6201 Thomas DR #406 Panama City, FL 32408
2 Beds
2 Baths
1,379 SqFt
UPDATED:
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 1,379 sqft
Price per Sqft $435
Subdivision Watercrest Condo
MLS Listing ID 789656
Style High Rise
Bedrooms 2
Full Baths 2
HOA Y/N Yes
Year Built 1987
Annual Tax Amount $5,368
Tax Year 2025
Property Sub-Type Condominium
Property Description
The spacious floor plan is designed for comfort and functionality, featuring large bedrooms and a highly sought-after master suite positioned directly on the Gulf. Wake up each morning to panoramic water views and enjoy private balcony access from your own retreat. A separate laundry room adds everyday convenience, while the generous living and dining areas create the perfect space for entertaining family and guests.
This building has undergone extensive upgrades, giving buyers peace of mind and modern appeal. Recent improvements include fresh exterior paint, new balcony railings, resurfaced patios, and a newly refinished heated pool--perfect for year-round enjoyment. Even better, there are no current special assessments, and the property has successfully met all required milestones and reserve study standards.
Accessibility is enhanced with private elevators located on both the east and west ends of the building, servicing up to the 6th floor for added convenience and privacy.
For investors, this property presents an exceptional opportunity. Short-term rentals are allowed, with projected annual rental income ranging from $70,000 to $90,000 depending on owner usage, making it both a luxurious getaway and a strong income-producing asset.
Whether you're searching for a primary residence, vacation home, or high-performing rental property, this beachfront condo offers the perfect blend of location, lifestyle, and value on one of Florida's most iconic coastlines.
Location
State FL
County Bay
Community Barbecue, Beach, Conference/Meeting Room, Fitness Center, Pool, Tennis Court(S), Waterfront, Community Pool, Short Term Rental Allowed
Area 03 - Bay County - Beach
Interior
Interior Features Balcony, Double Vanity, Main Level Primary, Tub Shower
Heating Central, Electric
Cooling Central Air
Fireplace No
Appliance Washer/Dryer Stacked, Electric Oven, Electric Water Heater
Laundry Stacked
Exterior
Parking Features Additional Parking, Paved, Parking Lot
Pool Fenced, Electric Heat, In Ground, Community
Community Features Barbecue, Beach, Conference/Meeting Room, Fitness Center, Pool, Tennis Court(s), Waterfront, Community Pool, Short Term Rental Allowed
Utilities Available Cable Connected, Electricity Available
Amenities Available Spa/Hot Tub
Waterfront Description Gulf,Shoreline - Sand
View Y/N Yes
Water Access Desc Gulf,Shoreline - Sand
View Gulf, Water
Porch Balcony
Private Pool No
Building
Lot Description Paved
Story 18
Sewer Public Sewer
Architectural Style High Rise
Additional Building Other, Tennis Court(s)
New Construction No
Schools
Elementary Schools Patronis
Middle Schools Surfside
High Schools Arnold
Others
Restrictions Short Term Rentals Allowed
Tax ID 30585-236-000
Security Features Building Security,Fire Sprinkler System,24 Hour Security,Security Guard,Fire Alarm,Smoke Detector(s),Security Service
Financing Other
Special Listing Condition Listed As-Is
Schools and Properties Nearby
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