Watercrest Condo 6201 Thomas Dr Unit 307 Panama City Beach, FL 32408
Estimated payment $6,011/month
Total Views
2,760
3
Beds
3
Baths
1,441
Sq Ft
$555
Price per Sq Ft
Highlights
- Beach
- Property fronts gulf or ocean
- Tennis Courts
- Patronis Elementary School Rated A-
- Main Floor Primary Bedroom
- Game Room
About This Home
Turnkey Gulf-Front Investment Opportunity in Watercrest - Panama City Beach!
Looking for the perfect rental machine or vacation retreat? This 3-bedroom, 3-bathroom condo in the highly sought-after Watercrest building is a proven income generator, booked solid and sold fully furnished. Situated on the prime 3rd floor, this unit boasts two gulf-front master suites, each with a king bed, private en-suite bath, and direct balcony access—ideal for maximizing rental appeal. The coastal-inspired interior features an updated kitchen, walk-in showers, tile flooring, tongue-and-groove ceilings, and an open layout with breathtaking pool and beach views.
Exclusive 3rd-Floor Perk: Watercrest offers a private-feel elevator that only services floors 1-4—minimizing wait times and maximizing co
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $7,576
Year Built
- Built in 1987
Lot Details
- Property fronts gulf or ocean
HOA Fees
- $1,000 Monthly HOA Fees
Parking
- Carport
Home Design
- Concrete Siding
Interior Spaces
- 1,441 Sq Ft Home
- Double Pane Windows
- Dining Room
- Tile Flooring
Kitchen
- Breakfast Bar
- Electric Oven or Range
- Cooktop with Range Hood
- Dishwasher
- Trash Compactor
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- En-Suite Primary Bedroom
- 3 Full Bathrooms
Laundry
- Dryer
- Washer
Home Security
Outdoor Features
- Covered Patio or Porch
- Built-In Barbecue
Schools
- Patronis Elementary School
- Surfside Middle School
- Arnold High School
Utilities
- Central Heating and Cooling System
- Air Source Heat Pump
- Electric Water Heater
- Phone Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 30585-227-000
Community Details
Overview
- Association fees include advertising, ground keeping, insurance, legal, licenses/permits, management, recreational faclty, repairs/maintenance, sewer, water, cable TV, trash
- Watercrest Condo Subdivision
Amenities
- Game Room
- Recreation Room
Recreation
- Beach
Security
- Building Fire Alarm
- Fire and Smoke Detector
- Fire Sprinkler System
Map
About Watercrest Condo
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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 | $8,489 | $613,241 | -- | $613,241 |
| 2023 | $8,489 | $675,750 | $0 | $675,750 |
| 2022 | $4,702 | $314,848 | $0 | $0 |
| 2021 | $3,613 | $294,382 | $0 | $0 |
| 2020 | $3,499 | $301,608 | $0 | $301,608 |
| 2019 | $3,037 | $243,291 | $0 | $243,291 |
| 2018 | $3,623 | $286,225 | $0 | $0 |
| 2017 | $3,468 | $272,000 | $0 | $0 |
| 2016 | $3,313 | $255,000 | $0 | $0 |
| 2015 | $3,279 | $245,438 | $0 | $0 |
| 2014 | $2,387 | $178,054 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/08/2025 02/08/25 | For Sale | $799,999 | -- | $555 / Sq Ft |
Source: Emerald Coast Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $100 | None Listed On Document | |
| Warranty Deed | $795,000 | Mcmichael & Gray Pc | |
| Warranty Deed | $275,000 | Mti Title Insurance Agency I |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $495,000 | New Conventional |
Source: Public Records
Similar Homes in Panama City Beach, FL
Source: Emerald Coast Association of REALTORS®
MLS Number: 968110
APN: 30585-227-000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Nearby Homes
- 6201 Thomas Dr Unit 1606
- 6201 Thomas Dr Unit 409
- 6201 Thomas Dr Unit 1805
- 6201 Thomas Dr Unit 1005
- 6201 Thomas Dr Unit 1702
- 6201 Thomas Dr Unit 1108
- 6201 Thomas Dr Unit 406
- 6201 Thomas Dr Unit 1405
- 6201 Thomas Dr Unit 302
- 6201 Thomas Dr Unit 1510
- 6201 Thomas Dr Unit 405
- 6205 Thomas Dr Unit 8D
- 6205 Thomas Dr Unit D8
- 6205 Thomas Dr Unit C8
- 6205 Thomas Dr Unit 10E
- 6205 Thomas Dr Unit 11D
- 6205 Thomas Dr Unit D2
- 5956 Gulf Dr
- 5955 Gulf Dr
- 5948 Gulf Dr
- 6024 Beach Dr Unit A
- 6217 Pinetree Ave Unit B
- 5726 Beach Dr Unit ID1238434P
- 5717 Thomas Dr Unit ID1230844P
- 3816 Quarts St Unit ID1252046P
- 6604 Beach Dr
- 6604 Beach Dr Unit B
- 5604 Beach Dr
- 4114 Holiday 7 Dr Unit 7
- 5500 Beach Dr Unit 16
- 5500 Sunset Ave Unit B
- 6545 N Lagoon Dr Unit 11
- 6910 Beach Dr
- 6912 Beach Dr
- 6901 N Lagoon Dr Unit 43
- 6328 N Lagoon Dr
- 7009 N Lagoon Dr Unit 116
- 7009 N Lagoon Dr Unit 103
- 3657 Oakbrook Ln
- 2711B Redwood St