601 Cape Cod Dr Panama City Beach, FL 32407
Estimated payment $1,533/month
Highlights
- Gated Community
- Community Playground
- Central Heating and Cooling System
- Community Pool
- Community Barbecue Grill
- Ceiling Fan
About This Home
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!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,609
Year Built
- Built in 2006
Parking
- Paved Parking
Home Design
- Shingle Roof
- Composition Roof
- Stucco
Interior Spaces
- Ceiling Fan
Kitchen
- Electric Oven
- Electric Cooktop
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
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 Condominium
- Nautilus Cove Condo Subdivision
Recreation
- Community Playground
- Community Pool
Additional Features
- Community Barbecue Grill
- Gated Community
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,670 | $199,750 | -- | $199,750 |
| 2024 | $2,503 | $204,000 | -- | $204,000 |
| 2023 | $2,503 | $168,300 | $0 | $221,000 |
| 2022 | $1,862 | $153,000 | $0 | $153,000 |
| 2021 | $1,580 | $121,550 | $0 | $121,550 |
| 2020 | $1,555 | $121,550 | $0 | $121,550 |
| 2019 | $1,460 | $117,300 | $0 | $117,300 |
| 2018 | $1,306 | $97,750 | $0 | $0 |
| 2017 | $1,021 | $85,000 | $0 | $0 |
| 2016 | $1,017 | $86,040 | $0 | $0 |
| 2015 | $1,026 | $84,150 | $0 | $0 |
| 2014 | $951 | $77,950 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/23/2026 01/23/26 | For Sale | $250,000 | -2.0% | $209 / Sq Ft | |
| 01/30/2023 01/30/23 | Sold | $255,000 | +2.0% | $213 / Sq Ft | View Prior Sale |
| 12/22/2022 12/22/22 | Pending | -- | -- | -- | |
| 11/11/2022 11/11/22 | For Sale | $250,000 | -- | $209 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $270,000 | None Listed On Document | |
| Warranty Deed | $270,000 | None Listed On Document | |
| Warranty Deed | $255,000 | -- | |
| Warranty Deed | $255,000 | None Listed On Document | |
| Warranty Deed | $185,000 | Diamond Title Agency Inc | |
| Warranty Deed | $145,000 | Attorney | |
| Warranty Deed | $118,000 | Attorney | |
| Special Warranty Deed | $81,000 | Attorney | |
| Trustee Deed | -- | None Available | |
| Special Warranty Deed | $163,100 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $175,000 | New Conventional | |
| Closed | $175,000 | New Conventional | |
| Previous Owner | $204,000 | New Conventional | |
| Previous Owner | $188,237 | New Conventional | |
| Previous Owner | $130,500 | New Conventional | |
| Previous Owner | $30,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $72,900 | New Conventional | |
| Previous Owner | $130,475 | New Conventional |
Source: Central Panhandle Association of REALTORS®
MLS Number: 784103
APN: 40000-100-058
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Ask me questions while you tour the home.