6201 Thomas Drive
Panama City Beach, FL 32408
- 3 beds
- 3 baths
- 1,441 sqft
- $555 per sqft
- 1987 build
- – on site
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
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Last updated Mar 4, 2025
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MLS# 968110 —
The Building
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Year Built:1987
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Construction Materials:Concrete
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Building Area Total:1441.0
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Building Area Source:County PA Records
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Architectural Style:N/A
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Basement:None
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Levels:None
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Foundation Details:None
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Exterior Features:BBQ Pit/Grill, Patio Covered
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Window Features:Double Pane Windows
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Patio And Porch Features:None
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Accessibility Features:None
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Security Features:None
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Direction Faces:None
Interior
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Interior Features:Breakfast Bar, Floor Tile, Washer/Dryer Hookup
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Rooms Total:8
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Flooring:None
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Fireplace:No
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Fireplaces Total:None
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Fireplace Features:None
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Laundry Features:None
Room Dimensions
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Living Area:None
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Living Area Units:None
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Living Area Source:None
Financial & Terms
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Buyer Financing:Conventional
Location
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Directions:From Hwy 98 South on Powell Adams Dr East on Thomas, Property on south side of road
The Property
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Property Type:Residential
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Property Subtype:Condominium
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Property Condition:Construction Complete
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Property Attached:None
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Lot Size Units:Acres
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Possible Use:None
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Parcel Number:30585-227-000
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Topography:None
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Waterfront:true
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Waterfront Features:Gulf/Pass
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Water Body Name:None
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Year:2024
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Tax Annual Amount:7576.12
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Tax Legal Description:WATERCREST CONDO UNIT 307 (TYPE D) ORB 1149 P 1677 3BR 3B 1441 H&C ORB 4799 P 1816
Beds
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Bedrooms Total:3
Baths
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Total Baths:3.0
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Total Baths:3
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Full Baths:3
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Partial Baths:None
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Three Quarter Baths:None
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Quarter Baths:None
The Listing
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Virtual Tour URL Branded:None
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Home Warranty:No
Heating & Cooling
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Heating:Heat Pump Air To Air, Central
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Heating:true
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Cooling:Central Air
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Cooling:true
Utilities
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Utilities:Electric, Phone, Public Sewer, Public Water, TV Cable
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Electric:None
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Sewer:None
Appliances
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Appliances:Cooktop, Dishwasher, Disposal, Dryer, Fire Alarm/Sprinkler, Range Hood, Refrigerator, Smoke Detector, Stove/Oven Electric, Trash Compactor, Washer
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Dryer:true
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Washer:true
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Disposal:true
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Dishwasher:true
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Range:true
Schools
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Elementary School:Patronis
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Elementary School District:None
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Middle Or Junior School:Surfside
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Middle Or Junior School District:None
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High School:Arnold
The Community
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Subdivision Name:WATERCREST CONDO
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Community Features:Beach, Community Room, Game Room, Tennis
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Association:true
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Association Amenities:None
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Association Fee:None
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Association Fee 2:1000.0
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Association Fee Frequency:Monthly
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Association Fee Includes:Advertising, Ground Keeping, Insurance, Legal, Licenses/Permits, Management, Recreational Faclty, Repairs/Maintenance, Sewer, Water, Cable TV, Trash
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Pool Private:None
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Pool Features:Pool Type
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Spa Features:None
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Pets Allowed:None
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Senior Community:No
Parking
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Attached Garage:false
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Carport:true
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Parking Features:Carport
Monthly cost estimate
Asking price
$799,999
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$4,283
|
| Taxes | $631 |
| Insurance | $219 |
| Utilities | $158 See report |
| Total | $5,291/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
2/8/25
Feb 8, 2025
|
Listed / Active | ECARMLS | $799,999 |
