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$699,900 Just Listed

  • For Sale
  • Active
  • Condo
  • 2 Beds
  • 2 Full Baths
  • Updated 16 hours ago
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Welcome to Unit 1002 at Watercrest--one of the most sought-after addresses on the Emerald Coast. Spanning 1,404 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 10th 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. 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!

Full Property Details for 6201 Thomas Dr #1002

General

  • Price: $699,900
  • HOA FEE: $1,100/month
  • HOA FEE FREQ.: Quarterly
  • Taxes: $1,940 (2025)
  • Status: Active
  • Type: Condo
  • Source: Bay_County
  • MLS ID: 794858
  • Updated: 9/1/2026
  • Added to Site: 1 day(s) ago

Interior

  • Number of Rooms: 4
  • Interior Features: Main Level Primary, Smart Thermostat
  • Appliances: Electric Oven, Electric Range, Electric Water Heater, Ice Maker

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 2

Additional Information

  • Shared Amenities: Beach Rights, Game Room
  • Pool: Yes
  • Pool Description: In Ground, Community
  • Tennis: Yes
  • Security/Safety: 24 Hour Security, Security Guard, Security Lights, Smoke Detector(s), Security Service

Exterior

  • Porch/Patio/Deck: Balcony

Location

  • County: Bay
  • Subdivision: [No Recorded Subdiv]
  • Driving Directions: 6201 Thomas Drive 1002 Panama City Beach, FL 32408

School Information

  • Elementary School: Patronis
  • Middle School: Surfside
  • High School: Arnold

Community

  • Community Name: 03 - Bay County - Beach
  • Association: Yes
  • Assoc. Fees Include: Association Management, Clubhouse, Cable TV, Fitness Facility, Insurance, Internet, Legal/Accounting, Pest Control, Pool(s), Security, Tennis Courts, Trash, Water

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: Cable Connected, Electricity Available, High Speed Internet Available, Phone Connected, Underground Utilities

Structural Information

  • Architectural Style: High Rise
  • Construction: Concrete, Stucco
  • Sq. Ft. Source: Appraiser
  • Year Built: 1987

Lot Features

  • Property View: Gulf
  • Lot Dimensions: 0 x 0
  • Frontage: City Street
  • Zoning: Resid Multi-Family

Water Features

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

Financial Considerations

  • Association Fee: $3,300
  • Assoc Fee Freq.: Quarterly
  • Tax Amount: $1,940.85
  • Tax Year: 2025

Disclosures and Reports

  • Special Conditions: Listed As-Is
  • Legal Description: WATERCREST CONDO UNIT 1002 (TYPE B) ORB 4796 P 498 2BR 2B 1404 H&C
  • Property ID: 30585-292-000

Listed by Realty Mark Associates

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Listing agent

— 6201 Thomas Dr #1002 —

  • Realty Mark Associates

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 #1002

School District:Bay County School District
NameGradesDistance
Patronis Elementary School
7400 Patronis Dr, Panama City Beach, FL 32408
K-51.4 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 #1002 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/01/2026
Listed
$699,900
196.57%
MLS
9/26/2013
Sold
$236,000
—
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 #1002

Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,901
1%
$194,174
3%
2024
$1,877
2%
$188,702
-63%
2023
$1,842
11%
$509,958
18%
2022
$1,657
15%
$433,500
47%
2021
$1,447
-17%
$294,780
68%
2019
$1,741
1%
$175,970
2%
2018
$1,729
2%
$172,689
2%
2017
$1,700
1%
$169,137
2%
2016
$1,687
-2%
$165,658
1%
2015
$1,724
1%
$164,506
1%
2014
$1,704
-6%
$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 #1002

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

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NMLS#: 1598647

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Listed by Realty Mark Associates

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6201 Thomas Drive #1002, Panama City, FL 32408 (MLS# 794858) is a Condo property with 2 bedrooms and 2 full bathrooms. 6201 Thomas Drive #1002 is currently listed for $699,900 and was received on September 01, 2026. Want to learn more about 6201 Thomas Drive #1002? Do you have questions about finding other Condo real estate for sale in Panama City? You can browse all Panama City real estate or contact a Coldwell Banker agent to request more information.

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