beach, and inventory in this building–especially in this stack and layout–is extremely limited. Whether you're seeking a luxury personal escape, a high-demand rental investment, or both, this property delivers location, layout, views, and upside in one compelling package. Opportunities like this don't wait–and neither should you. Secure your place on the beach and turn this exceptional value into your own one-of-a-kind coastal masterpiece!

Master Bathroom

First: Yes

More Information

Pool Features

Heated – Gas: Yes
Inground: Yes
Spa/ Hot Tub: Yes

Appliances

Dishwasher: Yes
Dryer: Yes
Freezer: Yes
Ice Maker: Yes
Microwave: Yes
Oven – Electric: Yes
Range – Electric: Yes
Washer: Yes
Water Heater – Electric: Yes

Interior Features

Breakfast Bar: Yes
Floor – Tile: Yes

Construction/Siding

Concrete: Yes
Foundation – On Piling: Yes
Steel/Frame: Yes
Siding – Stucco: Yes

Exterior

Balcony: Yes

Waterfront Feature

Shore – Beach: Yes
Shore – Natural: Yes

Other Structures

Tennis Court(s): Yes

Association Fees Include

Accounting: Yes
Beach: Yes
Community Room: Yes
Dumpster: Yes
Exercise Room: Yes
Game Room: Yes
Ground Keeping: Yes
Internet-WiFi: Yes
Management: Yes
Pest Control: Yes
Security: Yes
Sewer: Yes
Telephone: Yes
Trash Disposal: Yes
TV Cable: Yes
Water: Yes

Financing

Cash: Yes
Conventional: Yes

Furnished

Furnished: Yes

Kitchen

First: Yes

Lot Features

Dedicated Beach: Yes
Waterfront: Yes

Lot Access

City Street: Yes

Parking Features

Other – See Remarks: Yes
Parking Lot: Yes

Present Zoning

Resid Multi-Family: Yes

Association Amenities

BBQ Pit/Grill: Yes
Beach: Yes
Community Room: Yes
Elevators: Yes
Exercise Room: Yes
Fishing: Yes
Game Room: Yes
Pool: Yes
Security-24 hour: Yes
Tennis: Yes
Pickle Ball: Yes

Rooms

Bedroom: Yes
Full Bathroom: Yes
Kitchen: Yes
Master Bathroom: Yes
Master Bedroom: Yes

Utilities

TV Cable: Yes
Electricity – Connected: Yes
Internet – Broadband Available: Yes
Phone – Connected: Yes
Public Sewer – Connected: Yes
Public Water – Connected: Yes
Underground Utilities: Yes

Waterview

Gulf: Yes

Sale Type

As Is: Yes

Full Bathroom

First: Yes

Waterfront Type

Gulf: Yes

Master Bedroom

First: Yes

Bedroom

First: Yes

Cooling

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

Heating

Central: Yes
Electric: Yes

Security Features

Building Security: Yes
Fire Alarm: Yes
Fire Escape: Yes
Smoke Detector(s): Yes

Property Features

Appliances: Dishwasher; Dryer; Freezer; Ice Maker; Microwave; Oven – Electric; Range – Electric; Washer; Water Heater – Electric Full Bathroom: First Master Bedroom: First Bedroom: First Cooling: Ceiling Fan(s); Central Air; Electric Heating: Central; Electric Exterior: Balcony Association Fees Include: Accounting; Beach; TV Cable; Community Room; Dumpster; Exercise Room; Game Room; Internet-WiFi; Ground Keeping; Management; Pest Control; Security; Sewer; Telephone; Trash Disposal; Water Financing: Cash; Conventional Furnished: Furnished Kitchen: First Lot Features: Dedicated Beach; Waterfront Lot Access: City Street Master Bathroom: First Pool Features: Heated – Gas; Inground; Spa/ Hot Tub Security Features: Building Security; Fire Alarm; Fire Escape; Smoke Detector(s) Parking Features: Other – See Remarks; Parking Lot Other Structures: Tennis Court(s) Association Amenities: BBQ Pit/Grill; Beach; Community Room; Elevators; Fishing; Exercise Room; Game Room; Pickle Ball; Pool; Security-24 hour; Tennis Rooms: Bedroom; Full Bathroom; Kitchen; Master Bathroom; Master Bedroom Sale Type: As Is Utilities: TV Cable; Electricity – Connected; Internet – Broadband Available; Phone – Connected; Public Sewer – Connected; Public Water – Connected; Underground Utilities Waterfront Type: Gulf Waterfront Feature: Shore – Beach; Shore – Natural Waterview: Gulf Present Zoning: Resid Multi-Family

Room Information

Room Name	Level	Dimensions	Length	Width
Master Bedroom	First	14 x 13	14.00	13.00
Bedroom	First	14 x 13	14.00	13.00
Bedroom	First	14 x 13	14.00	13.00
Kitchen	First	12 x 11	12.00	11.00
Master Bathroom	First	6 x 7	6.00	7.00
Full Bathroom	First	7 x 6	7.00	6.00
Full Bathroom	First	6 x 7	6.00	7.00

Listing Office: Realty Mark Associates

Last Updated: June – 05 – 2026

Information deemed reliable but not guaranteed.