BEDS3
BATHS3 full
SQUARE FEET1,441
MLS#787342
STATUSActive
PROPERTY TYPEResidential - Condominium
SUBDIVISIONWatercrest Condo
Property Description
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!
Property Features
Property Type: Residential - Condominium
Cooling: Central Air, Ceiling Fan(s)
Heating: Central, Electric
Home Style: High Rise
Taxes: $6,187
Year Built: 1987
Feature Descriptions
Appliances: Electric Oven, Electric Range, Electric Water Heater, Ice Maker
Association Amenities: Beach Rights, Game Room
Community Features: Barbecue, Beach, Clubhouse, Elevator, Fitness Center, Fishing, Game Room, Pool, Tennis Court(s), Community Pool, Short Term Rental Allowed
Days on Site: 22
Exterior: Concrete, Steel Frame, Stucco
Parcel#: 30585-347-000
Parking: Parking Lot
Parking Notes: Parking Lot
Patio/Porch: Balcony
Pool: Gas Heat, In Ground, Community
Security: Building Security, Fire Escape, Fire Alarm, Smoke Detector(s), Security Service
Sewer: Public Sewer
Special View Info: Gulf
Utilities: Cable Connected, Electricity Available, High Speed Internet Available, Phone Connected, Underground Utilities, Phone Available
Waterfront: Gulf, Shoreline - Sand, Shoreline - Natural
Room Sizes
Full Bath: 6 X 7 Level - First
Full Bath: 7 X 6 Level - First
Primary Bathroom: 6 X 7 Level - First
Kitchen: 12 X 11 Level - First
Bedroom: 14 X 13 Level - First
Bedroom: 14 X 13 Level - First
Primary Bedroom: 14 X 13 Level - First
Local Schools
High School: Arnold
Middle School: Surfside
Elementary School: Patronis
Listed By / Shown By
Listed By
Agency Name: Realty Mark Associates
Agency Phone: 561-245-5400
Agent Name: Daniel Peak
Estimate Your Payment
Estimated Payment
$ 2,340.58 per month $1,613.54 Principal & Interest $515.58 Property Tax $211.46 Homeowner's InsuranceChange Payment Information
6201 Thomas Drive, Unit 1607 | MLS# 787342
This condo located at 6201 Thomas Drive, Unit 1607, Panama City, FL 32408 is currently listed for sale by Realty Mark Associates, with an asking price of $725,000. This property was built in 1987 and has 3 bedrooms and 3 full baths with 1441 sq. ft. Thomas Drive, Unit 1607 is located in the Watercrest Condo subdivision. Search Watercrest Condo real estate on www.realtymarkllc.com today.