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For sale
  • Price cut: $50.1K (8/7)
    $599,900

    6201 Thomas Dr Unit 609, Panama City Beach, FL 32408

    2beds
    1,404sqft
    : 
    $4,929/mo
    Get pre-qualified
    Condominium
    Built in 1987
    -- sqft lot
    $573,000 Zestimate®
    $427/sqft
    $1,035/mo HOA

    What's special

    Hot tubPrivate beach accessLarge private balconyGulf-front swimming poolBreathtaking gulf viewsCovered parkingGulf-front primary suite
    Welcome to Unit 609 at Watercrest, where breathtaking Gulf views and resort-style living come together in one of Panama City Beach's most desirable beachfront communities. This beautifully maintained 2-bedroom, 2-bath condominium offers an open-concept floor plan designed to maximize both comfort and the stunning views of the Gulf of Mexico. The spacious living area flows seamlessly onto a large private balcony, providing the perfect place to enjoy morning coffee, spectacular sunsets, or the soothing sound of the waves. The well-appointed kitchen features ample cabinetry, generous counter space, and a breakfast bar that opens to the dining and living areas, making it ideal for entertaining. The Gulf-front primary suite offers private balcony access, beautiful water views, and an ensuite bathroom with a double vanity and separate walk-in shower. The guest bedroom provides comfortable accommodations for family and friends, while the second full bathroom is conveniently located nearby. Watercrest is known for its exceptional amenities, including a Gulf-front swimming pool, hot tub, fitness center, tennis courts, private beach access, covered parking, and 24-hour security. Conveniently located on the east end of Thomas Drive, you'll enjoy easy access to marinas, dining, shopping, St. Andrews State Park, and all that Panama City Beach has to offer. Whether you're looking for a full-time residence, vacation getaway, or investment opportunity, this Gulf-front condominium offers the perfect combination of location, lifestyle, and coastal charm.
    52 days
    92
    2

    Zillow last checked:

    Listing updated:

    Listed by:

    Ashley Cutchins 850-774-5487,

    Miller & Associates Realty,

    Bryce A Miller 850-890-5887,

    Miller & Associates Realty

    Source: CPAR,MLS#: 792401MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Rooms
      • Room types: Bedroom, Dining Room, Kitchen, Primary Bedroom
      Primary bedroom
      • Dimensions: 16 x 13
      Bedroom
      • Dimensions: 15 x 13
      Dining room
      • Description: Dining/ LIving Combo
      • Dimensions: 24 x 15
      Kitchen
      • Dimensions: 11 x 10
      Interior area
      • Total structure area: 1,404
      • Total interior livable area: 1,404 sqft

      Property

      Features
      • Pool features: Community
      • On waterfront: Yes
      • Waterfront features: Gulf
      Details
      • Parcel number: 30585259000

      Construction

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

      Utilities & green energy

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

      Community & HOA

      Community
      • Features: Community Pool, Short Term Rental Allowed
      • Subdivision: Watercrest Condo
      HOA
      • Has HOA: Yes
      • Amenities included: Gazebo
      • Services included: Association Management, Clubhouse, Cable TV, Fitness Facility, Insurance, Internet, Legal/Accounting, Maintenance Grounds, Pest Control, Phone, Recreation Facilities, Sewer, Water
      • HOA fee: $3,104 quarterly
      Location
      • Region: Panama City Beach

      Financial & listing details

      • Price per square foot: $427/sqft
      • Tax assessed value: $597,495
      • Annual tax amount: $5,380
      • Date on market: 7/9/2026
      • Cumulative days on market: 52 days

        Estimated market value

        $573,000

        $544,000 - $602,000

        $2,579/mo

        Price history

        DateEventPrice
        8/7/2026Price change$599,900-7.7%$427/sqft
        Source: CPAR #792401 Report a problem
        7/9/2026Listed for sale$650,000+1059%$463/sqft
        Source: CPAR #792401 Report a problem
        12/2/2019Sold$56,085-76.5%$40/sqft
        Source: Public Record Report a problem
        12/26/2014Sold$239,000-0.3%$170/sqft
        Source: CPAR #624763 Report a problem
        10/17/2014Price change$239,8000%$171/sqft
        Source: Jim Free Realty #624763 Report a problem
        10/8/2014Listed for sale$239,900-7.7%$171/sqft
        Source: Jim Free Realty #624763 Report a problem
        1/6/2003Sold$260,000$185/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$5,380 +11.7%$310,556 +10%
        2023$4,818 +21%$282,324 +10%
        2022$3,982 $256,658
        2021-- --
        2020$3,151 +26.9%$218,159 +10%
        2019$2,483 $198,326 -15%
        2018$2,483 -16.1%$233,325 +7.9%
        2017$2,961 +7%$216,325 -3.2%
        2016$2,766 +1.7%$223,465 +10%
        2015$2,721 $203,150 +24.5%
        2014$2,721 $163,200 +7.6%
        2013-- $151,632 +9.1%
        2012-- $138,996 -16.1%
        2011-- $165,750 -19.9%
        2010-- $207,048 -6.1%
        2009-- $220,428 -23.1%
        2008-- $286,702 -17%
        2007-- $345,221 -18%
        2006-- $421,001
        2005-- $421,001 +85.5%
        2004-- $227,001
        2003-- $227,001 +51.5%
        2002-- $149,840
        2001-- $149,840
        2000-- $149,840
        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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