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$625,000   Price Analysis
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6201 Thomas Dr Unit 405
Panama City, FL 32408
2 bed 2 bath 1,379 SqFt ($453/SqFt)
Built 1987
Listed 2024-05-14, HOA $1041, Taxes $3,730
USDA Eligible
near Panama City, FL
 

OWNER IS MOTIVATED AND THIS IS A FANTASTIC DEAL !!!

If yu want a condo at Watercrest, now is the time to make a decision on this one. This is a low floor that renters love and is centered on the pool. EVERYTHING IS RENTAL OR LIVING READY. . YOU DON'T HAVE TO SPEND ANY MONEY! The entire building got a face lift, including doors, windows, walls, roof, painting etc. There are BRAND CONTEMPORARY Sliding Glass Doors off the living room and master bedroom. There is a NEW CENTRAL Heating and 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 and counter tops . .also included is a Washer and Dryer in a nice sized laundry room. Master Bedroom is sizeable 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 partially 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 responsible and maintained a tightly run ship that has been financially responsible. Reserv es 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 !


Presented by Fred Peak at
Jim Free Realty Llc.
Listing Agent Photo

Property MLS #757080 from CPARMLS

Bedrooms: 2
Primary Bedroom Dimensions: 16 x 13
Primary Bedroom Level: First

Total Bathrooms: 2
Full Bathrooms: 2

Dryer
WasherDryerStacked
Dishwasher
ElectricOven
ElectricRange
ElectricWaterHeater
Freezer
Disposal
IceMaker
Microwave
Refrigerator
RangeHood
Washer
Laundry Features: Stacked

Bedroom: 15 x 13
Bedroom Level: First
Living Room Dimensions: 24 x 15
Living Room Level: First

Cooling Features: CentralAir, CeilingFans, Electric
Heating Features: Central, Electric
Heating: Yes

Kitchen Dimensions: 11 x 10
Kitchen Level: First

Balcony
Other Structures: TennisCourts
Patio And Porch Features: Balcony
Road Frontage Type: CityStreet

Pool Features: InGround, Private

Gulf
ShorelineSand

Lot Size Dimensions: 0x0

Parking Features: PermitRequired

View: Gulf
Security Features: FireAlarm, FireEscape, SmokeDetectors, SecurityGuard, Item24HourSecurity, SecurityLights

Association: Yes
Association Amenities: BeachRights
Association Fee: 3123
Association Fee Frequency: Quarterly
Association Fee Includes: AssociationManagement, Clubhouse, CableTV, FitnessFacility, Insurance, Internet, LegalAccounting, MaintenanceGrounds, PestControl, Pools, Security, TennisCourts, Trash, Water
Calculated Total Monthly Association Fees: 1041
Pets Allowed: OwnerOnly

Elementary School: Patronis
High School: Arnold
Middle School: Surfside

Patronis Elementary School is a public elementary school located approximately 1.5 miles away.
directions icon Map directions

J.R. Arnold High School is a public high school located approximately 4.8 miles away.
directions icon Map directions

Surfside Middle School is a public middle school located approximately 6.7 miles away.
directions icon Map directions

St. Bernadette Catholic School is a private elementary school located approximately 3.3 miles away.
directions icon Map directions

Community Features: Barbecue, Beach, Clubhouse, CableTV, Elevator, Fitness, GameRoom, Park, Pool, ShortTermRentalAllowed, TennisCourts, Waterfront

Annual Tax Amount: 4266
Source Listing Status: Active
County: Bay
Directions: 6201 Thomas Drive 405Panama City Beach, FL 32408
Tax Year: 2023
Source Property Type: Residential
Property Subtype: condo
MLS Area Minor: 0323 - Beach - South of Grand Lagoon
Source Neighborhood: Watercrest Condo
Parcel Number: 30585-235-000
Postal City: Panama City
Subdivision: Watercrest Condo
Zoning Description: Resid Multi-Family
Property Subtype: Condominium
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$230,478
$3,730
2021$209,525 + $unknown
$209,525
$2,552
2020$unknown + $unknown
$190,852
$1,902
2019$192,010 + $unknown
$192,010
$1,938
2018$unknown + $unknown
$215,391
$2,263
2017$unknown + $unknown
$210,961
$2,227
2016$188,700 + $unknown
$188,700
$2,462
2015$unknown + $unknown
$151,564
$2,431
2014$unknown + $unknown
$137,785
$1,856
2013$unknown + $unknown
$137,785
$1,649
2012$unknown + $unknown
$136,521
$1,636
2011$unknown + $unknown
$136,000
$1,665
2010$unknown + $unknown
$182,750
$2,237
2009$unknown + $unknown
$216,503
$2,662
2008$unknown + $unknown
$191,362
$2,207
2007$unknown + $unknown
$230,421
$2,614

Listed 2024-05-14
$625,000
CPARMLS
Sold 2015-08-05
$205,000
Public Record
Listing removed 2015-06-22
$219,900
CPARMLS
Listed 2015-03-10
$219,900
CPARMLS
Sold 1994-09-01
$139,900
Public Record
Sold 1991-10-01
$77,000
Public Record

Total Square Feet Living: 1379
Year Built: 1987
Construction Materials: Concrete, Stucco
Foundation Details: PillarPostPier
Living Area Source: Appraiser
Property Age: 37
House Style: HighRise
Architectural Style: HighRise
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.