Experience the ultimate in coastal luxury with this fully renovated Gulf-front 3-bedroom, 3-bathroom condo at the highly sought-after Watercrest Condominiums on the east end of Panama City Beach, Florida. Whether you're seeking a high-performing short-term rental investment, a primary residence, or a vacation retreat, this property delivers the perfect blend of comfort, style, and location. Property Highlights: 3 Bedrooms | 3 Bathrooms | Sleeps 14 2 Masters bedrooms on the Gulf Second-floor unit offering breathtaking Gulf views from the spacious private balcony Total renovation with luxury vinyl plank (LVP) flooring throughout Designer bathrooms featuring custom tile showers, with one bathroom including a tub/shower combo Custom-built bunk beds in the third bedroom designed for adult and child comfort Open-concept living and dining area with modern finishes and coastal-inspired decor Amenities Enjoy resort-style living with access to exceptional amenities, including: Heated beachfront pool and hot tub Tennis and pickleball courts 24-hour onsite security for peace of mind Private beach access just steps from your door Location:Perfectly positioned on the east end of Panama City Beach, Watercrest offers walking distance to local restaurants, beach bars, and family-friendly activities. Whether you're exploring nearby St. Andrews State Park, enjoying a sunset dinner, or simply relaxing on your balcony, this condo offers the ideal coastal lifestyle. Investment Potential: With its prime beachfront location, luxury upgrades, and high sleeping capacity, this condo is a turnkey short-term rental machine ready to generate strong rental income from day one. Discover your piece of paradise at Watercrest - where luxury, location, and lifestyle meet.
Property Features
Bedrooms
- Bedrooms: 3
- Primary Bedroom Dimensions: 13' x 13'
- 2nd Primary Bedroom Dimensions: 13' x 13'
- Bedroom 1 Dimensions: 13' x 12'
- Bedroom 2 Dimensions: 13' x 12'
- Primary Bedroom Level: First
- 2nd Primary Bedroom Level: First
- Bedroom 1 Level: First
- Bedroom 2 Level: First
- Primary Bedroom Description: Master 2
- 2nd Primary Bedroom Description: Master 1
- Bedroom 1 Description: Bedroom 3
- Bedroom 2 Description: Bedroom 3
Other Rooms
- Total Rooms: 4
- Other Dimensions: 13' x 12'
- Other Level: First
- Other Description: Balcony
- Other Features: Balcony
- PrimaryBedroom Dimensions: 13' x 13'
- PrimaryBedroom Level: First
- PrimaryBedroom Description: Master 2
- PrimaryBedroom Description: Master 1
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Appliances
- ElectricCooktop
- ElectricOven
- ElectricWaterHeater
Heating and Cooling
- Cooling Features: CentralAir, CeilingFans
- Heating Features: Central, Electric
- Heating: Yes
- Ceiling Fans: Yes
Interior Features
- Door Features: StormDoors
- Flooring: LuxuryVinylPlank
- Window Features: StormWindows, TintedWindows
Pool and Spa
- Pool Features: Fenced, ElectricHeat, InGround, Community
- Spa Features: Community
Waterfront and Water Access
Manufactured and Mobile Info
Exterior and Lot Features
- Other Structures: TennisCourts
- Patio And Porch Features: Balcony
- Road Frontage Type: CityStreet
- Road Responsibility: PublicMaintainedRoad
Land Info
- Lot Description: SprinklerSystem, Paved
- Lot Size Dimensions: 0x0
Garage and Parking
- Parking Features: AdditionalParking, Paved, ParkingLot
Home Features
- View: Gulf
- Security Features: FireSprinklerSystem, TwentyFourHourSecurity, SecurityGuard, FireAlarm, SmokeDetectors, SecurityService
Homeowners Association
- Association: Yes
- Association Amenities: BeachRights
School Information
- Elementary School: Patronis
- High School: Arnold
- Middle School: Surfside
Multi-Unit Info
Rental Info
- Units Furnished: AllUnits
Amenities and Community Features
- Community Features: Barbecue, Beach, Clubhouse, ConferenceMeetingRoom, Elevator, FitnessCenter, Pool, TennisCourts, Waterfront, ShortTermRentalAllowed
Other Property Info
- Annual Tax Amount: 5718
- Source Listing Status: Active
- County: Bay
- Directions: From the Hathaway bridge travel south on Navy Drive, go past the curve where Newby's is at and continue on for about a mile. Watercrest will be on your left. Look for the big green ''W'' on the front of the building
- Tax Year: 2024
- Restrictions: ShortTermRentalsAllowed
- 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: 30585-217-000
- Postal City: Panama City
- State Region: FL
- Subdivision: Watercrest Condo
- Zoning Description: City, Resid Multi-Family
- Property Subtype: Condominium
Building and Construction
- Year Built: 1987
- Building Area Total: 1441
- Building Features: Dumpster
- Living Area Source: Appraiser
- Property Age: 38
- Levels or Stories: 18
- Architectural Style: HighRise
Utilities
- Sewer: PublicSewer
- CableConnected
- ElectricityAvailable