active Listed As-Is

6201 Thomas Drive 401, Panama City, FL 32408

$625,000

Reduced $125,000 from the original list price of $750,000

2Beds
2Baths
1,367Sq Ft
4Floor
1987Year Built
$1,074.71/moHOA
On site 251 days — 250 days cumulative across relistings
See the full building guide Watercrest Condo →

Details

Gulf front · Fully furnished · Short-term rental allowed

HOA Dues Include

  • AssociationManagement
  • CableTv
  • FitnessFacility
  • Internet
  • LegalAccounting
  • MaintenanceGrounds
  • Other
  • Pools
  • Sewer
  • SeeRemarks
  • Security
  • TennisCourts
  • Trash
  • Water

Nearby Schools

ElementaryPatronis
MiddleSurfside
HighArnold

Property Details

Gulf and sand shoreline view · stucco construction · additional parking, parking lot parking · Currently occupied

About This Home

PRICE POINT LISTED UNDER VALUE!!!!!WELCOME TO YOUR NEW PERSONAL HOME OR INVESTMENT CONDO!!! 80-100K GROSS RETURN ON INVESTMENT PROJECTED depending on the use of the owner. See documents for actual rentals since January 2025. SUNRISE AND SUNSET VIEWS FROM YOUR BEDROOM TO THE MAIN LIVING AREA! WALK IN AND DO NOTHING BUT REST AND RELAX OR RENT AND RETURN! CASH YOUR MAILBOX MONEY NOW! THIS UNIT IS CURRENTLY ON THE RENTAL MARKET AND IS HEAVILY RENTED SO CALL FOR TURN DATES. DESIGNER FURNITURE AND ALL DECOR CONVEYS. Spectacular views of the Gulf with this gorgeous East end unit with WRAP AROUND BALCONY. This is a totally renovated condo from floor to ceiling. There are upgrades and personal touches to this condo that make it a stand out in the building. The condo building itself has had several big renovations in the last several years to include new hurricane windows and sliders....Current renovations as of January 2026 thru March 2026 which are fully funded by the reserves include new exterior paint, new balcony railings and renovation of balconies. The windows and slider doors, pool, pool deck and hot tub were also been renovated in the last 6 years. Watercrest Amenities include a heated pool, hot tub, kid's pool, BBQ grills, exercise room, conference room, tennis courts, Pickle Ball court, shuffleboard, and a poolside tiki bar. There are also on-site vending machines, an ice machine, and ATM. Across the street you will find over flow parking and a storage area for your jet skis, boat, or trailer. WATERCREST is close to many kid and adult activities as well as too many to count local restaurants and pubs. Walmart, Publix, Winn Dixie are just minutes from the complex. WONDER WHAT IS GOING ON NEXT DOOR TO WATERCREST? HADLEY'S BEACH..... NO OBSTRUCTION FROM THOSE NEW HOME BUILTS TO THIS CONDO. THESE WILL BE HOUSES NOT A HIGH RISE COMMUNITY. The HOA is onsite on the 3rd floor making it easy for owners to communicate. Don't miss out. The reserve and integrity study is too large to add to documents please have your agent request and I will email

Interior, Amenities & More

Interior Features: Balcony, Double Vanity, Main Level Primary, Walk In Closets

Appliances: Electric Cooktop, Electric Oven, Electric Water Heater, Ice Maker

Association Amenities: Other, See Remarks, Beach Rights, Barbecue

Pool: Electric Heat, In Ground, Community

Security: Fire Sprinkler System, Twenty Four Hour Security, Security Guard, Fire Alarm, Smoke Detectors, Security Service

Heating: Central, Electric

Cooling: Central Air

Architectural Style: High Rise

Square Footage Source: Appraiser

Similar Properties Recently Sold

$670,000
2 bd · 2 ba · 1,367 sqft
Sold Sep 11, 2026
Watercrest Condo
$550,000
2 bd · 2 ba · 1,367 sqft
Sold Sep 10, 2026
Watercrest Condo
$460,000
2 bd · 2 ba · 1,379 sqft
Sold Sep 8, 2026
Watercrest Condo
$700,000
2 bd · 2 ba · 1,441 sqft
Sold Aug 18, 2026
Watercrest Condo
$460,000
2 bd · 2 ba · 1,404 sqft
Sold Jul 28, 2026
Watercrest Condo
$550,000
2 bd · 2 ba · 1,404 sqft
Sold Jul 17, 2026
Watercrest Condo

Ask About This Listing

Required

Call (850) 866-1149

Listed by Sassy French, Keller Williams Success Realty · sassyrealtor850@gmail.com

Equal Housing Opportunity
Equal Housing
Opportunity
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.