Thomas Drive

Gulf Crest Condos for Sale in Panama City Beach

Gulf-front tower on Thomas Drive with gulf and bay views from every floor.

22 stories 152 units Built 2004 HOA $965–$1,253/mo
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Gulf Crest Condos Currently for Sale

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2 condos for sale at Gulf Crest
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Listing data provided by: Central Panhandle Association of Realtors (CPAR) Information deemed reliable but not guaranteed. The information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Brokerage: Century 21 AllPoints Realty, licensed real estate broker.

2 condos are currently for sale at Gulf Crest, priced from $640,000 to $658,900. HOA dues run $965.40/month. Units available on floors 16–17.

Building Overview

About Gulf Crest

Gulf Crest is a 22-story tower on the quieter east end of Panama City Beach on Thomas Drive, away from the Miracle Strip crowds but minutes from St. Andrews State Park. It holds 152 units with direct gulf views from upper floors and bay views from north-facing units. Built in 2004, it has a covered parking garage, on-site management, and a gulf-front pool deck.

Year Built 2004
Total Units 152
Stories 22
Style Single gulf-front tower

Amenities

  • Gulf-front pool
  • Hot tub
  • Fitness center
  • Covered parking garage
  • Owner storage
  • On-site management
Floor Plans

Gulf Crest Unit Types & Sizes

Unit Type Size Notes
1 Bedroom / 1 Bath 573–660 sq ft Gulf-front, stacked washer/dryer
2 Bedroom / 2 Bath 890–1,050 sq ft Gulf or bay views, full-size W/D
3 Bedroom / 3 Bath 1,300–1,450 sq ft Corner units, wrap balconies
HOA Fees

Gulf Crest HOA Fees & What They Cover

$965–$1,253/mo per month (recent MLS range)

This range reflects dues shown on recent MLS listings and varies by unit size and floor. What the dues cover, current reserve funding, and any pending assessments are set by the association and can change — confirm directly with the HOA (or ask Doug) before making an offer. See the live listings above for the most current figures.

See current dues in live listings →
Investment Potential

Gulf Crest Rental Income & Investment Data

Rental Program

Rental policies — including any minimum-stay requirements — are set by the association and can change. Confirm current rental rules with Doug or the HOA before assuming a short-term rental use is allowed.

Peak Season

Like most PCB gulf-front buildings, demand is strongest March–August, with shoulder months seeing increasing activity.

The east-end location on Thomas Drive appeals to buyers seeking a quieter stretch of beach. Rental income potential varies by unit, floor, and management — ask for actual rental history on a specific unit rather than relying on building-wide estimates.

Location

Where Is Gulf Crest?

8715 Thomas Dr, Panama City Beach, FL 32408

Beach Access: Direct gulf-front with private beach access

Nearby

  • St. Andrews State Park (2.5 mi)
  • Capt. Anderson's Marina (1 mi)
  • Pier Park (10 mi)
  • Northwest Florida Beaches International Airport (18 mi)
Common Questions

Gulf Crest FAQ

What floor plans are available at Gulf Crest?
Gulf Crest offers 1-bedroom (573–660 sq ft), 2-bedroom (890–1,050 sq ft), and 3-bedroom (1,300–1,450 sq ft) floor plans. Corner 3-bedroom units feature wrap balconies with panoramic gulf views.
Where is Gulf Crest located?
Gulf Crest is at 8715 Thomas Drive on the east end of Panama City Beach, about 2.5 miles from St. Andrews State Park and 1 mile from Capt. Anderson's Marina.
What's for sale at Gulf Crest right now?
2 condos are currently for sale at Gulf Crest, priced from $640,000 to $658,900. HOA dues run $965.40/month. Units available on floors 16–17.
Are short-term rentals allowed at Gulf Crest?
Yes — every active listing at Gulf Crest currently indicates short-term rental is allowed.
What are HOA fees at Gulf Crest and what do they cover?
HOA dues across Gulf Crest's active listings currently run $965.4/month. Dues currently include: Clubhouse, CableTv, FitnessFacility, Internet, LegalAccounting, MaintenanceGrounds, MaintenanceStructure, PestControl, Pools, Sewer, Security, Water.
When was Gulf Crest built and how many units does it have?
Gulf Crest was built in 2004 and has 152 units.
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Doug Hooper, REALTOR® · Century 21 AllPoints Realty · FL Lic. #SL3568532