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Sold for $775,000
    • $775,000

    6201 Thomas Dr Unit 207, Panama City Beach, FL 32408

    3beds
    1,441sqft
    Condominium
    Built in 1987
    -- sqft lot
    $745,300 Zestimate®
    $538/sqft
    $3,282 Estimated rent

    Home value

    $745,300

    $708,000 - $783,000

    $3,282/mo

    Zestimate® history
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    What's special

    Prime beachfront locationHigh sleeping capacitySpacious private balconyTennis and pickleball courts
    Experience the ultimate in coastal luxury with this fully renovated Gulf-front 3-bedroom, 3-bathroom condo at the highly sought-after Watercrest Condominiums on the east end of Panama City Beach, Florida. Whether you're seeking a high-performing short-term rental investment, a primary residence, or a vacation retreat, this property delivers the perfect blend of comfort, style, and location. Property Highlights: 3 Bedrooms | 3 Bathrooms | Sleeps 14 2 Masters bedrooms on the Gulf Second-floor unit offering breathtaking Gulf views from the spacious private balcony Total renovation with luxury vinyl plank (LVP) flooring throughout Designer bathrooms featuring custom tile showers, with one bathroom including a tub/shower combo Custom-built bunk beds in the third bedroom designed for adult and child comfort Open-concept living and dining area with modern finishes and coastal-inspired décor Amenities Enjoy resort-style living with access to exceptional amenities, including: Heated beachfront pool and hot tub Tennis and pickleball courts 24-hour onsite security for peace of mind Private beach access just steps from your door Location:Perfectly positioned on the east end of Panama City Beach, Watercrest offers walking distance to local restaurants, beach bars, and family-friendly activities. Whether you're exploring nearby St. Andrews State Park, enjoying a sunset dinner, or simply relaxing on your balcony, this condo offers the ideal coastal lifestyle. Investment Potential: With its prime beachfront location, luxury upgrades, and high sleeping capacity, this condo is a turnkey short-term rental machine ready to generate strong rental income from day one. Discover your piece of paradise at Watercrest — where luxury, location, and lifestyle meet.

    Zillow last checked:

    Listing updated:

    Listed by:

    Sassy French 865-617-6184,

    Keller Williams Success Realty

    Bought with:

    Abbott Martin Group

    EXP Realty LLC

    Source: CPAR,MLS#: 782898MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Rooms
    • Room types: Bedroom, Primary Bedroom, Other
    Primary bedroom
    • Description: Master 1
    • Level: First
    • Dimensions: 13 x 13
    Primary bedroom
    • Description: Master 2
    • Level: First
    • Dimensions: 13 x 13
    Bedroom
    • Description: Bedroom 3
    • Level: First
    • Dimensions: 13 x 12
    Other
    • Description: Balcony
    • Features: Balcony
    • Level: First
    • Dimensions: 13 x 12
    Heating
    • Central, Electric
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Electric Cooktop, Electric Oven, Electric Water Heater
    Features
    • Doors: Storm Door(s)
    • Windows: Storm Window(s), Tinted Windows
    Interior area
    • Total structure area: 1,441
    • Total interior livable area: 1,441 sqft

    Property

    Parking
    • Parking features: Additional Parking, Paved, Parking Lot
    Features
    • Stories: 18
    • Patio & porch: Balcony
    • Pool features: Fenced, Electric Heat, In Ground, Community
    • Spa features: Community
    • Has view: Yes
    • View description: Gulf
    • Has water view: Yes
    • Water view: Gulf
    • Waterfront features: Gulf, Shoreline - Sand
    Lot
    • Features: Sprinkler System, Paved
    Details
    • Additional structures: Other, Tennis Court(s)
    • Parcel number: 30585217000
    • Zoning description: City, 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
    • Stucco
    Condition
    • New construction: No
    • Year built: 1987

    Utilities & green energy

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

    Community & HOA

    Community
    • Features: Barbecue, Beach, Clubhouse, Conference/Meeting Room, Elevator, Fitness Center, Pool, Tennis Court(s), Waterfront, Community Pool, Short Term Rental Allowed
    • Security: Fire Sprinkler System, 24 Hour Security, Security Guard, Fire Alarm, Smoke Detector(s), Security Service
    • Subdivision: Watercrest Condo
    HOA
    • Has HOA: Yes
    • Amenities included: Beach Rights
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $538/sqft
    • Tax assessed value: $613,241
    • Annual tax amount: $5,718
    • Date on market: 12/22/2025
    • Cumulative days on market: 114 days
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    4/22/2026Sold$775,000-3.1%$538/sqft
    Source: CPAR #782898 Report a problem
    4/15/2026Pending sale$800,000$555/sqft
    Source: CPAR #782898 Report a problem
    12/22/2025Listed for sale$800,000$555/sqft
    Source: CPAR #782898 Report a problem
    11/12/2025Pending sale$800,000$555/sqft
    Source: Owner Report a problem
    10/17/2025Price change$800,000+12.7%$555/sqft
    Source: Owner Report a problem
    8/24/2025Pending sale$710,000$493/sqft
    Source: Owner Report a problem
    8/7/2025Price change$710,000-4.1%$493/sqft
    Source: Owner Report a problem
    6/26/2025Price change$740,000-3.9%$514/sqft
    Source: Owner Report a problem
    2/28/2025Price change$770,000-3.1%$534/sqft
    Source: Owner Report a problem
    1/1/2025Listed for sale$795,000+147.7%$552/sqft
    Source: Owner Report a problem
    3/5/2003Sold$321,000+10.7%$223/sqft
    Source: Public Record Report a problem
    4/4/2000Sold$290,000$201/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$5,718 -4%$346,977 +10%
    2023$5,959 +31.5%$315,434 +10%
    2022$4,532 $286,758
    2021-- --
    2020$3,499 +15.2%$267,620 +10%
    2019$3,037 $243,291 -6.7%
    2018$3,037 -12.2%$260,689 +10%
    2017$3,459 +6.5%$236,990 +10%
    2016$3,249 +9.5%$215,445 +10%
    2015$2,967 $195,859 +10%
    2014$2,967 $178,054
    2013-- $178,054 -2.8%
    2012-- $183,230 -7.7%
    2011-- $198,581 -11%
    2010-- $223,125 -6.1%
    2009-- $237,549 -25.5%
    2008-- $318,709 -17%
    2007-- $383,761 -18%
    2006-- $468,001
    2005-- $468,001 +88%
    2004-- $249,001
    2003-- $249,001 +27.3%
    2002-- $195,560
    2001-- $195,560
    2000-- $195,560
    Find assessor info on the county website

    Neighborhood: Lower Grand Lagoon

    Nearby homes

    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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    $745,300
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    $760,206

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