$6,947 Closing Credit¹
#766013, Listing Office: Counts Real Estate Group Inc
$584,000 List price
6201 Thomas Dr Unit 406 Panama City Beach, FL 32408
$6,935
Closing credit¹
2 beds
2 full
1,379 sqft
$424 / sqft
Condo
Property details
About 6201 Thomas Dr Unit 406
$10,000 price reduction!Discover an exceptional investment opportunity at one of the beach's most well-managed resorts, with solid budget and reserves. Elevate your coastal lifestyle at the luxurious Watercrest resort, where stunning sunsets and exceptional convenience are just steps from the elevator. It's prime location on the desirable 4th floor, directly across from the elevator, ensures effortless accessibility.Imagine stepping off the elevator and into your personal oasis, a front-row seat to the mesmerizing Gulf of America. This turn key residence offers a spacious two-bedroom layout with two beautifully remodeled bathrooms. The modern kitchen features quartz countertops and newer black stainless steel appliances, creating a stylish and functional space.Owners generously invested in this beach getaway's recent upgrades, including a newer AC, windows, sliding doors, kitchen, bathrooms, and entry door. Whether you seek a second home or a high-income rental property, this condo can generate nearly $60,000 annually.
Highlights
Home typeCondominium
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Ceiling Fan(s), Electric
Size1,379 sqft
Year built1987
MLS #770794
WaterfrontGulf
Summary
- Full Bathrooms: 2
- Appliances: Washer/Dryer Stacked, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator
- Total Bedroom Count: 2
- Waterfront: Gulf
- Exterior: Balcony
- Architectural Style: High Rise
- Heating: Central, Electric
- Cooling: Central Air, Ceiling Fan(s), Electric
- List Price: $584,000
- Price/SqFt: $423
- HOA Amount: $3243 Quarterly
- Annual Tax Amount: $5,131
- Tax Year: 2023
- Directions: THOMAS DRIVE TO WATERCREST CONDO 6201 THOMAS DR.
- Year Built: 1987
- Living Area: 1,379 SqFt
- MLS Number: 770794
- MLS Name: BCAR
- Office Name: Top Producers Real Estate Ctr
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: 6/2/2025, 10:20:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$584,000
6201 Thomas Dr Unit 406
$6,935
closing credit¹
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| May 20, 2008 | Home Sold | $255,000 |
| May 14, 2004 | Home Sold | $322,500 |
| May 26, 1998 | Home Sold | $173,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $446,250 | $5,131 |
| 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.
Neighborhood
The neighbors living near this home have an average income of $68,601. The majority of Panama City Beach, FL residents have income between $35k-100k annually. 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?
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 406
The listing price of 6201 Thomas Dr Unit 406 property is $584,000.
The property 6201 Thomas Dr Unit 406 is a condo located in Panama City Beach, Florida, 32408.
Active Listing: 6201 Thomas Dr Unit 406 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 6201 Thomas Dr Unit 406 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 $5,131 (source: MLS/based on county public records data).
The last sale was on May 20, 2008 for $255,000 (source: MLS/tax record).
The property at 6201 Thomas Dr Unit 406 has 2 bedrooms and 2 bathrooms.
The property 6201 Thomas Dr Unit 406 is 1,379 SqFt (source: MLS/tax record).
The year of construction for 6201 Thomas Dr Unit 406 is 1987.
This home is located at 6201 Thomas Dr Unit 406 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 March 24, 2025 and is currently priced at $584,000.
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. In May 2025 in Panama City Beach, FL there were 3.4% more homes for sale than in April. In May 2025, listings were on the market for 77 days. During the same period, the median list price in this real estate market was $331,357.
From Rocket Homes Real Estate and based on county public records data.