7 months on rocket

6201 Thomas Dr Unit 1805, Panama City Beach, FL, 32408

$2,100,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
3 Full Baths
3,056 SqFt
$687/SqFt
Condo

Location

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6201 Thomas Dr Unit 1805, Panama City$2,100,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingCovered, Deeded, Gated, Paved
Year Built1987
HeatingCentral, Electric
CoolingCentral Air, Electric
WaterfrontGulf
ViewGulf, Lagoon
MLS #754819
StatusActive

About 6201 Thomas Dr Unit 1805

Luxurious Gulf Front Penthouse Condo at WatercrestWelcome to coastal paradise living at its finest! Nestled in the heart of Panama City Beach, this exclusive 3-bedroom, 3-bathroom penthouse condo offers a rare opportunity to own a slice of heaven in one of the most sought-after locations along the Gulf Coast.Boasting a prestigious position as one of only four units on the penthouse floor, this fixer-upper presents the perfect canvas for your dream coastal retreat. With cathedral ceilings and recessed lighting enhancing the expansive over 3000 sq ft of living area, you'll be enveloped in a sense of grandeur from the moment you step inside.Indulge in breathtaking panoramic views of the sparkling Gulf waters and sugar-white sands from the nearly 1000 square feet of balcony space, providing the ultimate setting for sunset cocktails and al fresco dining.Positioned as a coveted west corner unit, you'll relish in the unparalleled vistas of the Gulf's shimmering waters and breathtaking sunsets, ensuring every moment is bathed in natural beauty.As a resident of the penthouse floor, you'll enjoy the pinnacle of luxury living with exclusive access to your own private pool, reserved solely for penthouse owners. Immerse yourself in the tranquility of the water, surrounded by the whispering sea breeze and the soothing sound of waves crashing against the shore.This penthouse also includes deeded parking, ensuring convenience and peace of mind for you and your guests.With endless possibilities to customize and finish out to your exact specifications, this penthouse presents a rare opportunity to create a bespoke coastal haven tailored to your every desire.Don't miss your chance to elevate your lifestyle to new heights with this exceptional Gulf Front Penthouse Condo at Watercrest. Contact us today to schedule your private tour and embark on the journey to coastal luxury living.

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 1987
  • Living Area: 3,056 SqFt

Listing Office:

  • Office Name: Performance Realty

Interior Features

Interior Information:

  • Appliances: Electric Water Heater, Refrigerator
  • Interior: Cathedral Ceiling(s), Recessed Lighting, Entrance Foyer, Pantry

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Gulf
  • View: Gulf, Lagoon
  • Exterior: Balcony, Pool

Parking Information:

  • Parking: Covered, Deeded, Gated, Paved

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

Other

Directions Information:

  • Directions: From the intersection of Thomas Dr. and Front Beach Rd., take Thomas Dr. East to Watercrest on right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,100,000
  • Price Per SqFt: $687/SqFt

HOA Fees:

  • Amount: $6567
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $6,676
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$339.2K

Med. Price/SqFt

$201

Avg. Days On Market

79

# of Sold Homes

166

6201 Thomas Dr Unit 1805 vs Panama City

232 DAYS ON ROCKET

+153 Days

$2,100,000

+$1.7M More

$687/SqFt

+$486 More

KEY TAKEAWAY

This property is $1.7M more than the Median Sold Price and $486/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: #754819

Listing Office:

  • Office Name: Performance Realty

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: 12/22/2024, 7:21:00 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

Jul 20, 2017Home Sold
$755,000

Tax History

YEARPROP. TAXASSESSMENT
2020$6,676$545,487
2018$8,072$641,750
2017$5,201$409,504

History based on county public records data.

Payment Calculator

$12.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,362

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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.

Nearby Schools

school-card-donut-1063345
7
/10
  • Patronis Elementary School

  • 7400 Patronis Dr

  • 1.47 miles

  • Public District Grades KG-5

school-card-donut-1063346
3
/10
  • Lucille Moore Elementary School

  • 1900 Michigan Ave

  • 4.14 miles

  • Public District Grades PK-5

school-card-donut-1063347
1
/10
  • St. Andrew School at Oakland Terrace

  • 2010 W 12th St

  • 4.60 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $68,601. Residents of Panama City, FL typically earn between $35k-100k each year. Residents typically live in single, no kids family. 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 1805

What is the listing price of this property?

The listing price of 6201 Thomas Dr Unit 1805 property is $2,100,000.

What type of property is this?

The property 6201 Thomas Dr Unit 1805 is a condo located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Active Listing: 6201 Thomas Dr Unit 1805 is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $6,676 (source: MLS/based on county public records data).

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

The last sale was on July 20, 2017 for $755,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 6201 Thomas Dr Unit 1805 has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 6201 Thomas Dr Unit 1805 is 3,056 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 6201 Thomas Dr Unit 1805 is 1987.

Rocket HomesFloridaBay CountyPanama City324086201 Thomas Dr Unit 1805

This home is located at 6201 Thomas Dr Unit 1805 in Panama City Beach, FL and zip code 32408. This 3,056 square foot home was built in 1987. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 04, 2024 and is currently priced at $2,100,000.

While more than 13 listings in Panama City, FL in November 2024 were sold above asking price, there were more than 33 listings sold at asking price, and more than 120 were sold below. The number of listings in Panama City, FL decreased by 3.9% between October 2024 and November 2024. In November 2024, listings were on the market for 79 days. During the same period, the median list price in this real estate market was $339,223.

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

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