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601 Cape Cod Drive

Panama City Beach, FL 32407
  • $235,000
  • STATUS: Active
  • ON SITE: 197 Days
  • MLS #: 784103
UPDATED: 66 min ago
$235,000
  • 3
    BEDS
  • N/A
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,195
    SQFT
  • $197
    $/SQFT
Neighborhood:
Type:
Condo
Built:
2006
County:
Bay

School Information

Elementary School:
Middle School:
High School:

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!

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© 2026 Central Panhandle Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Coastal Connection at eXp Realty. Data last updated: 2026-08-09T21:03:59.25.
www.thecoastalconnectionpropertysearch.com/homes/172433901
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601 Cape Cod Drive Panama City Beach, FL 32407

  • Price: $235,000
  • Status: Active
  • On Site: 197 Days
  • Updated: 66 min ago
  • MLS #: 784103
3
Beds
2
Baths
0
½ Baths
N/A
Acres
1,195
SQFT
$197
$/SQFT
2006
Built
Neighborhood:
Nautilus Cove Condo
County:
Bay
Area:
Bay County-Beach
Elementary School:
Hutchison Beach
Middle School:
Surfside
High School:
Arnold
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!
Exterior Features

Architectural Style Low Rise Attached Garage YN No Construction Materials Stucco Garage YN No Lot Features Paved Pool Features Community Roof Composition Shingle

Interior Features

Appliances Electric Cooktop Electric Oven Electric Water Heater Building Features Dumpster Cooling Central Air Ceiling Fan(s) Cooling YN Yes Entry Level 1 Heating Central Electric Heating YN Yes Interior Features Main Level Primary Tub Shower Parking Features Paved Rooms Primary Bedroom (First Level) Units Furnished All Units

Property Features

Association Amenities Gated Association Fee 1508 Association Fee Frequency Quarterly Association Fee Includes Association Management Fitness Facility Insurance Legal / Accounting Maintenance Grounds Playground Pool(s) Sewer Trash Water Association YN Yes Community Features Barbecue Playground Pool Community Pool Gated Short Term Rental Allowed Listing Service Full Service Lot Size Dimensions 0x0 New Construction YN No Occupant Type Tenant Property Sub Type Condominium Property Sub Type Additional Condominium Security Features Gated Community Sewer Public Sewer Special Listing Conditions Listed As- Is Tax Annual Amount 2609 Tax Year 2025 Utilities Electricity Available Waterfront YN No Zoning Description Resid Multi- Family

Central Panhandle Association of REALTORS (Panama City MLS) logo Listing provided courtesy of EXP Realty LLC: 888-883-8509. Listing information © 2026 Central Panhandle Association of Realtors MLS.


© 2026 Central Panhandle Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Coastal Connection at eXp Realty. Data last updated: 2026-08-09T21:03:59.25.
 
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