5 months on rocket

6201 Thomas Dr Unit 706, Panama City Beach, FL, 32408

$689,000

Home List Price

$8,182*

Closing Credit

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

Location

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6201 Thomas Dr Unit 706, Panama City$689,000

Buyer Closing Credits

$8,182*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOpen, Permit Required, Parking Lot
Year Built1987
HeatingCentral
CoolingCentral Air
WaterfrontGulf, Sandy Shoreline, Waterfront
ViewGulf
MLS #749181
StatusActive

About 6201 Thomas Dr Unit 706

Discover the luxury living at Watercrest, an exquisite beach resort condominium on the East end of Panama City Beach. Immerse yourself in the coastal lifestyle and comfort that this meticulously maintained condo offers. It has been a private haven for owners' close friends and family.Take in the awe-inspiring Gulf views and savor the privacy of your own patio. This upscale condo is turn-key, featuring beautifully updated bathrooms, kitchen, and new flooring throughout. One of the two spacious bedrooms, along with a living room offering a Gulf view and access to a private patio, ensure ample space for relaxation.Watercrest condominiums provide unparalleled amenities, including a pool, hot tub, BBQ grills, exercise room, conference room, tennis courts, shuffleboard, and a tiki bar. Convenience is at your fingertips with on-site property management, vending machines, an ice machine, and an ATM. You also have access to storage for your jet skis, boat, or trailer.Whether you seek a primary residence, second home, or a lucrative vacation rental, Watercrest offers it all. With rental projections reaching the $55,000 - $60,000 range, this is a prime investment opportunity. Seize the chance to own a piece of paradise that truly has it all!Professional pictures coming soon.All information is approximate & should be verified by buyer if important.

Property Details

Property Features

Property Information:

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

Listing Office:

  • Office Name: Local Motion Realty LLC

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Water Heater, Microwave, Refrigerator

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Gulf, Sandy Shoreline, Waterfront
  • View: Gulf
  • Exterior: Balcony, Deck, Hot Tub/Spa, Outdoor Grill, Pool

Parking Information:

  • Parking: Open, Permit Required, Parking Lot

Lot Features

Lot Information:

  • Lot: Waterfront

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

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: Thomas Drive to Watercrest Condominium

Price Information

Listing Price Info

Price Summary:

  • List Price: $689,000
  • Price Per SqFt: $500/SqFt

HOA Fees:

  • Amount: $2858
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $2,576
  • Tax Year: 2020
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Housing Market Comparison

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

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Panama City, FL

City

Med. Sold Price

$347.1K

Med. Price/SqFt

$204

Avg. Days On Market

82

# of Sold Homes

196

6201 Thomas Dr Unit 706 vs Panama City

165 DAYS ON ROCKET

+83 Days

$689,000

+$341.8K More

$500/SqFt

+$296 More

KEY TAKEAWAY

This property is $341.8K 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: #749181

Listing Office:

  • Office Name: Local Motion 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: 4/29/2024, 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

Dec 31, 2013Home Sold
$165,000
Aug 30, 2002Home Sold
$231,500

Tax History

YEARPROP. TAXASSESSMENT
2020$2,576$209,525
2018$2,713$201,731
2017$2,571$218,025

History based on county public records data.

Payment Calculator

$4,458

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,132

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NMLS#3030

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-3181780
7
/10

  • Patronis Elementary School

  • 7400 Patronis Dr

  • 1.42 miles

  • Public District Grades PK-5

Middle School

school-card-donut-3181781
5
/10

  • Surfside Middle School

  • 300 Nautilus St

  • 6.68 miles

  • Public District Grades 6-8

High School

school-card-donut-3181782
5
/10

  • J.R. Arnold High School

  • 550 N Alf Coleman Rd

  • 4.80 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $68,601. Typical income of Panama City, FL residents is between $35k-100k annually. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 6201 Thomas Dr Unit 706

What is the listing price of this property?

The listing price of 6201 Thomas Dr Unit 706 property is $689,000.

What type of property is this?

The property 6201 Thomas Dr Unit 706 is a condo located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Active Listing: 6201 Thomas Dr Unit 706 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 706 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 $2,576 (source: MLS/based on county public records data).

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

The last sale was on December 31, 2013 for $165,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 6201 Thomas Dr Unit 706 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 6201 Thomas Dr Unit 706 is 1,379 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 6201 Thomas Dr Unit 706 is 1987.

Rocket Homes›Florida›Bay County›Panama City›32408›6201 Thomas Dr Unit 706

This home is located at 6201 Thomas Dr Unit 706 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 November 16, 2023 and is currently priced at $689,000.

In March 2024 more than 13 listings in Panama City, FL were sold above the asking price. During the same period more than 63 listings were sold at asking price, while more than 120 were sold below. The number of listings in Panama City, FL increased by 3.2% between February 2024 and March 2024. In March 2024, listings were on the market for 82 days. During the same period, the median list price in this real estate market was $347,126.

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

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