6201 Thomas Drive #1002, Panama City, FL 32408

Panama City
Local realty services provided by:ERA Neubauer Real Estate, Inc.
6201 Thomas Drive #1002,Panama City, FL 32408
$699,900
  • 2 Beds
  • 2 Baths
  • 1,404 sq. ft.
  • Condominium
  • Active
Listed by: daniel peak
Office: realty mark associates
MLS#:794858
Source:FL_BCMLS

Price summary

  • Price:$699,900
  • Price per sq. ft.:$498.5
  • Monthly HOA dues:$1,100

About this home

Welcome to Unit 1002 at Watercrest--one of the most sought-after addresses on the Emerald Coast. Spanning 1,404 square feet this end unit offers a panoramic views of the ocean and stays cool in the afternoon when the sun begins to set. The unit has been completely renovated and tastefully decorated! The large balcony is perfect for entertaining guests! Watercrest is widely regarded as one of the premier Gulf-front communities on Panama City Beach, and inventory in this building--especially in this stack and layout--is extremely limited. The estimated rental income for this unit is right at $70,000 annually! Whether you're seeking a luxury personal escape, a high-demand rental investment, or both, this property delivers location, layout, views, and upside in one compelling package. Opportunities like this don't wait--and neither should you! Secure your place on the beach and turn this exceptional value into your own one-of-a-kind coastal masterpiece!

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Home facts

  • Year built:1987
  • Subdivision & Development:[No Recorded Subdiv]
  • Listing ID #:794858
  • Added:4 day(s) ago
  • Updated:September 06, 2026 at 02:44 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:2
  • Full bathrooms:2
  • Rooms Total:4
  • Dining Description:SmartThermostat
  • Bathrooms Description:SmartThermostat
  • Kitchen Description:Electric Oven, Electric Range, Electric Water Heater, Ice Maker
  • Bedroom Description:SmartThermostat
  • Living area:1,404 sq. ft.

Heating and cooling

  • Cooling:CeilingFans, CentralAir
  • Heating:Central, Electric
  • Central air:Yes

Structure and exterior

  • Year built:1987
  • Building area:1,404 sq. ft.
  • Architectural Style:High Rise
  • Construction Materials:Concrete, Stucco
  • Exterior Features:Balcony
  • Foundation Description:Pillar/Post/Pier

Schools

  • High school:Arnold
  • Middle school:Surfside
  • Elementary school:Patronis

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$699,900
  • Price per sq. ft.:$498.5
  • Tax amount:$1,941 (2025)

Features and amenities

  • Amenities:Beach Rights, ElectricOven, ElectricRange, ElectricWaterHeater, IceMaker, SecurityGuard, SecurityLights, SecurityService, SmartThermostat, SmokeDetectors
  • Pool features:Community, InGround
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