$585,000
$87K PRICE DROP

Watercrest Condo 6201 Thomas Dr Unit 1405 Panama City, FL 32408

Estimated payment $4,737/month

Total Views 3,282
2 Beds
2 Baths
1,379 Sq Ft
$424 Price per Sq Ft

Highlights

  • Beach
  • Property fronts gulf or ocean
  • Furnished
  • Patronis Elementary School Rated A-
  • In Ground Pool
  • Balcony

About This Home

Beautiful 2 Bedroom/2 Bath updated Gulf Front condo at Watercrest. This is a great location on the desirable East End of the Beach. This spacious condo is located in the center of the building with great gulf views. Wakeup every morning in the master bedroom with a breathtaking view of the shimmering emerald gulf water. With the large living room and dining area, you have plenty of room for large family get togethers. This condo will give you the perfect place to make many wonderful memories. Watercrest is a very popular beach distination which makes this a very good investment property. Take a look at this condo today.The Seller is motived so send us an offer!

Listing Agent

Martha Gray

Counts Real Estate Group Inc License #3130420 Listed on: 12/10/2024

Counts Real Estate Group Inc

Co-Listing Agent

Rick Gray

Counts Real Estate Group Inc License #0623229

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,619

Year Built

  • Built in 1987

Lot Details

  • Property fronts gulf or ocean

HOA Fees

  • $1,081 Monthly HOA Fees

Home Design

  • Pillar, Post or Pier Foundation
  • Stucco

Interior Spaces

  • 1,379 Sq Ft Home
  • Furnished
  • Living Room
  • Stacked Washer and Dryer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • In Ground Pool
  • Balcony

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

Overview

  • Association fees include clubhouse, insurance, legal/accounting, ground maintenance, pool(s), sewer, tennis courts, trash, water
  • High-Rise Condominium
  • Watercrest Condo Subdivision
  • 18-Story Property

Recreation

  • Beach

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,619

Year Built

Built in 1987

Lot Details

0

HOA Fees

$1,081 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1987
  • Property Sub Type: Condominium
  • Co List Office Mls Id: BSGC
  • Co List Office Phone: (850) 249-3615
  • Subdivision Name: Watercrest Condo
  • Architectural Style: High Rise
  • Entry Level: 14
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Washer/Dryer Stacked, Dishwasher, Electric Range, Electric Water Heater, Microwave
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1379.0
  • Dining Room Type: Bedroom, Full Bath, Kitchen, Living Room, Primary Bathroom, Primary Bedroom
  • Stories: 18

Exterior Features

  • Pool Features: Pool, Community
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Construction Type: Concrete, Stucco
  • Exterior Features: Balcony
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Balcony

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Stacked
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 3243.99
  • Community Features: Beach, Short Term Rental Allowed, Pool
  • Senior Community: No
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Clubhouse, Insurance, Legal/Accounting, Maintenance Grounds, Pool(s), Sewer, Tennis Courts, Trash, Water

Schools

  • Middle Or Junior School: Surfside

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Annual Amount: 5619.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: Patronis
  • High School: Arnold

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 $5,619 $586,856 -- $586,856
2023 $5,619 $446,250 $0 $446,250
2022 $0 $202,610 $0 $0
2021 $0 $176,739 $0 $0
2020 $0 $209,525 $0 $0
2019 $0 $192,010 $0 $192,010
2018 $0 $196,709 $0 $0
2017 $0 $192,663 $0 $0
2016 $0 $188,700 $0 $0
2015 $2,432 $151,564 $0 $0
2014 -- $137,785 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2025 05/21/25 Price Changed $585,000 -10.0% $424 / Sq Ft
03/18/2025 03/18/25 Price Changed $650,000 -3.3% $471 / Sq Ft
12/10/2024 12/10/24 For Sale $672,000 +28.0% $487 / Sq Ft
01/22/2023 01/22/23 Off Market $525,000 -- --
12/09/2022 12/09/22 Sold $525,000 -9.3% $381 / Sq Ft
10/03/2022 10/03/22 For Sale $579,000 +10.3% $420 / Sq Ft
09/30/2022 09/30/22 Off Market $525,000 -- --
07/30/2022 07/30/22 For Sale $579,000 +149.6% $420 / Sq Ft
06/20/2022 06/20/22 Off Market $232,000 -- --
04/24/2015 04/24/15 Sold $232,000 -10.4% $168 / Sq Ft
03/27/2015 03/27/15 Pending -- -- --
11/14/2014 11/14/14 For Sale $258,900 -- $188 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed $100 --
Warranty Deed $525,000 --
Warranty Deed $232,000 Omega Title Llc
Interfamily Deed Transfer -- Attorney
Warranty Deed $185,000 Diamond Title Agency Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $178,200 New Conventional
Previous Owner $185,600 Adjustable Rate Mortgage/ARM
Previous Owner $148,000 Seller Take Back
Source: Public Records

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Source: Central Panhandle Association of REALTORS®

MLS Number: 766013

Central Panhandle Association of REALTORS®

APN: 30585-325-000