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6205 Thomas Drive #F12

Panama City, FL 32408
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Bed 1

Bed

Bath 1

Bath

Looking for your slice of paradise with proven rental history? This 1-bedroom + loft condo at Nautical Watch on the east end of Panama City Beach is priced as a 1 bedroom, but earns higher rental income of a 2 bedroom. Fully furnished and turnkey, it delivers strong annual gross rental income. In 2025 alone it generated $35,000 in gross revenue. Just steps from the famous sugar-white sandy beaches and emerald Gulf waters. Half a mile west of Schooners and 1.5 miles east of Pineapple Willie's, you're close to restaurants, mini-golf, and attractions while still enjoying a quieter stretch of the beach. The complex has a locked, gated beach access so the parking lot stays for owners and guests only--no random beach traffic. Resort-style amenities without the high-rise hassle Low-ris e building with easy front-door parking. Beautiful heated pool that snowbirds love in the late fall and winter. Two propane grills on-site for owners and renters. Exceptionally low carrying costs HOA is only $620/month ($1,860 paid quarterly)--significantly lower than most comparable complexes. It covers exterior insurance (walls out), water, pest control, pool, landscaping, roof, parking lot, security, and more. Your only regular bills are electric (averages ~$110/month) and Wi-Fi (~$40/month). No special assessments in the 12+ years of current ownership, and none are planned. Updated & protected:Brand-new HVAC system installed last year, hurricane-proof sliding glass door to the patio (1 year old), hurricane-proof windows recently replaced, refrigerator ~18 months old; washer/dryer combo 4-6 years old, A/C sensors for when doors are left open to save your energy and HVAC system. Clean, low-maintenance, and ideally located for both personal use and strong rental demand. This unit is perfect for your family trips or a solid short term rental investment. Don't miss this one!

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Detail Ic Property Details

Property Type : Residential

Price : $260,000

AD Id : 91343630

MLS Id : 795611

Beds : 1

Tax Amount : $2,758.80

Year Built : 1984

County : Bay

Subdivision: Highland City

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Feature Features

  • Bedroom Information

    Total beds: 1

    Bathroom Information

    Total Baths: 1 Full Baths: 1

    Room Information

    Rooms Total: 1
  • Heating & Cooling

    Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: CentralAir

  • Building Information

    Year Built: 1984
    Building Area Total: 790
    Patio And Porch Features: Balcony
    Pool Features: Community
    Private Pool: No
    Association Fee Frequency: Quarterly

  • Lot Information

    Lot Dimensions: 0x0

    Property Information

    Subdivision: Nautical Watch II Source Property Type: Residential MLS Area Minor: 0323 - Beach - South of Grand Lagoon Property SubType: Condominium Property Age: 42

  • Listing Price Information

    Listing Price: $260000

  • Tax Information

    Parcel Number: 30585-983-000 Tax Year: 2025 Annual Tax: $2758.8 Tax Legal Desc: NAUTICAL WATCH II UNIT 12 BLDG F ORB 971 P 1 1BR 1B/WITH LOFT 790 H&C ORB 3667 P 482

  • Homeowners Association Information

    Has Association: Yes
    Included Fees: LegalAccounting, MaintenanceGrounds, PestControl, Pools, Trash
    HOA: $1,860.00
    Association Amenities: Barbecue
    Community Features: CommunityPool, ShortTermRentalAllowed

  • School Information

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

    CableConnected, HighSpeedInternetAvailable
  • Location Information

    Direction: Heading East on Thomas Dr from Navy Blvd, take a left into the complex at 6205 Thomas dr.
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ByOwner last updated this listing 09/19/2026 @ 14:12

MLS: 795611 LISTED BY: Brittany Whittaker, Beachy Beach Real Estate 850-233-4351 SOURCE: CPAR

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