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$525,000 -$60,000 (-10.26%) Price Reduced

  • For Sale
  • Active
  • Condo
  • 2 Beds
  • 2 Full Baths
  • Updated 3 days ago
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The lowest Priced condo at Watercrest. Lowest price per sq ft. at $424 per foot. This 14th floor is in the center of the building. Totally remodeled with high-end finishes. Large Beautiful 2 Bedroom/2 Bath updated Gulf Front condo This is a great location on the desirable East End of the Beach. (Best Restaurants) This spacious condo is located in the center of the building with great gulf views. With the large living room and dining area and boasting a whopping 1,379 sq. ft of floorspace, you have plenty of room for large family get togethers. This condo will give you the perfect place to make many wonderful memories. Watercrest is a very popular beach destination which makes this a very good investment property. Take a look at this condo today. This building has passed the Milestone Inspections. All new exterior hurricane doors

Full Property Details for 6201 Thomas Dr #1405

General

  • Price: $525,000
  • Taxes: $7,164 (2025)
  • Status: Active
  • Type: Condo
  • Source: Bay_County
  • MLS ID: 787265
  • Updated: 5/16/2026
  • Added to Site: 56 day(s) ago

Interior

  • Number of Rooms: 3
  • Interior Features: Home Theater
  • Appliances: ENERGY STAR Qualified Appliances, Electric Oven, Electric Range

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 2

Additional Information

  • Pool: Yes
  • Pool Description: Community

Exterior

  • Exterior Features: Covered Patio, Deck
  • Porch/Patio/Deck: Balcony, Deck

Location

  • County: Bay
  • Subdivision: Watercrest Condo
  • Driving Directions: From the Hathaway Bridge travel South on Thomas Drive. Watercrest will be on the gulf side of Thomas Drive. Watch for the large 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: Electricity Available

Structural Information

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

Lot Features

  • Property View: Gulf
  • Lot Features: Paved
  • Zoning: Resid Multi-Family

Water Features

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

Green Features

  • Energy Efficient: Appliances

Financial Considerations

  • Tax Amount: $7,164
  • Tax Year: 2025

Disclosures and Reports

  • Special Conditions: Listed As-Is
  • Legal Description: WATERCREST CONDO UNIT 1405 (TYPE E) ORB 2121 P 1070 2BR 2B 1379 H&C ORB 4651 P 2020 .
  • Property ID: 30585-325-000

Listed by CitiStar Realty

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Listing agent

— 6201 Thomas Dr #1405 —

  • CitiStar Realty

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 #1405

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 #1405 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/16/2026
Price Reduced
$525,000
-10.26%
MLS
4/20/2026
Price Reduced
$585,000
-2.34%
MLS
3/23/2026
Listed
$599,000
14.1%
MLS
12/09/2022
Sold
$525,000
—
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 #1405

Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,252
—
$579,481
-1%
2024
$7,252
29%
$586,856
32%
2023
$5,619
100%
$446,250
7%
2022
100%
$416,585
99%
2022
100%
$209,525
—
2020
-100%
$209,525
38%
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 for 6201 Thomas Dr #1405

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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 CitiStar Realty

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6201 Thomas Drive #1405, Panama City, FL 32408 (MLS# 787265) is a Condo property with 2 bedrooms and 2 full bathrooms. 6201 Thomas Drive #1405 is currently listed for $525,000 and was received on March 24, 2026. Want to learn more about 6201 Thomas Drive #1405? 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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