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6201 Thomas Drive #1607

Panama City, FL 32408
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Bed 3

Bed

Bath 3

Bath

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-fro nt 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 : $685,000

AD Id : 76494315

MLS Id : 787342

Beds : 3

Tax Amount : 6187.00

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

    MainLevelPrimary
    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
    Association Fee Frequency: Quarterly

  • 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: $685000
    Original 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
    Included Fees: AssociationManagement, Clubhouse, CableTv, FitnessFacility, Internet, LegalAccounting, MaintenanceGrounds, PestControl, Phone, Sewer, Security, Trash, Water
    HOA: $3,378.00
    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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The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 09/09/2026 @ 07:30

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

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