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6201 Thomas Drive 501, Panama City, FL 32408

Panama City, FL 32408
  • 2 Beds
  • 2 Baths
  • 1,367 Sq Ft
  • 1987 Built
  • MLS 793252

About this home

CURRENΤLΥ UΝDΕR COΝTRΑCT, SELLER WILL CONSΙDER BACΚUP OFFERS. 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.

Property details

Property typeCondominium
StatusPending
Area03 - Bay County - Beach
SubdivisionWatercrest Condo
CityPanama City
CountyBay
Zip32408
StyleHighRise
Tax year2025
HOAYes
HOA fee$3,224/qtr
WaterfrontYes
ViewGulf
Special conditionsListedAsIs

Interior

Total rooms3
Full baths2
AppliancesElectricCooktop,ElectricOven,ElectricRange,ElectricWaterHeater,IceMaker
CoolingCentralAir,CeilingFans
HeatingCentral
Interior featuresMainLevelPrimary

Exterior & lot

Lot dimensions0x0
PoolInGround,Community
ParkingPaved,ParkingLot
Road frontageCity Street

Schools

ElementaryPatronis
MiddleSurfside
HighArnold

Community

Community featuresBarbecue, Beach, Elevator, Fitness Center, Game Room, Park, Pool, Tennis Courts, Waterfront, Community Pool, Short Term Rental Allowed
Directions6201 Thomas Drive 501 Panama City Beach. FL 32408

Data source: Central Panhandle Association of REALTORS®

Location

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