Watercrest is a Gulf-front condominium located along Thomas Drive in Panama City Beach, Florida. Known for its resort-style amenities and expansive beachfront footprint, Watercrest appeals to buyers seeking full-service coastal living with short-term rental eligibility.
Monthly market updates reviewing pricing trends, sales activity, and inventory conditions across the Panama City Beach condominium market.
Watercrest Condo Updates
Interested in pricing trends, recent sales, or new listings at Watercrest? Text WATERCREST to 850-771-7707 to receive updates when units list, sell, or market conditions change.
This service tracks Watercrest condominium listings and sales only.
Watercrest Condo Tours
Video tours highlighting residence layouts, Gulf views, and shared amenities at Watercrest.
Watercrest Overview
Completed in 1987, Watercrest is an 18-story Gulf-front condominium featuring approximately 174 residential units. The building is recognized for its large beachfront footprint, full-service amenity package, and positioning along the eastern Thomas Drive corridor.
Amenities & Building Features
Watercrest offers a broad amenity profile that supports both full-time ownership and rental-focused use, emphasizing recreation, convenience, and Gulf-front access.
Direct Gulf-Front Beach Access: Positioned directly on the shoreline along Panama City Beach.
Resort-Style Outdoor Pool: Large pool area oriented toward the Gulf with surrounding deck space.
Tennis Courts: On-site courts available for resident use.
Clubhouse & Common Areas: Interior gathering spaces for owners and guests.
Covered & Secure Parking: On-site parking designed for resident and guest convenience.
Residential Details
Year Built: 1987 Stories: 18 Total Units: 174 SHORT TERM RENTALS ALLOWED
Location
Watercrest is located along Thomas Drive in Panama City Beach, Florida, within the eastern beach corridor. Nearby landmarks include St. Andrews State Park and the Thomas Drive commercial district, offering convenient access to dining, retail, and coastal amenities.
This section below reflects The Real Experts Group’s market involvement within this specific area, including represented listings and sales when applicable.
Our Team
Alice De La Penha
Condominium and Residential Specialist | Real Estate Negotiation Expert | Military Relocation Professional
We take great pride in ourselves for being recognized as great communicators by our past clients and peers while maintaining the same high quality of service at any price point. Contact us to start your buying or selling goals.
