$219,000
601 Cape Cod Dr #NA, Panama City Beach, FL 32407
- 3
- beds
- 2
- baths
- 1,195
- sqft
- 2006
- year built
- Status:
- Active
- MLS #:
- 993611
- Neighborhood:
- NAUTILUS COVE CONDO
- County:
- Bay
- Listed By:
- Melissa A Haworth - EXP Realty LLC
- Agent Email:
- melissa.haworth@exprealty.com
Sponsoring Broker: Jennifer Ledesma, Berkshire Hathaway HomeServices Beach Properties of Florida
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!
Highlights
- Residential
- Condominium
- Built in 2006
- $1,508/qtr HOA
- 297 days on Market
-
- Bedrooms
- 3
-
- Bathrooms
- 2
-
- Year Built
- 2006
-
- Architectural Style
- N/A
-
- Construction Materials
- Stucco
-
- Interior Features
- Pantry, Breakfast Bar
-
- Appliances
- Dryer, Dishwasher, Electric Water Heater, Microwave, Refrigerator, Washer, Disposal, Cooktop, Electric Oven
-
- Flooring
- Tile, Vinyl
-
- Furnished
- Furnished
-
- Cooling
- Ceiling Fan(s), Central Air, Electric
-
- Heating
- Electric, Central
-
- Utilities
- Electricity Available
-
- Water
- Public
-
- Area
- 27 - Bay County
-
- County
- Bay
-
- City
- Panama City Beach
-
- Neighborhood
- NAUTILUS COVE CONDO
-
- Zip Code
- 32407
-
- High School
- Arnold
-
- Middle School
- Surfside
-
- Elementary School
- Hutchinson Beach
-
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Price History
| 01/23/2026 | Listed | $219,000 |
| Source: Central Panhandle Association of REALTORS #784103 | ||
| 01/23/2026 | Off Market | — |
| Source: Emerald Coast Association of REALTORS #993611 | ||
| 01/22/2026 | Listed | $219,000 |
| Source: Emerald Coast Association of REALTORS #993611 | ||
| 02/01/2024 | Sold | $270,000 |
| Source: Central Panhandle Association of REALTORS #750313 | ||
| 12/14/2023 | Listed | $270,000 |
| Source: Central Panhandle Association of REALTORS #750313 | ||
| 01/30/2023 | Sold | $255,000 |
| Source: Central Panhandle Association of REALTORS #735320 | ||
| 12/09/2022 | Listed | $250,000 |
| Source: Central Panhandle Association of REALTORS #735320 | ||
| 11/11/2022 | Off Market | — |
| Source: Emerald Coast Association of REALTORS #911794 | ||
| 01/30/2023 | Sold | $255,000 |
| Source: Emerald Coast Association of REALTORS #911794 | ||
| 11/10/2022 | Listed | $250,000 |
| Source: Emerald Coast Association of REALTORS #911794 | ||
| 07/14/2021 | Sold | $185,000 |
| Source: Central Panhandle Association of REALTORS #710298 | ||
| 04/13/2021 | Listed | $180,000 |
| Source: Central Panhandle Association of REALTORS #710298 | ||
| 05/31/2019 | Sold | $145,000 |
| Source: Central Panhandle Association of REALTORS #677262 | ||
| 10/30/2018 | Listed | $145,000 |
| Source: Central Panhandle Association of REALTORS #677262 | ||
| 06/30/2017 | Sold | $118,000 |
| Source: Central Panhandle Association of REALTORS #657723 | ||
| 04/19/2017 | Listed | $118,000 |
| Source: Central Panhandle Association of REALTORS #657723 | ||
Source: MLS Data
Deed History
| 02/02/2024 | Warranty Deed | $270,000 |
| 01/31/2023 | Warranty Deed | $255,000 |
| 07/15/2021 | Warranty Deed | $185,000 |
| 06/05/2019 | Warranty Deed | $145,000 |
| 07/03/2017 | Warranty Deed | $118,000 |
| 06/18/2012 | Special Warranty Deed | $81,000 |
| 12/15/2006 | Special Warranty Deed | $163,100 |
Source: Public records via Constellation Data Labs
Mortgage History
| 02/02/2024 | Commercial | $175,000 |
| 01/31/2023 | Conventional | $204,000 |
| 07/15/2021 | Coventional | $188,237 |
| 06/05/2019 | Conventional | $130,500 |
| 07/03/2017 | ARM (Adjustable Rate Mortgage as of August, 2009) | $30,000 |
| 06/27/2013 | Coventional | $72,900 |
| 06/18/2012 | Coventional | $72,900 |
| 12/15/2006 | Coventional | $130,475 |
Source: Public records via Constellation Data Labs
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There are currently 1217 properties available in Panama City Beach, with 1 under contract to close soon. Properties in the city have an average sale price of $529,301 and typically spend 122 days on the market before being sold.
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Source: ez Home Search, MLS Data
Frequently Asked Questions
How do I schedule a tour of 601 Cape Cod Dr #NA?
We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 601 Cape Cod Dr #NA.
They know residentials in the area well and can give you the guidance you need to buy with confidence.
How do I get more information about 601 Cape Cod Dr #NA?
Click Ask a Question to talk with our team. You already know it is a 3 bed, 2 bath, listed for $219,000. We can talk through recent upgrades, potential seller motivation, how this condominium compares to others in Panama City Beach, and can even get you in to see the property quickly.
How much is the monthly mortgage payment for 601 Cape Cod Dr #NA?
With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 601 Cape Cod Dr #NA at around $1,246. This includes estimated property taxes and insurance.
Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.
How do I get pre-approved to buy 601 Cape Cod Dr #NA?
Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.
Or, let us connect you with our preferred local lender in Bay County. They will give you all of your available financing options, based on your specific situation and what is available to you.
Can I negotiate the asking price for 601 Cape Cod Dr #NA?
In most cases, yes. Whether 601 Cape Cod Dr #NA is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Panama City Beach's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.
How do I make an offer on 601 Cape Cod Dr #NA?
We can handle that for you. Our preferred local agent specializes in residentials in Panama City Beach and can guide you through every step of the offer process.
You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.
What is the price per square foot for this home?
This home is listed at $219,000 with 1,195 sqft of space—that comes out to approximately $183 per square foot.
How long has this property been on the market?
601 Cape Cod Dr #NA was listed on January 22, 2026, which means it's been on the market for 297 days.
Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.
When was this house built?
This home was built in 2006, making it approximately 20 years old.
What schools are assigned to this property?
Based on MLS info, this home is zoned for:
- Elementary: Hutchinson Beach
- Middle: Surfside
- High: Arnold
Want to see how these schools compare? Check out our Bay County School Guide to see ratings, reviews, and more for the schools in the area.
Is there an HOA fee for this property, and what does it cover?
This home has an HOA fee of $1,508 paid quarterly.
Is 601 Cape Cod Dr #NA still available for sale?
Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.
Source: ez Home Search, MLS Data
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