6201 Thomas Drive Unit 1402, Panama City Beach

$499,000

2 Beds
2 Baths
1,404 Sqft
0 Acre
0 Garage

In a market full of noise, buyers want two things: LOW price and AMAZING views--and this one has BOTH!!!

This 2-bedroom end unit at Watercrest is priced as the lowest in the entire building, giving you an incredible opportunity to walk in with instant equity and serious cash flow potential.

And the views? Absolutely unreal. Being a corner unit, you get unobstructed panoramic Gulf views, extra windows, tons of natural light, and that open, elevated feel buyers and renters go crazy for.

This is the kind of property that doesn't just sit--it performs. With this price point + these views, you're perfectly positioned to attract more bookings, increase rental income, and maximize returns.

Plus, Watercrest offers a tennis court, adding even more appeal for guests and owners alike.

Deals like this don't last--especially when they check every box. If you're looking for value, views, and income potential... this is the one!!!

Essential Information
MLS® #1005539
Price$499,000
Sold Price$460,000
Date Sold$2026-07-28
Bedrooms2
Bathrooms2.00
Full Baths2
Square Footage1,404
Year Built1987
TypeResidential
Sub-TypeCondominium
StyleN/A
StatusSold
Community Information
Address6201 Thomas Drive Unit 1402
Area27 - Bay County
SubdivisionWATERCREST CONDO
CityPanama City Beach
CountyBay
StateFL
Zip Code32408
Amenities
ViewGulf
Is WaterfrontYes
WaterfrontGulf, Waterfront
Utilities

Electric, Public Sewer, Public Water

Interior
CoolingCentral Air
Interior Features

Breakfast Bar, Washer/Dryer Hookup

Appliances

Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer

Exterior
Exterior FeaturesBalcony
School Information
ElementaryPatronis
MiddleSurfside
HighArnold
Additional Information
Days on Website123
Listing Details
OfficeSalty Marlin Realty
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All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2026, All rights reserved.

Listing information last updated on October 16th, 2026 at 5:37pm CDT.