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Harrison Lilly Team

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

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6201 Thomas Dr Unit 702 , Panama City, FL 32408
$634,900
Est. Payment: $3,507.73/mo
2 Bed
2 Bath
1404 Sqft
Status: Active | Days on site: 59
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Harrison Lilly Team
Owner/Operator

House Description

Welcome to Watercrest 702 -- a beautifully maintained 2-bedroom, 2-bath Gulf-front condo offering stunning views and effortless coastal living. Located on a desirable lower floor, this residence provides the perfect balance of convenience and breathtaking scenery, with the soothing sights and sounds of the Gulf just steps away. Inside, the condo features luxury vinyl plank flooring throughout, complemented by granite countertops and a stylish tile backsplash in the kitchen, creating a clean and modern coastal aesthetic. The spacious layout comfortably sleeps up to 8 guests, making it ideal as a private getaway or a future income-producing property. Notably, this unit has never been on the short-term rental market and has been lovingly cared for as a secondary home. The primary bedroom is perfectly positioned on the Gulf side, allowing you to wake up to sweeping water views and direct balcony access. The open living and dining areas flow seamlessly onto the balcony, offering the perfect spot to relax and take in the incredible beachfront scenery. Watercrest has undergone significant recent upgrades, enhancing both value and peace of mind. Improvements include new hurricane-impact windows and sliders, along with Spring 2026 renovations featuring fresh exterior paint, new balcony railings, and fully updated balconies. The pool area has also been revitalized, including a renovated pool, pool deck, and hot tub. Residents and guests enjoy an impressive array of amenities, including a heated beachfront pool, hot tub, kiddie pool, BBQ grills, fitness center, conference room, tennis courts, pickleball court, shuffleboard, and a lively poolside tiki bar. Additional conveniences include on-site vending machines, an ice machine, and an ATM. Across the street, overflow parking and storage are available for boats, jet skis, and trailers. Watercrest is ideally located near a wide variety of restaurants, entertainment options, and family-friendly activities. Everyday essentials are just minutes away with Walmart, Publix, and Winn-Dixie nearby. An added bonus -- the neighboring development, Hadley's Beach, will consist of single-family homes, ensuring no high-rise obstruction to your incredible views. With the HOA conveniently located onsite on the third floor, communication and management are easily accessible. Don't miss this opportunity to own a beautifully updated Gulf-front condo in one of the area's most desirable communities.

Highlights

Listed by Sassy French , 865-617-6184 Keller Williams Success Realty , 850-249-0313. 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

793441

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:2
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:2
Appliances:Washer/Dryer Stacked, Electric Cooktop, Electric Oven
Air Cond:Central Air,Ceiling Fan(s)
Fireplaces:
Other:
  • ▪ Additional:Balcony, Double Vanity, Main Level Primary, Tub Shower

Exterior Features

Lot:Sprinkler System,Paved
Lot Dimensions:0x0
Zoning:City
Sewer:Public Sewer
Parking Features:No Garage,Paved,Parking Lot
Principal Interest
$3,508
Taxes
$445
HOA
$3,299

Home Price

$634,900

Loan Details

30 yrs
7.374%

Down Payment

20%
$126,980
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:
$3,507.73

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $3,507.73 $445.22 $3,298.59 $7,251.55
Yearly $42,092.77 $5,342.70 $39,583.08 $87,018.55
Total $1,262,783.18 $160,281.00 $1,187,492.40 $2,610,556.58

Today's Rates

30 Year

7.37%

20 Year

7.27%

15 Year

6.8%

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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: 2026-10-07T08:07:44.000Z

© 2026 Bay County Association of REALTORS