6201 Thomas Drive #501, Panama City, FL 32408
Local realty services provided by:Better Homes and Gardens Real Estate Historic
6201 Thomas Drive #501,Panama City, FL 32408
$575,000
- 2 Beds
- 2 Baths
- 1,367 sq. ft.
- Condominium
- Active
Listed by: daniel peak
Office: realty mark associates
MLS#:793252
Source:FL_BCMLS
Price summary
- Price:$575,000
- Price per sq. ft.:$420.63
- Monthly HOA dues:$1,074.67
About this home
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 expansive living area flows seamlessly onto the oversized wraparound balcony, where you'll enjoy uninterrupted vistas of the Gulf of Mexico, refreshing sea breezes, and unforgettable sunsets. Whether you're sipping your morning coffee, dining al fresco, or relaxing with an evening cocktail, this outdoor living space is simply extraordinary.
A second private balcony provides additional outdoor enjoyment while overlooking the tennis courts, offering yet another peaceful retreat to enjoy Florida's beautiful weather.
Watercrest is consistently recognized as one of Panama City Beach's premier Gulf-front resorts, offering an impressive selection of amenities including:
Large beachfront swimming pool
Hot tub
Kiddie pool
Fitness center
Tennis courts
Direct access to the pristine beaches of the Gulf
Ideally located, Watercrest places you just minutes from exceptional restaurants, shopping, entertainment, golf, fishing, and many of Panama City Beach's most popular attractions.
Whether you're searching for a high-performing investment property, a luxurious second home, or your own permanent beachfront residence, Watercrest 501 delivers on every level. With extensive renovations, spectacular Gulf views, and a truly turnkey condition, this is a rare opportunity to own one of the area's finest beachfront condominiums.
Experience the beauty of Gulf-front living at Watercrest 501--where every sunrise inspires, every sunset captivates, and every day feels like a vacation....
Contact an agent
Home facts
- Year built:1987
- Subdivision & Development:Watercrest Condo
- Listing ID #:793252
- Added:8 day(s) ago
- Updated:August 06, 2026 at 02:22 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:3
- Kitchen Description:Electric Cook Top, Electric Oven, Electric Range, Electric Water Heater, Ice Maker
- Living area:1,367 sq. ft.
Heating and cooling
- Cooling:CeilingFans, CentralAir
- Heating:Central
- Central air:Yes
Structure and exterior
- Year built:1987
- Building area:1,367 sq. ft.
- Architectural Style:High Rise
- Construction Materials:Concrete, Stucco
- Exterior Features:Balcony
- Foundation Description:Pillar/Post/Pier
Schools
- High school:Arnold
- Middle school:Surfside
- Elementary school:Patronis
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$575,000
- Price per sq. ft.:$420.63
Features and amenities
- Amenities:Beach Rights, BuildingSecurity, ElectricCooktop, ElectricOven, ElectricRange, ElectricWaterHeater, FireAlarm, FireSprinklerSystem, IceMaker, SecurityLights, SmokeDetectors
- Pool features:Community, InGround
Parking
- Parking description:Parking Lot, Paved
New listings near 6201 Thomas Drive #501
- New
$391,832Active3 beds 3 baths1,582 sq. ft.3762 Saltaire Court, Panama City, FL 32405
MLS# 793620Listed by: DSLD HOMES FLORIDA LLC - New
$199,900Active3 beds 2 baths1,248 sq. ft.230 Viola Avenue, Panama City, FL 32404
MLS# 793627Listed by: WORLD IMPACT REAL ESTATE - New
$348,990Active3 beds 2 baths1,794 sq. ft.4250 Dairy Farm Road, Panama City, FL 32404
MLS# 793629Listed by: SUPERIOR OF FLORIDA, LLC. - New
$225,000Active0.48 Acres504 Parkwood Court, Panama City, FL 32405
MLS# 793631Listed by: DALTON WADE INC - New
$260,000Active3 beds 2 baths1,394 sq. ft.505 Phillips Court, Panama City, FL 32404
MLS# 793613Listed by: REALTY ONE GROUP EMERALD COAST - New
$635,000Active5 beds 4 baths3,199 sq. ft.12815 Merial Pass, Panama City, FL 32409
MLS# 793614Listed by: ERA NEUBAUER REAL ESTATE, INC - New
$315,000Active3 beds 2 baths1,504 sq. ft.5315 Sunwood Road, Panama City, FL 32404
MLS# 793616Listed by: KELLER WILLIAMS SUCCESS REALTY - New
$625,000Active5 beds 5 baths4,419 sq. ft.2402 E 2nd Court, Panama City, FL 32401
MLS# 793604Listed by: KELLER WILLIAMS SUCCESS REALTY - New
$909,000Active3 beds 4 baths2,321 sq. ft.3001 W 10th Street #510, Panama City, FL 32401
MLS# 793606Listed by: THINK REAL ESTATE - Open Sun, 1:30 to 3:30pmNew
$585,000Active3 beds 2 baths1,991 sq. ft.3410 Hillcrest Drive, Panama City, FL 32405
MLS# 793599Listed by: THINK REAL ESTATE