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$499,000 Sale Pending

  • For Sale
  • Pending
  • Condo
  • 2 Beds
  • 2 Full Baths
  • Updated 2 days ago
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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!!!

Full Property Details for 6201 Thomas Dr #1402

General

  • Price: $499,000
  • Status: Pending
  • Type: Condo
  • Source: Bay_County
  • MLS ID: 789472
  • Updated: 7/8/2026
  • Added to Site: 65 day(s) ago

Interior

  • Number of Rooms: 2
  • Interior Features: Balcony, Main Level Primary, Tub Shower
  • Appliances: Electric Range, Electric Water Heater, Ice Maker

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 2

Additional Information

  • Shared Amenities: Spa/Hot Tub
  • Pool: Yes
  • Pool Description: Community
  • Tennis: Yes
  • Security/Safety: Fire Sprinkler System, Smoke Detector(s)

Exterior

  • Porch/Patio/Deck: Balcony

Parking

  • Parking Features: Parking Lot

Location

  • County: Bay
  • Subdivision: Watercrest Condo
  • Driving 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.

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, Ceiling Fan(s)
  • Heating Type: Central, Electric

Utilities

  • Sewer: Public Sewer
  • Utility Description: Electricity Available, High Speed Internet Available

Structural Information

  • Architectural Style: High Rise
  • Sq. Ft. Source: Appraiser
  • Year Built: 1987
  • Other Struct. Feat.: Dumpster

Lot Features

  • Property View: Gulf, Water
  • Lot Dimensions: 0*0
  • Zoning: Resid Multi-Family

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front Desc.: Gulf, Shoreline - Sand
  • Water Front View: Gulf, Shoreline - Sand

Disclosures and Reports

  • Special Conditions: Listed As-Is
  • 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
  • Property ID: 30585-322-000

Listed by Salty Marlin Realty LLC

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Listing agent

— 6201 Thomas Dr #1402 —

  • Salty Marlin Realty LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 6201 Thomas Dr #1402

School District:Bay County School District
NameGradesDistance
Patronis Elementary School
7400 Patronis Dr, Panama City Beach, FL 32408
K-51.5 mi
Surfside Middle School
300 Nautilus Street, Panama City Beach, FL 32413
6-86.6 mi
J.R. Arnold High School
550 North Alf Coleman Road, Panama City Beach, FL 32407
9-125 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 6201 Thomas Dr #1402 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/13/2026
Price Reduced
$499,000
-4.95%
MLS
5/06/2026
Listed
$525,000
169.23%
MLS
8/07/2013
Sold
$195,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 6201 Thomas Dr #1402

Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,380
—
$341,612
-43%
2024
$5,380
12%
$597,495
17%
2023
$4,818
35%
$509,958
73%
2021
$3,575
-10%
$294,780
-32%
2022
$3,982
60%
$433,500
119%
2019
$2,483
-16%
$198,326
-15%
2018
$2,961
7%
$233,325
8%
2017
$2,766
—
$216,325
-4%
2016
$2,758
7%
$225,675
26%
2015
$2,572
17%
$179,520
10%
2014
$2,191
21%
$163,200
8%
2013
$1,811
—
$151,632
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 6201 Thomas Dr #1402

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Salty Marlin Realty LLC

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6201 Thomas Drive #1402, Panama City Beach, FL 32408 (MLS# 789472) is a Condo property with 2 bedrooms and 2 full bathrooms. 6201 Thomas Drive #1402 is currently listed for $499,000 and was received on May 06, 2026. Want to learn more about 6201 Thomas Drive #1402? 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.

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