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Property Description
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
Full Property Details for 6201 Thomas Dr #207
General
- Sold For: $775,000
- Taxes: $5,718 (2024)
- Status: Closed
- Type: Condo
- Source: Bay_County
- MLS ID: 782898
- Added to Site: 164 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
- Construction: Stucco
- 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.: Gulf, Shoreline - Sand
- Water Front View: Gulf, 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
Sold by EXP Realty LLC
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Schools
Schools serving 6201 Thomas Dr #207
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 #207
Date
Details
Price
Change
Source
4/22/2026
Sold
$775,000
-3.12%
MLS
12/22/2025
Listed
$800,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
6201 Thomas Drive #207, Panama City, FL 32408 (MLS# 782898) is a Condo property that was sold at $775,000 on April 22, 2026. 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.

