608 Cape Cod Drive
Panama City Beach, FL 32407
MLS# 791228
3 beds | 2 baths | 1195 sqft
Property DescriptionCURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS.
PRICE IMPROVEMENT! STR-ALLOWABLE 3-BEDROOM NOW $209,900! Welcome to 608 Cape Cod Drive in Nautilus Cove, where opportunity meets affordability in one of Panama City Beach's desirable vacation-rental communities. This 3-bedroom, 2-bath condo is an approved short-term-rental-allowable unit, making it an excellent option for an investment property, vacation home, second home, or personal residence.
At just $209,900, this is an exceptional opportunity for investors looking for an affordable entry into the Panama City Beach vacation-rental market.
Nautilus Cove offers a convenient location near the sugar-white beaches and emerald waters of the Gulf, as well as restaurants, shopping, entertainment, and everything Panama City Beach has to offer. Community amenities include a pool, fitness area, and playground.
Whether you're looking to generate rental income, have your own beach getaway, or enjoy the flexibility of a property that can serve multiple purposes, 608 Cape Cod deserves a look. Opportunities to purchase a 3-bedroom STR-allowable unit at this price point in Nautilus Cove are limited.
Buyer to verify all information, including dimensions, HOA restrictions, rental rules, and current short-term-rental requirements.
Floor Number: 1
Design: Low-Rise (1-3 floors)
Apx SqFt(Htd/Cooled): 1195
Construction Status: Construction Complete
SqFt Source: Prop App Site
Accessory Dwelling Unit: No
Lot Dimensions: 0x0
New Construction: No
Garage Y/N: No
Assigned Spaces: 1
Pool: Yes
Pool Type: Community
Sub-Type: Condominium
Bedrooms: 3
Full Baths: 2
Total Baths: 2
List Price/SqFt: 175.65
Status: Active
List Date: 2026-06-03
List Price: $209,900
Sub Area: 0321 - Beach - North Central
Community/Resort: None
Waterfront: No
Elementary School: Hutchison Beach
Middle School: Surfside
High School: Arnold
Directions: Traveling West on US 98, take a right into Nautilus Cove just past Destiny Worship Center. Take a left upon entering the complex and follow around for approximately 0.2 miles. Unit is located on the back side of building 6..
Area: 03 - Bay County - Beach
Street #: 608
Street Name: Cape Cod
Street Suffix: Drive
State: FL
Zip Code: 32407
County: Bay
Subdivision: Nautilus Cove Condo
Parcel ID: 40000-100-065
Legal Description: NAUTILUS COVE CONDO PHASE 5 UNIT 608 ORB 2832 P 523 1ST FLOOR 3BR/2BA ORB 4553 P 510 1195 SQ.FT.
HOA Fee: Yes
HOA Amount: 1508
HOA Frequency: Quarterly
HOA Annual Amount: 6032
Senior Community: No
Is Subject Leased: No
New Buyer Fee: No
Last Taxes: 2609
Last Tax Year: 2025
Brokerage Interest: No Interest
Remarks: CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS.
PRICE IMPROVEMENT! STR-ALLOWABLE 3-BEDROOM NOW $209,900! Welcome to 608 Cape Cod Drive in Nautilus Cove, where opportunity meets affordability in one of Panama City Beach's desirable vacation-rental communities. This 3-bedroom, 2-bath condo is an approved short-term-rental-allowable unit, making it an excellent option for an investment property, vacation home, second home, or personal residence.
At just $209,900, this is an exceptional opportunity for investors looking for an affordable entry into the Panama City Beach vacation-rental market.
Nautilus Cove offers a convenient location near the sugar-white beaches and emerald waters of the Gulf, as well as restaurants, shopping, entertainment, and everything Panama City Beach has to offer. Community amenities include a pool, fitness area, and playground.
Whether you're looking to generate rental income, have your own beach getaway, or enjoy the flexibility of a property that can serve multiple purposes, 608 Cape Cod deserves a look. Opportunities to purchase a 3-bedroom STR-allowable unit at this price point in Nautilus Cove are limited.
Buyer to verify all information, including dimensions, HOA restrictions, rental rules, and current short-term-rental requirements.
Gunite Concrete: 1
Inground: 1
Range - Electric: 1
Refrigerator: 1
Washer: 1
Water Heater - Electric: 1
Breakfast Bar: 1
Floor - Tile: 1
Pantry: 1
Split Bedroom: 1
Window - Treatment All: 1
Foundation - Slab on Grade: 1
Wood/Frame: 1
Roof - Dimensional Shg: 1
Siding - Hardie Board: 1
Exercise Room: 1
Gated Community: 1
Ground Keeping: 1
Management: 1
BBQ Pit/Grill: 1
Dumpster: 1
Exercise Room: 1
Gated Community: 1
Bedroom: 1
Primary Bedroom: 1
Electricity - Connected: 1
Public Sewer - Connected: 1
Public Water - Connected: 1
Ceiling Fan(s): 1
Central Air: 1
MBed First Floor: 1
MBed Walk-in Closet: 1
MBath Shower/Tub Combo: 1
Appliances: Dishwasher; Disposal; Dryer; Microwave; Range - Electric; Refrigerator; Washer; Water Heater - Electric
Cooling: Ceiling Fan(s); Central Air; Electric
Heating: Central; Electric
Association Fees Include: Accounting; Dumpster; Exercise Room; Gated Community; Ground Keeping; Management; Playground; Pool; Sewer; Water
Financing: Cash; Conventional; FHA; VA
Pool Features: Gunite Concrete; Inground
Security Features: Gated Community
Parking Features: Assigned; Paved
Association Amenities: BBQ Pit/Grill; Dumpster; Exercise Room; Gated Community; Playground; Pool; Sidewalks
Rooms: Bedroom; Primary Bedroom
Utilities: Electricity - Connected; Public Sewer - Connected; Public Water - Connected
| Room Name | Dimensions | Length | Width |
| Primary Bedroom | 12 x 12 | 12.00 | 12.00 |
| Bedroom | 11.7 x 10.9 | 11.70 | 10.90 |
| Bedroom | 10.1 x 11.9 | 10.10 | 11.90 |
Listing Office: Think Real Estate
Last Updated: November - 03 - 2026
Information deemed reliable but not guaranteed.