6205 Thomas Drive #F12, Panama City, FL 32408
Local realty services provided by:CENTURY 21 Ryan Realty
6205 Thomas Drive #F12,Panama City, FL 32408
$260,000
- 1 Beds
- 1 Baths
- 790 sq. ft.
- Condominium
- Pending
Listed by: brittany whittaker
Office: beachy beach real estate
MLS#:795611
Source:FL_BCMLS
Price summary
- Price:$260,000
- Price per sq. ft.:$329.11
- Monthly HOA dues:$620
About this home
Looking for your slice of paradise with proven rental history?
This 1-bedroom + loft condo at Nautical Watch on the east end of Panama City Beach is priced as a 1 bedroom, but earns higher rental income of a 2 bedroom. Fully furnished and turnkey, it delivers strong annual gross rental income. In 2025 alone it generated $35,000 in gross revenue.
Just steps from the famous sugar-white sandy beaches and emerald Gulf waters. Half a mile west of Schooners and 1.5 miles east of Pineapple Willie's, you're close to restaurants, mini-golf, and attractions while still enjoying a quieter stretch of the beach. The complex has a locked, gated beach access so the parking lot stays for owners and guests only--no random beach traffic.
Resort-style amenities without the high-rise hassle
Low-rise building with easy front-door parking. Beautiful heated pool that snowbirds love in the late fall and winter. Two propane grills on-site for owners and renters.
Exceptionally low carrying costs
HOA is only $620/month ($1,860 paid quarterly)--significantly lower than most comparable complexes. It covers exterior insurance (walls out), water, pest control, pool, landscaping, roof, parking lot, security, and more. Your only regular bills are electric (averages ~$110/month) and Wi-Fi (~$40/month). No special assessments in the 12+ years of current ownership, and none are planned.
Updated & protected:Brand-new HVAC system installed last year, hurricane-proof sliding glass door to the patio (1 year old), hurricane-proof windows recently replaced, refrigerator ~18 months old; washer/dryer combo 4-6 years old, A/C sensors for when doors are left open to save your energy and HVAC system.
Clean, low-maintenance, and ideally located for both personal use and strong rental demand. This unit is perfect for your family trips or a solid short term rental investment. Don't miss this one!...
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Home facts
- Year built:1984
- Subdivision & Development:Nautical Watch II
- Listing ID #:795611
- Added:45 day(s) ago
- Updated:November 03, 2026 at 08:27 AM
Rooms and interior
- Bedrooms:1
- Total bathrooms:1
- Full bathrooms:1
- Rooms Total:1
- Living area:790 sq. ft.
Heating and cooling
- Cooling:CentralAir
- Heating:Central
- Central air:Yes
Structure and exterior
- Year built:1984
- Building area:790 sq. ft.
- Architectural Style:Low Rise
- Exterior Features:Balcony
Schools
- High school:Arnold
- Middle school:Surfside
- Elementary school:Patronis
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$260,000
- Price per sq. ft.:$329.11
- Tax amount:$2,759 (2025)
Features and amenities
- Amenities:StormWindows
- Pool features:Community
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