6201 Thomas Drive #501
Panama City, FL 32408
2
Bed
2
Bath
THIS END UNIT CONDO IS A STEAL!....PRICED AT JUST $575,000....WELL BELOW MARKET VALUE.. AVAILABLE TO SHOW ANYTIME.......Welcome to Watercrest 501--your private Gulf-front sanctuary in the heart of Panama City Beach. This beautifully renovated beachfront condominium offers breathtaking panoramic views of the emerald waters and sugar-white sands that have made the Emerald Coast famous.This spacious two-bedroom, two-bath condo has been totally renovated including new kitchen and baths. It has not been in a rental program, but is furnished and ready to go if that is what you would like and is an exceptional opportunity for both investors and those seeking their own beachfront escape. The moment you step inside, your attention is drawn to the spectacular floor-to-ceiling Gulf views. The e
Property Details
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Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 2Bathroom Information
Total Baths: 2 Full Baths: 2Room Information
Rooms Total: 3 -
Interior Features
MainLevelPrimaryAppliances: ElectricCooktop, ElectricOven, ElectricRange, ElectricWaterHeater, IceMaker -
Heating & Cooling
Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: CentralAir, CeilingFans Water front: 1
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Building Information
Year Built: 1987Building Area Total: 1367Construction Materials: Concrete, StuccoPatio And Porch Features: BalconyPool Features: InGround, CommunityPrivate Pool: NoWater front Features: Gulf,ShorelineSand,ShorelineNaturalView: GulfAssociation Fee Frequency: Quarterly
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Lot Information
Lot Dimensions: 0x0Property 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
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Listing Price Information
Listing Price: $575000
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Tax Information
Parcel Number: 30585-241-000 Tax Year: 2025 Tax Legal Desc: WATERCREST CONDO UNIT 501 (TYPE A) ORB 1149 P 1677 2BR 2B 1367 H&C ORB 3544 P 373
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Virtual Tour
Parking Information
Paved, ParkingLotHomeowners Association Information
Has Association: YesIncluded Fees: AssociationManagement, Clubhouse, CableTv, FitnessFacility, Insurance, Internet, LegalAccounting, PestControl, Pools, Sewer, Security, Trash, WaterHOA: $3,224.00Association Amenities: BeachRights, BarbecueCommunity Features: Barbecue, Beach, Elevator, FitnessCenter, GameRoom, Park, Pool, TennisCourts, Waterfront, CommunityPool, ShortTermRentalAllowed
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School Information
Elementary School: Patronis Junior High School: Surfside Senior High School: Arnold -
Utility Information
CableConnected, ElectricityAvailable, HighSpeedInternetAvailable, PhoneConnected -
Location Information
Direction: 6201 Thomas Drive 501 Panama City Beach. FL 32408 Security Features: BuildingSecurity,FireEscape,FireSprinklerSystem,SecurityLights,FireAlarm,SmokeDetectors
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 2604 Mystic Lane #PO12, Panama City, FL, 32408 | $413,333 | 3 | 3 | -- | |
| 2604 Mystic Lane #PO13, Panama City, FL, 32408 | $365,000 | 3 | 3 | -- | |
| 2603 Mystic Lane #PO46, Panama City, FL, 32408 | $375,000 | 3 | 3 | -- | |
| 4100 Marriott Drive #204, Panama City, FL, 32408 | $499,999 | 2 | 2 | -- | |
| 4100 Marriott Drive #203, Panama City, FL, 32408 | $399,500 | 2 | 2 | -- | |
| 4100 Marriott Drive #310, Panama City, FL, 32408 | $439,999 | 2 | 2 | -- | |
| 4100 Marriott Drive #706, Panama City, FL, 32408 | $349,000 | 1 | 1 | -- | |
| 4100 Marriott 808 Drive.., Panama City, FL, 32408 | $649,000 | 2 | 2 | -- | |
| 4100 Marriott Drive #108, Panama City, FL, 32408 | $429,900 | 2 | 2 | -- | |
| 4100 Marriott Drive #412, Panama City, FL, 32408 | $649,000 | 3 | 3 | -- |
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ByOwner last updated this listing 08/09/2026 @ 20:17
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