This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/30
$235,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/30
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!
Full Property Details
Full Property Details for 601 Cape Cod Dr #NA
General
- Price: $235,000
- Status: Active
- Type: Condo
- Source: Emerald_Coast
- MLS ID: 993611
- Updated: 8/5/2026
- Added to Site: 215 day(s) ago
Rental Information
- Complex Features: Short Term Rental - Allowed, BBQ Pit/Grill, Dumpster, Gated Community, Playground, Pool
Interior
- Number of Rooms: 5
- Interior Features: Breakfast Bar, Owner's Closet, Pantry
- Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove/Oven Electric, Washer, Water Heater - Elect
- Furnishings: Furnished - All
- Flooring: Floor Tile, Floor Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Additional Information
- Pool: Yes
- Pool Description: Pool Type
Location
- Area: 27 - Bay County
- County: Bay
- Subdivision: NAUTILUS COVE CONDO
- Driving Directions: Travel west on Highway 98. Nautilus Cove is on the right side of the Highway just after the golf course.
School Information
- Elementary School: Hutchinson Beach
- Middle School: Surfside
- High School: Arnold
Community
- Association: Yes
- Assoc. Fees Include: Accounting, Ground Keeping, Management, Recreational Faclty, Sewer, Trash
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Ceiling Fans, Central Air
- Heating Type: Central
- Heating/Cooling: Central, Ceiling Fans, Central Air
Utilities
- Sewer: Public Sewer
- Utility Description: Electric, Public Water
Structural Information
- Construction: Stucco
- Exterior Const.: Stucco
- Square Feet: 1,195
- Sq. Ft. Source: County PA Records
- Year Built: 2006
Financial Considerations
- Assessment Amount: $1,508
Disclosures and Reports
- Legal Description: NAUTILUS COVE CONDO PHASE 5 UNIT 601 ORB 2832 P 523 1ST FLOOR 3BR/2BA ORB 4434 P 1565 1195 SQ.FT.
- APN: 40000-100-058
- Property ID: 40000-100-058
Listed by EXP Realty LLC
Get Pre-Approved Today
Schools
Schools serving 601 Cape Cod Dr #NA
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 | 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 601 Cape Cod Dr #NA
Date
Details
Price
Change
Source
6/17/2026
Price Reduced
$235,000
-1.67%
MLS
5/30/2026
Price Reduced
$239,000
-1.44%
MLS
4/28/2026
Price Reduced
$242,500
-3%
MLS
1/23/2026
Listed
$250,000
-7.41%
MLS
1/31/2024
Sold
$270,000
—
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 601 Cape Cod Dr #NA
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,180
-18%
$199,750
-2%
2024
$2,670
7%
$204,000
-8%
2023
$2,503
34%
$221,000
44%
2022
$1,862
18%
$153,000
26%
2021
$1,580
8%
$121,550
13%
2019
$1,460
12%
$107,525
10%
2018
$1,306
28%
$97,750
15%
2017
$1,021
—
$85,000
-1%
2016
$1,017
-1%
$86,040
2%
2015
$1,026
8%
$84,150
8%
2014
$951
10%
$77,950
—
2013
$864
—
$77,950
—
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 601 Cape Cod Dr #NA
601 Cape Cod Drive #NA, Panama City Beach, FL 32407 (MLS# 993611) is a Condo property with 3 bedrooms and 2 full bathrooms. 601 Cape Cod Drive #NA is currently listed for $235,000 and was received on January 23, 2026. Want to learn more about 601 Cape Cod Drive #NA? 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.

