Features & Amenities

Interior

  • Total Bedrooms

    3

  • Bathrooms

    3

  • Cooling YN

    YES

  • Cooling

    Central Air, Ceiling Fan(s)

  • Heating YN

    YES

  • Heating

    Central, Electric

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Concrete, Stucco, Frame

  • Other Exterior Features

    Balcony

  • Parking

    Parking Lot

  • Pool

    Yes

  • Pool Features

    Gas Heat, In Ground, Community

  • Waterfront YN

    YES

  • View

    Water

Area & Lot

  • Lot Features

    Waterfront

  • Property Type

    Residential

  • Property Sub Type

    Condominium

  • Architectural Style

    HighRise

Price

  • Sales Price

    $685,000

  • Tax Amount

    $6,187

  • Zoning

    Resid Multi-Family

  • Sq. Footage

    1,441

  • Price/SqFt

    $475

HOA

  • Association

    YES

  • Association Fee

    $3,378

  • Association Fee Frequency

    Quarterly

  • Association Fee Includes

    N/A

School District

  • Elementary School

    Patronis

  • Middle School

    Surfside

  • High School

    Arnold

Property Features

  • New Construction

    NO

  • Association Amenities

    Management, Beach Rights, Game Room, Clubhouse, Cable TV, Maintenance Grounds, Security, Trash, Water

  • Foundation Details

    Pillar/Post/Pier

  • Sewer

    Public Sewer

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Location

County

Bay

Elementary School

Patronis

Middle School

Surfside

High School

Arnold

Listing Courtesy of Daniel Peak, Realty Mark Associates

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CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS.
If you've been searching for the perfect beachfront condo on Panama City Beach, your opportunity has arrived. Welcome to Unit 1607 at Watercrest--one of the most sought-after addresses on the Emerald Coast.

Spanning 1,441 square feet, this 3-bedroom, open-concept residence offers a rare combination of space, layout, and views that discerning buyers are always chasing--and seldom find. Positioned in the highly coveted ''07 stack,'' this unit boasts more direct Gulf-front windows than nearly any other in the building, flooding the interior with natural light and showcasing truly panoramic, unobstructed views of the emerald waters and sugar-white sands.

Step outside to what is arguably one of the most impressive balconies on the beach. Expansive and built for entertaining, this Gulf-front terrace can comfortably host 20+ guests--perfect for sunset gatherings, coastal breezes, and unforgettable evenings overlooking miles of pristine shoreline.

Located on the 16th floor, this unit strikes the ideal balance: high enough for sweeping, private views, yet low enough to keep you connected to the pool, beach, and shoreline activity--without the noise of lower levels. It's a perspective both owners and guests consistently prefer.

Now, here's where the opportunity becomes truly compelling: this condo is priced $75,000 below market value, giving you the rare chance to create a fully customized beachfront retreat tailored to your exact taste. Instead of settling for someone else's design choices, you can transform this already exceptional space into a modern coastal showpiece--while instantly building equity.

Watercrest is widely regarded as one of the premier Gulf-front communities on Panama City Beach, and inventory in this building--especially in this stack and layout--is extremely limited.

Whether you're seeking a luxury personal escape, a high-demand rental investment, or both, this property delivers location, layout, views, and upside in one compelling package.

Opportunities like this don't wait--and neither should you. Secure your place on the beach and turn this exceptional value into your own one-of-a-kind coastal masterpiece!

6201 Thomas Drive 1607

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'CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS
Welcome to Sunrise Beach Resort Unit 1101, a spacious 3-bedroom, 3-bath GULF-FRONT CORNER condo offering the perfect combination of a memorable family retreat, second home, and investment opportunity in the heart of Panama City Beach!

Located on the 11th floor, this larger floor plan comfortably sleeps up to 11 guests, making it especially appealing for extended families, multiple families traveling together, or vacationers looking for more space than the typical beach condo. From the moment you step inside, the Gulf takes center stage. The corner location provides additional windows, abundant natural light, and incredible Gulf views, while the expansive wraparound balcony creates an amazing outdoor living space for morning coffee, sunsets, and enjoying the emerald-green waters and sugar-white sand.

The Gulf-front primary suite offers direct balcony access and a private bath with double vanities, garden tub, and separate shower. Two additional bedrooms and two additional full bathrooms provide plenty of room and privacy for family and guests. The open living and dining areas flow into the kitchen featuring granite countertops, stainless appliances, and a breakfast bar. In-unit laundry adds convenience for both owners and vacation guests.

For buyers looking for a property they can enjoy personally while also generating rental income, #1101 offers an established rental history. The condo has generated approximately $60,000 in gross annual rental revenue during stronger historical rental periods, with more recent years closer to the mid-$40,000 range. This provides buyers with an opportunity to enjoy the property as a second home while potentially offsetting ownership expenses when they're away. With a 2021 HVAC and new water heater.

Don't have the time or desire to manage a vacation rental yourself? An established rental management company located within the complex provides owners with a convenient option for professional management, including reservations, guest communication, and day-to-day rental operations.

Sunrise Beach Resort offers an impressive amenity package including TWO Gulf-front swimming pools, hot tubs, a children's splash area, Gulf-front fitness center, BBQ grills, community spaces, and DIRECT BEACH ACCESS. Another standout feature is the covered parking garage located on the Gulf side of Front Beach Road--no pedestrian bridge to cross with luggage, groceries, or beach gear. Owners and guests also enjoy UNLIMITED PARKING, a valuable convenience for a larger 3-bedroom unit accommodating extended families and groups.

The location is ideal for both personal use and rental guests, with Pier Park, shopping, restaurants, entertainment, fishing, water sports, and family attractions just minutes away. Northwest Florida Beaches International Airport (ECP) is approximately 14 miles away, making this an easy-to-reach second-home destination for owners and guests flying into the area.

Whether you're searching for an income-producing Gulf-front property, a spacious second home where the entire extended family can gather, or a combination of both, Sunrise Beach #1101 offers the space, views, location, and flexibility that make Panama City Beach ownership so appealing.

Imagine having a place where the whole family can come together, wake up to the Gulf, spend the day on the beach, and end the evening watching the sunset from your 11th-floor wraparound balcony--while having the opportunity to generate rental income when you're not using it.

Rental figures are historical and are not a guarantee of future performance. Buyers should independently verify rental income, management terms and HOA information.
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1,577 Sq.Ft.

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MLS#: 794724

New on site today
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The main primary suite offers a spacious retreat with an extra-large walk-in closet and sliding glass doors opening directly to the large patio and pool. Step outside with your morning coffee or enjoy an easy transition from a quiet evening indoors to your private backyard escape.
Outdoor living takes center stage with an impressive 20' x 40' pool featuring a rare 9-foot depth, a brand-new liner, and a high-efficiency variable-speed pump. An outdoor shower adds convenience, while the expansive patio provides plenty of space for  summer barbecues, entertaining, and enjoying Florida sunsets. A privacy fence encloses the entire yard, with gates offering added security and convenient access for moving equipment and recreational gear. A private well supplies water for the yard and pool, helping keep outdoor watering costs low.
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Bring your vision, your contractor, and your imagination. Build your dream home or renovate and restore! Enjoy alley access on this waterfront homesite where a mother-in-law suite or an income producing unit is highly desired. Build a garage for all the tools, projects and cars. Fix it, flip it or demo it. The choice is yours! 

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3,913 Sq.Ft.

$640,000

MLS#: 788536

New on site 2 days ago
Discover an incredible WATERFRONT opportunity in the Cove on Massalina Bayou! This home is full of original character and ready for its next chapter. Whether that's a loving restoration for the Buyer who thrives on bringing a classic back to life, or a blank canvas to build the waterfront masterpiece you've been dreaming of. Sitting on .49 acres, this homesite is 95' wide by 225' deep and has endless possibilities.

The homesite offers 95' water frontage, .49 acres, alley access and high elevation. This is a setting that's nearly impossible to find in the Cove neighborhood. Enjoy the best of Cove living with walkable access to the neighborhood's waterfront parks, oak-tree lined streets and tight-knit community, plus just minutes to downtown Panama City's restaurants, marina, and events. Launch the boat, cruise on the golf cart to dinner, and watch sunsets from your yard. 

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This property is being sold as-is. The house and dock are in need of repair/demolition. Buyer to verify all details.
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4 Beds

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3 Beds

2 Baths

2,260 Sq.Ft.

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Excellent investment opportunity to own a fully occupied triplex generating immediate rental income. Each of the three units offers approximately 1,300 square feet and features 3 bedrooms and 2 full bathrooms.

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726 Detroit Avenue

9 Beds

6 Baths

3,891 Sq.Ft.

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#1014635

Panama City

3026 Malone Drive

3 Beds

3 Baths

2,341 Sq.Ft.

$675,000

MLS#: 1014635

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