Back 1510/6201 Thomas Drive
Off Market

1510/6201 Thomas Drive

Lower Grand Lagoon FL 32408

2
2
1367 sq. ft.
Condo
Last sold for $670,000
Daniel PeakDaniel Peak, last sold this property on 11 September 2026 after 711 days on market.

Overview

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. Welcome to Watercrest 1510, a stunning beachfront retreat in the heart of Panama City Beach, Florida. Perfectly perched on the 15th floor, this luxurious two-bedroom, two-bath condominium delivers everything you envision when you picture coastal paradise--panoramic ocean views, warm Gulf breezes, and unforgettable sunsets over sugar-white sands! There is a third sleeping area with bunks that is generating additional rental revenue. This property has a proven rental history, making it an outstanding investment and personal escape in one. Guests return year after year for its unbeatable location and sophisticated comfort. Recently refreshed with over $110,000 in renovations, Watercrest 1510 shines with style and attention to detail. Fresh finishes, modern furnishings, and an open-concept design showcase coastal elegance while maintaining easy, livable charm! Step inside and you're immediately greeted by breathtaking, floor-to-ceiling views of the Gulf of Mexico. The light-filled living area opens directly to a wraparound balcony--a signature feature of this unit--offering nearly endless horizons and sea breezes from sunrise to sunset. There's space for morning coffee, leisurely lunches, or sunset cocktails as the sky transforms into shades of gold and coral. A second private balcony extends the outdoor living space, giving you multiple vantage points to take in the view and overlooking the tennis courts! Inside, the kitchen features upgraded appliances, sleek countertops, and new cabinetry--designed for both beauty and functionality. The bedrooms are tranquil retreats, the master suite featuring direct balcony access and an oceanfront panorama that makes waking up feel extraordinary. Every corner has been curated for relaxation, from the luxurious bathrooms to the thoughtful coastal décor! Watercrest is one of Panama City Beach's most desirable resorts, known for its prime beachfront location and array of amenities. Enjoy a large beachfront pool, hot tub, kiddie pool, fitness center, tennis courts, and direct access to the soft sands of the Gulf coast. The building is well-maintained and conveniently situated near top local attractions, dining, and entertainment--everything you or your guests could want within minutes! Whether you're seeking an income-producing investment or a private oceanfront getaway, Watercrest 1510 delivers the best of both worlds: modern comfort, timeless views, and the ultimate Panama City Beach lifestyle. With turnkey upgrades, a strong rental record, and a setting built for memory-making, this is your chance to own a piece of Gulf Coast perfection! Watercrest 1510--where every sunset feels like it was meant just for you!

Features

2 bedrooms
2 bathrooms
1367 sq. ft. floor area
Condo

Estimated Value

Based on this property and similar 2 bedroom condos sold in Lower Grand Lagoon over the last 12 months, the estimated median property value of 1510/6201 Thomas Drive is $430k.

Median value
$430k
Estimated value range
$135k - $1.05m
Median days on market
81
Estimated value trend
8%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Lower Grand Lagoon. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1510/6201 Thomas Drive

2026
Sold
$670,000
11 Sep 2026 by Daniel Peak, of Realty Mark Associates
2021
Sold
$450,000
25 Jun 2021 by Kristina Walton, of Keller Williams Realty Emerald Coast

Happy sellers in Lower Grand Lagoon

91%
91% of sellers in Lower Grand Lagoon reported that their sale price either exceeded or met their price expectations.

Lower Grand Lagoon stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 33 reviews in Lower Grand Lagoon over the last 12 months.

Local market activity for 2 bedroom condos in Lower Grand Lagoon

In the last 12 months, 208 two-bedroom condos similar to 1510/6201 Thomas Drive, have been sold.

This represents a 12% decrease in two-bedroom condos sales when compared to the previous 12 months.

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