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$634,900
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Property Description
Welcome to Watercrest 702 -- a beautifully maintained 2-bedroom, 2-bath Gulf-front condo offering stunning views and effortless coastal living. Located on a desirable lower floor, this residence provides the perfect balance of convenience and breathtaking scenery, with the soothing sights and sounds of the Gulf just steps away. Inside, the condo features luxury vinyl plank flooring throughout, complemented by granite countertops and a stylish tile backsplash in the kitchen, creating a clean and modern coastal aesthetic. The spacious layout comfortably sleeps up to 8 guests, making it ideal as a private getaway or a future income-producing property. Notably, this unit has never been on the short-term rental market and has been lovingly cared for as a secondary home. The primary bedroom is perfectly positioned on the Gulf side, allowing you to wake up to sweeping water views and direct balcony access. The open living and dining areas flow seamlessly onto the balcony, offering the perfect spot to relax and take in the incredible beachfront scenery. Watercrest has undergone significant recent upgrades, enhancing both value and peace of mind. Improvements include new hurricane-impact windows and sliders, along with Spring 2026 renovations featuring fresh exterior paint, new balcony railings, and fully updated balconies. The pool area has also been revitalized, including a renovated pool, pool deck, and hot tub. Residents and guests enjoy an impressive array of amenities, including a heated beachfront pool, hot tub, kiddie pool, BBQ grills, fitness center, conference room, tennis courts, pickleball court, shuffleboard, and a lively poolside tiki bar. Additional conveniences include on-site vending machines, an ice machine, and an ATM. Across the street, overflow parking and storage are available for boats, jet skis, and trailers. Watercrest is ideally located near a wide variety of restaurants, entertainment options, and family-friendly activities. Everyday essentials are just minutes away with Walmart, Publix, and Winn-Dixie nearby. An added bonus -- the neighboring development, Hadley's Beach, will consist of single-family homes, ensuring no high-rise obstruction to your incredible views. With the HOA conveniently located onsite on the third floor, communication and management are easily accessible. Don't miss this opportunity to own a beautifully updated Gulf-front condo in one of the area's most desirable communities.
Full Property Details
Full Property Details for 6201 Thomas Dr #702
General
- Price: $634,900
- HOA FEE: $1,100/month
- HOA FEE FREQ.: Quarterly
- Taxes: $5,342 (2025)
- Status: Active
- Type: Condo
- Source: Bay_County
- MLS ID: 793441
- Updated: 8/1/2026
- Added to Site: 24 day(s) ago
Interior
- Number of Rooms: 7
- Interior Features: Balcony, Double Vanity, Main Level Primary, Tub Shower
- Appliances: Washer/Dryer Stacked, Electric Cooktop, Electric Oven
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Stacked
Additional Information
- Shared Amenities: Beach Rights, Barbecue
- Pool: Yes
- Pool Description: Fenced, Electric Heat, In Ground, Community
- Spa Description: Community
- Tennis: Yes
- Security/Safety: Building Security, Fire Sprinkler System, 24 Hour Security, Security Guard, Fire Alarm, Smoke Detector(s), Security Service
Exterior
- Porch/Patio/Deck: Balcony
Parking
- Parking Features: No Garage, 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
- Assoc. Fees Include: Association Management, Cable TV, Electricity, Fitness Facility, Internet, Legal/Accounting, Maintenance Grounds, Pool(s), Sewer, Security, Tennis Courts, Trash, Water
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
Additional Structures
- Other Structures: Other, Tennis Court(s)
Lot Features
- Property View: Gulf, Water
- Lot Dimensions: 0 x 0
- Frontage: City Street
- Lot Features: Sprinkler System, Paved
- Zoning: City
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Gulf, Shoreline - Sand
- Water Front View: Gulf, Shoreline - Sand
Financial Considerations
- Association Fee: $3,299
- Assoc Fee Freq.: Quarterly
- Tax Amount: $5,342.7
- Tax Year: 2025
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: WATERCREST CONDO UNIT 702 (TYPE B) ORB 1149 P 1677 2BR 2B 1404 H&C ORB 3539 P 1937
- Property ID: 30585-262-000
Listed by Keller Williams Success Realty
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Schools
Schools serving 6201 Thomas Dr #702
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 #702
Date
Details
Price
Change
Source
8/01/2026
Listed
$634,900
235.93%
MLS
8/16/2013
Sold
$189,000
—
Public Record
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
Tax History for 6201 Thomas Dr #702
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,380
—
$341,612
-43%
2024
$5,380
12%
$597,495
17%
2023
$4,818
49%
$509,958
73%
2021
$3,238
-19%
$294,780
-32%
2022
$3,982
60%
$433,500
119%
2019
$2,483
-16%
$198,326
-15%
2018
$2,961
7%
$233,325
8%
2017
$2,766
—
$216,325
-4%
2016
$2,758
7%
$225,675
26%
2015
$2,572
17%
$179,520
10%
2014
$2,191
21%
$163,200
8%
2013
$1,811
—
$151,632
—
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
Estimate the Cost for 6201 Thomas Dr #702
6201 Thomas Drive #702, Panama City, FL 32408 (MLS# 793441) is a Condo property with 2 bedrooms and 2 full bathrooms. 6201 Thomas Drive #702 is currently listed for $634,900 and was received on August 01, 2026. Want to learn more about 6201 Thomas Drive #702? 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.

