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6201 Thomas Drive, Unit 406, Panama City, FL 32408

$600,000
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Active
BEDS2 BATHS2 full SQUARE FEET1,379 MLS#789656
STATUSActive PROPERTY TYPEResidential - Condominium SUBDIVISIONWatercrest Condo

Property 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.

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.

Property Features

Property Type: Residential - Condominium
Cooling: Central Air
Fenced: Yes
Heating: Central, Electric
Home Style: High Rise
Stories: 18.0
Taxes: $5,368
Year Built: 1987

Feature Descriptions

Appliances: Washer/Dryer Stacked, Electric Oven, Electric Water Heater
Association Amenities: Spa/Hot Tub
Building Features: Dumpster
Community Features: Barbecue, Beach, Conference/Meeting Room, Fitness Center, Pool, Tennis Court(s), Waterfront, Community Pool, Short Term Rental Allowed
Days on Site: 23
Door Features: Storm Door(s)
Exterior: Stucco
Hot Tub: Yes
Laundry: Stacked
Lot: Paved
Parcel#: 30585-236-000
Parking: Additional Parking, Paved, Parking Lot
Parking Notes: Additional Parking, Paved, Parking Lot
Patio/Porch: Balcony
Pool: Fenced, Electric Heat, In Ground, Community
Security: Building Security, Fire Sprinkler System,24 Hour Security, Security Guard, Fire Alarm, Smoke Detector(s), Security Service
Sewer: Public Sewer
Spa: Community
Special View Info: Gulf
Units: 174
Utilities: Cable Connected, Electricity Available
Waterfront: Gulf, Shoreline - Sand
Window: Storm Window(s)

Room Sizes

Bedroom: 15 X 13 Level - First
Primary Bedroom: 15 X 13 Level - First
Kitchen: 12 X 11 Level - First

Local Schools

High School: Arnold
Middle School: Surfside
Elementary School: Patronis

Listed By / Shown By

Listed By

Agency Name: Keller Williams Success Realty

Shown By

Agency Title: RealtyMark
Agency Phone: 888-260-0400

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Estimated Payment

$ 1,957.67 per month $1,335.34 Principal & Interest $447.33 Property Tax $175.00 Homeowner's Insurance

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All commissions are negotiable Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/01/2026. The listing information on this page last changed on 06/01/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 06/01/2026 12:08:45 AM EST) or Stellar MLS (last updated Sun 05/31/2026 11:58:52 PM EST) or GSMLS (last updated Sun 05/31/2026 11:55:36 PM EST) or Emerald Coast MLS (last updated Mon 06/01/2026 12:05:18 AM EST) or Central Panhandle Association of Realtors (last updated Mon 06/01/2026 12:07:18 AM EST) or Beaches MLS (last updated Sun 05/31/2026 11:57:34 PM EST) or Naples MLS (last updated Sun 05/31/2026 11:40:24 PM EST) or Bright MLS (last updated Sun 05/31/2026 11:57:01 PM EST) or OneKey MLS (last updated Mon 06/01/2026 12:00:19 AM EST). Real estate listings held by brokerage firms other than RealtyMark may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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