6201 Thomas Drive, Unit 401

Panama City Beach, FL 32408

$725,000
Price
2
Beds
2
Baths
1,367 Sq. Ft.
$530 / Sq. Ft.
1,367
Sq. Ft.
$530
per Sq. Ft.

Description

Welcome to your new personal home or investment condo! NEVER RENTED UNTIL MARCH 2024. 100K Plus GROSS RETURN ON INVESTMENT PROJECTED! ( See documents for Rental projection). Sunrise and sunset views from your bedroom to the main living area! Walk in and do nothing but rest and relax or rent and return! Cash your mailbox money now! This unit is currently on the rental market and is heavily rented so call for turn dates. Designer furniture and all decor conveys. Spectacular views of the Gulf with this...Welcome to your new personal home or investment condo! NEVER RENTED UNTIL MARCH 2024. 100K Plus GROSS RETURN ON INVESTMENT PROJECTED! ( See documents for Rental projection). Sunrise and sunset views from your bedroom to the main living area! Walk in and do nothing but rest and relax or rent and return! Cash your mailbox money now! This unit is currently on the rental market and is heavily rented so call for turn dates. Designer furniture and all decor conveys. Spectacular views of the Gulf with this gorgeous East end unit with WRAP AROUND BALCONY. This is a totally renovated condo from floor to ceiling. There are upgrades and personal touches to this condo that make it a stand out in the building. The condo building itself has had several big renovations in the last several years to include new roof, exterior paint, new windows and slider doors, pool, pool deck and hot tub have also been renovated. Wonder what is going on next door to watercrest? Hadley's beach..... No obstruction from those new home builts to this condo. These will be houses not a high rise community. Watercrest Amenities include a heated pool, hot tub, kid's pool, BBQ grills, exercise room, conference room, tennis courts, Pickle Ball court, shuffleboard, and a poolside tiki bar. There are also on-site vending machines, an ice machine, and ATM. Across the street you will find over flow parking and a storage area for your jet skis, boat, or trailer. WATERCREST is close to many kid and adult activities as well as too many to count local restaurants and pubs. Walmart, Publix, Winn Dixie are just minutes from the complex. The HOA is onsite on the 3rd floor as well making it easy for owners to communicate. Don't miss out.
  1. Listed by Sassy French • Keller Williams Success Realty

Property Details for 6201 Thomas Drive, Unit 401

Architectural Style
High Rise
Waterfront
Yes
Waterfront Features
Gulf, Shoreline Sand, Waterfront
Parking Features
Additional Parking, Parking Lot
Subdivision Name
Watercrest Condo
View
Gulf
Zoning Description
Resort
View
Yes

Location

Listing Courtesy of Keller Williams Success Realty
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LISTING UPDATED: 04/27/2024 02:18 PM

Property Details for 6201 Thomas Drive, Unit 401

StatusActive
MLS #755115
Days on Market29
Taxes$6,111 / year
HOA Fees$3,104 / quarter
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Condominium / Condominium
Year Built1987
CountyBay County

Location

Listing Courtesy of Keller Williams Success Realty
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Building Information for 6201 Thomas Drive, Unit 401

Building/Complex6201 Thomas DrFloor4Stories18Residences174Pet Policy-Year Built1987

Payment Calculator

$5,501 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,957

Property Taxes

$509

HOA Dues

$1,035

The Payment Calculator is for illustrative purposes only.

Property Information for 6201 Thomas Drive, Unit 401

Summary
Location and General Information
  • City: Panama City Beach
  • County Or Parish: Bay
  • Directions: From the Hathaway bridge travel south on Thomas Drive, go past the curve where Newby's is at and continue on for about a mile. Watercrest will be on your left. Look for the big green ''W'' on the front of the building.
  • Postal Code: 32408
  • Latitude: 30.149633
  • Longitude: -85.764088
  • State Or Province: FL
  • Road Frontage Type: City Street
  • MLS Area Major: 03 - Bay County - Beach
  • MLS Area Minor: 0323 - Beach - South of Grand Lagoon
Taxes and HOA Information
  • Parcel Number: 30585-231-000
  • Association Fee: $3,104.40
  • Association Fee Frequency: Quarterly
  • Association Fee Includes: Association Management, Cable TV, Fitness Facility, Internet, Legal Accounting, Maintenance Grounds, Other, Pools, Sewer, See Remarks, Security, Tennis Courts, Trash, Water
  • Association Name: Watercrest HOA
  • Association: Yes
  • Tax Annual Amount: $6,111.00
  • Tax Legal Description: WATERCREST CONDO UNIT 401 (TYPE A) ORB 1149 P 1677 2BR 2B 1367 H&C ORB 4573 P 2318
  • Tax Year: 2023
School Information
  • Elementary School: Patronis
  • High School: Arnold
  • Middle Or Junior School: Surfside
Parking
  • Garage: No
Property
Lot Information
  • Lot Features: Waterfront
  • Lot Size Dimensions: 0x0
  • Living Area: 1367.0
  • Living Area Source: Appraiser
Property and Assessments
  • Other Structures: Other, Tennis Courts
  • Year Built: 1987
  • Property Condition: Updated Remodeled
  • Human Modified: No
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Community Coop, Public
Interior and Exterior Features
Exterior Features
  • Exterior Features: Balcony, Hot Tub Spa, Outdoor Grill, Pool
  • Pool Features: Community, Electric Heat, In Ground, Pool
  • Spa: Yes
  • Association Amenities: Beach Rights
  • Community Features: Beach, Cable TV, Fitness, Pool, Short Term Rental Allowed, Tennis Courts
  • Door Features: Storm Doors
  • Construction Materials: Stucco
  • Patio And Porch Features: Balcony
  • Security Features: Fire Alarm, Fire Sprinkler System, Smoke Detectors, Security Guard, Item24Hour Security
Interior Features
  • Stories Total: 18
  • Flooring: Tile
  • Bathrooms Full: 2
  • Bathrooms Total: 2
  • Bedrooms Total: 2
  • Cooling: Yes
  • Cooling: Central Air, Electric
  • Heating: Yes
  • Heating: Central, Electric
  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Interior Features: Fireplace, High Ceilings, New Paint, Pantry, Remodeled, Recessed Lighting, Window Treatments
  • Window Features: Storm Windows
Room Information
Room 1
  • Room Area: 110.0
  • Room Description: Owner measured
  • Room Dimensions: 11 x 10
  • Room Length: 11.0
  • Room Level: First
  • Room Type: Kitchen
  • Room Width: 10.0
Room 2
  • Room Area: 360.0
  • Room Description: Owner measured
  • Room Dimensions: 24 x 15
  • Room Length: 24.0
  • Room Level: First
  • Room Type: Living Room
  • Room Width: 15.0
Room 3
  • Room Area: 208.0
  • Room Description: Owner measured
  • Room Dimensions: 13 x 16
  • Room Length: 13.0
  • Room Level: First
  • Room Type: Primary Bedroom
  • Room Width: 16.0
Multi Family
Multi-Family Information
  • Number Of Units In Community: 174
Rental
Rental Information
  • Pets Allowed: Owner Only
  • Occupant Type: Occupied

Property History for 6201 Thomas Drive, Unit 401

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 6201 Thomas Drive, Unit 401

Taxable ValueLand-Additions$485,563Total-
Tax Record2023$6,111 ($509 / month)
Home Facts
Beds2Total Finished SqFt1,367 SqFtAbove Grade Finished SqFt1,367 SqFtStories2StyleCondominiumYear Built1987CountyBAYAPN30585-231-000

Schools near 6201 Thomas Drive, Unit 401

This home is within Bay.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 12
Public - 6 to 8
Public - PK to 5
Rating
School
Distance
Patronis Elementary School
PublicPK to 5

J.R. Arnold High School
PublicPK to 12

Surfside Middle School
Public6 to 8

St. Andrew School
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.

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6201 Thomas Drive, Unit 401 is a condo for sale in Panama City Beach, FL 32408. This property was listed for sale on April 2, 2024 by Keller Williams Success Realty, it's currently listed at $725,000. It has been on the market for a total of 29 days and was last sold on June 2, 2022. This listing's school district is Bay. Nearby schools include Patronis Elementary School, J.R. Arnold High School and Surfside Middle School. 6201 Thomas Drive, Unit 401 is a 2-bed, 2-bath, 1,367 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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. 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 Keller Williams Success 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© 2024 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.