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$613,652Estimated home value

Beds
2
Baths
2.0
sq ft
1,367

6201 Thomas Dr Unit 601, Panama City, FL 32408

6201 Thomas Dr Unit 601

Panama City Beach, FL 32408

  • Off market
    • Price drop $43,800↓
NEW REDUCED PRICE!!! THIS END UNIT, FULLY REMODELED CONDO, IS ONE OF THE BEST VALUES & MOST DESIRABLE CONDOS AT WATERCREST AND IN PERFECT CONDITION. It is fully furnished with the best of everything and rental ready if you desire to rent it. It is on the EAST END of the building, ON A PERFECT FLOOR, with the morning sun and afternoon shade. That is a big problem for many condos on the beach where the afternoon sun forces you to close your black out drapes until late in the evening. The Spacious END WRAP AROUND BALCONY rewards you with the Most Beautiful Beach Views of the Gulf plus East, West and North views. It can hold a huge crowd comfortably. The Kitchen has new cabinets & counter granite counter tops with new appliances.....also included is a Washer and Dryer in a nice sized laundry room. The Master Bedroom is spacious with a King Sized Bed, second bedroom is large as well with Queen Beds. These bedrooms are also oversized and spacious which you won't find in the newer buildings. All of the flooring is a tile that HAVE THE LOOK OF WOOD and will with stand wear and tear for many years to come. The bathrooms are all updated with new granite tops and shower stalls. Other Amenities include a heated pool, hot tub, kitty pool, BBQ grills, exercise room, conference room, tennis courts, racket ball court, pickleball 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. The entire building got a face lift recently and PASSED all engineering inspections. All of the FRONT DOORS at Watercrest are now being replaced. There are NEW Sliding Glass Doors off the living room and bedrooms....also ALL WINDOWS were replaced. ALL roof tiles were replaced and the exterior of the building was totally painted. There is a NEW CENTRAL Heating & Cooling System that makes the Electric Bills much lower. Much of the electric bill is included in the Association Fees. One could say that Watercrest is now one of the most newly renovated buildings on the Beach. 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 ! 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 condo owners in this building are a big family and all seem to get along very well. It's a great, stable investment !

Details

Property type

Condominium

Est. home value

$613,652

Lot size

Unknown

Price per sq ft

$476

Year built

1987

Annual property taxes

$4,774

Monthly HOA fee

$1,041.28

Price History

09/09/2024
CentralPanhandle

CentralPanhandle #754537

Removed
$650,000
08/08/2024
CentralPanhandle

CentralPanhandle #754537

Price change
$650,000
-6.31%
07/11/2024
CentralPanhandle

CentralPanhandle #754537

Price change
$693,800
-0.03%

Schools & Community

Neighborhood: 

Lower Grand Lagoon

Elementary school: 

Patronis

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Pool, Clubhouse, Fitness Center, Tennis Court(s)

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Community Bank Coast

Loan start date

April 2015

Original loan amount

$195,000

Est. remaining balance

Not provided

Interest rate

3.8%

Loan type

Not Provided, 30 year

Seller

Gct Elite Properties Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Off Market

Tomo last checked: 10/04/2024 at 11:05 PM

Listing updated: 08/19/2024 at 5:14 PM

Listed by: Fred D Peak, Jim Free Realty LLC Phone #: (850) 230-1216

MLS: CentralPanhandle #754537

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