6201 Thomas Drive #501, Panama City, FL 32408
Local realty services provided by:CENTURY 21 AllPoints Realty
6201 Thomas Drive #501,Panama City, FL 32408
$550,000
- 2 Beds
- 2 Baths
- - sq. ft.
- Condominium
- Sold
Listed by: daniel peak
Office: realty mark associates
MLS#:793252
Source:FL_BCMLS
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Price summary
- Price:$550,000
- Monthly HOA dues:$1,074.67
About this home
CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP 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....
Contact an agent
Home facts
- Year built:1987
- Subdivision & Development:Watercrest Condo
- Listing ID #:793252
- Added:49 day(s) ago
- Updated:September 16, 2026 at 06:19 AM
Rooms and interior
- Bedrooms:2
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:3
- Kitchen Description:Electric Cook Top, Electric Oven, Electric Range, Electric Water Heater, Ice Maker
Heating and cooling
- Cooling:CeilingFans, CentralAir
- Heating:Central
- Central air:Yes
Structure and exterior
- Year built:1987
- Architectural Style:High Rise
- Construction Materials:Concrete, Stucco
- Exterior Features:Balcony
- Foundation Description:Pillar/Post/Pier
Schools
- High school:Arnold
- Middle school:Surfside
- Elementary school:Patronis
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$550,000
Features and amenities
- Amenities:Beach Rights, BuildingSecurity, ElectricCooktop, ElectricOven, ElectricRange, ElectricWaterHeater, FireAlarm, FireSprinklerSystem, IceMaker, SecurityLights, SmokeDetectors
- Pool features:Community, InGround
Parking
- Parking description:Parking Lot, Paved
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