$775,000
Panama City, FL 32408
MLS# 782898
Status: Sold
3 beds | 3 baths | 1441 sqft

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Property Description
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.
Details
Maps
Listing Info, Tax and Legal
Homestead: Yes
HOA Fee: Yes
HOA Amount: 3378.02
HOA Frequency: Quarterly
HOA Annual Amount: 13512.08
New Buyer Fee: No
Last Taxes: 5718
Last Tax Year: 2024
Brokerage Interest: No Interest
As Is: Yes
Condo Doc: Yes
Contract Info
List Price/SqFt: 555.17
Status: Sold
List Date: 2025-11-11
List Price: $800,000
Current Price: $775,000
Location
Unit #: 207
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 travel south on Navy Drive, go past the curve where Newby's is at and continue on for about a mile. Watercrest will be on your left. Look for the big green ''W'' on the front of the building
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: 30585-217-000
Legal Description: WATERCREST CONDO UNIT 207 (TYPE D) ORB 1938 P 389 ORB 2060 P 1561 3BR 3B 1441 H&C ORB 2246 P2306
General Property Info
Floor Number: 1
Design: High-Rise (8+ floors)
Apx SqFt(Htd/Cooled): 1441
Construction Status: Construction Complete
SqFt Source: Prop App Site
# of Stories in Building: 18
# of Units in Bldg: 174
Lot Dimensions: 0x0
New Construction: No
Garage Y/N: No
Pool: Yes
Pool Type: Community
Sub-Type: Condominium
Bedrooms: 3
Full Baths: 3
Total Baths: 3
Year Built: 1987
Remarks & Misc
Remarks: 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.
Status Change Info
Sold Price/SqFt: 537.82
Under Contract Date: 2026-04-15
Sold Date: 2026-04-22
Sold Price: $775,000
Balcony
First: 1
Pool Features
Fenced: 1
Heated - Electric: 1
Inground: 1
Spa/ Hot Tub: 1
Appliances
Cooktop - Electric: 1
Dishwasher: 1
Disposal: 1
Dryer: 1
Microwave: 1
Oven - Electric: 1
Refrigerator: 1
Washer: 1
Water Heater - Electric: 1
Interior Features
Floor - Vinyl Plank: 1
Window - Treatment All: 1
Construction/Siding
Siding - Stucco: 1
Exterior
Balcony: 1
Sprinkler System: 1
Storm Doors: 1
Storm Windows: 1
Tinted Windows: 1
Waterfront Feature
Shore - Beach: 1
Other Structures
Tennis Court(s): 1
Other: 1
Association Fees Include
Accounting: 1
Beach: 1
Community Room: 1
Dumpster: 1
Exercise Room: 1
Ground Keeping: 1
Insurance: 1
Internet-WiFi: 1
Management: 1
Master Association: 1
Pool: 1
Security: 1
Sewer: 1
Tennis: 1
Trash Disposal: 1
TV Cable: 1
Water: 1
Other - See Remarks: 1
Financing
Cash: 1
Conventional: 1
Other: 1
Furnished
Furnished: 1
Interior
Bunk Room: 1
Lot Features
Near Beach Access: 1
Waterfront: 1
Within 1/2 Mile to Water: 1
Lot Access
City Street: 1
Paved Road: 1
Parking Features
Additional Parking: 1
Parking Lot: 1
Paved: 1
Mstr Bath / Mstr Bdrm
MBath Double Vanity: 1
MBath Shower Only: 1
MBed Balcony: 1
MBed Walk-in Closet: 1
MBed Waterfront: 1
Present Zoning
City: 1
Resid Multi-Family: 1
Association Amenities
BBQ Pit/Grill: 1
Beach: 1
Community Room: 1
Conference Center: 1
Dumpster: 1
Elevators: 1
Exercise Room: 1
Pool: 1
Security-24 hour: 1
Tennis: 1
Waterfront: 1
Whirlpool: 1
Pickle Ball: 1
Rooms
Balcony: 1
Bedroom: 1
Master Bedroom: 1
Utilities
TV Cable: 1
Electricity - Connected: 1
Internet - Fiber Optic: 1
Public Sewer - Connected: 1
Public Water - Connected: 1
Waterview
Gulf: 1
Sale Type
As Is: 1
Waterfront Type
Gulf: 1
Master Bedroom
First: 1
Bedroom
First: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Electric: 1
Heating
Central: 1
Electric: 1
Security Features
24 Hour Security: 1
Fire Alarm: 1
Fire Sprinkler System: 1
Security Guard: 1
Smoke Detector(s): 1
Property Features
Appliances: Cooktop - Electric; Dishwasher; Disposal; Dryer; Microwave; Oven - Electric; Refrigerator; Washer; Water Heater - Electric
Master Bedroom: First
Bedroom: First
Cooling: Ceiling Fan(s); Central Air; Electric
Heating: Central; Electric
Exterior: Balcony; Sprinkler System; Storm Doors; Storm Windows; Tinted Windows
Association Fees Include: Accounting; Beach; TV Cable; Community Room; Dumpster; Exercise Room; Insurance; Internet-WiFi; Ground Keeping; Management; Master Association; Pool; Security; Sewer; Tennis; Trash Disposal; Water; Other - See Remarks
Financing: Cash; Conventional; Other
Furnished: Furnished
Interior: Bunk Room
Lot Features: Near Beach Access; Waterfront; Within 1/2 Mile to Water
Lot Access: City Street; Paved Road
Balcony: First
Pool Features: Fenced; Heated - Electric; Inground; Spa/ Hot Tub
Security Features: 24 Hour Security; Fire Alarm; Fire Sprinkler System; Security Guard; Smoke Detector(s)
Parking Features: Additional Parking; Parking Lot; Paved
Other Structures: Tennis Court(s); Other
Association Amenities: BBQ Pit/Grill; Beach; Community Room; Dumpster; Elevators; Exercise Room; Conference Center; Pickle Ball; Pool; Security-24 hour; Whirlpool; Tennis; Waterfront
Rooms: Balcony; Bedroom; Master Bedroom
Sale Type: As Is
Utilities: TV Cable; Electricity - Connected; Internet - Fiber Optic; Public Sewer - Connected; Public Water - Connected
Waterfront Type: Gulf
Waterfront Feature: Shore - Beach
Waterview: Gulf
Present Zoning: Resid Multi-Family
Room Information
| Room Name | Level | Dimensions | Length | Width | Remarks |
| Master Bedroom | First | 13 x 13 | 13.00 | 13.00 | Master 1 |
| Master Bedroom | First | 13 x 13 | 13.00 | 13.00 | Master 2 |
| Bedroom | First | 13 x 12 | 13.00 | 12.00 | Bedroom 3 |
| Balcony | First | 13 x 12 | 13.00 | 12.00 | Balcony |
Listing Office: Keller Williams Success Realty
Last Updated: April - 23 - 2026
Information deemed reliable but not guaranteed.
