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6201 Thomas Drive #1607

Panama City, FL 32408
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Bed 3

Bed

Bath 3

Bath

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 bea ch. 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!

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Detail Ic Property Details

Property Type : Residential

Price : $725,000

AD Id : 76494315

MLS Id : 787342

Beds : 3

Year Built : 1987

County : Bay

Subdivision: Royal Palm Beach Acreage

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Map

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Feature Features

  • Bedroom Information

    Total beds: 3

    Bathroom Information

    Total Baths: 3 Full Baths: 3

    Room Information

    Rooms Total: 7
  • Interior Features

    Appliances: ElectricOven, ElectricRange, ElectricWaterHeater, IceMaker
  • Heating & Cooling

    Has Heating: Yes Heating: Central, Electric Has Cooling: Yes Cooling: CentralAir, CeilingFans Water front: 1

  • Building Information

    Year Built: 1987
    Building Area Total: 1441
    Construction Materials: Concrete, SteelFrame, Stucco
    Patio And Porch Features: Balcony
    Pool Features: GasHeat, InGround, Community
    Private Pool: No
    Water front Features: Gulf,ShorelineSand,ShorelineNatural
    View: Gulf

  • Lot Information

    Lot Dimensions: 0x0

    Property Information

    Subdivision: Watercrest Condo Source Property Type: Residential MLS Area Minor: 0323 - Beach - South of Grand Lagoon Zoning Description: Resid Multi-Family Property SubType: Condominium Property Age: 39

  • Listing Price Information

    Listing Price: $725000

  • Tax Information

    Parcel Number: 30585-347-000 Tax Year: 2025 Annual Tax: $6187 Tax Legal Desc: WATERCREST CONDO UNIT 1607 (TYPE D) ORB 1149 P 1677 3BR 3B 1441 H&C ORB 3633 P 1071

  • Parking Information

    ParkingLot

    Homeowners Association Information

    Has Association: Yes
    Association Amenities: BeachRights, GameRoom
    Community Features: Barbecue, Beach, Clubhouse, Elevator, FitnessCenter, Fishing, GameRoom, Pool, TennisCourts, CommunityPool, ShortTermRentalAllowed

  • School Information

    Elementary School: Patronis Junior High School: Surfside Senior High School: Arnold
  • Utility Information

    CableConnected, ElectricityAvailable, HighSpeedInternetAvailable, PhoneConnected, UndergroundUtilities, PhoneAvailable
  • Location Information

    Direction: 6201 Thomas Drive 1607 Panama City Beach, FL 32408 Security Features: BuildingSecurity,FireEscape,FireAlarm,SmokeDetectors,SecurityService
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ByOwner last updated this listing 06/05/2026 @ 21:59

MLS: 787342 LISTED BY: Daniel Peak, Realty Mark Associates 561-245-5400 SOURCE: CPAR

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