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.
Listed By
Agency Name: Keller Williams Success Realty
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0400
Estimated Payment
$ 1,957.67 per month $1,335.34 Principal & Interest $447.33 Property Tax $175.00 Homeowner's Insurance
6201 Thomas Drive, Unit 406 | MLS# 789656
This condo located at 6201 Thomas Drive, Unit 406, Panama City, FL 32408 is currently listed for sale with an asking price of $600,000. This property was built in 1987 and has 2 bedrooms and 2 full baths with 1379 sq. ft. Thomas Drive, Unit 406 is located in the Watercrest Condo subdivision. Search Watercrest Condo real estate on www.realtymark.net today.