212 Cape Cod Dr Panama City Beach, FL 32407
Panama City Beach AreaEstimated payment $1,938/month
Highlights
- In Ground Pool
- Clubhouse
- Park
- Gated Community
- Community Playground
- Picnic Area
About This Home
One of the best values for a 3-bedroom condo in Panama City Beach, this well-located 3BR/2BA second-floor residence in the gated community of Nautilus Cove offers strong appeal for both homeowners and investors. The property is currently leased with a tenant in place through June 30, 2026, providing immediate income and stability for an investment portfolio. Overlooking the resort-style pool, 212 Cape Cod Drive features a bright split-bedroom layout with a spacious living area and a well-appointed kitchen complete with granite countertops, wood cabinetry, stainless steel appliances, and a dedicated laundry room. Nautilus Cove provides desirable amenities including a clubhouse, fitness center, and playground, all within a central PCB location. Enjoy being just 5 minutes to Runaway Island and nearby beach access, 7 minutes to Pier Park, and right around the corner from Legacy Golf Club. ECP Airport is an easy 20-minute drive. With its prime location, community amenities, and rare 3-bedroom floor plan, this condo presents an excellent opportunity for long-term rental income, a low-maintenance second home, or a smart addition to an investment portfolio - while still offering exceptional value in today's market.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,401
Year Built
- Built in 2006
HOA Fees
- $472 Monthly HOA Fees
Parking
- Additional Parking
Home Design
- Entry on the 2nd floor
Interior Spaces
- Ceiling Fan
- Electric Range
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Pool
- In Ground Pool
Schools
- Hutchison Beach Elementary School
- Surfside Middle School
- Arnold High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- High Speed Internet
Community Details
Overview
- Association fees include clubhouse, legal/accounting, ground maintenance, pest control, playground, pool(s), security, trash
- Low-Rise Community
- Nautilus Cove Condo Subdivision
Amenities
- Picnic Area
- Clubhouse
Recreation
- Community Playground
- Community Pool
- Park
Security
- Gated Community
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,373 | $182,736 | ||
| 2024 | $2,429 | $166,124 | ||
| 2023 | $2,429 | $151,022 | $0 | $225,250 |
| 2022 | $1,801 | $137,293 | $0 | $0 |
| 2021 | $1,652 | $124,812 | $0 | $0 |
| 2020 | $1,494 | $119,000 | $0 | $119,000 |
| 2019 | $1,377 | $107,525 | $0 | $107,525 |
| 2018 | $1,271 | $93,773 | $0 | $0 |
| 2017 | $1,103 | $85,248 | $0 | $0 |
| 2016 | $986 | $77,498 | $0 | $0 |
| 2015 | $956 | $70,453 | $0 | $0 |
| 2014 | $895 | $64,048 | $0 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/10/2026 08/10/26 | For Rent | $1,900 | 0.0% | -- |
| 03/06/2026 03/06/26 | For Sale | $229,900 | 0.0% | $188 / Sq Ft |
| 06/26/2025 06/26/25 | Rented | $1,700 | 0.0% | -- |
| 04/30/2025 04/30/25 | Price Changed | $1,700 | -2.9% | $1 / Sq Ft |
| 04/14/2025 04/14/25 | Price Changed | $1,750 | -2.8% | $1 / Sq Ft |
| 03/20/2025 03/20/25 | Price Changed | $1,800 | -1.4% | $1 / Sq Ft |
| 03/11/2025 03/11/25 | Price Changed | $1,825 | -1.4% | $1 / Sq Ft |
| 02/25/2025 02/25/25 | For Rent | $1,850 | +2.8% | -- |
| 02/20/2024 02/20/24 | Rented | $1,800 | -2.7% | -- |
| 12/19/2023 12/19/23 | Price Changed | $1,850 | -2.6% | $2 / Sq Ft |
| 12/04/2023 12/04/23 | For Rent | $1,900 | +8.6% | -- |
| 01/22/2023 01/22/23 | Off Market | $1,750 | -- | -- |
| 11/09/2022 11/09/22 | Rented | $1,750 | 0.0% | -- |
| 10/31/2022 10/31/22 | Price Changed | $1,750 | -2.8% | $1 / Sq Ft |
| 10/14/2022 10/14/22 | For Rent | $1,800 | +28.6% | -- |
| 07/05/2022 07/05/22 | Off Market | $1,400 | -- | -- |
| 07/05/2022 07/05/22 | Off Market | $1,400 | -- | -- |
| 07/05/2022 07/05/22 | Off Market | $1,750 | -- | -- |
| 06/20/2022 06/20/22 | Off Market | $1,250 | -- | -- |
| 06/20/2022 06/20/22 | Off Market | $1,195 | -- | -- |
| 06/20/2022 06/20/22 | Off Market | $975 | -- | -- |
| 09/14/2020 09/14/20 | Rented | $1,750 | +20.7% | -- |
| 09/14/2020 09/14/20 | Under Contract | -- | -- | -- |
| 08/28/2020 08/28/20 | For Rent | $1,450 | +3.6% | -- |
| 10/24/2018 10/24/18 | Rented | $1,400 | 0.0% | -- |
| 10/24/2018 10/24/18 | Under Contract | -- | -- | -- |
| 10/23/2018 10/23/18 | For Rent | $1,400 | 0.0% | -- |
| 10/16/2018 10/16/18 | Rented | $1,400 | 0.0% | -- |
| 10/16/2018 10/16/18 | Under Contract | -- | -- | -- |
| 09/21/2018 09/21/18 | For Rent | $1,400 | +12.0% | -- |
| 08/31/2016 08/31/16 | Rented | $1,250 | -7.4% | -- |
| 08/31/2016 08/31/16 | Under Contract | -- | -- | -- |
| 05/18/2016 05/18/16 | For Rent | $1,350 | +13.0% | -- |
| 05/22/2015 05/22/15 | Rented | $1,195 | 0.0% | -- |
| 05/22/2015 05/22/15 | Under Contract | -- | -- | -- |
| 05/14/2015 05/14/15 | For Rent | $1,195 | +22.6% | -- |
| 06/14/2013 06/14/13 | Rented | $975 | 0.0% | -- |
| 06/14/2013 06/14/13 | Under Contract | -- | -- | -- |
| 06/03/2013 06/03/13 | For Rent | $975 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $179,000 | None Available |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $169,214 | Credit Line Revolving | |
| Closed | $170,050 | Purchase Money Mortgage |
Source: Central Panhandle Association of REALTORS®
MLS Number: 786375
APN: 40000-100-021
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
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