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$700,000 -$25,000 (-3.45%) Price Reduced

  • For Sale
  • Active
  • Condo
  • 2 Beds
  • 2 Full Baths
  • Updated 2 days ago
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WELCOME TO YOUR NEW PERSONAL HOME OR INVESTMENT CONDO!!! 80-100K GROSS RETURN ON INVESTMENT PROJECTED depending on the use of the owner. See documents for actual rentals since January 2025. SUNRISE AND SUNSET VIEWS FROM YOUR BEDROOM TO THE MAIN LIVING AREA! WALK IN AND DO NOTHING BUT REST AND RELAX OR RENT AND RETURN! CASH YOUR MAILBOX MONEY NOW! THIS UNIT IS CURRENTLY ON THE RENTAL MARKET AND IS HEAVILY RENTED SO CALL FOR TURN DATES. DESIGNER FURNITURE AND ALL DECOR CONVEYS. Spectacular views of the Gulf with this gorgeous East end unit with WRAP AROUND BALCONY. This is a totally renovated condo from floor to ceiling. There are upgrades and personal touches to this condo that make it a stand out in the building. The condo building itself has had several big renovations in the last several years to include new hurricane windows and sliders....Current renovations as of January 2026 thru March 2026 which are fully funded by the reserves include new exterior paint, new balcony railings and renovation of balconies. The windows and slider doors, pool, pool deck and hot tub were also been renovated in the last 6 years. Watercrest Amenities include a heated pool, hot tub, kid's pool, BBQ grills, exercise room, conference room, tennis courts, Pickle Ball court, shuffleboard, and a poolside tiki bar. There are also on-site vending machines, an ice machine, and ATM. Across the street you will find over flow parking and a storage area for your jet skis, boat, or trailer. WATERCREST is close to many kid and adult activities as well as too many to count local restaurants and pubs. Walmart, Publix, Winn Dixie are just minutes from the complex. WONDER WHAT IS GOING ON NEXT DOOR TO WATERCREST? HADLEY'S BEACH..... NO OBSTRUCTION FROM THOSE NEW HOME BUILTS TO THIS CONDO. THESE WILL BE HOUSES NOT A HIGH RISE COMMUNITY. The HOA is onsite on the 3rd floor making it easy for owners to communicate. Don't miss out. The reserve and integrity study is too large to add to documents please have your agent request and I will email

Full Property Details for 6201 Thomas Dr #401

General

  • Price: $700,000
  • Taxes: $7,102 (2025)
  • Status: Active
  • Type: Condo
  • Source: Bay_County
  • MLS ID: 783667
  • Updated: 7/18/2026
  • Added to Site: 188 day(s) ago

Interior

  • Number of Rooms: 3
  • Interior Features: Balcony, Double Vanity, Main Level Primary, Walk-In Closet(s)
  • Appliances: Electric Cooktop, Electric Oven, Electric Water Heater, Ice Maker

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 2

Additional Information

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

Exterior

  • Exterior Features: Barbecue
  • Porch/Patio/Deck: Balcony

Parking

  • Parking Features: Additional Parking, 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
  • 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)
  • Doors: Storm Door(s)
  • Stories/Levels: 18
  • Sq. Ft. Source: Appraiser
  • Year Built: 1987

Additional Structures

  • Other Structures: Other, Tennis Court(s)

Lot Features

  • Property View: Gulf
  • Lot Dimensions: 0 x 0
  • Frontage: City Street
  • Zoning: Resort

Water Features

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

Financial Considerations

  • Tax Amount: $7,102
  • Tax Year: 2025

Disclosures and Reports

  • Special Conditions: Listed As-Is
  • Legal Description: WATERCREST CONDO UNIT 401 (TYPE A) ORB 1149 P 1677 2BR 2B 1367 H&C ORB 4573 P 2318
  • Property ID: 30585-231-000

Listed by Keller Williams Success Realty

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— 6201 Thomas Dr #401 —

  • 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 #401

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 #401 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/18/2026
Price Reduced
$700,000
-3.45%
MLS
7/07/2026
Price Reduced
$725,000
-2.01%
MLS
2/01/2026
Price Reduced
$739,900
-1.35%
MLS
1/14/2026
Listed
$750,000
2.04%
MLS
7/09/2024
Sold
$735,000
—
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 #401

Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,062
3%
$574,439
-1%
2024
$6,857
12%
$581,749
20%
2023
$6,111
183%
$485,563
22%
2022
$2,162
—
$399,075
49%
2021
$2,166
2%
$267,325
29%
2019
$2,127
-31%
$207,357
-15%
2018
$3,094
12%
$243,950
4%
2017
$2,762
7%
$235,450
8%
2016
$2,590
14%
$218,450
35%
2015
$2,264
14%
$162,223
10%
2014
$1,984
13%
$147,475
—
2013
$1,762
—
$147,475
—
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.

Estimate the Cost for 6201 Thomas Dr #401

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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 #401, Panama City, FL 32408 (MLS# 783667) is a Condo property with 2 bedrooms and 2 full bathrooms. 6201 Thomas Drive #401 is currently listed for $700,000 and was received on January 14, 2026. Want to learn more about 6201 Thomas Drive #401? 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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