$574,500

6201 Thomas Dr Unit 1005 Panama City Beach, FL 32408

$6,822
Closing credit¹
2 beds
2 full
1,379 sqft
$417 / sqft
Condo

Property details

About 6201 Thomas Dr Unit 1005

Welcome to Watercrest Condominiums! This spacious 2-bedroom, 2-bath Gulf-front condo offers breathtaking views and endless potential. Enjoy your morning coffee or evening sunsets from your large covered balcony overlooking the emerald waters of the Gulf. Inside, you'll find an open floor plan with plenty of natural light. Both bedrooms are generously sized, and the master suite features balcony access and stunning water views. This condo is ready for your personal touch -- a perfect opportunity to update and make it your own coastal retreat, vacation rental, or investment property. Watercrest offers resort-style amenities including a beachfront pool, hot tub, tennis courts and a fitness center. Don't miss your chance to own one of Panama City Beach's most desirable Gulf-front communities.

Highlights

Home typeCondominium
StatusActive
Size1,379 sqft
Year built1987
MLS #775091
WaterfrontGulf

Summary

  • Full Bathrooms: 2
  • Total Bedroom Count: 2
  • Waterfront: Gulf
  • Architectural Style: High Rise
  • List Price: $574,500
  • Price/SqFt: $416
  • HOA Amount: $3243 Quarterly
  • Annual Tax Amount: $4,200
  • Tax Year: 2023
  • Directions: From 98 turn left onto Thomas Drive, Watercrest will be on your left.
  • Year Built: 1987
  • Living Area: 1,379 SqFt
  • MLS Number: 775091
  • MLS Name: BCAR
  • Office Name: EXP Realty LLC

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. 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 deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2025 Central Panhandle Association of REALTORS.© All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/26/2025, 5:45:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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6201 Thomas Dr Unit 1005, Panama City Beach, FL 32408 - exterior view

$574,500

6201 Thomas Dr Unit 1005

$6,822

closing credit¹

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0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$446,250$4,200
2022$416,585$3,678
2021$209,525$3,678
2020$207,480$2,576
2018$201,731$2,713
2017$218,025$2,570

History based on county public records data.

Nearby schools

7

Patronis Elementary School

Public District KG-5

1.5 mi

7400 Patronis Dr

5

Lucille Moore Elementary School

Public District PK-5

4.1 mi

1900 Michigan Ave

1

St. Andrew School at Oakland Terrace

Public District PK-5

4.6 mi

2010 W 12th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $68,601. Most Panama City Beach, FL residents have annual incomes between $35k-100k. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

24%
<35k
43%
35k-100k
28%
100k-200k
5%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

54%
Single, No Kids
10%
Single, with Kids
28%
Married, No Kids
8%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

10%
<11 yrs old
5%
12-17 yrs old
26%
18-34 yrs old
46%
35-64 yrs old
13%
65+ yrs old

What do the neighbors do for fun?

  • SoccerSoccer
  • Continuing Education CoursesContinuing Education Courses
  • Horse RacesHorse Races

Where do the neighbors shop?

  • Forever 21Forever 21
  • Express/Express For MenExpress/Express For Men
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • Dominos PizzaDominos Pizza
  • QdobaQdoba
  • LongHorn SteakhouseLongHorn Steakhouse

What do the neighbors drive?

  • MazdaMazda
  • VolkswagenVolkswagen
  • BuickBuick

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban ContemporaryUrban Contemporary
  • Contemporary InspirationalContemporary Inspirational
All data provided by Home Junction and Claritas

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Frequently asked questions

About 6201 Thomas Dr Unit 1005

The listing price of 6201 Thomas Dr Unit 1005 property is $574,500.

The property 6201 Thomas Dr Unit 1005 is a condo located in Panama City Beach, Florida, 32408.

Active Listing: 6201 Thomas Dr Unit 1005 is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 6201 Thomas Dr Unit 1005 are: Patronis Elementary School (GreatSchools Rating 7/10), Lucille Moore Elementary School (GreatSchools Rating 5/10), St. Andrew School at Oakland Terrace (GreatSchools Rating 1/10), Breakfast Point Academy (GreatSchools Rating 6/10), Jinks Middle School (GreatSchools Rating 2/10), University Academy Sabl Inc (GreatSchools Rating 10/10), Rising Leaders Academy (GreatSchools Rating 5/10), J.R. Arnold High School (GreatSchools Rating 5/10), Central High School (GreatSchools Rating 2/10).

According to the records, the last property tax for 2023 is $4,200 (source: MLS/based on county public records data).

The property at 6201 Thomas Dr Unit 1005 has 2 bedrooms and 2 bathrooms.

The property 6201 Thomas Dr Unit 1005 is 1,379 SqFt (source: MLS/tax record).

The year of construction for 6201 Thomas Dr Unit 1005 is 1987.

This home is located at 6201 Thomas Dr Unit 1005 in Panama City Beach, FL and zip code 32408. This 1,379 square foot home was built in 1987. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 12, 2025 and is currently priced at $574,500.

In May 2025, from all listings sold in Panama City Beach, FL there were more than 32 sold above asking price, over 141 sold below and more than 65 were sold right at the asked price. The number of listings in Panama City Beach, FL increased by 3.4% between April and May 2025. The median list price of listings available in May 2025 was $331,357, while the average time on the real estate market was 77 days.

From Rocket Homes Real Estate and based on county public records data.

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