$10,000 Closing Credit¹
#769358, Listing office: CENTURY 21 AllPoints Realty
$799,999 List price
6201 Thomas Dr Unit 307 Panama City Beach, FL 32408
$9,500
Closing credit¹
3 beds
3 full
1,441 sqft
$555 / sqft
Condo
Property details
About 6201 Thomas Dr Unit 307
Turnkey Gulf-Front Investment Opportunity in Watercrest - Panama City Beach! Looking for the perfect rental machine or vacation retreat? This 3-bedroom, 3-bathroom condo in the highly sought-after Watercrest building is a proven income generator, booked solid and sold fully furnished. Situated on the prime 3rd floor, this unit boasts two gulf-front master suites, each with a king bed, private en-suite bath, and direct balcony access—ideal for maximizing rental appeal. The coastal-inspired interior features an updated kitchen, walk-in showers, tile flooring, tongue-and-groove ceilings, and an open layout with breathtaking pool and beach views. Exclusive 3rd-Floor Perk: Watercrest offers a private-feel elevator that only services floors 1-4—minimizing wait times and maximizing co
Highlights
Home typeCondominium
HeatingHeat Pump, Central
StatusActive
CoolingCentral Air
Size1,441 sqft
Year built1987
ParkingCarport
MLS #968110
WaterfrontGulf
Summary
- Full Bathrooms: 3
- Appliances: Cooktop, Dishwasher, Disposal, Dryer, Range Hood, Refrigerator, Electric Oven, Trash Compactor, Washer
- Flooring Type: Tile
- Interior: Breakfast Bar, Washer/Dryer Hookups
- Total Bedroom Count: 3
- Attached Garage: No
- Private Pool: No
- Parking: Carport
- Waterfront: Gulf
- Exterior: BBQ Pit/Grill, Patio Covered
- Architectural Style: N/A
- Heating: Heat Pump, Central
- Cooling: Central Air
- List Price: $799,999
- Price/SqFt: $555
- HOA Amount: $1000 Monthly
- Annual Tax Amount: $8,488
- Tax Year: 2023
- Directions: From Hwy 98 South on Powell Adams Dr East on Thomas, Property on south side of road
- Year Built: 1987
- Living Area: 1,441 SqFt
- MLS Number: 968110
- MLS Name: Emerald Coast Association of REALTORS®
- Office Name: Compass
- Office Email: brokerfl@compass.com
- Listing Agent: George P Doulamis
Information Deemed Reliable but not guaranteed. The information being provided is 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. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2025. 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: 6/5/2025, 12:50:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$799,999
6201 Thomas Dr Unit 307
$9,500
closing credit¹
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| May 24, 2022 | Home Sold | $795,000 |
| Jun 11, 2014 | Home Sold | $275,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $675,750 | $8,488 |
| 2022 | $500,315 | $4,702 |
| 2021 | $301,608 | $4,702 |
| 2020 | $267,620 | $3,498 |
| 2018 | $286,225 | $3,622 |
| 2017 | $272,000 | $3,467 |
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.
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 majority of residents in this area have post secondary degree education.
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?
Soccer
Continuing Education Courses
Horse Races
Where do the neighbors shop?
Forever 21
Express/Express For Men
Stein Mart
Where do the neighbors go to eat?
Dominos Pizza
Qdoba
LongHorn Steakhouse
What do the neighbors drive?
Mazda
Volkswagen
Buick
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Contemporary
Contemporary Inspirational
All data provided by Home Junction and Claritas
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Frequently asked questions
About 6201 Thomas Dr Unit 307
The listing price of 6201 Thomas Dr Unit 307 property is $799,999.
The property 6201 Thomas Dr Unit 307 is a condo located in Panama City Beach, Florida, 32408.
Active Listing: 6201 Thomas Dr Unit 307 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 6201 Thomas Dr Unit 307 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 $8,488 (source: MLS/based on county public records data).
The last sale was on May 24, 2022 for $795,000 (source: MLS/tax record).
The property at 6201 Thomas Dr Unit 307 has 3 bedrooms and 3 bathrooms.
The property 6201 Thomas Dr Unit 307 is 1,441 SqFt (source: MLS/tax record).
The year of construction for 6201 Thomas Dr Unit 307 is 1987.
This home is located at 6201 Thomas Dr Unit 307 in Panama City Beach, FL and zip code 32408. This 1,441 square foot home was built in 1987. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 8, 2025 and is currently priced at $799,999.
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. While the average time on the market in May 2025 was 77 days, the median list price was $331,357.
From Rocket Homes Real Estate and based on county public records data.