6201 Thomas Drive #1607, Panama City, FL 32408
Local realty services provided by:ERA Neubauer Real Estate, Inc.
6201 Thomas Drive #1607,Panama City, FL 32408
$699,700
- 3 Beds
- 3 Baths
- 1,441 sq. ft.
- Condominium
- Active
Upcoming open houses
- Sun, Aug 2310:00 am - 04:00 pm
Listed by: daniel peak
Office: realty mark associates
MLS#:787342
Source:FL_BCMLS
Price summary
- Price:$699,700
- Price per sq. ft.:$485.57
- Monthly HOA dues:$1,126
About this home
THERE IS GREAT POTENTIAL TO MAKE MONEY ON THIS CONDO!
If you've been searching for the perfect beachfront condo on Panama City Beach, your opportunity has arrived. Welcome to Unit 1607 at Watercrest--one of the most sought-after addresses on the Emerald Coast.
Spanning 1,441 square feet, this 3-bedroom, open-concept residence offers a rare combination of space, layout, and views that discerning buyers are always chasing--and seldom find. Positioned in the highly coveted ''07 stack,'' this unit boasts more direct Gulf-front windows than nearly any other in the building, flooding the interior with natural light and showcasing truly panoramic, unobstructed views of the emerald waters and sugar-white sands.
Step outside to what is arguably one of the most impressive balconies on the beach. Expansive and built for entertaining, this Gulf-front terrace can comfortably host 20+ guests--perfect for sunset gatherings, coastal breezes, and unforgettable evenings overlooking miles of pristine shoreline.
Located on the 16th floor, this unit strikes the ideal balance: high enough for sweeping, private views, yet low enough to keep you connected to the pool, beach, and shoreline activity--without the noise of lower levels. It's a perspective both owners and guests consistently prefer.
Now, here's where the opportunity becomes truly compelling: this condo is priced $75,000 below market value, giving you the rare chance to create a fully customized beachfront retreat tailored to your exact taste. Instead of settling for someone else's design choices, you can transform this already exceptional space into a modern coastal showpiece--while instantly building equity.
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.
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!...
Contact an agent
Home facts
- Year built:1987
- Subdivision & Development:Watercrest Condo
- Listing ID #:787342
- Added:148 day(s) ago
- Updated:August 20, 2026 at 02:42 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:3
- Full bathrooms:3
- Rooms Total:7
- Kitchen Description:Electric Oven, Electric Range, Electric Water Heater, Ice Maker
- Living area:1,441 sq. ft.
Heating and cooling
- Cooling:CeilingFans, CentralAir
- Heating:Central, Electric
- Central air:Yes
Structure and exterior
- Year built:1987
- Building area:1,441 sq. ft.
- Architectural Style:High Rise
- Construction Materials:Concrete, Steel Frame, 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:$699,700
- Price per sq. ft.:$485.57
- Tax amount:$6,187 (2025)
Features and amenities
- Amenities:Beach Rights, BuildingSecurity, ElectricOven, ElectricRange, ElectricWaterHeater, FireAlarm, IceMaker, SecurityService, SmokeDetectors
- Pool features:Community, Gas Heat, InGround
Parking
- Parking description:Parking Lot
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