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$800,000

  • For Sale
  • Active
  • Condo
  • 3 Beds
  • 3 Full Baths
  • Updated 6 days ago
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Experience the ultimate in coastal luxury with this fully renovated Gulf-front 3-bedroom, 3-bathroom condo at the highly sought-after Watercrest Condominiums on the east end of Panama City Beach, Florida. Whether you're seeking a high-performing short-term rental investment, a primary residence, or a vacation retreat, this property delivers the perfect blend of comfort, style, and location. Property Highlights: 3 Bedrooms | 3 Bathrooms | Sleeps 14 2 Masters bedrooms on the Gulf Second-floor unit offering breathtaking Gulf views from the spacious private balcony Total renovation with luxury vinyl plank (LVP) flooring throughout Designer bathrooms featuring custom tile showers, with one bathroom including a tub/shower combo Custom-built bunk beds in the third bedroom designed for adult and child comfort Open-concept living and dining area with modern finishes and coastal-inspired décor Amenities Enjoy resort-style living with access to exceptional amenities, including: Heated beachfront pool and hot tub Tennis and pickleball courts 24-hour onsite security for peace of mind Private beach access just steps from your door Location:Perfectly positioned on the east end of Panama City Beach, Watercrest offers walking distance to local restaurants, beach bars, and family-friendly activities. Whether you're exploring nearby St. Andrews State Park, enjoying a sunset dinner, or simply relaxing on your balcony, this condo offers the ideal coastal lifestyle. Investment Potential: With its prime beachfront location, luxury upgrades, and high sleeping capacity, this condo is a turnkey short-term rental machine ready to generate strong rental income from day one. Discover your piece of paradise at Watercrest - where luxury, location, and lifestyle meet.

Full Property Details for 6201 Thomas Dr #207

General

  • Price: $800,000
  • Taxes: $5,718 (2024)
  • Status: Active
  • Type: Condo
  • Source: Bay_County
  • MLS ID: 782898
  • Updated: 1/11/2026
  • Added to Site: 26 day(s) ago

Interior

  • Number of Rooms: 4
  • Appliances: Electric Cooktop, Electric Oven, Electric Water Heater
  • Flooring: Luxury Vinyl Plank

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 3

Additional Information

  • Shared Amenities: Beach Rights
  • Pool: Yes
  • Pool Description: Fenced, Electric Heat, In Ground, Community
  • Spa Description: Community
  • Tennis: Yes
  • Security/Safety: Fire Sprinkler System, 24 Hour Security, Security Guard, Fire Alarm, Smoke Detector(s), Security Service

Exterior

  • Porch/Patio/Deck: Balcony

Parking

  • Parking Features: Additional Parking, Paved, Parking Lot

Location

  • County: Bay
  • Subdivision: Watercrest Condo
  • Driving Directions: From the Hathaway bridge travel south on Navy Drive, go past the curve where Newby's is at and continue on for about a mile. Watercrest will be on your left. Look for the big 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, Ceiling Fan(s)
  • Heating Type: Central, Electric

Utilities

  • Sewer: Public Sewer
  • Utility Description: Cable Connected, Electricity Available

Structural Information

  • Architectural Style: High Rise
  • Windows: Storm Window(s), Tinted Windows
  • Doors: Storm Door(s)
  • Elevator: Yes
  • Stories/Levels: 18
  • Sq. Ft. Source: Appraiser
  • Year Built: 1987
  • Other Struct. Feat.: Dumpster

Additional Structures

  • Other Structures: Other, Tennis Court(s)

Lot Features

  • Property View: Gulf
  • Lot Dimensions: 0 x 0
  • Frontage: City Street
  • Lot Features: Sprinkler System, Paved
  • Zoning: City, Resid Multi-Family

Water Features

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

Financial Considerations

  • Tax Amount: $5,718
  • Tax Year: 2024

Disclosures and Reports

  • Special Conditions: Listed As-Is
  • Legal Description: WATERCREST CONDO UNIT 207 (TYPE D) ORB 1938 P 389 ORB 2060 P 1561 3BR 3B 1441 H&C ORB 2246 P2306
  • Property ID: 30585-217-000

Listed by Keller Williams Success Realty

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— 6201 Thomas Dr #207 —

  • Keller Williams Success Realty

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Be ready to buy your new home!

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 6201 Thomas Dr #207

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 Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 6201 Thomas Dr #207 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/22/2025
Listed
$800,000
149.22%
MLS
3/05/2003
Sold
$321,000
—
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 #207

Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,718
-4%
$613,241
-9%
2023
$5,959
31%
$675,750
35%
2022
$4,532
25%
$500,315
66%
2021
$3,613
19%
$301,608
24%
2019
$3,037
-12%
$243,291
-7%
2018
$3,459
6%
$260,689
-4%
2017
$3,249
6%
$272,000
7%
2016
$3,062
3%
$255,000
30%
2015
$2,967
24%
$195,859
10%
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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Listed by Keller Williams Success Realty

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6201 Thomas Drive #207, Panama City, FL 32408 (MLS# 782898) is a Condo property with 3 bedrooms and 3 full bathrooms. 6201 Thomas Drive #207 is currently listed for $800,000 and was received on December 22, 2025. Want to learn more about 6201 Thomas Drive #207? 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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