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$725,000

  • For Sale
  • Active
  • Condo
  • 3 Beds
  • 3 Full Baths
  • Updated 4 days ago
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Perched on the 16th floor, Watercrest 1607 delivers sweeping Gulf views and a refined coastal experience in one of Panama City Beach's most beloved resorts. This beautifully updated unit blends comfort and style, offering a spacious layout, generous balcony, and floor-to-ceiling scenery that transforms every moment into a postcard. Watercrest's amenities--resort pool, tennis, pickleball, fitness center, and direct beach access--create a true vacation-ready lifestyle. Whether you're seeking a high-performing rental, a second home, or a serene beachfront escape, Unit 1607 stands out with its views, location, and effortless coastal charm!

Full Property Details for 6201 Thomas Dr #1607

General

  • Price: $725,000
  • Taxes: $6,187 (2025)
  • Status: Active
  • Type: Condo
  • Source: Bay_County
  • MLS ID: 787342
  • Updated: 3/25/2026
  • Added to Site: 10 day(s) ago

Interior

  • Number of Rooms: 7
  • Appliances: Electric Oven, Electric Range, Electric Water Heater, Ice Maker

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 3

Additional Information

  • Shared Amenities: Beach Rights, Game Room
  • Pool: Yes
  • Pool Description: Gas Heat, In Ground, Community
  • Tennis: Yes
  • Security/Safety: Building Security, Fire Escape, Fire Alarm, Smoke Detector(s), Security Service

Exterior

  • Porch/Patio/Deck: Balcony

Parking

  • Parking Features: Parking Lot

Location

  • County: Bay
  • Subdivision: Watercrest Condo
  • Driving Directions: 6201 Thomas Drive 1607 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

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, Phone Available

Structural Information

  • Architectural Style: High Rise
  • Construction: Concrete, Steel Frame, Stucco
  • Elevator: Yes
  • 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: 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

  • Tax Amount: $6,187
  • Tax Year: 2025

Disclosures and Reports

  • Special Conditions: Listed As-Is
  • Legal Description: WATERCREST CONDO UNIT 1607 (TYPE D) ORB 1149 P 1677 3BR 3B 1441 H&C ORB 3633 P 1071
  • Property ID: 30585-347-000

Listed by Realty Mark Associates

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Listing agent

— 6201 Thomas Dr #1607 —

  • 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 #1607

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 #1607 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/25/2026
Listed
$725,000
142.47%
MLS
8/18/2014
Sold
$299,000
—
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 #1607

Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,955
—
$419,063
-32%
2024
$5,955
-4%
$613,241
-9%
2023
$6,176
71%
$675,750
124%
2021
$3,613
-23%
$301,608
-40%
2022
$4,702
55%
$500,315
106%
2019
$3,037
-16%
$243,291
-15%
2018
$3,623
4%
$286,225
5%
2017
$3,468
5%
$272,000
7%
2016
$3,313
1%
$255,000
4%
2015
$3,279
37%
$245,438
38%
2014
$2,387
13%
$178,054
—
2013
$2,119
—
$178,054
—
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.

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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 #1607, Panama City, FL 32408 (MLS# 787342) is a Condo property with 3 bedrooms and 3 full bathrooms. 6201 Thomas Drive #1607 is currently listed for $725,000 and was received on March 25, 2026. Want to learn more about 6201 Thomas Drive #1607? 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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