Seller is offering $15, 000 allowance and financing to beat a current bank rate. Welcome to your slice of paradise at Watercrest Condominiums in Panama City Beach! This beautifully remodeled beachfront condo offers breathtaking Gulf views and a spacious open floorplan designed for comfort and entertaining. Whether you're searching for a personal coastal retreat or a proven rental income opportunity, this fully turnkey unit checks all the boxes. Enjoy updated finishes throughout, a modern kitchen, and expansive balconies that bring the beauty of the beach right into your living space. Watercrest is a highly desirable, amenity-rich resort offering gulf front pool, tennis courts, game room, community room, racquet ball court and on site security. Don't miss this chance to own in one of PCB's most established beachfront communities--perfect for full-time living, a vacation getaway, or a high-performing investment.Professional photos and video coming 6/13/25
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Primary Bathroom Dimensions: 16 x 13
- Primary Bathroom Level: First
Other Rooms
- Bedroom, LivingRoom, PrimaryBathroom
- Bedroom: 15 x 13
- Bedroom Level: First
- Living Room Dimensions: 24 x 15
- Living Room Level: First
Pool and Spa
- Pool Features: Community, Pool
Waterfront and Water Access
Homeowners Association
- Association: Yes
- Association Amenities: GameRoom
- Association Fee: 3123
- Association Fee Frequency: Quarterly
- Association Fee Includes: Clubhouse, CableTv, Insurance, Internet, LegalAccounting, MaintenanceGrounds, MaintenanceStructure, Pools, Sewer, Security, TennisCourts, Trash
- Calculated Total Monthly Association Fees: 1041
School Information
- Elementary School: Patronis
- High School: Arnold
- Middle School: Surfside
Amenities and Community Features
- Community Features: ShortTermRentalAllowed, Pool
Other Property Info
- Annual Tax Amount: 5030
- Source Listing Status: Active
- County: Bay
- Directions: From Hwy 98 turn south onto Thomas Drive, Watercrest will be on your left.
- 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: 30585-296-000
- Postal City: Panama City
- Subdivision: Watercrest Condo
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 1379
- Year Built: 1987
- Entry Level: 10
- Living Area Source: Appraiser
- Property Age: 38
- House Style: HighRise
- Architectural Style: HighRise
Utilities
- CableAvailable
- CableConnected