101 Cape Cod Drive, Panama City Beach, FL 32407 (MLS# 791961)

List Price/SqFt: 213.57

Status: Active

List Date: 2026-06-23

List Price: $299,000

Current Price: $299,000

Sub Area: 0321 - Beach - North Central

Community/Resort: None

Waterfront: No

Elementary School: Breakfast Point

Middle School: Breakfast Point

High School: Arnold

Directions: Located at PCB Pkwy and Nautilus Street.

Area: 03 - Bay County - Beach

Street #: 101

Street Name: Cape Cod

Street Suffix: Drive

State: FL

Zip Code: 32407

County: Bay

Subdivision: Nautilus Cove Condo

Parcel ID: 40000-100-001

Legal Description: NAUTILUS COVE CONDO PHASE 1 UNIT 101 ORB 2971 P 1413 1ST FLOOR 4BR/3BA ORB 4368 P 396 1400 SQ.FT.

Floor Number: 1

Design: Low-Rise (1-3 floors)

Apx SqFt(Htd/Cooled): 1400

Construction Status: Construction Complete

SqFt Source: Prop App Site

Lot Dimensions: 0x0

New Construction: No

Garage Y/N: No

Assigned Spaces: 1

Pool: Yes

Pool Type: Community

Sub-Type: Condominium

Bedrooms: 4

Full Baths: 3

Total Baths: 3

Year Built: 2006

HOA Fee: Yes

HOA Amount: 1508

HOA Frequency: Quarterly

HOA Annual Amount: 6032

New Buyer Fee: No

Last Tax Year: 2025

Brokerage Interest: No Interest

As Is: Yes

Condo Doc: Yes

Remarks: Rare opportunity to own a spacious 4-bedroom, 3-bath condo in the highly desirable Nautilus Cove community, located just one mile from the sugar-white sands and emerald waters of the Gulf. This coveted first-floor unit is one of only a select few within the community that allows short-term rentals, making it an exceptional investment opportunity, second home, or full-time residence. Estimated rental projections range from $66,000 to $86,000 annually. The thoughtfully designed floor plan offers plenty of space for family and guests, while residents enjoy gated access and resort-style amenities, including a community pool, fitness center, clubhouse, and playground. Conveniently located near shopping, dining, entertainment, and Panama City Beach attractions, this property offers the perfect blend of coastal living, convenience, and income potential. If measurements deemed important, please verify.

First: 1

Cooktop - Electric: 1

Dishwasher: 1

Dryer: 1

Refrigerator: 1

Washer: 1

Siding - Hardie Board: 1

Accounting: 1

Gated Community: 1

Ground Keeping: 1

Management: 1

Pool: 1

Water: 1

Furnished: 1

First: 1

Bedroom: 1

Laundry: 1

Living Room: 1

Primary Bedroom: 1

Electricity - Connected: 1

Public Sewer - Connected: 1

Public Water - Connected: 1

First: 1

First: 1

Central Air: 1

Central: 1