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6201 Thomas Dr Unit 1505, Panama City Beach, FL, 32408

$688,900

Home List Price

$8,181*

Closing Credit

2 Bedrooms
2 Full Baths
1,379 SqFt
$500/SqFt
Condo
Schools Nearby

Location

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6201 Thomas Dr Unit 1505, Panama City$688,900

Buyer Closing Credits

$8,181*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingPermit Required
Year Built1987
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s), Electric
WaterfrontGulf, Sandy Shoreline
ViewGulf
MLS #753798
StatusActive

About 6201 Thomas Dr Unit 1505

PRICED TO SELL. OWNER IS MOTIVATED... ONE OF THE LEAST EXPENSIVE NEWLY RENOVATED GULF FRONT CONDOS . EVERYTHING IS RENTAL OR LIVING READY...... YOU DON'T HAVE TO SPEND ANY MONEY! The entire building got a face lift recently and PASSED all engineering inspections. All of the FRONT DOORS at Watercrest are now being replaced with new locks. There are NEW Sliding Glass Doors off the living room and master bedroom....also ALL WINDOWS were replaced. ALL roof tiles were replaced and the exterior of the building was totally painted. There is a NEW CENTRAL Heating & Cooling System that makes the Electric Bills much lower. This is included in the Association Fees. One could say that Watercrest is now one of the most newly renovated buildings on the Beach. The Spacious Balcony rewards you with the Most Beautiful Beach Views of the Gulf. This Balcony is HUGE and one can sit on it while there is pouring down rain and NOT GET WET! It can hold a huge crowd comfortably. The Kitchen has new cabinets & counter tops with new appliances.....also included is a Washer and Dryer in a nice sized laundry room. Master Bedroom is spacious with a King Sized Bed, second bedroom is large as well with Queen Beds. These bedrooms are also over sized and spacious which you won't find in the newer buildings. The bathrooms are all updated. Other Amenities include a heated pool, hot tub, kitty pool, BBQ grills, exercise room, conference room, tennis courts, pickleball, racket ball court, shuffleboard and a tiki bar with snacks and water toys available for purchase. There is also on-site vending machines, ice machine, and ATM. Across the street you will find a storage area for your jet skis, boat, or trailer. Watercrest is one of the BEST managed condos on the Beach with numerous awards over the years. There is a FULL TIME MANAGER on site, plus security guards and security cameras, with a TV monitoring security office. The Homeowners Association has been very responsible and maintained a tightly run ship that has been financially responsible. Reserves have been maintained and is in better shape than most other complexes on PCB. The Owners are a big family that work well together......a GREAT place to own a condo! This Condo is centrally located and in close proximity to Captain Anderson's, Schooners, Publix Supermarket, fantastic shopping, St. Andrews State Park, all kinds of entertainment. Watercrest has a private beach and newly updated swimming pool. This unit is perfect for family beach getaway or it could be an income generating rental machine. Enjoy your coffee in the morning on your private balcony and your cocktails as the sun sets. Be sure and catch the ''Green Flash'' as the sun falls into the sea !

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 1987
  • Living Area: 1,379 SqFt

Listing Office:

  • Office Name: Jim Free Realty LLC

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Freezer, Disposal, Ice Maker, Microwave, Refrigerator, Range Hood, Washer
  • Flooring Type: Tile
  • Interior: Breakfast Bar, Crown Molding, Pantry, Recessed Lighting, Split Bedrooms, Storage

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Gulf, Sandy Shoreline
  • View: Gulf
  • Exterior: Balcony

Parking Information:

  • Parking: Permit Required

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Ceiling Fan(s), Electric

School Info

Assigned Schools Information:

  • J.R. Arnold High School, Public District Grades 9-12
  • Surfside Middle School, Public District Grades 6-8
  • Patronis Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: 6201 Thomas Drive 1505Panama City Beach, FL 32408

Price Information

Listing Price Info

Price Summary:

  • List Price: $688,900
  • Price Per SqFt: $500/SqFt

HOA Fees:

  • Amount: $3123
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $2,589
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Panama City, FL.

Med. Sold Price

$347.1K

Med. Price/SqFt

$204

Avg. Days On Market

82

# of Sold Homes

196

6201 Thomas Dr Unit 1505 vs Panama City

41 DAYS ON ROCKET

-41 Days

$688,900

+$341.7K More

$500/SqFt

+$296 More

KEY TAKEAWAY

This property is $341.7K more than the Median Sold Price and $296/SqFt more than other homes in Panama City, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BCAR
  • MLS Number: #753798

Listing Office:

  • Office Name: Jim Free Realty LLC

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2024 Central Panhandle Association of REALTORS.© All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 3:25:19 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 19, 2016Home Sold
$274,000
Jul 22, 2008Home Sold
$260,000
Aug 10, 2006Home Sold
$379,900
Feb 18, 2004Home Sold
$320,000
Feb 25, 2003Home Sold
$263,000
Jan 31, 2001Home Sold
$231,000
Jun 03, 1997Home Sold
$172,500

Tax History

YEARPROP. TAXASSESSMENT
2020$2,589$209,525
2018$2,867$225,895
2017$2,788$218,025

History based on county public records data.

Payment Calculator

$4,547

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,132

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2384363
7
/10
  • Patronis Elementary School

  • 7400 Patronis Dr

  • 1.42 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2384364
5
/10
  • Surfside Middle School

  • 300 Nautilus St

  • 6.68 miles

  • Public District Grades 6-8

High School

school-card-donut-2384365
5
/10
  • J.R. Arnold High School

  • 550 N Alf Coleman Rd

  • 4.80 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $68,601. The majority of Panama City, FL residents have income between $35k-100k annually. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 6201 Thomas Dr Unit 1505

What is the listing price of this property?

The listing price of 6201 Thomas Dr Unit 1505 property is $688,900.

What type of property is this?

The property 6201 Thomas Dr Unit 1505 is a condo located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Active Listing: 6201 Thomas Dr Unit 1505 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 6201 Thomas Dr Unit 1505 are:
Patronis Elementary School: GreatSchools Rating 7/10
Surfside Middle School: GreatSchools Rating 5/10
J.R. Arnold High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,589 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 19, 2016 for $274,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 6201 Thomas Dr Unit 1505 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 6201 Thomas Dr Unit 1505 is 1,379 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 6201 Thomas Dr Unit 1505 is 1987.

Rocket Homes›Florida›Bay County›Panama City›32408›6201 Thomas Dr Unit 1505

This home is located at 6201 Thomas Dr Unit 1505 in Panama City Beach, FL and zip code 32408. This 1,379 square foot home was built in 1987. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 18, 2024 and is currently priced at $688,900.

Panama City, FL housing market in March 2024 saw over 13 listings sold above listed price, more than 63 sold at listed price and over 120 sold below. The number of homes for sale in Panama City, FL increased by 3.2% between February 2024 and March 2024. The median list price of listings available in March 2024 was $347,126, while the average time on the real estate market was 82 days.

From Rocket Homes Real Estate and based on county public records data.

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