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For sale
  • $634,900

    6201 Thomas Dr Unit 702, Panama City Beach, FL 32408

    2beds
    1,404sqft
    : 
    $5,221/mo
    Get pre-qualified
    Condominium
    Built in 1987
    -- sqft lot
    $599,900 Zestimate®
    $452/sqft
    $1,100/mo HOA

    What's special

    Tennis courtsHot tubDirect balcony accessStunning viewsBbq grillsGranite countertopsLively poolside tiki bar
    Welcome to Watercrest 702 -- a beautifully maintained 2-bedroom, 2-bath Gulf-front condo offering stunning views and effortless coastal living. Located on a desirable lower floor, this residence provides the perfect balance of convenience and breathtaking scenery, with the soothing sights and sounds of the Gulf just steps away. Inside, the condo features luxury vinyl plank flooring throughout, complemented by granite countertops and a stylish tile backsplash in the kitchen, creating a clean and modern coastal aesthetic. The spacious layout comfortably sleeps up to 8 guests, making it ideal as a private getaway or a future income-producing property. Notably, this unit has never been on the short-term rental market and has been lovingly cared for as a secondary home. The primary bedroom is perfectly positioned on the Gulf side, allowing you to wake up to sweeping water views and direct balcony access. The open living and dining areas flow seamlessly onto the balcony, offering the perfect spot to relax and take in the incredible beachfront scenery. Watercrest has undergone significant recent upgrades, enhancing both value and peace of mind. Improvements include new hurricane-impact windows and sliders, along with Spring 2026 renovations featuring fresh exterior paint, new balcony railings, and fully updated balconies. The pool area has also been revitalized, including a renovated pool, pool deck, and hot tub. Residents and guests enjoy an impressive array of amenities, including a heated beachfront pool, hot tub, kiddie pool, BBQ grills, fitness center, conference room, tennis courts, pickleball court, shuffleboard, and a lively poolside tiki bar. Additional conveniences include on-site vending machines, an ice machine, and an ATM. Across the street, overflow parking and storage are available for boats, jet skis, and trailers. Watercrest is ideally located near a wide variety of restaurants, entertainment options, and family-friendly activities. Everyday essentials are just minutes away with Walmart, Publix, and Winn-Dixie nearby. An added bonus -- the neighboring development, Hadley's Beach, will consist of single-family homes, ensuring no high-rise obstruction to your incredible views. With the HOA conveniently located onsite on the third floor, communication and management are easily accessible. Don't miss this opportunity to own a beautifully updated Gulf-front condo in one of the area's most desirable communities.
    30 days
    265
    21

    Zillow last checked:

    Listing updated:

    Listed by:

    Sassy French 865-617-6184,

    Keller Williams Success Realty

    Source: CPAR,MLS#: 793441MLS 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, Family Room, Full Bath, Kitchen, Primary Bathroom, Primary Bedroom
      Primary bedroom
      • Level: First
      • Dimensions: 13.8 x 15.9
      Bedroom
      • Level: First
      • Dimensions: 13.8 x 15.9
      Primary bathroom
      • Level: First
      • Dimensions: 7.6 x 210
      Dining room
      • Level: First
      • Dimensions: 15.3 x 11.4
      Family room
      • Level: First
      • Dimensions: 15.3 x 13.3
      Other
      • Level: First
      • Dimensions: 9.5 x 2.7
      Kitchen
      • Level: First
      • Dimensions: 15.3 x 911
      Heating
      • Central, Electric
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Washer/Dryer Stacked, Electric Cooktop, Electric Oven
      • Laundry: Stacked
      Features
      • Balcony, Double Vanity, Main Level Primary, Tub Shower
      • Doors: Storm Door(s)
      • Windows: Storm Window(s), Tinted Windows
      Interior area
      • Total structure area: 1,404
      • Total interior livable area: 1,404 sqft

      Property

      Parking
      • Parking features: No Garage, 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, Water
      • Has water view: Yes
      • Water view: Gulf,Water
      • Waterfront features: Gulf, Shoreline - Sand
      Lot
      • Features: Sprinkler System, Paved
      Details
      • Additional structures: Other, Tennis Court(s)
      • Parcel number: 30585262000
      • 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

      Community & HOA

      Community
      • Features: Barbecue, Beach, Conference/Meeting Room, Elevator, Fitness Center, Park, Pool, Tennis Court(s), Waterfront, Community Pool, Short Term Rental Allowed
      • Security: Building 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, Barbecue
      • Services included: Association Management, Cable TV, Electricity, Fitness Facility, 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: $452/sqft
      • Tax assessed value: $597,495
      • Annual tax amount: $5,342
      • Date on market: 8/1/2026
      • Electric utility on property: Yes

        Estimated market value

        $599,900

        $570,000 - $630,000

        $2,579/mo

        Price history

        DateEventPrice
        8/1/2026Listed for sale$634,900+235.9%$452/sqft
        Source: CPAR #793441 Report a problem
        8/16/2013Sold$189,000-10%$135/sqft
        Source: CPAR #609396 Report a problem
        5/23/2013Listed for sale$210,000-6.6%$150/sqft
        Source: Jim Free Realty #609396 Report a problem
        3/2/2011Listing removed$224,900$160/sqft
        Source: Miller & Associates Realty #406883 Report a problem
        1/23/2011Price change$224,900-6.3%$160/sqft
        Source: Miller & Associates Realty #406883 Report a problem
        1/20/2011Price change$239,900+6.7%$171/sqft
        Source: Miller & Associates Realty #406883 Report a problem
        5/30/2010Listed for sale$224,900-12.8%$160/sqft
        Source: Miller & Associates Realty #406883 Report a problem
        3/27/2010Listing removed$258,000$184/sqft
        Source: Miller & Associates Realty #396923 Report a problem
        9/6/2009Listed for sale$258,000$184/sqft
        Source: Miller & Associates Realty #396923 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 +9.5%
        2016$2,766 +7.5%$197,472 +10%
        2015$2,572 $179,520 +10%
        2014$2,572 $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.
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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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