$800,000

Watercrest Condo 6201 Thomas Dr Unit 207 Panama City, FL 32408

Estimated payment $4,681/month

Total Views 29
3 Beds
3 Baths
1,441 Sq Ft
$555 Price per Sq Ft

Highlights

  • Beach
  • Deeded access to the beach
  • Heated In Ground Pool
  • Patronis Elementary School Rated A-
  • 24-Hour Security
  • Gulf View

About This Home

Experience the ultimate in coastal luxury with this fully renovated Gulf-front 3-bedroom, 3-bathroom condo at the highly sought-after Watercrest Condominiums on the east end of Panama City Beach, Florida. Whether you're seeking a high-performing short-term rental investment, a primary residence, or a vacation retreat, this property delivers the perfect blend of comfort, style, and location. Property Highlights:
3 Bedrooms | 3 Bathrooms | Sleeps 14
2 Masters bedrooms on the Gulf
Second-floor unit offering breathtaking Gulf views from the spacious private balcony
Total renovation with luxury vinyl plank (LVP) flooring throughout
Designer bathrooms featuring custom tile showers, with one bathroom including a tub/shower combo
Custom-built bunk beds in the third bedroom designed for adult and child comfort
Open-concept living and dining area with modern finishes and coastal-inspired décor
Amenities Enjoy resort-style living with access to exceptional amenities, including:
Heated beachfront pool and hot tub
Tennis and pickleball courts
24-hour onsite security for peace of mind
Private beach access just steps from your door
Location:Perfectly positioned on the east end of Panama City Beach, Watercrest offers walking distance to local restaurants, beach bars, and family-friendly activities. Whether you're exploring nearby St. Andrews State Park, enjoying a sunset dinner, or simply relaxing on your balcony, this condo offers the ideal coastal lifestyle. Investment Potential:
With its prime beachfront location, luxury upgrades, and high sleeping capacity, this condo is a turnkey short-term rental machine ready to generate strong rental income from day one. Discover your piece of paradise at Watercrest — where luxury, location, and lifestyle meet.

Listing Agent

Sassy French

Keller Williams Success Realty License #SL3401216 Listed on: 12/22/2025

Keller Williams Success Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,718

Year Built

  • Built in 1987

Interior Spaces

  • Ceiling Fan
  • Tinted Windows

Kitchen

  • Electric Oven
  • Electric Cooktop

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Home Security

Parking

  • Paved Parking
  • Additional Parking
  • Parking Lot

Pool

  • Heated In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Deeded access to the beach
  • Balcony

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

Overview

  • Property has a Home Owners Association
  • 174 Units
  • High-Rise Condominium
  • Watercrest Condo Subdivision
  • 18-Story Property

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Meeting Room
  • Elevator

Recreation

  • Beach
  • Community Spa

Security

  • 24-Hour Security
  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,718

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1987
  • Property Sub Type: Condominium
  • Road Frontage Type: City Street
  • Subdivision Name: Watercrest Condo
  • Architectural Style: High Rise
  • New Construction: No
  • Building Stories: 18
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 18

Interior Features

  • Appliances: Electric Cooktop, Electric Oven, Electric Water Heater
  • Spa Features: Community
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Flooring: Luxury Vinyl Plank
  • Dining Room Type: Bedroom, Primary Bedroom, Other
  • Stories: 18
  • Window Features: Storm Window(s), Tinted Windows

Exterior Features

  • Pool Features: Fenced, Electric Heat, In Ground, Community
  • View: Gulf
  • View: Yes
  • Waterfront Features: Shoreline - Sand
  • Waterfront: Yes
  • Patio And Porch Features: Balcony

Garage/Parking

  • Parking Features: Additional Parking, Paved, Parking Lot
  • Garage: No
  • Attached Garage: No

Utilities

  • Utilities: Cable Connected, Electricity Available
  • Security Features: Fire Sprinkler System, 24 Hour Security, Security Guard, Fire Alarm, Smoke Detector(s), Security Service
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Central, Electric
  • Green Building Features: Dumpster
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Community Features: Barbecue, Beach, Clubhouse, Conference/Meeting Room, Elevator, Fitness Center, Pool, Tennis Court(s), Waterfront, Short Term Rental Allowed
  • Amenities: Beach Rights
  • Association: Yes

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Lot Features: Sprinkler System, Paved
  • Mobile Dim Units: Feet
  • Zoning Description: City, Resid Multi-Family

Multi Family

  • Number Of Units Total: 174
  • Number Of Units Furnished: All Units

Tax Info

  • Tax Annual Amount: 5718.0
  • Tax Year: 2024

MLS Schools

  • Elementary School: Patronis
  • High School: Arnold

Map

About Watercrest Condo

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 $5,959 $346,977 -- --
2023 $5,959 $315,434 $0 $675,750
2022 $4,532 $286,758 $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 $3,459 $260,689 $0 $0
2017 $3,249 $236,990 $0 $0
2016 $3,062 $215,445 $0 $0
2015 $2,967 $195,859 $0 $0
2014 $2,387 $178,054 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/22/2025 12/22/25 For Sale $800,000 -- $555 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $321,000 --
Interfamily Deed Transfer $125,100 --
Warranty Deed $290,000 Lawyers Title Agency Of Nort
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $256,800 Purchase Money Mortgage
Previous Owner $263,000 Purchase Money Mortgage
Previous Owner $261,000 Purchase Money Mortgage
Closed $201,750 No Value Available
Closed $32,100 No Value Available
Source: Public Records

About the Listing Agent

Sassy French
Sassy French

Keller Williams Success Realty

(448) 222-2927

Section Image

* 2023 TOP PRODUCER AT KELLER WILLIAMS SUCCESS REALTY
* Luxury Agent
* Military Relocation Professional/ MRP
* America's Top 100/ Top 1% Real Estate Agents

An East Tennessee native, Sassy is a graduate of the University of Tennessee/Knoxville, earning MagnaCum Laude/Honors and obtaining her Master’s Degree in Rehabilitation Counseling in 1990. She also holds a Bachelor of Science in Human Services and Psychology from Tennessee Wesleyan College in Athens, TN graduating in 1989.

View Sassy's Profile

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Source: Central Panhandle Association of REALTORS®

MLS Number: 782898

Central Panhandle Association of REALTORS®

APN: 30585-217-000

Florida Bay County Panama City 32408

6201 Thomas Dr Unit 207, Panama City, FL

For Sale

Condos

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.

Central Panhandle Association of REALTORS® 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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Sassy French
Sassy French
Listing Agent Section Image
Keller Williams Success Realty
(448) 222-2927