Watercrest Condo

Condominium Building Complex

6201 Thomas Dr,

Panama City Beach, FL 32408

80 Units

18 Stories

1987 Year Built

$427K - $1.6M Value Range

Available Units

For Sale

For Rent

No Units Available

Highlights

Beach
J.R. Arnold High School Rated A-
Property fronts gulf or ocean
Fitness Center
24-Hour Security
In Ground Pool

/73
Unit 1510

$735,000

6201 Thomas Dr

2 Beds

2 Baths

1,367 Sq Ft

MONEY MAKER ALERT AT WATERCREST!!!!! INVESTORS....THIS CONDO IS ALREADY KILLING IT ON THE RENTAL MARKET WITH PROFITABLE RENTAL HISTORY WHICH CAN BE PROVIDED!!! RARE WATERCREST END UNIT... HUGE WRAP AROUND BALCONY.... WEST VIEW...FULLY REMODELED....Welcome to paradise! This fully renovated, luxurious 2-bedroom, 2-bath Gulf-front condo on the East End of Panama City Beach is the perfect blend of

Sassy French

Keller Williams Success Realty

(850) 821-7314
/56
Unit 408

$725,000

Open Fri 11AM - 1PM

6201 Thomas 408 Dr

2 Beds

2 Baths

1,441 Sq Ft

ALL INVESTORS... DON''T MISS OUT!!! 98.6% verifiable occupancy for short term rentals with this beauty! Spectacular views of the Gulf with this gorgeous totally renovated condo from floor to ceiling. This condo is RENTAL READY AND ALREADY HAS A FOLLOWING WITH THE CURRENT RENTAL MANAGEMENT COMPANY!!! There are upgrades and personal touches to this condo that make it a stand out in the building.

Sassy French

Keller Williams Success Realty

(448) 222-2726
/41
Unit 1606

$585,000

6201 Thomas Dr

2 Beds

2 Baths

1,379 Sq Ft

Welcome to your dream beachfront getaway! This beautifully updated, fully furnished condo offers the perfect blend of style, comfort, and lucrative vacation rental income grossing roughly $80k yearly. This property has consistent five star reviews across all short term rental platforms, and is a repeat guest FAVORITE making it no surprise that it already has over $58k on the books for 2025 (with

Hannah Luge Foundation Real Estate Agency LLC

Building Details

Recreation

Beach
Outdoor Tennis Courts
Fitness Center
In Ground Pool
Spa
Community Pool
Community Spa
Park

Outdoor Features

Property fronts gulf or ocean
Community Barbecue Grill

Amenities

Gulf Views
Clubhouse
Game Room
Meeting Room
Lounge
Recreation Room
24-Hour Security
Gated Community

Parking

Paved Parking
Additional Parking
Parking Lot

Condo Association

$362 Monthly HOA Fees
Monthly HOA Fees Range from $967 - $2,189
Association fees include management, cable TV, fitness facility, internet, legal/accounting, pest control, pool(s), water
Watercrest Condo Subdivision

Building Design

Fire Sprinkler System
High-Rise Condominium
Elevator

Unit Features

Exterior Washer Dryer Hookup
Balcony

Activity

Views

302

405

409

2 Beds

2 Baths

1,404

1,379

1,404

$710,000

$649,900

$615,000

$506 / Sq Ft

$471 / Sq Ft

$438 / Sq Ft

11/04/2024

05/13/2024

07/12/2025

Unit Size and Value Ranges

1 Bedroom Units

Sq Ft Range

None Available

Est. Values

$427,207 - $443,664

2 Bedroom Units

Sq Ft Range

1,367 - 1,441

Est. Values

$517,948 - $1,583,976

3 Bedroom Units

Sq Ft Range

1,441 - 3,056

Est. Values

$632,428 - $1,332,157

4 Bedroom Units

Sq Ft Range

2,765 - 2,808

Est. Values

None Available

5 Bedroom Units

Sq Ft Range

5,000

Est. Values

$1,161,646

All Units

Sq Ft Range

1,367 - 5,000

Est. Values

$427,207 - $1,583,976

Map

Area Factors

Somewhat Bikeable

Bike Score^®

48 / 100

Car-Dependent

Walk Score^®

37 / 100

Sources: WhatIsMyCrimeRisk.com, Walk Score

Environmental Factors

Active

Sound Score^®

76 / 100

--

Air Pollution^®

N/A / 10

--

Flood Factor^®

N/A / 10

--

Fire Factor^®

N/A / 10

--

Heat Factor^®

N/A / 10

--

Wind Factor^®

N/A / 10

Source: First Street, How Loud

Regency Towers Dog Run

6 min walk

Rick Seltzer Park

3 min drive

St Andrews State Park

4 min drive

Grand Lagoon Dog Run

9 min drive

Rotti's Woof Woof Dog Park

14 min drive

Carl Grey Park

14 min drive

Moates Park

14 min drive

Hentz Park

16 min drive

Oaks By The Bay Park

17 min drive

Schools

Source:

Disclaimer: Please note that this building may not be in these schools' attendance zones.

J.R. Arnold High School

Pre-K to 12th
Public
14 min drive

A-

Surfside Middle School

6th to 8th
Public
15 min drive

B+

Patronis Elementary School

Pre-K to 5th
Public
9 min drive

A-

Agents Active in this Building

Britt Matthews

Beachy Beach Real Estate

(850) 818-3559

65 Total Sales

1 In This Building

$449,900 Price

Britt Matthews
Sassy French

Keller Williams Success Realty

(865) 507-4122

81 Total Sales

6 In This Building

$595K - $735K Price Range

Sassy French
Don Cooley

Responds Quickly

EXP Realty LLC

(850) 818-8305

238 Total Sales

1 In This Building

$2,500,000 Price

Don Cooley
Ivanette Free

Responds Quickly

Jim Free Realty LLC

(850) 640-6180

96 Total Sales

1 In This Building

$450,000 Price

Ivanette Free
Beau Blankenship

Christies International Real Estate Emerald Coast

(405) 594-7299

663 Total Sales

1 In This Building

$795,000 Price

Beau Blankenship
BLUE WAVE Laborde

Coldwell Banker Realty

(850) 374-6589

439 Total Sales

1 In This Building

$795,000 Price

BLUE WAVE Laborde

See All Agents

Property Taxes

Range in Assessed Values

$152K - $852K

Range of Taxes in Building

$1,403 - $9,873

Range of Taxes per Sq Ft

$0.49 - $5.89

Property Tax History

Source: Public Records

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