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$199,000

  • For Sale
  • Active
  • Condo
  • 3 Beds
  • 2 Full Baths
  • Updated 13 days ago
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Located in Panama City Beach, this 3-bedroom, 2-bath townhouse offers 1,224 square feet of well-planned living space and a convenient coastal lifestyle. The home features remodeled floors and fresh paint, creating a clean, updated interior that is ready for its next owner. Residents will appreciate access to a community pool and the ease of townhouse living in a location close to the beach and the many amenities Panama City Beach is known for. Whether used as a primary residence, second home, or investment property, this home offers a practical layout and a desirable setting near the Gulf Coast. With its manageable size and proximity to beach life, 616 Cape Cod Drive presents an opportunity to own in one of Panama City Beach's most recognizable areas.

Full Property Details for 616 Cape Cod Dr

General

  • Price: $199,000
  • HOA FEE: $503/month
  • HOA FEE FREQ.: Quarterly
  • Taxes: $2,401 (2025)
  • Status: Active
  • Type: Condo
  • Source: Bay_County
  • MLS ID: 794386
  • Updated: 9/26/2026
  • Added to Site: 50 day(s) ago

Interior

  • Number of Rooms: 9
  • Interior Features: Tub Shower, Walk-In Closet(s)
  • Appliances: Electric Cooktop, Electric Oven, Electric Water Heater, Water Purifier Owned, Water Softener Owned
  • Flooring: Plank, Vinyl

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, Smoke Detector(s)

Exterior

  • Porch/Patio/Deck: Covered, Porch

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
  • Assoc. Fees Include: Association Management, Fitness Facility, Legal/Accounting, Maintenance Grounds, Playground, Pool(s), Sewer, Trash, Water

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
  • Stories/Levels: 2
  • Sq. Ft. Source: Appraiser
  • Year Built: 2006
  • Other Struct. Feat.: Dumpster

Lot Features

  • Lot Dimensions: 0 x 0
  • Frontage: City Street
  • Lot Features: Cul-De-Sac, Paved
  • Zoning: Resid Multi-Family

Financial Considerations

  • Association Fee: $1,508
  • Assoc Fee Freq.: Quarterly
  • Tax Amount: $2,401.06
  • Tax Year: 2025

Disclosures and Reports

  • Special Conditions: Listed As-Is
  • Legal Description: NAUTILUS COVE CONDO PHASE 5 UNIT 616 ORB 2832 P 523 2ND FLOOR 3BR/2BA ORB 4378 P 578 1225 SQ.FT.
  • Property ID: 40000-100-073

Listed by Corcoran Reverie

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Listing agent

— 616 Cape Cod Dr —

  • Corcoran Reverie

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 616 Cape Cod Dr

School District:Bay County School District
NameGradesDistance
Hutchison Beach Elementary School
12900 Middle Beach Rd, Panama City, FL 32407
K-51 mi
Surfside Middle School
300 Nautilus Street, Panama City Beach, FL 32413
6-80.4 mi
J.R. Arnold High School
550 North Alf Coleman Road, Panama City Beach, FL 32407
9-121.9 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 616 Cape Cod Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/26/2026
Price Reduced
$199,000
-9.13%
MLS
8/21/2026
Listed
$219,000
43.23%
MLS
3/17/2021
Sold
$152,900
—
Public Record
Get Price Alerts and Save Property
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 for 616 Cape Cod Dr

Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,480
—
$182,750
-2%
2024
$2,480
-2%
$187,000
-17%
2023
$2,526
290%
$225,250
71%
2021
$647
-65%
$131,750
-14%
2022
$1,874
190%
$153,000
29%
2021
$647
12%
$119,000
87%
2019
$578
-1%
$63,722
2%
2018
$581
39%
$62,534
2%
2017
$419
9%
$61,248
2%
2016
$383
-3%
$59,988
1%
2015
$393
1%
$59,571
1%
2014
$389
10%
$59,098
1%
2013
$354
—
$58,225
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Corcoran Reverie

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616 Cape Cod Drive, Panama City Beach, FL 32407 (MLS# 794386) is a Condo property with 3 bedrooms and 2 full bathrooms. 616 Cape Cod Drive is currently listed for $199,000 and was received on August 21, 2026. Want to learn more about 616 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.

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