6201 Thomas Drive 207, Panama City, FL 32408

$800,000
Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,441 Status: Active
Current Price: $800,000 List Date: 12/22/2025 Last Modified: 2/27/2026

Description

Experience the ultimate in coastal luxury with this fully renovated Gulf-front 3-bedroom, 3-bathroom condo at the highly sought-after Watercrest Condominiums on the east end of Panama City Beach, Florida. Whether you’re seeking a high-performing short-term rental investment, a primary residence, or a vacation retreat, this property delivers the perfect blend of comfort, style, and location. Property Highlights: 3 Bedrooms | 3 Bathrooms | Sleeps 14 2 Masters bedrooms on the Gulf Second-floor unit offering breathtaking Gulf views from the spacious private balcony Total renovation with luxury vinyl plank (LVP) flooring throughout Designer bathrooms featuring custom tile showers, with one bathroom including a tub/shower combo Custom-built bunk beds in the third bedroom designed for adult and child comfort Open-concept living and dining area with modern finishes and coastal-inspired décor Amenities Enjoy resort-style living with access to exceptional amenities, including: Heated beachfront pool and hot tub Tennis and pickleball courts 24-hour onsite security for peace of mind Private beach access just steps from your door Location:Perfectly positioned on the east end of Panama City Beach, Watercrest offers walking distance to local restaurants, beach bars, and family-friendly activities. Whether you’re exploring nearby St. Andrews State Park, enjoying a sunset dinner, or simply relaxing on your balcony, this condo offers the ideal coastal lifestyle. Investment Potential: With its prime beachfront location, luxury upgrades, and high sleeping capacity, this condo is a turnkey short-term rental machine ready to generate strong rental income from day one. Discover your piece of paradise at Watercrest — where luxury, location, and lifestyle meet.

More Information MLS# 782898

Listing Info, Tax and Legal

Homestead: Yes HOA Fee: Yes HOA Amount: 3378.02 HOA Frequency: Quarterly HOA Annual Amount: 13512.08 New Buyer Fee: No Last Taxes: 5718 Last Tax Year: 2024 Brokerage Interest: No Interest As Is: Yes Condo Doc: Yes

Contract Info

List Price/SqFt: 555.17 Status: Active List Date: 2025-11-11 List Price: $800,000 Current Price: $800,000

Location

Unit #: 207 Sub Area: 0323 – Beach – South of Grand Lagoon Community/Resort: None Waterfront: Yes Gulf Access: Yes Elementary School: Patronis Middle School: Surfside High School: Arnold 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 Area: 03 – Bay County – Beach Street #: 6201 Street Name: Thomas Street Suffix: Drive State: FL Zip Code: 32408 County: Bay Subdivision: Watercrest Condo Parcel ID: 30585-217-000 Legal Description: WATERCREST CONDO UNIT 207 (TYPE D) ORB 1938 P 389 ORB 2060 P 1561 3BR 3B 1441 H&C ORB 2246 P2306

General Property Info

Floor Number: 1 Design: High-Rise (8+ floors) Apx SqFt(Htd/Cooled): 1441 Construction Status: Construction Complete SqFt Source: Prop App Site # of Stories in Building: 18 # of Units in Bldg: 174 Lot Dimensions: 0x0 New Construction: No Garage Y/N: No Pool: Yes Pool Type: Community Sub-Type: Condominium Bedrooms: 3 Full Baths: 3 Total Baths: 3 Year Built: 1987

Remarks & Misc

Remarks: Experience the ultimate in coastal luxury with this fully renovated Gulf-front 3-bedroom, 3-bathroom condo at the highly sought-after Watercrest Condominiums on the east end of Panama City Beach, Florida. Whether you’re seeking a high-performing short-term rental investment, a primary residence, or a vacation retreat, this property delivers the perfect blend of comfort, style, and location. Property Highlights: 3 Bedrooms | 3 Bathrooms | Sleeps 14 2 Masters bedrooms on the Gulf Second-floor unit offering breathtaking Gulf views from the spacious private balcony Total renovation with luxury vinyl plank (LVP) flooring throughout Designer bathrooms featuring custom tile showers, with one bathroom including a tub/shower combo Custom-built bunk beds in the third bedroom designed for adult and child comfort Open-concept living and dining area with modern finishes and coastal-inspired décor Amenities Enjoy resort-style living with access to exceptional amenities, including: Heated beachfront pool and hot tub Tennis and pickleball courts 24-hour onsite security for peace of mind Private beach access just steps from your door Location:Perfectly positioned on the east end of Panama City Beach, Watercrest offers walking distance to local restaurants, beach bars, and family-friendly activities. Whether you’re exploring nearby St. Andrews State Park, enjoying a sunset dinner, or simply relaxing on your balcony, this condo offers the ideal coastal lifestyle. Investment Potential: With its prime beachfront location, luxury upgrades, and high sleeping capacity, this condo is a turnkey short-term rental machine ready to generate strong rental income from day one. Discover your piece of paradise at Watercrest — where luxury, location, and lifestyle meet.

Balcony

First: 1

Pool Features

Fenced: 1 Heated – Electric: 1 Inground: 1 Spa/ Hot Tub: 1

Appliances

Cooktop – Electric: 1 Dishwasher: 1 Disposal: 1 Dryer: 1 Microwave: 1 Oven – Electric: 1 Refrigerator: 1 Washer: 1 Water Heater – Electric: 1

Interior Features

Floor – Vinyl Plank: 1 Window – Treatment All: 1

Construction/Siding

Siding – Stucco: 1

Exterior

Balcony: 1 Sprinkler System: 1 Storm Doors: 1 Storm Windows: 1 Tinted Windows: 1

Waterfront Feature

Shore – Beach: 1

Other Structures

Tennis Court(s): 1 Other: 1

Association Fees Include

Accounting: 1 Beach: 1 Community Room: 1 Dumpster: 1 Exercise Room: 1 Ground Keeping: 1 Insurance: 1 Internet-WiFi: 1 Management: 1 Master Association: 1 Pool: 1 Security: 1 Sewer: 1 Tennis: 1 Trash Disposal: 1 TV Cable: 1 Water: 1 Other – See Remarks: 1

Financing

Cash: 1 Conventional: 1 Other: 1

Furnished

Furnished: 1

Interior

Bunk Room: 1

Lot Features

Near Beach Access: 1 Waterfront: 1 Within 1/2 Mile to Water: 1

Lot Access

City Street: 1 Paved Road: 1

Parking Features

Additional Parking: 1 Parking Lot: 1 Paved: 1

Mstr Bath / Mstr Bdrm

MBath Double Vanity: 1 MBath Shower Only: 1 MBed Balcony: 1 MBed Walk-in Closet: 1 MBed Waterfront: 1

Present Zoning

City: 1 Resid Multi-Family: 1

Association Amenities

BBQ Pit/Grill: 1 Beach: 1 Community Room: 1 Conference Center: 1 Dumpster: 1 Elevators: 1 Exercise Room: 1 Pool: 1 Security-24 hour: 1 Tennis: 1 Waterfront: 1 Whirlpool: 1 Pickle Ball: 1

Rooms

Balcony: 1 Bedroom: 1 Master Bedroom: 1

Utilities

TV Cable: 1 Electricity – Connected: 1 Internet – Fiber Optic: 1 Public Sewer – Connected: 1 Public Water – Connected: 1

Waterview

Gulf: 1

Sale Type

As Is: 1

Waterfront Type

Gulf: 1

Master Bedroom

First: 1

Bedroom

First: 1

Cooling

Ceiling Fan(s): 1 Central Air: 1 Electric: 1

Heating

Central: 1 Electric: 1

Security Features

24 Hour Security: 1 Fire Alarm: 1 Fire Sprinkler System: 1 Security Guard: 1 Smoke Detector(s): 1

Property Features

Appliances: Cooktop – Electric; Dishwasher; Disposal; Dryer; Microwave; Oven – Electric; Refrigerator; Washer; Water Heater – Electric Master Bedroom: First Bedroom: First Cooling: Ceiling Fan(s); Central Air; Electric Heating: Central; Electric Exterior: Balcony; Sprinkler System; Storm Doors; Storm Windows; Tinted Windows Association Fees Include: Accounting; Beach; TV Cable; Community Room; Dumpster; Exercise Room; Insurance; Internet-WiFi; Ground Keeping; Management; Master Association; Pool; Security; Sewer; Tennis; Trash Disposal; Water; Other – See Remarks Financing: Cash; Conventional; Other Furnished: Furnished Interior: Bunk Room Lot Features: Near Beach Access; Waterfront; Within 1/2 Mile to Water Lot Access: City Street; Paved Road Balcony: First Pool Features: Fenced; Heated – Electric; Inground; Spa/ Hot Tub Security Features: 24 Hour Security; Fire Alarm; Fire Sprinkler System; Security Guard; Smoke Detector(s) Parking Features: Additional Parking; Parking Lot; Paved Other Structures: Tennis Court(s); Other Association Amenities: BBQ Pit/Grill; Beach; Community Room; Dumpster; Elevators; Exercise Room; Conference Center; Pickle Ball; Pool; Security-24 hour; Whirlpool; Tennis; Waterfront Rooms: Balcony; Bedroom; Master Bedroom Sale Type: As Is Utilities: TV Cable; Electricity – Connected; Internet – Fiber Optic; Public Sewer – Connected; Public Water – Connected Waterfront Type: Gulf Waterfront Feature: Shore – Beach Waterview: Gulf Present Zoning: Resid Multi-Family

Room Information

Master Bedroom Level: First Dimensions: 13 x 13 Length: 13.00 Width: 13.00 Dimensions: 13 x 13 Remarks: Master 1 Master Bedroom Level: First Dimensions: 13 x 13 Length: 13.00 Width: 13.00 Dimensions: 13 x 13 Remarks: Master 2 Bedroom Level: First Dimensions: 13 x 12 Length: 13.00 Width: 12.00 Dimensions: 13 x 12 Remarks: Bedroom 3 Balcony Level: First Dimensions: 13 x 12 Length: 13.00 Width: 12.00 Dimensions: 13 x 12 Remarks: Balcony
Listing Office: Keller Williams Success Realty
Last Updated: February – 27 – 2026
Information deemed reliable but not guaranteed.