6201 Thomas Drive 1402, Panama City Beach, FL 32408 (MLS# 789472)

HOA Fee: Yes

HOA Amount: 3298.59

HOA Frequency: Quarterly

HOA Annual Amount: 13194.36

New Buyer Fee: No

Brokerage Interest: No Interest

As Is: Yes

Condo Doc: Yes

List Price/SqFt: 373.93

Status: Active

List Date: 2026-05-06

List Price: $525,000

Current Price: $525,000

Unit #: 1402

Sub Area: 0323 - Beach - South of Grand Lagoon

Community/Resort: None

Waterfront: Yes

Gulf Access: Yes

Elementary School: Patronis

Middle School: Surfside

High School: Arnold

Directions: From the Hathaway Bridge, head south onto Thomas Drive and continue for about 5-7 miles toward the east end of the beach; after passing Regency Towers and getting close to Schooners Beach Club, you'll find Watercrest Condominium on the left side--look for the large green ''W'' sign, then turn into the driveway and proceed to parking, take the elevator to the 14th floor, and head to Unit 1402.

Area: 03 - Bay County - Beach

Street #: 6201

Street Name: Thomas

Street Suffix: Drive

State: FL

Zip Code: 32408

County: Bay

Subdivision: Watercrest Condo

Parcel ID: 30585322000

Legal Description: WATERCREST CONDO UNIT 1402 (TYPE B) ORB 1149 P 1677 2BR 2B 1404 H&C ORB 3537 P 2247 . ORB 4291 P 1497

Floor Number: 14

Design: High-Rise (8+ floors)

Apx SqFt(Htd/Cooled): 1404

Construction Status: Construction Complete

SqFt Source: Prop App Site

Lot Dimensions: 0*0

New Construction: No

Garage Y/N: No

Pool: Yes

Pool Type: Community

Sub-Type: Condominium

Bedrooms: 2

Full Baths: 2

Total Baths: 2

Year Built: 1987

Remarks: In a market full of noise, buyers want two things: LOW price and AMAZING views--and this one has BOTH!!! This 2-bedroom end unit at Watercrest is priced as the lowest in the entire building, giving you an incredible opportunity to walk in with instant equity and serious cash flow potential. And the views? Absolutely unreal. Being a corner unit, you get unobstructed panoramic Gulf views, extra windows, tons of natural light, and that open, elevated feel buyers and renters go crazy for. This is the kind of property that doesn't just sit--it performs. With this price point + these views, you're perfectly positioned to attract more bookings, increase rental income, and maximize returns. Plus, Watercrest offers a tennis court, adding even more appeal for guests and owners alike. Deals like this don't last--especially when they check every box. If you're looking for value, views, and income potential... this is the one!!!

Dishwasher: 1

Disposal: 1

Dryer: 1

Ice Maker: 1

Microwave: 1

Range - Electric: 1

Refrigerator: 1

Washer: 1

Water Heater - Electric: 1

Floor - Tile: 1

Pantry: 1

Balcony: 1

Shore - Beach: 1

Dumpster: 1

Ground Keeping: 1

Internet Service: 1

Internet-WiFi: 1

Management: 1

Master Association: 1

Pool: 1

Sewer: 1

Trash Disposal: 1

Water: 1

Whirlpool: 1

Irrigation: 1

Cash: 1

Conventional: 1

Unfurnished: 1

Floor - Carpet: 1

First: 1

Parking Lot: 1

MBed Balcony: 1

MBed Waterfront: 1

MBath Shower/Tub Combo: 1

Resid Multi-Family: 1

Beach: 1

Dumpster: 1

Exercise Room: 1

Pool: 1

Tennis: 1

Waterfront: 1

Recreation Facilities: 1

Kitchen: 1

Master Bedroom: 1

Cable - Available: 1

Electricity - Connected: 1

Internet - Broadband Available: 1

Public Sewer - Connected: 1

Public Water - Connected: 1

Gulf: 1

Unobstructed: 1

As Is: 1

Gulf: 1

First: 1

Ceiling Fan(s): 1

Central Air: 1

Electric: 1

Central: 1

Electric: 1

Fire Sprinkler System: 1

Smoke Detector(s): 1