6201 Thomas Drive 406, Panama City, FL 32408
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Priced at Only: $625,000
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Address: 6201 Thomas Drive 406, Panama City, FL 32408
Property Location and Similar Properties
- MLS#: 789656 ( Residential )
- Street Address: 6201 Thomas Drive 406
- Viewed: 10
- Price: $625,000
- Price sqft: $453
- Waterfront: Yes
- Wateraccess: Yes
- Waterfront Type: Gulf,ShorelineSand
- Year Built: 1987
- Bldg sqft: 1379
- Bedrooms: 2
- Total Baths: 2
- Full Baths: 2
- Days On Market: 3
- Additional Information
- Geolocation: 30.1489 / -85.7647
- County: BAY
- City: Panama City
- Zipcode: 32408
- Subdivision: Watercrest Condo
- Building: Watercrest Condo
- Elementary School: Patronis
- Middle School: Surfside
- High School: Arnold
- Provided by: Keller Williams Success Realty
- DMCA Notice
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DescriptionWANT 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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Building and Construction
- Covered Spaces: 0.00
- Living Area: 0.00
- Other Structures: Other, TennisCourts
- Stories: 18
Land Information
- Lot Features: Paved
School Information
- High School: Arnold
- Middle School: Surfside
- School Elementary: Patronis
Garage and Parking
- Garage Spaces: 0.00
- Open Parking Spaces: 0.00
- Parking Features: AdditionalParking, Paved, ParkingLot
Eco-Communities
- Pool Features: Fenced, ElectricHeat, InGround, Community
Utilities
- Carport Spaces: 0.00
- Cooling: CentralAir
- Heating: Central, Electric
- Road Frontage Type: CityStreet
- Sewer: PublicSewer
- Utilities: CableConnected, ElectricityAvailable
Amenities
- Association Amenities: SpaHotTub
Finance and Tax Information
- Home Owners Association Fee: 0.00
- Insurance Expense: 0.00
- Net Operating Income: 0.00
- Other Expense: 0.00
- Pet Deposit: 0.00
- Security Deposit: 0.00
- Tax Year: 2025
- Trash Expense: 0.00
Other Features
- Appliances: WasherDryerStacked, ElectricOven, ElectricWaterHeater
- Legal Description: WATERCREST CONDO UNIT 406 (TYPE E) ORB 3024 P 1348 ORB 3051 2BR 2B 1379 H&C P 1760
- Area Major: 03 - Bay County - Beach
- Occupant Type: Tenant
- Parcel Number: 30585-236-000
- Style: HighRise
- The Range: 0.00
- Unit Number: 406
- View: Gulf
- Views: 10
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- Robert A. Pelletier Jr, REALTOR ®
- Tropic Shores Realty
- Mobile: 239.218.1565
- Mobile: 239.218.1565
- Fax: 352.503.4780
- robertsellsparadise@gmail.com



