NOT LISTED FOR SALE

406 Cape Cod Dr Panama City Beach, FL 32407

Estimated Value: $202,000 - $212,279

4 Beds
3 Baths
1,430 Sq Ft
2006 Built

Sale Details

Date Sold: May 16, 2025

Last sale price $200,000 $140 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,327 / mo

169 Days on Market

Highlights

  • In Ground Pool
  • Gated Community
  • Covered Patio or Porch
  • Gated Parking
  • Clubhouse
  • Living Room

About This Home

As of May 2025

Welcome to 406 Cape Cod Drive, your perfect Panama City Beach Retreat! Nestled in the heart of the desirable Nautilus Cove community, this stunning 4-bedroom, 3-bathroom condo offers the perfect blend of comfort, style, and convenience. Located just minutes from Pier Park, it's an ideal haven for homeowners or savvy investors seeking a long-term rental property. As you approach, you'll be greeted by a charming covered front porch and an elegant Hardie Board and stone exterior, perfectly complementing the lush greenery that surrounds the home. Situated steps from the community playground, this condo offers tranquility and accessibility in equal measure. Enjoy privacy in the primary suite, complete with an ensuite bath and a double walk-in closet, thoughtfully separated from the additional three bedrooms and two full bathrooms. The modern kitchen features granite countertops, tile flooring, and stainless-steel appliances. The open layout seamlessly connects the kitchen to the expansive living and dining areas with vaulted ceilings. Recent updates include a brand-new HVAC system and newer 30-year dimensional roof. Nautilus Cove offers resort-style amenities, including a sparkling in-ground pool, a fitness center, and a gated entrance for added security. The Homeowner's Association takes care of water and garbage expenses, adding to the convenience. Situated just minutes from the vibrant Pier Park, you'll have access to premier shopping, dining, and entertainment options. Whether you're exploring local attractions or relaxing at home, this property's location can't be beaten. With the flexibility to rent long-term, this property is perfect for investors looking to expand their portfolio or first-time homebuyers seeking a smart and stylish investment. Schedule your private showing today and experience everything 406 Cape Cod Drive has to offer!

Last Agent to Sell the Property

Kaci Hawes

ERA Neubauer Real Estate, Inc License #SL3441260 Listed on: 03/07/2025

Last Buyer's Agent

Kaci Hawes

ERA Neubauer Real Estate, Inc License #SL3441260 Listed on: 03/07/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,596

Year Built

  • Built in 2006

Lot Details

  • Security Fence

Home Design

  • Slab Foundation
  • Shingle Roof
  • HardiePlank Type

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Security Gate

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Ice Maker

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • Gated Parking
  • Paved Parking
  • Additional Parking
  • Parking Lot

Outdoor Features

  • In Ground Pool
  • Covered Patio or Porch

Schools

  • Hutchison Beach Elementary School
  • Surfside Middle School
  • Arnold High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

Overview

  • Property has a Home Owners Association
  • Low-Rise Community
  • Nautilus Cove Condo Subdivision

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Community Playground
  • Community Pool

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,596

Year Built

Built in 2006

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Year Built: 2006
  • Property Sub Type: Condominium
  • Lot Size: 0 x 0
  • Subdivision Name: Nautilus Cove Condo
  • Architectural Style: Low Rise
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Electric Cooktop, Electric Oven, Electric Water Heater, Ice Maker
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Dining Room Type: Bedroom, Dining Room, Full Bath, Kitchen, Living Room, Primary Bathroom, Primary Bedroom
  • Stories: 2

Exterior Features

  • Pool Features: In Ground, Community
  • Waterfront: No
  • Construction Type: HardiPlank Type
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Porch
  • Roof: Shingle

Garage/Parking

  • Parking Features: Additional Parking, Paved, Parking Lot, Gated
  • Garage: No
  • Attached Garage: No

Utilities

  • Utilities: Electricity Available
  • Security Features: Gated Community, Security Fence, Security Gate
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Community Features: Barbecue, Clubhouse, Fitness Center, Playground, Pool, Community Pool, Gated
  • Amenities: Gated, Barbecue
  • Association: Yes

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Lot Features: Paved
  • Mobile Dim Units: Feet
  • Zoning Description: Resid Multi-Family

Multi Family

  • Number Of Units Furnished: None

Tax Info

  • Tax Annual Amount: 2596.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: Hutchison Beach
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2025
Closed on
May 16, 2025
Sold by
Fenley Kenneth I
Bought by
Pioneer Petroleum Inc
Seller's Agent
Kaci Hawes
ERA Neubauer Real Estate, Inc
Buyer's Agent
Kaci Hawes
ERA Neubauer Real Estate, Inc
List Price
$255,000
Sold Price
$200,000
Premium/Discount to List
-$55,000
-21.57%
Views
114
Current Estimated Value
$207,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,820
Avg. Annual Appreciation
3.91%

Purchase Details

Listed on
Nov 15, 2017
Closed on
Jul 16, 2019
Sold by
Grady Jeffrey L
Bought by
Fenley Kenneth L
Seller's Agent
Carl Allen
Counts Real Estate Group Inc
Buyer's Agent
Coralee Kritzer
Keller Williams Success Realty
List Price
$159,900
Sold Price
$149,900
Premium/Discount to List
-$10,000
-6.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.06%
Original Mortgage
$153,122
Interest Rate
3.8%
Mortgage Type
VA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
Pioneer Petroleum Inc $200,000 None Listed On Document
Pioneer Petroleum Inc $200,000 None Listed On Document
Fenley Kenneth L $149,900 South Oak Ttl Panama City Be
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
Previous Owner Fenley Kenneth L $153,122
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/16/2025 05/16/25 Sold $200,000 -8.7% $140 / Sq Ft
05/10/2025 05/10/25 Pending -- -- --
04/07/2025 04/07/25 Price Changed $219,000 -12.0% $153 / Sq Ft
01/31/2025 01/31/25 Price Changed $249,000 -2.4% $174 / Sq Ft
11/22/2024 11/22/24 For Sale $255,000 0.0% $178 / Sq Ft
10/25/2023 10/25/23 Rented $1,900 0.0% --
10/04/2023 10/04/23 Price Changed $1,900 -5.0% $1 / Sq Ft
10/04/2023 10/04/23 Price Changed $2,000 -9.1% $1 / Sq Ft
09/08/2023 09/08/23 For Rent $2,200 +63.0% --
06/20/2022 06/20/22 Off Market $1,350 -- --
06/20/2022 06/20/22 Off Market $1,295 -- --
06/20/2022 06/20/22 Off Market $1,250 -- --
06/20/2022 06/20/22 Off Market $1,250 -- --
06/20/2022 06/20/22 Off Market $149,900 -- --
07/16/2019 07/16/19 Sold $149,900 -6.3% $105 / Sq Ft View Prior Sale
08/19/2018 08/19/18 Pending -- -- --
11/14/2017 11/14/17 For Sale $159,900 0.0% $112 / Sq Ft
09/08/2015 09/08/15 Rented $1,350 -3.2% --
09/08/2015 09/08/15 Under Contract -- -- --
07/14/2015 07/14/15 For Rent $1,395 +7.7% --
03/06/2015 03/06/15 Rented $1,295 -0.4% --
03/06/2015 03/06/15 Under Contract -- -- --
01/22/2015 01/22/15 For Rent $1,300 +4.0% --
11/12/2013 11/12/13 Rented $1,250 0.0% --
11/12/2013 11/12/13 Under Contract -- -- --
07/22/2013 07/22/13 For Rent $1,250 0.0% --
01/28/2013 01/28/13 Rented $1,250 0.0% --
01/28/2013 01/28/13 Under Contract -- -- --
09/27/2012 09/27/12 For Rent $1,250 -- --
Source: Central Panhandle Association of REALTORS®

Tax History

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 $2,612 $201,607 -- --
2024 $2,596 $183,279 -- --
2023 $2,596 $166,617 $0 $230,563
2022 $2,094 $151,470 $0 $0
2021 $1,764 $137,700 $0 $137,700
2020 $1,669 $131,750 $0 $131,750
2019 $1,587 $123,250 $0 $123,250
2018 $1,509 $112,200 $0 $0
2017 $1,212 $102,000 $0 $0
2016 $1,217 $98,541 $0 $0
2015 $1,123 $89,583 $0 $0
2014 $1,072 $81,439 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 765415

Central Panhandle Association of REALTORS®

APN: 40000-100-055

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