$735,000

Watercrest Condo 6201 Thomas Dr Unit 1510 Panama City Beach, FL 32408

Estimated payment $5,584/month

Total Views 124,410
2 Beds
2 Baths
1,367 Sq Ft
$538 Price per Sq Ft

Highlights

  • Beach Front
  • Gulf View
  • Walk-In Pantry
  • Patronis Elementary School Rated A-
  • Vaulted Ceiling
  • Balcony

About This Home

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 relaxation and modern comfort. With breathtaking west sunset views from your spacious wrap-around balcony, you'll experience the beauty of beach living like never before. Inside, you'll discover two spacious master bedrooms, each offering an en-suite full bath for maximum privacy. The charming bunk room features a unique 3-bed trundle bed and a stylish barn door, making it the ideal spot for kids o

Listing Agent

Deborah French

Keller Williams Success Realty License #3401216 Listed on: 03/27/2025

Keller Williams Success Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,784

Year Built

  • Built in 1987

Lot Details

  • Beach Front
  • Property fronts gulf or ocean

HOA Fees

  • $1,035 Monthly HOA Fees

Interior Spaces

  • 1,367 Sq Ft Home
  • Coffered Ceiling
  • Tray Ceiling
  • Vaulted Ceiling
  • Recessed Lighting
  • Window Treatments
  • Living Room
  • Dining Area

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony

Schools

  • Patronis Elementary School
  • Surfside Middle School
  • Arnold High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Watercrest Condo Subdivision

Listing and Financial Details

  • Assessor Parcel Number 30585-340-000

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,784

Year Built

Built in 1987

Lot Details

0

HOA Fees

$1,035 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Watercrest Condo
  • Directions: From the Hathaway bridge travel south on Thomas 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
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Year Built: 1987
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Waterfront:Gulf: Yes
  • Washers: Yes
  • Rooms:Dining Area: Yes
  • Waterfront:Shore - Beach: Yes
  • Special Features: None

Interior Features

  • Appliances: Cooktop, Dishwasher, Dryer, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Breakfast Bar, Ceiling Raised, Ceiling Tray/Cofferd, Lighting Recessed, Pantry
  • Window Features: Window Treatment All
  • Appliances:Cooktop: Yes
  • Appliances Dishwasher: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Lighting Recessed: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Ceiling TrayCofferd: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Gulf
  • Waterfront Features: Gulf, Shore - Beach
  • Waterfront: Yes
  • Exterior Features: Balcony
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • Exterior:Balcony: Yes

Garage/Parking

  • General Property Info:Garage2: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electric, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Association #2 Fee: 3104.4
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

  • Elementary School: Patronis
  • High School: Arnold
  • Middle Or Junior School: Surfside

Lot Info

  • Parcel #: 30585-340-000
  • ResoLotSizeUnits: Acres

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,784 $482,881 -- --
2023 $5,784 $438,983 $0 $485,563
2022 $4,656 $399,075 $0 $399,075
2021 $1,187 $133,468 $0 $0
2020 $1,182 $267,325 $0 $0
2019 $1,438 $207,357 $0 $0
2018 $1,427 $148,549 $0 $0
2017 $1,402 $145,494 $0 $0
2016 $1,389 $142,501 $0 $0
2015 $1,420 $141,510 $0 $0
2014 $1,404 $140,387 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2025 03/15/25 Price Changed $735,000 -2.0% $538 / Sq Ft
02/18/2025 02/18/25 Price Changed $750,000 -3.8% $549 / Sq Ft
11/16/2024 11/16/24 Price Changed $780,000 -0.6% $571 / Sq Ft
10/10/2024 10/10/24 Price Changed $785,000 -1.9% $574 / Sq Ft
09/29/2024 09/29/24 For Sale $800,000 -- $585 / Sq Ft
Source: Emerald Coast Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- --
Warranty Deed $450,000 Mti Title Insurance Agcy Inc
Warranty Deed $200,000 Diamond Title Agency Inc
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $360,000 New Conventional
Previous Owner $175,000 Commercial
Previous Owner $135,000 Credit Line Revolving
Source: Public Records

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Source: Emerald Coast Association of REALTORS®

MLS Number: 972286

Emerald Coast Association of REALTORS®

APN: 30585-340-000