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$575,000
Active6201 Thomas Drive #401
Panama City, FL 32408
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
Property Details
- Interior
- Balcony, Double Vanity, Main Level Primary, Walk In Closets
- Cooling
- 1
- Heating
- Central, Electric
- Cooling Features
- Central Air
- Bedrooms
- 2
- Bathrooms
- 2.0
- Full Baths
- 2
- View
- Gulf
- Stories
- 18
- Pool Description
- Electric Heat, In Ground, Community
- Pool Features
- Electric Heat, In Ground, Community
- Exterior Features
- Barbecue
- Exterior Materials
- Barbecue
- Pool Shared
- 1
- Square Feet
- 1367.0
- Parking Features
- Additional Parking, Parking Lot
- Property Type
- Purchase
- Style
- High Rise
- Property Subtype Additional
- Condominium
- Year Built
- 1987
- Sewer Information
- Public Sewer
- Utility Features
- Cable Connected, Electricity Available
- Appliances
- Electric Cooktop, Electric Oven, Electric Water Heater, Ice Maker
- Subdivision
- Watercrest Condo
- Community Features
- Beach, Fitness Center, Pool, Tennis Courts, Barbecue, Community Pool, Short Term Rental Allowed
- Elementary School
- Patronis
- Middle School
- Surfside
- High School
- Arnold
- County
- Bay
- Region
- Panama City
- Original List Price
- $750,000
- Days on Market (Cumulative)
- 269
- Taxes Annual
- $7,102
- HOA
- 1
- HOA Fees
- 3224.13
- MLS #
- 783667
Location
Legal
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Last Updated: Oct 10, 2026 12:09 AM. Source: CPAR
Listing Broker: Keller Williams Success Realty; Sassy French; sassyrealtor850@gmail.com
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