NOT LISTED FOR SALE

401 Cape Cod Dr Panama City Beach, FL 32407

Estimated Value: $235,000 - $279,000

4 Beds
3 Baths
1,400 Sq Ft
392 Sq Ft Lot

Sale Details

Date Sold: March 22, 2023

Last sale price $305,000 $218 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $1,989 / mo

20 Days on Market

Highlights

  • Fitness Center
  • Meeting Room
  • Community Playground
  • Community Pool
  • Living Room
  • Community Barbecue Grill

About This Home

As of March 2023

Nautilus Cove is located in central PCB and is a low maintenance and high enjoyment complex! Close to Pier Park and Gulf of Mexico, this appealing unit is conveniently on the ground floor and with this being one of the FEW units that ALLOWS SHORT TERM RENTALS, this one is not to be missed! This unit comes fully furnished, ''rental ready'' and rental projection is 55k! The kitchen features granite counters and stainless appliances in a classic open layout to the super comfortable living area. Within walking distance to the Gulf of Mexico, and an easy drive to Pier Park and everything else Panama City Beach has to offer this unit leaves nothing to be desired. On-site features include pool, fitness center, clubhouse, impressive lobby, and professional landscaping. Strong rental history!

Last Agent to Sell the Property

Marcy O'Donnell

Luxe Coastal Realty License #3417794 Listed on: 01/23/2023

Last Buyer's Agent

Marcy O'Donnell

Berkshire Hathaway HomeServices

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2006

Lot Details

  • 392

HOA Fees

  • $350 Monthly HOA Fees

Interior Spaces

  • 1,400 Sq Ft Home
  • Living Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Schools

  • Breakfast Point Elementary And Middle School
  • Arnold High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 40000-100-050

Community Details

Overview

  • Nautilus Condo Subdivision

Amenities

  • Community Barbecue Grill
  • Meeting Room

Recreation

  • Community Playground
  • Fitness Center
  • Exercise Course
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Year Built

Built in 2006

Lot Details

392 Sq Ft Lot

HOA Fees

$350 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: NAUTILUS CONDO
  • Directions: From Hwy 79 take Hwy 98 East to subdivision.
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Year Built: 2006
  • Remarks Misc:Remarks: Nautilus Cove is located in central PCB and is a low maintenance and high enjoyment complex! Close to Pier Park and Gulf of Mexico, this appealing unit is conveniently on the ground floor and with this being one of the FEW units that ALLOWS SHORT TERM RENTALS, this one is not to be missed! This unit comes fully furnished, ''rental ready'' and rental projection is 55k! The kitchen features granite counters and stainless appliances in a classic open layout to the super comfortable living area. Within walking distance to the Gulf of Mexico, and an easy drive to Pier Park and everything else Panama City Beach has to offer this unit leaves nothing to be desired. On-site features include pool, fitness center, clubhouse, impressive lobby, and professional landscaping. Strong rental history!
  • Utilities Electric: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Rooms:Living Room: Yes
  • Utilities:Community Water: Yes
  • Special Features: None

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 4

Exterior Features

  • Pool Features: Pool Type
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes

Garage/Parking

  • General Property Info:Garage2: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Community Sewer, Community Water, Electric

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Community Room, Exercise Room, Pets Allowed, Playground, Pool, TV Cable
  • Association #2 Fee: 4200.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Breakfast Point
  • High School: Arnold
  • Middle Or Junior School: Breakfast Point

Lot Info

  • Parcel #: 40000-100-050
  • ResoLotSizeUnits: Acres

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2023
Closed on
Mar 22, 2023
Sold by
Bought by
Seller's Agent
Marcy O'Donnell
Luxe Coastal Realty
Buyer's Agent
Marcy O'Donnell
Berkshire Hathaway HomeServices
List Price
$320,000
Sold Price
$305,000
Premium/Discount to List
-$15,000
-4.69%
Views
266
Current Estimated Value
$259,828

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$45,172
Avg. Annual Appreciation
-4.74%
Original Mortgage
$213,500
Outstanding Balance
$206,056
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$53,772

Purchase Details

Closed on
Oct 9, 2017
Sold by
Bought by

Purchase Details

Listed on
May 21, 2015
Closed on
Jun 17, 2015
Sold by
Bought by
Seller's Agent
Scott Ingraham
Scott Ingraham Real Estate
Buyer's Agent
Bob Carlton
Land & Stand Properties
List Price
$104,900
Sold Price
$104,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.64%

Purchase Details

Closed on
Oct 21, 2014
Sold by
Bought by

Purchase Details

Closed on
Apr 16, 2012
Sold by
Bought by

Purchase Details

Closed on
Dec 27, 2006
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 Buyer Sale Price Title Company
$305,000 Florida Legacy Title
-- Attorney
$104,900 Stewart Title Company
$45,100 Attorney
$200 None Available
$184,900 None Available
Source: Public Records

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 Borrower Loan Amount
Open $213,500
Source: Public Records

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 Prior Sale
03/22/2023 03/22/23 Sold $305,000 -4.7% $218 / Sq Ft
02/12/2023 02/12/23 Pending -- -- --
01/23/2023 01/23/23 For Sale $320,000 +205.1% $229 / Sq Ft
07/05/2022 07/05/22 Off Market $104,900 -- --
07/29/2015 07/29/15 Sold $104,900 0.0% $75 / Sq Ft View Prior Sale
06/05/2015 06/05/15 Pending -- -- --
05/21/2015 05/21/15 For Sale $104,900 -- $75 / Sq Ft
Source: Emerald Coast Association of REALTORS®

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 $2,930 $247,775 -- --
2024 $2,626 $225,250 -- $225,250
2023 $2,626 $166,617 $0 $242,250
2022 $1,945 $151,470 $0 $0
2021 $1,764 $137,700 $0 $137,700
2020 $1,671 $131,750 $0 $131,750
2019 $1,626 $126,650 $0 $126,650
2018 $1,547 $115,390 $0 $0
2017 $1,245 $104,900 $0 $0
2016 $1,233 $104,900 $0 $0
2015 $1,123 $92,400 $0 $0
2014 $1,110 $91,375 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 915454

Emerald Coast Association of REALTORS®

APN: 40000-100-050

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