7 months on rocket

6201 Thomas Dr Unit 405, Panama City, FL, 32408

$624,800

Home List Price

$7,420*

Closing Credit

2 Bedrooms
2 Full Baths
1,379 SqFt
$453/SqFt
Condo

Location

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6201 Thomas Dr Unit 405, Panama City$624,800

Buyer Closing Credits

$7,420*

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 #757080
StatusActive

About 6201 Thomas Dr Unit 405

OWNER IS MOTIVATED AND THIS IS A FANTASTIC DEAL !!! If you 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 NEW Sliding Glass Doors off the living room and master bedroom. 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 .....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 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 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, Washer/Dryer Stacked, Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Freezer, Disposal, Ice Maker, Microwave, Refrigerator, Range Hood, Washer

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

Other

Directions Information:

  • Directions: 6201 Thomas Drive 405Panama City Beach, FL 32408

Price Information

Listing Price Info

Price Summary:

  • List Price: $624,800
  • Price Per SqFt: $453/SqFt

HOA Fees:

  • Amount: $3123
  • Frequency: Quarterly
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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 405 vs Panama City

222 DAYS ON ROCKET

+143 Days

$624,800

+$285.5K More

$453/SqFt

+$252 More

KEY TAKEAWAY

This property is $285.5K more than the Median Sold Price and $252/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: #757080

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: 12/23/2024, 5:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$4,227

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,940

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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.

Nearby Schools

school-card-donut-1147630
7
/10
  • Patronis Elementary School

  • 7400 Patronis Dr

  • 1.47 miles

  • Public District Grades KG-5

school-card-donut-1147631
3
/10
  • Lucille Moore Elementary School

  • 1900 Michigan Ave

  • 4.14 miles

  • Public District Grades PK-5

school-card-donut-1147632
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. The most common annual income of people living in Panama City, FL is between $35k-100k. Most families are 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 405

What is the listing price of this property?

The listing price of 6201 Thomas Dr Unit 405 property is $624,800.

What type of property is this?

The property 6201 Thomas Dr Unit 405 is a condo located in Panama City, Florida, 32408.

Is this property for sale now?

Active Listing: 6201 Thomas Dr Unit 405 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 6201 Thomas Dr Unit 405 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 6201 Thomas Dr Unit 405 is 1,379 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 6201 Thomas Dr Unit 405 is 1987.

Rocket HomesFloridaBay CountyPanama City324086201 Thomas Dr Unit 405

This home is located at 6201 Thomas Dr Unit 405 in Panama City, 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 May 14, 2024 and is currently priced at $624,800.

In November 2024, from all listings sold in Panama City, FL there were more than 13 sold above asking price, over 120 sold below and more than 33 were sold right at the asked price. In November 2024 in Panama City, FL there were 3.9% less homes for sale than in October 2024. In November 2024 median list price was $339,223 and the average listing age was 79 days.

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

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