601 Cape Cod Drive, Panama City Beach, FL 32407 (MLS# 784103)

List Price/SqFt: 200

Status: Active

List Date: 2026-01-23

List Price: $239,000

Current Price: $239,000

Sub Area: 0321 - Beach - North Central

Community/Resort: None

Waterfront: No

Elementary School: Hutchison Beach

Middle School: Surfside

High School: Arnold

Directions: Travel west on Highway 98. Nautilus Cove is on the right side of the Highway just after the golf course.

Area: 03 - Bay County - Beach

Street #: 601

Street Name: Cape Cod

Street Suffix: Drive

State: FL

Zip Code: 32407

County: Bay

Subdivision: Nautilus Cove Condo

Parcel ID: 40000-100-058

Legal Description: NAUTILUS COVE CONDO PHASE 5 UNIT 601 ORB 2832 P 523 1ST FLOOR 3BR/2BA ORB 4652 P 2385 1195 SQ.FT.

Floor Number: 1

Design: Low-Rise (1-3 floors)

Apx SqFt(Htd/Cooled): 1195

Immediate Occupancy: Yes

Construction Status: Construction Complete

SqFt Source: Prop App Site

Lot Dimensions: 0x0

New Construction: No

Garage Y/N: No

Pool: Yes

Pool Type: Community

Sub-Type: Condominium

Bedrooms: 3

Full Baths: 2

Total Baths: 2

Year Built: 2006

HOA Fee: Yes

HOA Amount: 1508

HOA Frequency: Quarterly

HOA Annual Amount: 6032

New Buyer Fee: No

Last Taxes: 2609

Last Tax Year: 2025

Brokerage Interest: No Interest

As Is: Yes

Condo Doc: Yes

Remarks: ACTIVE SHORT TERM RENTAL GROSSING OVER $36K LAST YEAR. Turnkey, fully furnished, and ready to earn! This 3-bedroom, 2-bath condo in the gated Nautilus Cove community is the perfect beach getaway and short-term rental investment. Sold fully furnished and rental-ready, this first-floor unit makes owning at the beach easy from day one. Inside, you'll find a bright, open layout with stainless steel appliances, granite countertops, updated bathroom vanities, and durable flooring throughout--ideal for beach life and guests alike. The bedrooms are generously sized, offering comfortable accommodations for family, friends, or vacation renters. Nautilus Cove is centrally located in Panama City Beach, just minutes from the white-sand beaches, dining, shopping, and entertainment. Community amenities include a resort-style pool, fitness center, playground, and gated entry--everything guests (and owners) love. Whether you're looking for a vacation home, income-producing property, or both, this condo checks all the boxes. Beach days, rental income, and low-maintenance living--this is PCB living done right!

Cooktop - Electric: 1

Dishwasher: 1

Disposal: 1

Dryer: 1

Microwave: 1

Oven - Electric: 1

Refrigerator: 1

Washer: 1

Water Heater - Electric: 1

Breakfast Bar: 1

Floor - Tile: 1

Floor - Vinyl: 1

Pantry: 1

Window - Treatment All: 1

Roof - Composite Shngl: 1

Siding - Stucco: 1

Accounting: 1

Dumpster: 1

Exercise Room: 1

Gated Community: 1

Ground Keeping: 1

Insurance: 1

Management: 1

Playground: 1

Pool: 1

Sewer: 1

Water: 1

Cash: 1

Conventional: 1

FHA: 1

VA: 1

Furnished: 1

First: 1

Paved Road: 1

Assigned: 1

Paved: 1

MBed First Floor: 1

MBath Shower/Tub Combo: 1

Resid Multi-Family: 1

BBQ Pit/Grill: 1

Dumpster: 1

Gated Community: 1

Playground: 1

Pool: 1

Sidewalks: 1

Bedroom: 1

Kitchen: 1

Master Bedroom: 1

Electricity - Connected: 1

Public Sewer - Connected: 1

Public Water - Connected: 1

As Is: 1

First: 1

First: 1

Ceiling Fan(s): 1

Central Air: 1

Electric: 1

Central: 1

Electric: 1

Gated Community: 1