601 Cape Cod Drive, Panama City Beach, FL 32407

$225,000
  • 601 Cape Cod Drive, Panama City Beach, FL 32407 Main Photo

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Active
BEDS3 BATHS2 full SQUARE FEET1,195 MLS#784103
STATUSActive PROPERTY TYPEResidential - Condominium SUBDIVISIONNautilus Cove Condo

Property Description

MOTIVATED SELLER! $10K PRICE REDUCTION! 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!

601 Cape Cod Drive | MLS# 784103

This condo located at 601 Cape Cod Drive, Panama City Beach, FL 32407 is currently listed for sale with an asking price of $225,000. This property was built in 2006 and has 3 bedrooms and 2 full baths with 1195 sq. ft. Cape Cod Drive is located in the Nautilus Cove Condo subdivision. Search Nautilus Cove Condo real estate on www.premierfl.com today.

Property Features

Property Type: Residential - Condominium
Cooling: Central Air, Ceiling Fan(s)
Heating: Central, Electric
Home Style: Low Rise
Roof Type: Composition, Shingle
Taxes: $2,609
Year Built: 2006

Amenities

Main Level Primary
Tub Shower

Feature Descriptions

Appliances: Electric Cooktop, Electric Oven, Electric Water Heater
Association Amenities: Gated
Building Features: Dumpster
Community Features: Barbecue, Playground, Pool, Community Pool, Gated, Short Term Rental Allowed
Days on Site: 271
Exterior: Stucco
HOA Fee: 1508/ Quarterly
Lot: Paved
Parcel#: 40000-100-058
Parking: Paved
Parking Notes: Paved
Pool: Community
Security: Gated Community
Sewer: Public Sewer
Utilities: Electricity Available

Room Sizes

Kitchen: 8 X 6 Level - First
Bedroom: 10.1 X 11.9 Level - First
Bedroom: 11.7 X 10.9 Level - First
Primary Bedroom: 12 X 12 Level - First

Local Schools

High School: Arnold
Middle School: Surfside
Elementary School: Hutchison Beach

Listed By / Shown By

Listed By

Agency Name: EXP Realty LLC

Shown By

Agency Title: Premier Property Group
Agency Phone: 850-337-1555

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Estimate Your Payment

Estimated Payment

$ 783.79 per month $500.75 Principal & Interest $217.42 Property Tax $65.63 Homeowner's Insurance

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