USAFLPanama City BeachWatercrest Condo406-6201 Thomas Dr

406-6201 Thomas Dr, Panama City Beach, FL

Name: 406 - 6201 Thomas Dr, For Sale in Panama City Beach - eXp Realty
Brand: Keller Williams Success Realty
SKU: 789656
Price: 625000 USD

Condo

For Sale

Listed price in listed location currency (USD).

$625,000

220

MLS® 789656

Key Facts
Description
Map

Key Facts

Type Condominium

Levels Residential

Size -

Garage

HOA Fees

Taxes $5,368

Days Active 0

Approx. Age 1987

MLS® Number 789656

Property Address: 406-6201 Thomas Dr, Panama City Beach, FL, 32408-5643

Average square foot calculated using Size range provided by listing agent.

Description

WANT TO BE LESS THAN A MILE TO THE NEW TOOTSIES?????? WATERCREST 406 IS WHERE ITS AT!!! Wake up to the sound of waves and step directly onto the sugar-white sands of Panama City Beach from this beautifully positioned beachfront condo. Located on a desirable low floor, this residence offers effortless access while still delivering sweeping Gulf views and the coastal lifestyle buyers seek. 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.

MLS® Number789656

Locker

Ensuite Laundry

Balcony

Furnished

Laundry Level

Exposure

Exterior

Garage

Approx. Age1987

Stories18

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

May 9, 2026List Date

$625,000List Price

Commute

Commute

Starting Address

Destination Address

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