Discover an exceptional investment opportunity at one of the beach's most well-managed resorts, with solid budget and reserves. Elevate your coastal lifestyle at the luxurious Watercrest resort, where stunning sunsets and exceptional convenience are just steps from the elevator. It's prime location on the desirable 4th floor, directly across from the elevator, ensures effortless accessibility.Imagine stepping off the elevator and into your personal oasis, a front-row seat to the mesmerizing Gulf of America. This turn key residence offers a spacious two-bedroom layout with two beautifully remodeled bathrooms. The modern kitchen features quartz countertops and newer black stainless steel appliances, creating a stylish and functional space.Owners generously invested in this beach getaway's recent upgrades, including a newer AC, windows, sliding doors, kitchen, bathrooms, and entry door. Whether you seek a second home or a high-income rental property, this condo can generate nearly $60, 000 annually.
Property Features
Bedrooms
- Bedrooms: 2
- Primary Bedroom Dimensions: 16 x 13
- Primary Bedroom Level: First
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Appliances
- WasherDryerStacked
- Dishwasher
- ElectricRange
- Disposal
- Microwave
- Refrigerator
- Laundry Features: Stacked
Other Rooms
- Bedroom, Kitchen, LivingRoom, PrimaryBedroom
- Bedroom: 15 x 13
- Bedroom Level: First
- Living Room Dimensions: 24 x 15
- Living Room Level: First
Heating and Cooling
- Cooling Features: CentralAir, CeilingFans, Electric
- Heating Features: Central, Electric
- Heating: Yes
Kitchen and Dining
- Kitchen Dimensions: 11 x 10
- Kitchen Level: Second
Exterior and Lot Features
- Balcony
- Patio And Porch Features: Balcony
Pool and Spa
Waterfront and Water Access
Land Info
Homeowners Association
- Association: Yes
- Association Amenities: BeachRights, GameRoom
- Association Fee: 3243
- Association Fee Frequency: Quarterly
- Association Fee Includes: AssociationManagement, Clubhouse, CableTv, Insurance, LegalAccounting, MaintenanceGrounds, MaintenanceStructure, PestControl, Pools, Security, TennisCourts, Trash
- Calculated Total Monthly Association Fees: 1081
School Information
- Elementary School: Patronis
- High School: Arnold
- Middle School: Surfside
Amenities and Community Features
- Community Features: Beach, Clubhouse, Elevator, FitnessCenter, GameRoom, Pool, ShortTermRentalAllowed, TennisCourts
Other Property Info
- Annual Tax Amount: 5207
- Source Listing Status: Active
- County: Bay
- Directions: THOMAS DRIVE TO WATERCREST CONDO 6201 THOMAS DR.
- Tax Year: 2024
- Source Property Type: Residential
- Area: 03 - Bay County - Beach
- Property Subtype: condo
- MLS Area Minor: 0323 - Beach - South of Grand Lagoon
- Source Neighborhood: Watercrest Condo
- Parcel Number: 30585-236-000
- Postal City: Panama City Beach
- Subdivision: Watercrest Condo
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 1379
- Year Built: 1987
- Construction Materials: Concrete, Stucco
- Entry Level: 4
- Living Area Source: Appraiser
- Property Age: 38
- House Style: HighRise
- Architectural Style: HighRise
Utilities