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$299,000
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Property Description
Rare opportunity to own a spacious 4-bedroom, 3-bath condo in the highly desirable Nautilus Cove community, located just one mile from the sugar-white sands and emerald waters of the Gulf. This coveted first-floor unit is one of only a select few within the community that allows short-term rentals, making it an exceptional investment opportunity, second home, or full-time residence. Estimated rental projections range from $66,000 to $86,000 annually. The thoughtfully designed floor plan offers plenty of space for family and guests, while residents enjoy gated access and resort-style amenities, including a community pool, fitness center, clubhouse, and playground. Conveniently located near shopping, dining, entertainment, and Panama City Beach attractions, this property offers the perfect blend of coastal living, convenience, and income potential. If measurements deemed important, please verify.
Full Property Details
Full Property Details for 101 Cape Cod Dr
General
- Price: $299,000
- Taxes: (2025)
- Status: Active
- Type: Condo
- Source: Bay_County
- MLS ID: 791961
- Updated: 6/27/2026
- Added to Site: 14 day(s) ago
Interior
- Number of Rooms: 4
- Interior Features: Main Level Primary
- Appliances: Electric Cooktop
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Additional Information
- Shared Amenities: Gated
- Pool: Yes
- Pool Description: Community
Location
- County: Bay
- Subdivision: Nautilus Cove Condo
- Driving Directions: Located at PCB Pkwy and Nautilus Street.
School Information
- Elementary School: Breakfast Point
- Middle School: Breakfast Point
- High School: Arnold
Community
- Community Name: 03 - Bay County - Beach
- Association: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
Structural Information
- Architectural Style: Low Rise
- Construction: HardiPlank Type
- Sq. Ft. Source: Appraiser
- Year Built: 2006
Lot Features
- Lot Dimensions: 0 x 0
Financial Considerations
- Tax Year: 2025
Disclosures and Reports
- Legal Description: NAUTILUS COVE CONDO PHASE 1 UNIT 101 ORB 2971 P 1413 1ST FLOOR 4BR/3BA ORB 4368 P 396 1400 SQ.FT.
- Property ID: 40000-100-001
Listed by Think Real Estate
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Schools
Schools serving 101 Cape Cod Dr
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Hutchison Beach Elementary School 12900 Middle Beach Rd, Panama City, FL 32407 | K-5 | 0.9 mi |
Surfside Middle School 300 Nautilus Street, Panama City Beach, FL 32413 | 6-8 | 0.4 mi |
J.R. Arnold High School 550 North Alf Coleman Road, Panama City Beach, FL 32407 | 9-12 | 1.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 101 Cape Cod Dr
Date
Details
Price
Change
Source
6/27/2026
Listed
$299,000
57.37%
MLS
2/12/2021
Sold
$190,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 101 Cape Cod Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,791
—
$220,614
-2%
2024
$2,791
3%
$225,250
-7%
2023
$2,715
54%
$242,250
76%
2021
$1,764
-12%
$137,700
-17%
2022
$2,012
14%
$165,750
26%
2021
$1,764
8%
$131,750
4%
2019
$1,626
5%
$126,650
10%
2018
$1,547
24%
$115,390
10%
2017
$1,245
2%
$104,900
—
2016
$1,217
8%
$104,900
14%
2015
$1,123
1%
$92,400
1%
2014
$1,110
96%
$91,375
9%
2013
$565
—
$84,150
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 101 Cape Cod Dr
101 Cape Cod Drive, Panama City Beach, FL 32407 (MLS# 791961) is a Condo property with 4 bedrooms and 3 full bathrooms. 101 Cape Cod Drive is currently listed for $299,000 and was received on June 27, 2026. Want to learn more about 101 Cape Cod Drive? Do you have questions about finding other Condo real estate for sale in Panama City Beach? You can browse all Panama City Beach real estate or contact a Coldwell Banker agent to request more information.

