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Pending
  • Price cut: $100 (7/17)
    $719,600

    6201 Thomas Dr Unit 1510, Panama City Beach, FL 32408

    2beds
    1,367sqft
    : 
    $5,771/mo
    Get pre-qualified
    Condominium
    Built in 1987
    -- sqft lot
    $685,100 Zestimate®
    $526/sqft
    $1,100/mo HOA

    What's special

    Fresh finishesWarm gulf breezesWraparound balconyStunning beachfront retreatTennis courtsLuxurious two-bedroom two-bath condominiumHot tub
    CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. Welcome to Watercrest 1510, a stunning beachfront retreat in the heart of Panama City Beach, Florida. Perfectly perched on the 15th floor, this luxurious two-bedroom, two-bath condominium delivers everything you envision when you picture coastal paradise--panoramic ocean views, warm Gulf breezes, and unforgettable sunsets over sugar-white sands! There is a third sleeping area with bunks that is generating additional rental revenue. This property has a proven rental history, making it an outstanding investment and personal escape in one. Guests return year after year for its unbeatable location and sophisticated comfort. Recently refreshed with over $110,000 in renovations, Watercrest 1510 shines with style and attention to detail. Fresh finishes, modern furnishings, and an open-concept design showcase coastal elegance while maintaining easy, livable charm! Step inside and you're immediately greeted by breathtaking, floor-to-ceiling views of the Gulf of Mexico. The light-filled living area opens directly to a wraparound balcony--a signature feature of this unit--offering nearly endless horizons and sea breezes from sunrise to sunset. There's space for morning coffee, leisurely lunches, or sunset cocktails as the sky transforms into shades of gold and coral. A second private balcony extends the outdoor living space, giving you multiple vantage points to take in the view and overlooking the tennis courts! Inside, the kitchen features upgraded appliances, sleek countertops, and new cabinetry--designed for both beauty and functionality. The bedrooms are tranquil retreats, the master suite featuring direct balcony access and an oceanfront panorama that makes waking up feel extraordinary. Every corner has been curated for relaxation, from the luxurious bathrooms to the thoughtful coastal décor! Watercrest is one of Panama City Beach's most desirable resorts, known for its prime beachfront location and array of amenities. Enjoy a large beachfront pool, hot tub, kiddie pool, fitness center, tennis courts, and direct access to the soft sands of the Gulf coast. The building is well-maintained and conveniently situated near top local attractions, dining, and entertainment--everything you or your guests could want within minutes! Whether you're seeking an income-producing investment or a private oceanfront getaway, Watercrest 1510 delivers the best of both worlds: modern comfort, timeless views, and the ultimate Panama City Beach lifestyle. With turnkey upgrades, a strong rental record, and a setting built for memory-making, this is your chance to own a piece of Gulf Coast perfection! Watercrest 1510--where every sunset feels like it was meant just for you!
    131 days
    32
    2

    Zillow last checked:

    Listing updated:

    Listed by:

    Daniel Peak 850-890-8884,

    Realty Mark Associates

    Source: CPAR,MLS#: 788806MLS 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 bathroom
      • Level: First
      • Dimensions: 13 x 16
      Kitchen
      • Level: First
      • Dimensions: 11 x 10
      Living room
      • Level: First
      • Dimensions: 24 x 15
      Heating
      • Central, Electric
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Electric Cooktop, Electric Oven, Electric Water Heater, Ice Maker
      Features
      • Balcony, Coffered Ceiling(s), Double Vanity, Main Level Primary, Smart Thermostat, Walk-In Closet(s)
      • Doors: Storm Door(s)
      • Windows: Storm Window(s)
      Interior area
      • Total structure area: 1,367
      • Total interior livable area: 1,367 sqft

      Property

      Features
      • Patio & porch: Balcony
      • Has private pool: Yes
      • Pool features: In Ground, Community, Private
      • Spa features: Community
      • Has view: Yes
      • View description: Gulf
      • Has water view: Yes
      • Water view: Gulf
      • Waterfront features: Gulf, Shoreline - Sand, Shoreline - Natural
      Details
      • Parcel number: 30585340000
      • 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

      Community & HOA

      Community
      • Features: Barbecue, Beach, Conference/Meeting Room, Elevator, Fitness Center, Game Room, Pool, Tennis Court(s), Waterfront, Short Term Rental Allowed
      • Security: Building Security, Fire Escape, Fire Sprinkler System, 24 Hour Security, Fire Alarm, Smoke Detector(s)
      • Subdivision: Watercrest Condo
      HOA
      • Has HOA: Yes
      • Amenities included: Beach Rights, Game Room, Spa/Hot Tub
      • Services included: Association Management, Clubhouse, Fitness Facility, Insurance, Internet, Legal/Accounting, Maintenance Grounds, Pool(s), Sewer, Security, Tennis Courts, Trash, Water
      • HOA fee: $3,299 quarterly
      Location
      • Region: Panama City Beach

      Financial & listing details

      • Price per square foot: $526/sqft
      • Tax assessed value: $581,749
      • Annual tax amount: $6,801
      • Date on market: 4/23/2026
      • Cumulative days on market: 96 days
      • Electric utility on property: Yes

        Estimated market value

        $685,100

        $651,000 - $719,000

        $2,358/mo

        Price history

        DateEventPrice
        7/27/2026Pending sale$719,600$526/sqft
        Source: CPAR #788806 Report a problem
        7/17/2026Price change$719,6000%$526/sqft
        Source: CPAR #788806 Report a problem
        7/3/2026Price change$719,7000%$526/sqft
        Source: CPAR #788806 Report a problem
        6/15/2026Price change$719,8000%$527/sqft
        Source: CPAR #788806 Report a problem
        6/5/2026Price change$719,9000%$527/sqft
        Source: CPAR #788806 Report a problem
        4/23/2026Listed for sale$720,000-2%$527/sqft
        Source: CPAR #788806 Report a problem
        1/1/2026Listing removed$735,000$538/sqft
        Source: CPAR #780908 Report a problem
        10/28/2025Listed for sale$735,000$538/sqft
        Source: CPAR #780908 Report a problem
        9/25/2025Listing removed$735,000$538/sqft
        Source: CPAR #763222 Report a problem
        3/15/2025Price change$735,000-2%$538/sqft
        Source: CPAR #763222 Report a problem
        2/18/2025Price change$750,000-3.8%$549/sqft
        Source: CPAR #763222 Report a problem
        11/16/2024Price change$780,000-0.6%$571/sqft
        Source: CPAR #763222 Report a problem
        10/10/2024Price change$785,000-1.9%$574/sqft
        Source: CPAR #763222 Report a problem
        9/29/2024Listed for sale$800,000+77.8%$585/sqft
        Source: CPAR #763222 Report a problem
        7/2/2021Sold$450,000+0.2%$329/sqft
        Source: Public Record Report a problem
        5/3/2021Pending sale$449,000$328/sqft
        Source: CPAR #710308 Report a problem
        5/1/2021Price change$449,000-6.3%$328/sqft
        Source: CPAR #710308 Report a problem
        4/21/2021Listed for sale$479,000$350/sqft
        Source: CPAR #710308 Report a problem
        4/14/2021Contingent$479,000$350/sqft
        Source: CPAR #710308 Report a problem
        4/14/2021Listed for sale$479,000+110.1%$350/sqft
        Source: CPAR #710308 Report a problem
        5/12/2010Listing removed$228,000$167/sqft
        Source: Prudential Shimmering Sands Realty #399515 Report a problem
        5/4/2010Listed for sale$228,000+14%$167/sqft
        Source: Prudential Shimmering Sands Realty #399515 Report a problem
        1/20/2010Sold$200,000-31.6%$146/sqft
        Source: Public Record Report a problem
        6/12/2009Listing removed$292,500$214/sqft
        Source: Postlets #392325 Report a problem
        3/13/2009Listed for sale$292,500$214/sqft
        Source: Postlets #392325 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$6,499 +12.4%$482,881 +10%
        2023$5,784 +24.2%$438,983 +10%
        2022$4,656 $399,075
        2021-- --
        2020$1,182 -17.8%$131,625 -13%
        2019$1,438 $151,371 +1.9%
        2018$1,438 +0.8%$148,549 +2.1%
        2017$1,427 +1.8%$145,494 +2.1%
        2016$1,402 -1.3%$142,501 +0.7%
        2015$1,420 $141,510 +0.8%
        2014$1,420 $140,387 +1.5%
        2013-- $138,312 +1.7%
        2012-- $136,000 -20%
        2011-- $170,000
        2010-- $170,000 -20.8%
        2009-- $214,619 -24.4%
        2008-- $283,978 -17%
        2007-- $341,941 -18%
        2006-- $417,001
        2005-- $417,001 +81.3%
        2004-- $230,001
        2003-- $230,001 +25.8%
        2002-- $182,875
        2001-- $182,875
        2000-- $182,875
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Lower Grand Lagoon

        Getting around

        38 / 100
        Car-Dependent
        48 / 100
        Somewhat 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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