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Property Description
Owner financing to beat a current bank rate approval! Welcome to your slice of paradise at Watercrest Condominiums in Panama City Beach! This beautifully remodeled beachfront condo offers breathtaking Gulf views and a spacious open floorplan designed for comfort and entertaining. Whether you're searching for a personal coastal retreat or a proven rental income opportunity, this fully turnkey unit checks all the boxes. Enjoy updated finishes throughout, a modern kitchen, and expansive balconies that bring the beauty of the beach right into your living space. Watercrest is a highly desirable, amenity-rich resort offering gulf front pool, tennis courts, game room, community room, racquet ball court and on site security. Don't miss this chance to own in one of PCB's most established beachfront communities--perfect for full-time living, a vacation getaway, or a high-performing investment.
Full Property Details
Full Property Details for 6201 Thomas Dr #1006
General
- Price: $599,000
- Taxes: $5,187 (2025)
- Status: Active
- Type: Condo
- Source: Bay_County
- MLS ID: 789292
- Updated: 5/2/2026
- Added to Site: 4 day(s) ago
Interior
- Number of Rooms: 3
- Interior Features: Handicap Access
- Appliances: Electric Cooktop, Electric Range, Electric Water Heater
- Flooring: Luxury Vinyl Plank
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Additional Information
- Shared Amenities: Game Room, Barbecue, Spa/Hot Tub
- Pool: Yes
- Pool Description: Community
Exterior
- Exterior Features: Covered Patio
- Porch/Patio/Deck: Balcony, Deck
Location
- County: Bay
- Subdivision: Watercrest Condo
- Driving Directions: From Navy Blvd head west towards Watercrest, condo is on the left
School Information
- Elementary School: Patronis
- Middle School: Surfside
- High School: Arnold
Community
- Community Name: 03 - Bay County - Beach
- Association: Yes
Utilities
- Sewer: Public Sewer
- Utility Description: Cable Connected
Structural Information
- Architectural Style: High Rise
- Construction: Stucco
- Sq. Ft. Source: Appraiser
- Year Built: 1987
Water Features
- Water Front: Yes
- Water Front Desc.: Gulf
- Water Front View: Gulf
Financial Considerations
- Tax Amount: $5,187
- Tax Year: 2025
Disclosures and Reports
- Legal Description: WATERCREST CONDO UNIT 1006 (TYPE E) ORB 1341 P 925 2BR 2B 1379 H&C
- Property ID: 30585-296-000
Listed by Counts Real Estate Group Inc
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Schools
Schools serving 6201 Thomas Dr #1006
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Patronis Elementary School 7400 Patronis Dr, Panama City Beach, FL 32408 | K-5 | 1.4 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 ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 6201 Thomas Dr #1006
Date
Details
Price
Change
Source
5/02/2026
Listed
$599,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 6201 Thomas Dr #1006
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,147
2%
$579,481
-1%
2024
$5,030
20%
$586,856
32%
2023
$4,200
14%
$446,250
7%
2022
$3,678
44%
$416,585
99%
2021
$2,553
6%
$209,525
9%
2019
$2,406
-11%
$192,010
-5%
2018
$2,713
6%
$201,731
-7%
2017
$2,571
11%
$218,025
16%
2016
$2,323
-4%
$188,700
25%
2015
$2,432
31%
$151,564
10%
2014
$1,856
13%
$137,785
—
2013
$1,649
—
$137,785
—
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
Estimate the Cost for 6201 Thomas Dr #1006
6201 Thomas Drive #1006, Panama City, FL 32408 (MLS# 789292) is a Condo property with 2 bedrooms and 2 full bathrooms. 6201 Thomas Drive #1006 is currently listed for $599,000 and was received on May 02, 2026. Want to learn more about 6201 Thomas Drive #1006? 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.

