Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
2 Beds
2 Baths
1,367 sqft

$550,000

6201 Thomas Drive 501, Panama City FL, 32408

Price per sqft$402.34
Built in1987
Property size1,367 sqft
Property typeCondominium

Overview

Sold

Closed

Listed Jul 28, 2026

Updated 2 weeks ago

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. THIS END UNIT CONDO IS A STEAL!....PRICED AT JUST $575,000....WELL BELOW MARKET VALUE.. AVAILABLE TO SHOW ANYTIME.......Welcome to Watercrest 501--your private Gulf-front sanctuary in the heart of Panama City Beach. This beautifully renovated beachfront condominium offers breathtaking panoramic views of the emerald waters and sugar-white sands that have made the Emerald Coast famous.This spacious two-bedroom, two-bath condo has been totally renovated including new kitchen and baths. It has not been in a rental program, but is furnished and ready to go if that is what you would like and is an exceptional opportunity for both investors and those seeking their own beachfront escape. The moment you step inside, your attention is drawn to the spectacular floor-to-ceiling Gulf views. The expansive living area flows seamlessly onto the oversized wraparound balcony, where you'll enjoy uninterrupted vistas of the Gulf of Mexico, refreshing sea breezes, and unforgettable sunsets. Whether you're sipping your morning coffee, dining al fresco, or relaxing with an evening cocktail, this outdoor living space is simply extraordinary. A second private balcony provides additional outdoor enjoyment while overlooking the tennis courts, offering yet another peaceful retreat to enjoy Florida's beautiful weather. Watercrest is consistently recognized as one of Panama City Beach's premier Gulf-front resorts, offering an impressive selection of amenities including: Large beachfront swimming pool Hot tub Kiddie pool Fitness center Tennis courts Direct access to the pristine beaches of the Gulf Ideally located, Watercrest places you just minutes from exceptional restaurants, shopping, entertainment, golf, fishing, and many of Panama City Beach's most popular attractions. Whether you're searching for a high-performing investment property, a luxurious second home, or your own permanent beachfront residence, Watercrest 501 delivers on every level. With extensive renovations, spectacular Gulf views, and a truly turnkey condition, this is a rare opportunity to own one of the area's finest beachfront condominiums. Experience the beauty of Gulf-front living at Watercrest 501--where every sunrise inspires, every sunset captivates, and every day feels like a vacation.

Additional information

MLS® ID
793252

Interior Features

Bedrooms
2
Bathrooms
2
Cooling
Yes
Heating
Yes
Basement
No

Other Property Details

Association Fee Frequency
Quarterly
View
Yes
Pool
Yes
Waterfront
Yes

 

Courtesy of Realty Mark Associates, Daniel Peak,
Listing Contact: 850-890-8884 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Rachel Warrell shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

© 2026 Central Panhandle Association of REALTORS. All rights reserved.

Powered by Luxury Presence