6201 Thomas Dr, Unit 1805

3,056 Sq. Ft.
$556 / Sq. Ft.
3,056
Sq. Ft.
$556
per Sq. Ft.

Description

Luxurious Gulf Front Penthouse Condo at Watercrest
Welcome to coastal paradise living at its finest! Nestled in the heart of Panama City Beach, this exclusive 3-bedroom, 3-bathroom penthouse condo offers a rare opportunity to own a slice of heaven in one of the most sought-after locations along the Gulf Coast. Boasting a prestigious position as one of only four units on the penthouse floor, this fixer-upper presents the perfect canvas for your dream coastal retreat. With cathedral ceilings and recessed
...Luxurious Gulf Front Penthouse Condo at Watercrest

Welcome to coastal paradise living at its finest! Nestled in the heart of Panama City Beach, this exclusive 3-bedroom, 3-bathroom penthouse condo offers a rare opportunity to own a slice of heaven in one of the most sought-after locations along the Gulf Coast. Boasting a prestigious position as one of only four units on the penthouse floor, this fixer-upper presents the perfect canvas for your dream coastal retreat. With cathedral ceilings and recessed lighting enhancing the expansive over 3000 sq ft of living area, you'll be enveloped in a sense of grandeur from the moment you step inside. Indulge in breathtaking panoramic views of the sparkling Gulf waters and sugar-white sands from the nearly 1000 square feet of balcony space, providing the ultimate setting for sunset cocktails and al fresco dining. Positioned as a coveted west corner unit, you'll relish in the unparalleled vistas of the Gulf's shimmering waters and breathtaking sunsets, ensuring every moment is bathed in natural beauty. As a resident of the penthouse floor, you'll enjoy the pinnacle of luxury living with exclusive access to your own private pool, reserved solely for penthouse owners. Immerse yourself in the tranquility of the water, surrounded by the whispering sea breeze and the soothing sound of waves crashing against the shore. This penthouse also includes deeded parking, ensuring convenience and peace of mind for you and your guests. With endless possibilities to customize and finish out to your exact specifications, this penthouse presents a rare opportunity to create a bespoke coastal haven tailored to your every desire. Don't miss your chance to elevate your lifestyle to new heights with this exceptional Gulf Front Penthouse Condo at Watercrest. Contact us today to schedule your private tour and embark on the journey to coastal luxury living.
  1. Listed by Tyler W Everett • Performance Realty
  2. Listed by Mike Alvis • Performance Realty

Property Details for 6201 Thomas Drive, Unit 1805

Architectural Style
High Rise
Waterfront
Yes
Waterfront Features
Gulf
Parking Features
Gated, Paved
Subdivision Name
Watercrest Condo
View
Gulf, Lagoon
Zoning Description
City
View
Yes
LISTING UPDATED: 02/26/2026 11:43 AM

Property Details for 6201 Thomas Drive, Unit 1805

StatusActive
MLS #776263
Days on Market242
Taxes$10,715 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Condominium / Condominium
Year Built1987
CountyBay County

Location

Listing Courtesy of Performance Realty
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Building Information for 6201 Thomas Drive, Unit 1805

Building/Complex6201 Thomas DrFloor18Stories-Residences-Pet Policy-Pet Policy Details-Year Built1987

Payment Calculator

$9,178 per month

30 year fixed, 6.15% Interest

Principal and Interest

$8,286

Property Taxes

$893

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 6201 Thomas Drive, Unit 1805

Summary
Location and General Information
  • City: Panama City
  • County Or Parish: Bay
  • Directions: From the intersection of Thomas Dr. and Front Beach Rd., take Thomas Dr. East to Watercrest on right.
  • State Region: FL
  • Postal Code: 32408
  • Latitude: 30.149318
  • Longitude: -85.763938
  • State Or Province: FL
  • Road Frontage Type: Private Road
  • MLS Area Major: 03 - Bay County - Beach
  • MLS Area Minor: 0323 - Beach - South of Grand Lagoon
Taxes and HOA Information
  • Parcel Number: 30585-365-000
  • Association: Yes
  • Tax Annual Amount: $10,715.00
  • Tax Legal Description: WATERCREST CONDO UNIT 1805 (PENT HSE E) ORB 1149 P 1677 3BR 3B 3056 H&C ORB 3919 P 1833
  • Tax Year: 2024
School Information
  • Elementary School: Patronis
  • High School: Arnold
  • Middle Or Junior School: Surfside
Parking
  • Attached Garage: No
  • Garage: No
Property
Lot Information
  • Building Area Total: 3056.0
  • Lot Features: Paved
  • Lot Size Dimensions: 0x0
  • Living Area Source: Appraiser
Property and Assessments
  • Year Built: 1987
  • New Construction: No
  • Human Modified: No
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Available, Natural Gas Available
Interior and Exterior Features
Exterior Features
  • Building Features: Dumpster
  • Pool Features: Community
  • Association Amenities: Other, See Remarks, Gated
  • Community Features: Barbecue, Beach, Clubhouse, Elevator, Fitness Center, Gated, Pool, Waterfront, Community Pool, Short Term Rental Allowed
  • Construction Materials: Stucco
  • Patio And Porch Features: Balcony
  • Security Features: Fire Escape, Firewalls, Fire Sprinkler System, Security Gate, Security Lights, Security Service
Interior Features
  • Bathrooms Full: 3
  • Bathrooms Total: 3
  • Bedrooms Total: 3
  • Rooms Total: 14
  • Cooling: Yes
  • Cooling: Central Air
  • Heating: Yes
  • Heating: Central, Electric
  • Appliances: Electric Water Heater
  • Interior Features: Entrance Foyer, Pantry
Room Information
Room 1
  • Room Description: Master Bed Balcony
  • Room Dimensions: 27 x 7
  • Room Features: Balcony
  • Room Length: 27.0
  • Room Level: First
  • Room Type: Other
  • Room Width: 7.0
Room 2
  • Room Description: West Balcony
  • Room Dimensions: 40 x 15
  • Room Features: Balcony
  • Room Length: 40.0
  • Room Level: First
  • Room Type: Other
  • Room Width: 15.0
Room 3
  • Room Description: Ocean Balcony
  • Room Dimensions: 23 x 7
  • Room Features: Balcony
  • Room Length: 23.0
  • Room Level: First
  • Room Type: Other
  • Room Width: 7.0
Room 4
  • Room Dimensions: 5 x 5
  • Room Length: 5.0
  • Room Level: First
  • Room Type: Full Bath
  • Room Width: 5.0
Room 5
  • Room Dimensions: 15 x 13
  • Room Length: 15.0
  • Room Level: First
  • Room Type: Bedroom
  • Room Width: 13.0
Room 6
  • Room Dimensions: 9 x 9
  • Room Length: 9.0
  • Room Level: First
  • Room Type: Full Bath
  • Room Width: 9.0
Room 7
  • Room Dimensions: 16 x 13
  • Room Length: 16.0
  • Room Level: First
  • Room Type: Bedroom
  • Room Width: 13.0
Room 8
  • Room Dimensions: 23 x 22
  • Room Length: 23.0
  • Room Level: First
  • Room Type: Primary Bathroom
  • Room Width: 22.0
Room 9
  • Room Dimensions: 19 x 15
  • Room Length: 19.0
  • Room Level: First
  • Room Type: Primary Bedroom
  • Room Width: 15.0
Room 10
  • Room Dimensions: 17 x 5
  • Room Length: 17.0
  • Room Level: First
  • Room Type: Foyer
  • Room Width: 5.0
Room 11
  • Room Dimensions: 7 x 4
  • Room Length: 7.0
  • Room Level: First
  • Room Type: Pantry
  • Room Width: 4.0
Room 12
  • Room Dimensions: 23 x 16
  • Room Length: 23.0
  • Room Level: First
  • Room Type: Dining Room
  • Room Width: 16.0
Room 13
  • Room Dimensions: 15 x 11
  • Room Length: 15.0
  • Room Level: First
  • Room Type: Kitchen
  • Room Width: 11.0
Room 14
  • Room Dimensions: 31 x 23
  • Room Length: 31.0
  • Room Level: First
  • Room Type: Living Room
  • Room Width: 23.0
Multi Family
Multi-Family Information
  • Units Furnished: None
Mobile Home
Mobile Home Information
  • Mobile Dim Units: Feet
Rental
Rental Information
  • Occupant Type: Vacant

Property History for 6201 Thomas Drive, Unit 1805

DateEvent & SourcePriceAppreciation
Jan 23, 2026

Price Change

CPAR #776263

$1,700,000—
Jul 15, 2025

Listed (Active)

CPAR #776263

$2,100,000—
Mar 27, 2025

Expired

CPAR #754819

$2,100,000—
Mar 26, 2024

Listed (Active)

CPAR #754819

$2,100,000—
Jul 20, 2017

Sold (Public Record)

Public Record #602209167

$755,000—
Jul 20, 2017

Sold

CPAR #657038

$755,000—
Jun 24, 2017

Pending

CPAR #657038

—
Apr 1, 2017

Listed (Active)

CPAR #657038

$850,000—
DateEvent & SourcePrice
01/23/2026

Price Change

CPAR #776263

$1,700,000
07/15/2025

Listed (Active)

CPAR #776263

$2,100,000
03/27/2025

Expired

CPAR #754819

$2,100,000
03/26/2024

Listed (Active)

CPAR #754819

$2,100,000
07/20/2017

Sold (Public Record)

Public Record #602209167

$755,000
07/20/2017

Sold

CPAR #657038

$755,000
06/24/2017

Pending

CPAR #657038

—
04/01/2017

Listed (Active)

CPAR #657038

$850,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 6201 Thomas Drive, Unit 1805

Taxable ValueLand-Additions$916,800Total-
Tax Record2025$11,260 ($938 / month)
Home Facts
Beds3Total Finished SqFt3,056 SqFtAbove Grade Finished SqFt3,056 SqFtStories2StyleCondominiumYear Built1987CountyBAYAPN30585-365-000

Schools near 6201 Thomas Drive, Unit 1805

This home is within Bay.
Rating
School
Type
Grades
Distance
Public - PK to 12
Public - K to 5
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Surfside Middle School
PublicPK to 12

Patronis Elementary School
PublicK to 5

J.R. Arnold High School
Public9 to 12

A. Gary Walsingham Academy
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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6201 Thomas Drive, Unit 1805 is a condo for sale in Panama City, FL 32408. This property was listed for sale on July 15, 2025 by Performance Realty, it's currently listed at $1,700,000. It has been on the market for a total of 242 days and was last sold on July 20, 2017. This listing's school district is Bay. Nearby schools include Surfside Middle School, Patronis Elementary School and J.R. Arnold High School. 6201 Thomas Drive, Unit 1805 is a 3-bed, 3-bath, 3,056 sqft condo built in 1987.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Performance Realty

The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Information deemed reliable but not guaranteed. Copyright© 2026 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.