$634,900

Watercrest Condo 6201 Thomas Dr Unit 702 Floor 7 Panama City, FL 32408

Lower Grand Lagoon Area

Estimated payment $5,031/month

2 Beds
2 Baths
1,404 Sq Ft
$452 Price per Sq Ft

Highlights

  • Beach
  • Deeded access to the beach
  • Heated In Ground Pool
  • Property fronts gulf or ocean
  • 24-Hour Security
  • Tennis Courts

About This Home

Welcome to Watercrest 702 -- a beautifully maintained 2-bedroom, 2-bath Gulf-front condo offering stunning views and effortless coastal living. Located on a desirable lower floor, this residence provides the perfect balance of convenience and breathtaking scenery, with the soothing sights and sounds of the Gulf just steps away. Inside, the condo features luxury vinyl plank flooring throughout, complemented by granite countertops and a stylish tile backsplash in the kitchen, creating a clean and modern coastal aesthetic. The spacious layout comfortably sleeps up to 8 guests, making it ideal as a private getaway or a future income-producing property. Notably, this unit has never been on the short-term rental market and has been lovingly cared for as a secondary home. The primary bedroom is perfectly positioned on the Gulf side, allowing you to wake up to sweeping water views and direct balcony access. The open living and dining areas flow seamlessly onto the balcony, offering the perfect spot to relax and take in the incredible beachfront scenery. Watercrest has undergone significant recent upgrades, enhancing both value and peace of mind. Improvements include new hurricane-impact windows and sliders, along with Spring 2026 renovations featuring fresh exterior paint, new balcony railings, and fully updated balconies. The pool area has also been revitalized, including a renovated pool, pool deck, and hot tub. Residents and guests enjoy an impressive array of amenities, including a heated beachfront pool, hot tub, kiddie pool, BBQ grills, fitness center, conference room, tennis courts, pickleball court, shuffleboard, and a lively poolside tiki bar. Additional conveniences include on-site vending machines, an ice machine, and an ATM. Across the street, overflow parking and storage are available for boats, jet skis, and trailers. Watercrest is ideally located near a wide variety of restaurants, entertainment options, and family-friendly activities. Everyday essentials are just minutes away with Walmart, Publix, and Winn-Dixie nearby. An added bonus -- the neighboring development, Hadley's Beach, will consist of single-family homes, ensuring no high-rise obstruction to your incredible views. With the HOA conveniently located onsite on the third floor, communication and management are easily accessible. Don't miss this opportunity to own a beautifully updated Gulf-front condo in one of the area's most desirable communities.

Listing Agent

Sassy French

Keller Williams Success Realty License #SL3401216 Listed on: 08/01/2026

Keller Williams Success Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,343

Year Built

  • Built in 1987

HOA Fees

  • $1,100 Monthly HOA Fees

Home Design

  • Entry on the 7th floor
  • Stucco

Interior Spaces

  • Ceiling Fan
  • Tinted Windows
  • Family Room
  • Dining Room
  • Stacked Washer and Dryer

Kitchen

  • Electric Oven
  • Electric Cooktop

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Parking

  • No Garage
  • Paved 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

Additional Features

  • Property fronts gulf or ocean
  • Central Heating and Cooling System

Community Details

Overview

  • Association fees include management, cable TV, electricity, fitness facility, internet, legal/accounting, ground maintenance, pool(s), sewer, security, tennis courts, trash, water
  • 174 Units
  • High-Rise Community
  • Watercrest Condo Subdivision
  • 18-Story Property

Amenities

  • Community Barbecue Grill
  • Meeting Room
  • Elevator

Recreation

  • Beach
  • Community Spa
  • Park

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,343

Year Built

Built in 1987

Lot Details

0 Sq Ft Lot

HOA Fees

$1,100 per month

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
  • Entry Level: 7
  • New Construction: No
  • Building Stories: 18
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 18

Interior Features

  • Appliances: Washer/Dryer Stacked, Electric Cooktop, Electric Oven
  • Interior Amenities: Balcony, Double Vanity, Main Level Primary, Tub Shower
  • Spa Features: Community
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Storm Door(s)
  • Dining Room Type: Bedroom, Dining Room, Family Room, Full Bath, Kitchen, Primary Bathroom, Primary Bedroom
  • Stories: 18
  • Window Features: Storm Window(s), Tinted Windows

Exterior Features

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

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 3298.59
  • Community Features: Barbecue, Beach, Conference/Meeting Room, Elevator, Fitness Center, Park, Pool, Tennis Court(s), Waterfront, Community Pool, Short Term Rental Allowed
  • Amenities: Beach Rights, Barbecue
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Cable TV, Electricity, Fitness Facility, Internet, Legal/Accounting, Maintenance Grounds, Pool(s), Sewer, Security, Tennis Courts, Trash, Water

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Lot Features: Sprinkler System, Paved
  • Zoning Description: City

Multi Family

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

Tax Info

  • Tax Annual Amount: 5342.7
  • Tax Year: 2025

MLS Schools

  • Elementary School: Patronis
  • High School: Arnold

Map

About Watercrest Condo

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $5,380 $341,612
2024 $4,818 $310,556
2023 $4,818 $282,324 $0 $509,958
2022 $3,982 $256,658 $0 $0
2021 $3,238 $239,975 $0 $0
2020 $3,151 $294,780 $0 $294,780
2019 $2,483 $198,326 $0 $198,326
2018 $2,961 $233,325 $0 $0
2017 $2,766 $216,325 $0 $0
2016 $2,758 $197,472 $0 $0
2015 $2,572 $179,520 $0 $0
2014 $2,191 $163,200 $0 $0
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/01/2026 08/01/26 For Sale $634,900 +235.9% $452 / Sq Ft
07/05/2022 07/05/22 Off Market $189,000 -- --
08/16/2013 08/16/13 Sold $189,000 -10.0% $135 / Sq Ft View Prior Sale
08/03/2013 08/03/13 Pending -- -- --
05/22/2013 05/22/13 For Sale $210,000 -- $150 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $260,000 South Oak Title 30A Llc
Warranty Deed $189,000 Dba Bay County Land & Abstra
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $208,000 Adjustable Rate Mortgage/ARM
Previous Owner $125,000 Credit Line Revolving
Source: Public Records

About the Listing Agent

Sassy French
Sassy French

Keller Williams Success Realty

(448) 242-9546

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* 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: 793441

Central Panhandle Association of REALTORS®

APN: 30585-262-000

Florida Bay County Panama City 32408

6201 Thomas Dr Unit 702, Panama City, FL

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
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Keller Williams Success Realty
(448) 242-9546
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