Watercrest Condo 6201 Thomas Dr Unit 1008 Panama City, FL 32408
Estimated payment $4,308/month
Highlights
- Beach
- Deeded access to the beach
- In Ground Pool
- Patronis Elementary School Rated A-
- 24-Hour Security
- Gulf View
About This Home
LOCATION, LOCATION, LOCATION.... If you've been searching for the PERFECT BEACH FRONT CONDO on Panama City Beach, your search ends here! Welcome to Unit 1008 at Watercrest, one of the most desirable residences on the Emerald Coast. With 1,441 square feet, this beautifully designed 2-bedroom, open-concept condo delivers everything buyers want—and very few ever get! Why is the 08 stack so coveted? Simple: more direct Gulf-front windows than any other unit in the building—and arguably on the beach. The views are breathtaking, expansive, and impossible to replicate. Then there's the massive Gulf-front balcony—a true showstopper. Designed for entertaining, it comfortably hosts 20+ guests for sunset cocktails, coastal breezes, and unforgettable evenings overlooking miles of emerald water and sugar-white sand! Perched on the 10th floor, this unit hits the sweet spot. High enough for panoramic views and privacy, yet low enough to clearly see the pool, beach, and ocean—while staying comfortably above the noise of lower floors. Guests and owners alike love this level! Watercrest is widely regarded as one of the premier Gulf-front condominiums on Panama City Beach, and opportunities like this are increasingly rare. Units in this location, with this floor plan and view, do not last! If owning a standout beachfront property is your goal, now is the time to act. Prime locations like this are always in demand—and rarely available. Don't miss your chance to claim one of the finest condos on the beach!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,629
Year Built
- Built in 1987
Parking
- Parking Lot
Interior Spaces
- Ceiling Fan
- Living Room
- Security Lights
Kitchen
- Electric Oven
- Electric Range
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Pool
- In Ground Pool
- Outdoor Shower
Outdoor Features
- Deeded access to the beach
- Balcony
Schools
- Patronis Elementary School
- Surfside Middle School
- Arnold High School
Utilities
- Central Air
- Heating Available
- Underground Utilities
- Electric Water Heater
- High Speed Internet
Community Details
Overview
- Property has a Home Owners Association
- High-Rise Condominium
- Watercrest Condo Subdivision
Amenities
- Community Barbecue Grill
- Clubhouse
- Game Room
- Meeting Room
- Elevator
Recreation
- Beach
- Park
Security
- 24-Hour Security
- Fire and Smoke Detector
- Fire Sprinkler System
- Fire Escape
Map
About Watercrest Condo
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 | $5,540 | $334,172 | -- | -- |
| 2023 | $5,540 | $303,793 | $0 | $614,125 |
| 2022 | $4,007 | $276,175 | $0 | $0 |
| 2021 | $3,051 | $251,068 | $0 | $251,068 |
| 2020 | $3,049 | $251,068 | $0 | $251,068 |
| 2019 | $2,771 | $221,627 | $0 | $221,627 |
| 2018 | $3,224 | $248,276 | $0 | $0 |
| 2017 | $3,024 | $225,705 | $0 | $0 |
| 2016 | $2,950 | $205,186 | $0 | $0 |
| 2015 | $2,828 | $186,533 | $0 | $0 |
| 2014 | $2,275 | $169,575 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/16/2025 12/16/25 | For Sale | $729,900 | +124.6% | $507 / Sq Ft | |
| 03/02/2018 03/02/18 | Sold | $325,000 | 0.0% | $226 / Sq Ft | View Prior Sale |
| 01/30/2018 01/30/18 | Pending | -- | -- | -- | |
| 05/05/2017 05/05/17 | For Sale | $325,000 | -- | $226 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $325,000 | Attorney | |
| Special Warranty Deed | $159,000 | American Home Title Of Tampa | |
| Trustee Deed | -- | None Available | |
| Warranty Deed | $325,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $292,500 | New Conventional | |
| Previous Owner | $260,000 | Purchase Money Mortgage | |
| Closed | $32,500 | No Value Available |
Source: Central Panhandle Association of REALTORS®
MLS Number: 782703
APN: 30585-298-000
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IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
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