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$722,500
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Property Description
'CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS' ALL INVESTORS... DON''T MISS OUT!!! 98.6% verifiable occupancy for short term rentals with this beauty! Spectacular views of the Gulf with this gorgeous totally renovated condo from floor to ceiling. This condo is RENTAL READY AND ALREADY HAS A FOLLOWING WITH THE CURRENT RENTAL MANAGEMENT COMPANY!!! There are upgrades and personal touches to this condo that make it a stand out in the building. Elevators.... NO WAITING.... Floors 1-6 have their own East and West end elevators. The building itself has had several big renovations in the last few years to include new roof, new windows and slider doors, pool, pool deck. New railings and exterior paint for the entire building are to come during off 2025-2026 off season. There are no current special assessments and all required milestones have been met. The HOA is onsite as well making it easy for owners to communicate. 24 hour onsite security, tiki hut with food and beverages. DON'T FORGET the pickle ball and tennis courts and onsite gym for family fun. This popular East End condo is walking distance to many local restaurants and a short 3-5 minute drive to the State Park and other fun local activities.
Full Property Details
Full Property Details for 6201 Thomas 408 Dr #408
General
- Sold For: $722,500
- Taxes: $7,576 (2024)
- Status: Closed
- Type: Condo
- Source: Bay_County
- MLS ID: 777698
- Added to Site: 156 day(s) ago
Interior
- Number of Rooms: 2
- Appliances: Washer/Dryer Stacked, Electric Cooktop
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Stacked
Additional Information
- Shared Amenities: Other, See Remarks
- Pool: Yes
- Pool Description: Fenced, In Ground, Community
- Tennis: Yes
- Security/Safety: 24 Hour Security, Security Guard, Fire Alarm, Security Service
Exterior
- Porch/Patio/Deck: Balcony
Location
- County: Bay
- Subdivision: Watercrest Condo
- Driving 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
School Information
- Elementary School: Patronis
- Middle School: Surfside
- High School: Arnold
Community
- Community Name: 03 - Bay County - Beach
- Association: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Utility Description: Cable Connected, Electricity Available
Structural Information
- Architectural Style: High Rise
- Stories/Levels: 18
- Sq. Ft. Source: Appraiser
- Year Built: 1987
Additional Structures
- Other Structures: Tennis Court(s)
Lot Features
- Property View: Gulf
- Lot Dimensions: 0 x 0
- Frontage: City Street
- Zoning: City
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Shoreline - Sand
- Water Front View: Shoreline - Sand
Financial Considerations
- Tax Amount: $7,576
- Tax Year: 2024
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: WATERCREST CONDO UNIT 408 (TYPE C) ORB 1716 P 507 ORB 2132 P 1183 2BR 2B 1441 H&C ORB 4610 P 1890
- Property ID: 30585-238-000
Listed by Keller Williams Success Realty
Sold by Non-Member Office
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Schools
Schools serving 6201 Thomas 408 Dr #408
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Patronis Elementary School 7400 Patronis Dr, Panama City Beach, FL 32408 | K-5 | 1.5 mi |
Surfside Middle School 300 Nautilus Street, Panama City Beach, FL 32413 | 6-8 | 6.6 mi |
J.R. Arnold High School 550 North Alf Coleman Road, Panama City Beach, FL 32407 | 9-12 | 5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 6201 Thomas 408 Dr #408
Date
Details
Price
Change
Source
12/15/2025
Sold
$722,500
—
MLS
10/09/2025
Price Reduced
$722,500
-0.34%
MLS
8/15/2025
Listed
$725,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
6201 Thomas 408 Drive #408, Panama City Beach, FL 32408 (MLS# 777698) is a Condo property that was sold at $722,500 on December 15, 2025. Want to learn more about 6201 Thomas 408 Drive #408? Do you have questions about finding other Condo real estate for sale in Panama City Beach? You can browse all Panama City Beach real estate or contact a Coldwell Banker agent to request more information.

