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$249,000
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Property Description
Coastal living meets investment potential at 608 Cape Cod Drive in Panama City Beach! This 3-bedroom, 2-bath residence offers the perfect combination of comfort, convenience, and flexibility. Inside, you'll find an inviting open concept layout that seamlessly connects the kitchen, dining, and living areas, creating an ideal space for relaxing after a day at the beach or entertaining family and friends. Located within the gated Nautilus Cove community, residents enjoy access to a resort style pool, fitness center, playground, picnic areas, and beautifully maintained grounds. Just minutes from the sugar white sands of the Gulf, Pier Park, shopping, dining, and entertainment, you'll love having everything Panama City Beach has to offer right at your fingertips! What truly sets this property apart is its rare short term rental approval, making it an exceptional opportunity for investors seeking income potential, second home buyers looking for a beach retreat, or full-time residents wanting an affordable coastal lifestyle.
Full Property Details
Full Property Details for 608 Cape Cod Dr
General
- Price: $249,000
- Taxes: $2,609 (2025)
- Status: Active
- Type: Condo
- Source: Bay_County
- MLS ID: 791228
- Updated: 6/12/2026
- Added to Site: 28 day(s) ago
Interior
- Number of Rooms: 3
- Interior Features: Main Level Primary, Tub Shower, Walk-In Closet(s)
- Appliances: Electric Range, Electric Water Heater
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Additional Information
- Shared Amenities: Gated
- Pool: Yes
- Pool Description: Gunite, In Ground, Community
- Security/Safety: Gated Community
Parking
- Parking Features: Paved
Location
- County: Bay
- Subdivision: Nautilus Cove Condo
- Driving Directions: Traveling West on US 98, take a right into Nautilus Cove just past Destiny Worship Center. Take a left upon entering the complex and follow around for approximately 0.2 miles. Unit is located on the back side of building 6..
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
Structural Information
- Architectural Style: Low Rise
- Construction: HardiPlank Type, Wood Frame
- Roof: Shingle
- Sq. Ft. Source: Appraiser
- Year Built: 2006
- Other Struct. Feat.: Dumpster
Lot Features
- Lot Dimensions: 0 x 0
- Lot Features: Paved
Financial Considerations
- Tax Amount: $2,609
- Tax Year: 2025
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: NAUTILUS COVE CONDO PHASE 5 UNIT 608 ORB 2832 P 523 1ST FLOOR 3BR/2BA ORB 4553 P 510 1195 SQ.FT.
- Property ID: 40000-100-065
Listed by Think Real Estate
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Schools
Schools serving 608 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 | 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 ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 608 Cape Cod Dr
Date
Details
Price
Change
Source
6/12/2026
Listed
$249,000
9.45%
MLS
4/19/2022
Sold
$227,500
—
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 608 Cape Cod Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,670
—
$199,750
-2%
2024
$2,670
-5%
$204,000
-8%
2023
$2,800
77%
$221,000
82%
2021
$1,580
-11%
$121,550
-21%
2022
$1,771
17%
$153,000
30%
2019
$1,509
18%
$117,300
25%
2018
$1,284
26%
$93,500
10%
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 608 Cape Cod Dr
608 Cape Cod Drive, Panama City Beach, FL 32407 (MLS# 791228) is a Condo property with 3 bedrooms and 2 full bathrooms. 608 Cape Cod Drive is currently listed for $249,000 and was received on June 12, 2026. Want to learn more about 608 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.

