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$188,500
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Property Description
Welcome to your perfect beach retreat or full-time residence! This spacious and affordably priced condo is located less than five minutes from the beautiful white sand beaches of Panama City. Recently updated with $16,000 in upgrades, it offers modern comfort in a peaceful, gated community. Ideal for those seeking a quiet living environment, the property is short-term rental restricted, ensuring a tranquil and neighborly atmosphere.The community features a wide range of family-friendly amenities, including a pool, fitness room, picnic area, and clubhouse--all designed for your enjoyment and convenience. Plus, the HOA fees are among the lowest you'll find anywhere in Florida, making this an incredible value. Whether you're looking for a second home near the coast or a primary residence- just minutes from the beach, this condo offers the best of both worlds. It's vacant, easy to show, and ready for its next owner. All details and dimensions should be verified by the buyer.
Full Property Details
Full Property Details for 1607 Cape Cod Dr #1607
General
- Sold For: $188,500
- Status: Closed
- Type: Condo /Townhouse
- Source: Emerald_Coast
- MLS ID: 975936
- Added to Site: 252 day(s) ago
Interior
- Rooms/Areas: Bedroom, Kitchen, Living Room, Master Bedroom
- Interior Features: Ceiling Vaulted, Floor Tile, Floor WW Carpet New, Washer/Dryer Hookup
- Appliances: Cooktop, Dishwasher, Disposal, Freezer, Microwave, Refrigerator, Smoke Detector, Stove/Oven Electric, Washer
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Living Room: Living Room
- Kitchen: Kitchen
Additional Information
- Shared Amenities: Community Room, Exercise Room, Gated Community, No Rental, Pets Allowed, Picnic Area, Pool
- Pool: Yes
Location
- Area: 27 - Bay County
- County: Bay
- Subdivision: Nautilus Cove Condo
- Driving Directions: 1607 Cape Cod Drive Panama City Beach, FL 32407
School Information
- Elementary School: Hutchinson Beach
- Middle School: Surfside
- High School: Arnold
Heating & Cooling
- Heating/Cooling: AC - Central Elect, Ceiling Fans, Heat Cntrl Electric, Water Heater - Elect
Utilities
- Utility Description: Electric, Phone, Public Sewer, TV Cable
Structural Information
- Construction: Other N/A, Stone
- Stories/Levels: 0
- Square Feet: 1,225
- Sq. Ft. Source: County PA Records
- Year Built: 2006
Financial Considerations
- Assessment Amount: $1,410
- Assmt Payment Freq: Quarterly
- Terms: Conventional, FHA, VA
Disclosures and Reports
- Legal Description: NAUTILUS COVE CONDO PHASE 9 UNIT 1607 ORB 2832 P 523 2ND FLOOR 3BR/2BA ORB 4319 P 1273 1225 SQ.FT.
- Assessment: Yes
- APN: 40000-100-120
Listed by The Ketchersid Group LLC
Sold by Non Member Comp Purposes
Get Pre-Approved Today
Schools
Schools serving 1607 Cape Cod Dr #1607
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Hutchison Beach Elementary School 12900 Middle Beach Rd, Panama City, FL 32407 | K-5 | 1 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 | 2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1607 Cape Cod Dr #1607
Date
Details
Price
Change
Source
8/01/2025
Sold
$188,500
-3.28%
MLS
7/04/2025
Price Reduced
$194,900
-2.5%
MLS
5/29/2025
Price Increased
$199,900
0.45%
MLS
5/28/2025
Price Reduced
$199,000
-7.4%
MLS
5/09/2025
Listed
$214,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1607 Cape Cod Dr. #1607, Panama City Beach, FL 32407 (MLS# 975936) is a Condo / Townhouse property that was sold at $188,500 on August 01, 2025. Want to learn more about 1607 Cape Cod Dr. #1607? Do you have questions about finding other Condo / Townhouse 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.

