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Harrison Lilly

Owner/Operator | Harrison Lilly Emerald Coast | Harrison Lilly Realty | PLACE

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6201 Thomas Dr Unit 1510 , Panama City, FL 32408
$719,600
Est. Payment: $3,649.68/mo
2 Bed
2 Bath
1367 Sqft
Status: active with contingency | Days on site: 95
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Harrison Lilly
Owner/Operator

House Description

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. Welcome to Watercrest 1510, a stunning beachfront retreat in the heart of Panama City Beach, Florida. Perfectly perched on the 15th floor, this luxurious two-bedroom, two-bath condominium delivers everything you envision when you picture coastal paradise--panoramic ocean views, warm Gulf breezes, and unforgettable sunsets over sugar-white sands! There is a third sleeping area with bunks that is generating additional rental revenue. This property has a proven rental history, making it an outstanding investment and personal escape in one. Guests return year after year for its unbeatable location and sophisticated comfort. Recently refreshed with over $110,000 in renovations, Watercrest 1510 shines with style and attention to detail. Fresh finishes, modern furnishings, and an open-concept design showcase coastal elegance while maintaining easy, livable charm! Step inside and you're immediately greeted by breathtaking, floor-to-ceiling views of the Gulf of Mexico. The light-filled living area opens directly to a wraparound balcony--a signature feature of this unit--offering nearly endless horizons and sea breezes from sunrise to sunset. There's space for morning coffee, leisurely lunches, or sunset cocktails as the sky transforms into shades of gold and coral. A second private balcony extends the outdoor living space, giving you multiple vantage points to take in the view and overlooking the tennis courts! Inside, the kitchen features upgraded appliances, sleek countertops, and new cabinetry--designed for both beauty and functionality. The bedrooms are tranquil retreats, the master suite featuring direct balcony access and an oceanfront panorama that makes waking up feel extraordinary. Every corner has been curated for relaxation, from the luxurious bathrooms to the thoughtful coastal décor! Watercrest is one of Panama City Beach's most desirable resorts, known for its prime beachfront location and array of amenities. Enjoy a large beachfront pool, hot tub, kiddie pool, fitness center, tennis courts, and direct access to the soft sands of the Gulf coast. The building is well-maintained and conveniently situated near top local attractions, dining, and entertainment--everything you or your guests could want within minutes! Whether you're seeking an income-producing investment or a private oceanfront getaway, Watercrest 1510 delivers the best of both worlds: modern comfort, timeless views, and the ultimate Panama City Beach lifestyle. With turnkey upgrades, a strong rental record, and a setting built for memory-making, this is your chance to own a piece of Gulf Coast perfection! Watercrest 1510--where every sunset feels like it was meant just for you!

Highlights

Listed by Daniel Peak , 850-890-8884 Realty Mark Associates , 561-245-5400. Bay County Association of REALTORS

Property Type

Condo/Townhome

HOA Fee

3298.59 Quarterly

Year Built

1987

County

Bay

Area

03 - Bay County - Beach

Neighborhood

Watercrest Condo

Listing ID

788806

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:2
  • Bathrooms:2
  • Full Bathrooms:2
Appliances:Electric Cooktop, Electric Oven, Electric Water Heater, Ice Maker
Air Cond:Central Air,Ceiling Fan(s)
Fireplaces:
Other:
  • Additional:Balcony, Coffered Ceiling(s), Double Vanity, Main Level Primary, Smart Thermostat, Walk-In Closet(s)

Exterior Features

Lot Dimensions:0x0
Zoning:Resid Multi-Family
Sewer:Public Sewer
Principal Interest
$3,650
Taxes
$567
HOA
$3,299

Home Price

$719,600

Loan Details

30 yrs
6.529%

Down Payment

20%
$143,920
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,649.68

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $3,649.68 $566.75 $3,298.59 $7,515.02
Yearly $43,796.11 $6,801.00 $39,583.08 $90,180.19
Total $1,313,883.15 $204,030.00 $1,187,492.40 $2,705,405.55

Today's Rates

30 Year

6.53%

20 Year

6.33%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Panama City, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bay County Association of REALTORS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-20T06:33:19.000Z

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