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Pending
    • Price cut: $100 (8/21)
    $699,400

    6201 Thomas Dr Unit 1008, Panama City Beach, FL 32408

    2beds
    1,441sqft
    : 
    $5,575/mo
    Get pre-qualified
    Condominium
    Built in 1987
    -- sqft lot
    $671,700 Zestimate®
    $485/sqft
    $1,035/mo HOA

    What's special

    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!
    258 days
    201
    9

    Zillow last checked:

    Listing updated:

    Listed by:

    Daniel Peak 850-890-8884,

    Realty Mark Associates,

    Fred D Peak 850-776-7522,

    Realty Mark Associates

    Source: CPAR,MLS#: 782703MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Rooms
      • Room types: Kitchen, Living Room, Primary Bathroom, Primary Bedroom
      Primary bedroom
      • Level: First
      • Dimensions: 13 x 12
      Primary bathroom
      • Level: First
      • Dimensions: 13 x 13
      Kitchen
      • Level: First
      • Dimensions: 12 x 11
      Living room
      • Level: First
      • Dimensions: 24 x 15
      Heating
      • Electric
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Electric Oven, Electric Range, Electric Water Heater
      Features
      • Main Level Primary
      Interior area
      • Total structure area: 1,441
      • Total interior livable area: 1,441 sqft

      Property

      Parking
      • Parking features: Parking Lot
      Features
      • Patio & porch: Balcony
      • Exterior features: Barbecue, Outdoor Shower
      • Has private pool: Yes
      • Pool features: In Ground, Community, Private
      • Has view: Yes
      • View description: Gulf
      • Has water view: Yes
      • Water view: Gulf
      • Waterfront features: Gulf, Shoreline - Sand
      Details
      • Parcel number: 30585298000
      • Zoning description: Resid Multi-Family
      • Special conditions: Listed As-Is

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: High Rise
      • Property subtype: Condominium
      • Attached to another structure: Yes
      Materials
      • Concrete, Stucco
      • Foundation: Pillar/Post/Pier
      Condition
      • New construction: No
      • Year built: 1987

      Utilities & green energy

      • Sewer: Public Sewer
      • Utilities for property: Cable Connected, Electricity Available, High Speed Internet Available, Phone Connected, Underground Utilities

      Community & HOA

      Community
      • Features: Beach, Clubhouse, Conference/Meeting Room, Elevator, Fitness Center, Game Room, Park, Pool, Shopping, Tennis Court(s), Waterfront, Barbecue, Short Term Rental Allowed
      • Security: Fire Escape, Fire Sprinkler System, 24 Hour Security, Security Lights, Smoke Detector(s), Security Service
      • Subdivision: Watercrest Condo
      HOA
      • Has HOA: Yes
      • Amenities included: Beach Rights, Game Room, Barbecue
      • Services included: Association Management, Clubhouse, Cable TV, Fitness Facility, Insurance, Legal/Accounting, Maintenance Grounds, Pool(s), Security, Tennis Courts, Trash
      • HOA fee: $3,104 quarterly
      Location
      • Region: Panama City Beach

      Financial & listing details

      • Price per square foot: $485/sqft
      • Tax assessed value: $613,241
      • Annual tax amount: $5,629
      • Date on market: 6/15/2026
      • Cumulative days on market: 257 days
      • Electric utility on property: Yes

        Estimated market value

        $671,700

        $638,000 - $705,000

        $2,674/mo

        Price history

        DateEventPrice
        8/31/2026Pending sale$699,400$485/sqft
        Source: CPAR #782703 Report a problem
        8/21/2026Price change$699,4000%$485/sqft
        Source: CPAR #782703 Report a problem
        8/7/2026Price change$699,5000%$485/sqft
        Source: CPAR #782703 Report a problem
        7/17/2026Price change$699,6000%$485/sqft
        Source: CPAR #782703 Report a problem
        7/3/2026Price change$699,7000%$486/sqft
        Source: CPAR #782703 Report a problem
        6/5/2026Price change$699,8000%$486/sqft
        Source: CPAR #782703 Report a problem
        4/7/2026Price change$699,900-4.1%$486/sqft
        Source: CPAR #782703 Report a problem
        3/13/2026Price change$729,5000%$506/sqft
        Source: CPAR #782703 Report a problem
        3/5/2026Price change$729,6000%$506/sqft
        Source: CPAR #782703 Report a problem
        2/27/2026Price change$729,7000%$506/sqft
        Source: CPAR #782703 Report a problem
        2/19/2026Price change$729,8000%$506/sqft
        Source: CPAR #782703 Report a problem
        12/16/2025Listed for sale$729,900+124.6%$507/sqft
        Source: CPAR #782703 Report a problem
        2/28/2018Sold$325,000-4.1%$226/sqft
        Source: CPAR #645825 Report a problem
        1/30/2018Pending sale$339,000$235/sqft
        Source: Jim Free Realty LLC #645825 Report a problem
        12/13/2017Listed for sale$339,000$235/sqft
        Source: Jim Free Realty LLC #645825 Report a problem
        9/20/2017Listing removed$339,000$235/sqft
        Source: Jim Free Realty LLC #645825 Report a problem
        5/13/2016Price change$339,000+9.4%$235/sqft
        Source: Jim Free Realty LLC #645825 Report a problem
        5/3/2016Listed for sale$309,900+94.9%$215/sqft
        Source: Jim Free Realty LLC #645825 Report a problem
        3/10/2011Sold$159,000+2%$110/sqft
        Source: Public Record Report a problem
        2/12/2011Listed for sale$155,900-52%$108/sqft
        Source: foreclosure.com Report a problem
        10/8/2003Sold$325,000$226/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$5,629 +1.6%$334,172 +10%
        2023$5,540 +38.3%$303,793 +10%
        2022$4,007 $276,175
        2021-- --
        2020$3,049 +10.1%$243,790 +10%
        2019$2,771 $221,627 -10.7%
        2018$2,771 -14.1%$248,276 +10%
        2017$3,224 +6.6%$225,705 +10%
        2016$3,024 +6.9%$205,186 +10%
        2015$2,828 $186,533 +10%
        2014$2,828 $169,575
        2013-- $169,575 -2.8%
        2012-- $174,505 -7.7%
        2011-- $189,125 -11%
        2010-- $212,500 -6.1%
        2009-- $226,237 -24.2%
        2008-- $298,279 -17%
        2007-- $359,161 -18%
        2006-- $438,001
        2005-- $438,001 +69.1%
        2004-- $259,001
        2003-- $259,001 +32.4%
        2002-- $195,560
        2001-- $195,560
        2000-- $195,560
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Lower Grand Lagoon

        Getting around

        41 / 100
        Car-Dependent
        50 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Patronis
        • Middle: Surfside
        • High: Arnold

        Source: CPAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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