Skip main navigation
Sold for $1,175,000
  • $1,175,000

    6201 Thomas Dr Unit 1805, Panama City Beach, FL 32408

    3beds
    3,056sqft
    Condominium
    Built in 1987
    -- sqft lot
    $1,165,700 Zestimate®
    $384/sqft
    $4,954 Estimated rent

    Home value

    $1,165,700

    $1.06M - $1.27M

    $4,954/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $4,954/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $4,954/mo

    Rent Zestimate®

    Refinance and save

    $7,646/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $7,646/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    Private poolGulf frontWest corner unitBreathtaking panoramic viewsCathedral ceilingsRecessed lighting
    Luxurious Gulf Front Penthouse Condo at Watercrest Welcome to coastal paradise living at its finest! Nestled in the heart of Panama City Beach, this exclusive 3-bedroom, 3-bathroom penthouse condo offers a rare opportunity to own a slice of heaven in one of the most sought-after locations along the Gulf Coast. Boasting a prestigious position as one of only four units on the penthouse floor, this fixer-upper presents the perfect canvas for your dream coastal retreat. With cathedral ceilings and recessed lighting enhancing the expansive over 3000 sq ft of living area, you'll be enveloped in a sense of grandeur from the moment you step inside. Indulge in breathtaking panoramic views of the sparkling Gulf waters and sugar-white sands from the nearly 1000 square feet of balcony space, providing the ultimate setting for sunset cocktails and al fresco dining. Positioned as a coveted west corner unit, you'll relish in the unparalleled vistas of the Gulf's shimmering waters and breathtaking sunsets, ensuring every moment is bathed in natural beauty. As a resident of the penthouse floor, you'll enjoy the pinnacle of luxury living with exclusive access to your own private pool, reserved solely for penthouse owners. Immerse yourself in the tranquility of the water, surrounded by the whispering sea breeze and the soothing sound of waves crashing against the shore. This penthouse also includes deeded parking, ensuring convenience and peace of mind for you and your guests. With endless possibilities to customize and finish out to your exact specifications, this penthouse presents a rare opportunity to create a bespoke coastal haven tailored to your every desire. Don't miss your chance to elevate your lifestyle to new heights with this exceptional Gulf Front Penthouse Condo at Watercrest. Contact us today to schedule your private tour and embark on the journey to coastal luxury living.

    Zillow last checked:

    Listing updated:

    Listed by:

    Tyler W Everett 850-381-1192,

    Performance Realty,

    Mike Alvis 850-258-2214,

    Performance Realty

    Bought with:

    Laina Dillman

    Lifes A Beach Real Estate, LLC

    Source: CPAR,MLS#: 776263MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Rooms
    • Room types: Bedroom, Dining Room, Full Bath, Foyer, Kitchen, Living Room, Primary Bathroom, Primary Bedroom, Other, Pantry
    Primary bedroom
    • Level: First
    • Dimensions: 19 x 15
    Bedroom
    • Level: First
    • Dimensions: 16 x 13
    Bedroom
    • Level: First
    • Dimensions: 15 x 13
    Primary bathroom
    • Level: First
    • Dimensions: 23 x 22
    Dining room
    • Level: First
    • Dimensions: 23 x 16
    Foyer
    • Level: First
    • Dimensions: 17 x 5
    Other
    • Level: First
    • Dimensions: 9 x 9
    Other
    • Level: First
    • Dimensions: 5 x 5
    Kitchen
    • Level: First
    • Dimensions: 15 x 11
    Living room
    • Level: First
    • Dimensions: 31 x 23
    Other
    • Description: Ocean Balcony
    • Features: Balcony
    • Level: First
    • Dimensions: 23 x 7
    Other
    • Description: West Balcony
    • Features: Balcony
    • Level: First
    • Dimensions: 40 x 15
    Other
    • Description: Master Bed Balcony
    • Features: Balcony
    • Level: First
    • Dimensions: 27 x 7
    Pantry
    • Level: First
    • Dimensions: 7 x 4
    Heating
    • Central, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Electric Water Heater
    Features
    • Entrance Foyer, Pantry
    Interior area
    • Total structure area: 3,056
    • Total interior livable area: 3,056 sqft

    Property

    Parking
    • Parking features: Gated, Paved
    Features
    • Patio & porch: Balcony
    • Pool features: Community
    • Has view: Yes
    • View description: Gulf, Lagoon
    • Has water view: Yes
    • Water view: Gulf,Lagoon
    • Waterfront features: Gulf
    Lot
    • Features: Paved
    Details
    • Parcel number: 30585365000
    • Zoning description: City
    • Special conditions: Listed As-Is

    Construction

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

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Cable Connected, Electricity Available, Natural Gas Available

    Community & HOA

    Community
    • Features: Barbecue, Beach, Clubhouse, Elevator, Fitness Center, Gated, Pool, Waterfront, Community Pool, Short Term Rental Allowed
    • Security: Fire Escape, Firewall(s), Fire Sprinkler System, Security Gate, Security Lights, Security Service
    • Subdivision: Watercrest Condo
    HOA
    • Has HOA: Yes
    • Amenities included: Other, See Remarks, Gated
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $384/sqft
    • Tax assessed value: $916,800
    • Annual tax amount: $10,715
    • Date on market: 7/15/2025
    • Cumulative days on market: 254 days
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    4/9/2026Sold$1,175,000-30.9%$384/sqft
    Source: CPAR #776263 Report a problem
    3/26/2026Pending sale$1,700,000$556/sqft
    Source: CPAR #776263 Report a problem
    1/23/2026Price change$1,700,000-19%$556/sqft
    Source: CPAR #776263 Report a problem
    7/15/2025Listed for sale$2,100,000$687/sqft
    Source: CPAR #776263 Report a problem
    3/27/2025Listing removed$2,100,000$687/sqft
    Source: CPAR #754819 Report a problem
    3/26/2024Listed for sale$2,100,000+178.1%$687/sqft
    Source: CPAR #754819 Report a problem
    7/20/2017Sold$755,000$247/sqft
    Source: CPAR #657038 Report a problem
    6/25/2017Pending sale$755,000$247/sqft
    Source: Coldwell Banker/Carroll Realty #657038 Report a problem
    5/4/2017Price change$755,000-11.2%$247/sqft
    Source: Coldwell Banker Carroll Realty, Inc. #657038 Report a problem
    4/1/2017Listed for sale$850,000$278/sqft
    Source: Coldwell Banker Carroll Realty #657038 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$10,715 +8.5%$831,996 +10%
    2023$9,873 +23.5%$756,360 +10%
    2022$7,993 $687,600
    2021-- --
    2020$6,676 -1.3%$545,487
    2019$6,761 $545,487 -15%
    2018$6,761 -16.3%$641,750 +56.7%
    2017$8,073 +55.2%$409,504 +7.2%
    2016$5,201 +2.3%$382,000
    2015$5,082 $382,000 +25%
    2014$5,082 $305,600
    2013-- $305,600 +1%
    2012-- $302,544 -20.1%
    2011-- $378,815
    2010-- $378,815 -15.6%
    2009-- $448,779 0%
    2008-- $448,780 -17%
    2007-- $540,381 -18%
    2006-- $659,001
    2005-- $659,001 +50.8%
    2004-- $437,001
    2003-- $437,001 +15%
    2002-- $380,000
    2001-- $380,000
    2000-- $380,000
    Find assessor info on the county website

    Neighborhood: Lower Grand Lagoon

    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.

    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $1,165,700
    2% more
    +$23,314
    With Zillow Showcase(estimated)
    $1,189,014
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $1,165,700
    2% more
    +$23,314
    With Zillow Showcase(estimated)
    $1,189,014