Skip To Content

6201 Thomas Drive , #1607

Panama City, FL 32408
  • $699,900
  • STATUS: Active
  • ON SITE: 110 Days
  • MLS #: 787342
Price Reduced
$699,900
  • 3
    BEDS
  • N/A
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 1,441
    SQFT
  • $486
    $/SQFT
Neighborhood:
Type:
Condo
Built:
1987
County:
Bay

School Information

Elementary School:
Middle School:
High School:

Description

THERE IS GREAT POTENTIAL TO MAKE MONEY ON THIS CONDO! If you've been searching for the perfect beachfront condo on Panama City Beach, your opportunity has arrived. Welcome to Unit 1607 at Watercrest--one of the most sought-after addresses on the Emerald Coast. Spanning 1,441 square feet, this 3-bedroom, open-concept residence offers a rare combination of space, layout, and views that discerning buyers are always chasing--and seldom find. Positioned in the highly coveted ''07 stack,'' this unit boasts more direct Gulf-front windows than nearly any other in the building, flooding the interior with natural light and showcasing truly panoramic, unobstructed views of the emerald waters and sugar-white sands. Step outside to what is arguably one of the most impressive balconies on the beach. Expansive and built for entertaining, this Gulf-front terrace can comfortably host 20+ guests--perfect for sunset gatherings, coastal breezes, and unforgettable evenings overlooking miles of pristine shoreline. Located on the 16th floor, this unit strikes the ideal balance: high enough for sweeping, private views, yet low enough to keep you connected to the pool, beach, and shoreline activity--without the noise of lower levels. It's a perspective both owners and guests consistently prefer. Now, here's where the opportunity becomes truly compelling: this condo is priced $75,000 below market value, giving you the rare chance to create a fully customized beachfront retreat tailored to your exact taste. Instead of settling for someone else's design choices, you can transform this already exceptional space into a modern coastal showpiece--while instantly building equity. Watercrest is widely regarded as one of the premier Gulf-front communities on Panama City Beach, and inventory in this building--especially in this stack and layout--is extremely limited. Whether you're seeking a luxury personal escape, a high-demand rental investment, or both, this property delivers location, layout, views, and upside in one compelling package. Opportunities like this don't wait--and neither should you. Secure your place on the beach and turn this exceptional value into your own one-of-a-kind coastal masterpiece!

Monthly Payment Calculator



© 2026 Central Panhandle Association of Realtors MLS. All rights reserved. IDX information is provided exclusively 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 is deemed reliable but is not guaranteed accurate by the MLS or Waves and Woods Realty. Data last updated: 2026-07-14T00:03:59.
www.wavesandwoodsfl.com/homes/174419636
Print Image

6201 Thomas Drive , #1607 Panama City, FL 32408

  • Price: $699,900
  • Status: Active
  • On Site: 110 Days
  • MLS #: 787342
3
Beds
3
Baths
0
½ Baths
N/A
Acres
1,441
SQFT
$486
$/SQFT
1987
Built
Neighborhood:
Watercrest Condo
County:
Bay
Area:
Bay County-Beach
Elementary School:
Patronis
Middle School:
Surfside
High School:
Arnold
Property Description
THERE IS GREAT POTENTIAL TO MAKE MONEY ON THIS CONDO! If you've been searching for the perfect beachfront condo on Panama City Beach, your opportunity has arrived. Welcome to Unit 1607 at Watercrest--one of the most sought-after addresses on the Emerald Coast. Spanning 1,441 square feet, this 3-bedroom, open-concept residence offers a rare combination of space, layout, and views that discerning buyers are always chasing--and seldom find. Positioned in the highly coveted ''07 stack,'' this unit boasts more direct Gulf-front windows than nearly any other in the building, flooding the interior with natural light and showcasing truly panoramic, unobstructed views of the emerald waters and sugar-white sands. Step outside to what is arguably one of the most impressive balconies on the beach. Expansive and built for entertaining, this Gulf-front terrace can comfortably host 20+ guests--perfect for sunset gatherings, coastal breezes, and unforgettable evenings overlooking miles of pristine shoreline. Located on the 16th floor, this unit strikes the ideal balance: high enough for sweeping, private views, yet low enough to keep you connected to the pool, beach, and shoreline activity--without the noise of lower levels. It's a perspective both owners and guests consistently prefer. Now, here's where the opportunity becomes truly compelling: this condo is priced $75,000 below market value, giving you the rare chance to create a fully customized beachfront retreat tailored to your exact taste. Instead of settling for someone else's design choices, you can transform this already exceptional space into a modern coastal showpiece--while instantly building equity. Watercrest is widely regarded as one of the premier Gulf-front communities on Panama City Beach, and inventory in this building--especially in this stack and layout--is extremely limited. Whether you're seeking a luxury personal escape, a high-demand rental investment, or both, this property delivers location, layout, views, and upside in one compelling package. Opportunities like this don't wait--and neither should you. Secure your place on the beach and turn this exceptional value into your own one-of-a-kind coastal masterpiece!
Exterior Features

Architectural Style High Rise Attached Garage YN No Construction Materials Concrete Steel Frame Stucco Foundation Details Pillar / Post / Pier Garage YN No Other Structures Tennis Court(s) Patio And Porch Features Balcony Pool Features Gas Heat In Ground Community Road Frontage Type City Street View Gulf View YN Yes

Interior Features

Appliances Electric Oven Electric Range Electric Water Heater Ice Maker Cooling Central Air Ceiling Fan(s) Cooling YN Yes Entry Level 16 Heating Central Electric Heating YN Yes Interior Features Main Level Primary Parking Features Parking Lot Rooms Full Bath (First Level) Full Bath (First Level) Primary Bathroom (First Level) Kitchen (First Level) Bedroom (First Level) Bedroom (First Level) Primary Bedroom (First Level) Units Furnished All Units

Property Features

Association Amenities Beach Rights Game Room Association YN Yes Community Features Barbecue Beach Clubhouse Elevator Fitness Center Fishing Game Room Pool Tennis Court(s) Community Pool Short Term Rental Allowed Listing Service Full Service Lot Size Dimensions 0x0 New Construction YN No Occupant Type Tenant Property Sub Type Condominium Property Sub Type Additional Condominium Security Features Building Security Fire Escape Fire Alarm Smoke Detector(s) Security Service Sewer Public Sewer Special Listing Conditions Listed As- Is Tax Annual Amount 6187 Tax Year 2025 Utilities Cable Connected Electricity Available High Speed Internet Available Phone Connected Underground Utilities Phone Available Waterfront Features Gulf Shoreline - Sand Shoreline - Natural Waterfront YN Yes Zoning Description Resid Multi- Family

Central Panhandle Association of REALTORS (Panama City MLS) logo Listing provided courtesy of Realty Mark Associates: 561-245-5400. Listing information © 2026 Central Panhandle Association of Realtors MLS.


© 2026 Central Panhandle Association of Realtors MLS. All rights reserved. IDX information is provided exclusively 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 is deemed reliable but is not guaranteed accurate by the MLS or Waves and Woods Realty. Data last updated: 2026-07-14T00:03:59.
 
https://bt-photos.global.ssl.fastly.net/panamacity/1280_boomver_2_787342-2.jpg https://bt-photos.global.ssl.fastly.net/panamacity/1280_boomver_2_787342-2.jpg https://bt-photos.global.ssl.fastly.net/panamacity/1280_boomver_2_787342-2.jpg
Logo
Waves and Woods Realty
3300 HWY 98 SUITE 104
Mexico Beach FL, 32456