6201 Thomas Drive #406, Panama City, FL 32408
Local realty services provided by:ERA Neubauer Real Estate, Inc.
6201 Thomas Drive #406,Panama City, FL 32408
$575,000
- 2 Beds
- 2 Baths
- 1,379 sq. ft.
- Condominium
- Active
Listed by: sassy french
Office: keller williams success realty
MLS#:789656
Source:FL_BCMLS
Price summary
- Price:$575,000
- Price per sq. ft.:$416.97
- Monthly HOA dues:$1,081.33
About this home
WANT TO BE LESS THAN A MILE TO THE NEW TOOTSIES?????? WATERCREST 406 IS WHERE ITS AT!!! Wake up to the sound of waves and step directly onto the sugar-white sands of Panama City Beach from this beautifully positioned beachfront condo. Located on a desirable low floor, this residence offers effortless access while still delivering sweeping Gulf views and the coastal lifestyle buyers seek.
The spacious floor plan is designed for comfort and functionality, featuring large bedrooms and a highly sought-after master suite positioned directly on the Gulf. Wake up each morning to panoramic water views and enjoy private balcony access from your own retreat. A separate laundry room adds everyday convenience, while the generous living and dining areas create the perfect space for entertaining family and guests.
This building has undergone extensive upgrades, giving buyers peace of mind and modern appeal. Recent improvements include fresh exterior paint, new balcony railings, resurfaced patios, and a newly refinished heated pool--perfect for year-round enjoyment. Even better, there are no current special assessments, and the property has successfully met all required milestones and reserve study standards.
Accessibility is enhanced with private elevators located on both the east and west ends of the building, servicing up to the 6th floor for added convenience and privacy.
For investors, this property presents an exceptional opportunity. Short-term rentals are allowed, with projected annual rental income ranging from $70,000 to $90,000 depending on owner usage, making it both a luxurious getaway and a strong income-producing asset.
Whether you're searching for a primary residence, vacation home, or high-performing rental property, this beachfront condo offers the perfect blend of location, lifestyle, and value on one of Florida's most iconic coastlines....
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Home facts
- Year built:1987
- Subdivision & Development:Watercrest Condo
- Listing ID #:789656
- Added:96 day(s) ago
- Updated:August 13, 2026 at 02:32 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:3
- Kitchen Description:Electric Oven, Electric Water Heater
- Living area:1,379 sq. ft.
Heating and cooling
- Cooling:CentralAir
- Heating:Central, Electric
- Central air:Yes
Structure and exterior
- Year built:1987
- Building area:1,379 sq. ft.
- Architectural Style:High Rise
- Construction Materials:Stucco
- Exterior Features:Balcony
Schools
- High school:Arnold
- Middle school:Surfside
- Elementary school:Patronis
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$575,000
- Price per sq. ft.:$416.97
- Tax amount:$5,368 (2025)
Features and amenities
- Laundry features:Washer Dryer Stacked
- Amenities:BuildingSecurity, ElectricOven, ElectricWaterHeater, FireAlarm, FireSprinklerSystem, SecurityGuard, SecurityService, SmokeDetectors, StormWindows, WasherDryerStacked
- Pool features:Community, Fenced, InGround
Parking
- Parking description:Additional Parking, Parking Lot, Paved
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