601 Cape Cod DR, Panama City Beach, FL 32407
601 Cape Cod DR, Panama City Beach, FL 32407
601 Cape Cod DR, Panama City Beach, FL 32407
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$235,000
Est. payment /mo
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3 Beds
2 Baths
1,195 SqFt
Price Dropped by $4K

601 Cape Cod DR Panama City Beach, FL 32407

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Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 1,195 sqft

Price per Sqft $196

Subdivision Nautilus Cove Condo

MLS Listing ID 784103

Style Low Rise

Bedrooms 3

Full Baths 2

HOA Fees $1,508/qua

HOA Y/N Yes

Year Built 2006

Annual Tax Amount $2,609

Tax Year 2025

Property Sub-Type Condominium

Property Description

MOTIVATED SELLER! Seller offering $5,000 toward buyer's closing costs! ACTIVE SHORT-TERM RENTAL GROSSING OVER $36,000 LAST YEAR and over $30,000 to date for 2026. Don't miss this incredible opportunity to own a turnkey, fully furnished income-producing property just minutes from the sugar-white sands of Panama City Beach.

This 3-bedroom, 2-bath condo in the gated Nautilus Cove community is the perfect beach getaway, short-term rental investment, or mid- to long-term rental opportunity. With its spacious layout, unbeatable location, and low-maintenance lifestyle, this property offers multiple ways to generate income while enjoying everything the Emerald Coast has to offer.

Sold fully furnished and rental-ready, this desirable first-floor unit is ready to start producing income from day one. Inside, you'll find a bright, open floor plan featuring stainless steel appliances, granite countertops, updated bathroom vanities, and durable flooring throughout--designed for easy maintenance and guest appeal. The spacious bedrooms provide comfortable accommodations for vacationers, snowbirds, or long-term tenants.

Residents and guests enjoy resort-style amenities including a gated entrance, beautiful swimming pool, fitness center, and playground. Conveniently located near Panama City Beach's world-famous beaches, Pier Park, restaurants, shopping, and entertainment, this location continues to attract visitors year-round.

Whether you're looking to expand your investment portfolio, purchase a vacation retreat that pays for itself, or secure a property with excellent short-, mid-, and long-term rental flexibility, this condo is a standout opportunity.

Motivated seller, closing cost assistance, proven rental history, and fully turnkey--schedule your showing today before this opportunity is gone!

Location

State FL

County Bay

Community Barbecue, Playground, Pool, Community Pool, Gated, Short Term Rental Allowed

Area 03 - Bay County - Beach

Interior

Interior Features Main Level Primary, Tub Shower

Heating Central, Electric

Cooling Central Air, Ceiling Fan(s)

Fireplace No

Appliance Electric Cooktop, Electric Oven, Electric Water Heater

Exterior

Parking Features Paved

Pool Community

Community Features Barbecue, Playground, Pool, Community Pool, Gated, Short Term Rental Allowed

Utilities Available Electricity Available

Amenities Available Gated

Roof Type Composition,Shingle

Private Pool No

Building

Lot Description Paved

Sewer Public Sewer

Architectural Style Low Rise

New Construction No

Schools

Elementary Schools Hutchison Beach

Middle Schools Surfside

High Schools Arnold

Others

HOA Fee Include Association Management,Fitness Facility,Insurance,Legal/Accounting,Maintenance Grounds,Playground,Pool(s),Sewer,Trash,Water

Restrictions Short Term Rentals Allowed

Tax ID 40000-100-058

Security Features Gated Community

Special Listing Condition Listed As-Is


Listed by EXP Realty LLC

NEARBY SCHOOL & BUSINESS

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601 Cape Cod DR