Date
Details
Price
Change
Source
3/05/2026
Listed
$229,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/21
$229,900
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1/21
Property Description
One of the best values for a 3-bedroom condo in Panama City Beach, this well-located 3BR/2BA second-floor residence in the gated community of Nautilus Cove offers strong appeal for both homeowners and investors. The property is currently leased with a tenant in place through June 30, 2026, providing immediate income and stability for an investment portfolio. Overlooking the resort-style pool, 212 Cape Cod Drive features a bright split-bedroom layout with a spacious living area and a well-appointed kitchen complete with granite countertops, wood cabinetry, stainless steel appliances, and a dedicated laundry room. Nautilus Cove provides desirable amenities including a clubhouse, fitness center, and playground, all within a central PCB location. Enjoy being just 5 minutes to Runaway Island and nearby beach access, 7 minutes to Pier Park, and right around the corner from Legacy Golf Club. ECP Airport is an easy 20-minute drive. With its prime location, community amenities, and rare 3-bedroom floor plan, this condo presents an excellent opportunity for long-term rental income, a low-maintenance second home, or a smart addition to an investment portfolio - while still offering exceptional value in today's market.
Full Property Details
Full Property Details for 212 Cape Cod Dr
General
- Price: $229,900
- Taxes: $2,401 (2025)
- Status: Active
- Type: Condo
- Source: Bay_County
- MLS ID: 786375
- Updated: 3/5/2026
- Added to Site: 29 day(s) ago
Interior
- Number of Rooms: 3
- Appliances: Electric Range, Electric Water Heater
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Additional Information
- Shared Amenities: Gated, Picnic Area
- Pool: Yes
- Pool Description: In Ground, Community
- Security/Safety: Gated Community
Parking
- Parking Features: Additional Parking
Location
- County: Bay
- Subdivision: Nautilus Cove Condo
- Driving Directions: From Hathaway Bridge heading West on Back Beach Rd (Hwy 98), Pass Clara Ave intersection, Nautilus Cove Condo is on the Right. Enter gate and take a left, condo is on the right.
School Information
- Elementary School: Hutchison Beach
- Middle School: Surfside
- High School: Arnold
Community
- Community Name: 03 - Bay County - Beach
- Association: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Utility Description: Electricity Available, High Speed Internet Available
Structural Information
- Architectural Style: Low Rise
- Sq. Ft. Source: Appraiser
- Year Built: 2006
- Other Struct. Feat.: Dumpster
Lot Features
- Lot Dimensions: 0 x 0
- Lot Features: Paved
- Land Lease Avail: Yes
- Zoning: Resid Multi-Family
Financial Considerations
- Tax Amount: $2,401
- Tax Year: 2025
Disclosures and Reports
- Legal Description: NAUTILUS COVE CONDO PHASE 3 UNIT 212 ORB 2959 P 1449 2ND FLOOR 3BR/2BA . 1225 SQ.FT.
- Property ID: 40000-100-021
Listed by CENTURY 21 Ryan Realty Inc
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Listing agent
— 212 Cape Cod Dr —
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Schools
Schools serving 212 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 212 Cape Cod Dr
Tax History
Tax History for 212 Cape Cod Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,994
-16%
$182,750
-2%
2024
$2,373
-2%
$187,000
-17%
2023
$2,429
47%
$225,250
71%
2021
$1,652
-8%
$131,750
-14%
2022
$1,801
9%
$153,000
29%
2021
$1,652
20%
$119,000
15%
2019
$1,377
8%
$103,150
10%
2018
$1,271
15%
$93,773
-4%
2017
$1,103
12%
$97,750
11%
2016
$986
3%
$87,763
25%
2015
$956
7%
$70,453
10%
2014
$895
37%
$64,048
10%
2013
$653
—
$58,225
—
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 212 Cape Cod Dr
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212 Cape Cod Drive, Panama City Beach, FL 32407 (MLS# 786375) is a Condo property with 3 bedrooms and 2 full bathrooms. 212 Cape Cod Drive is currently listed for $229,900 and was received on March 06, 2026. Want to learn more about 212 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.