NOT LISTED FOR SALE

616 Cape Cod Dr Panama City Beach, FL 32407

Estimated Value: $187,716 - $239,000

3 Beds
2 Baths
1,225 Sq Ft
2006 Built

Sale Details

Date Sold: March 17, 2021

Last sale price $152,900 $125 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $1,384 / mo

2 Days on Market

Highlights

  • Gated Community
  • Community Pool
  • Community Playground
  • Clubhouse
  • Living Room
  • Park

About This Home

As of March 2021

Discounted deal on a Nautilus Cove condo that needs a little tender love and care. Split floorplan with three bedrooms, two bathrooms. Laminate wood floors in the living area, ceramic tile in the bathrooms. Just minutes from shopping , dining, and attractions at Pier Park and only 3/4 mile from the beach. Community offers a lagoon style pool, fitness center, BBQ pit, playground and a club house for entertaining. Unit includes one reserved parking space.

Last Agent to Sell the Property

Chad Wade

Chad Wade License #BK3422302 Listed on: 02/11/2021

Last Buyer's Agent

Carrie Redd

Beachy Beach Real Estate

Beachy Beach Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $598

Year Built

  • Built in 2006

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • Ceiling Fan
  • Living Room
  • Dining Room

Kitchen

  • Built-In Electric Range
  • Plumbed For Ice Maker

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

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

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

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Community Playground
  • Community Pool
  • Park

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$598

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
  • Subdivision Name: Nautilus Cove Condo
  • Architectural Style: Low Rise
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Built-In Electric Range, Dryer, Exhaust Fan, Electric Water Heater, Plumbed For Ice Maker, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Dining Room Type: Bedroom, Dining Room, Living Room, Primary Bedroom

Exterior Features

  • Pool Features: Community
  • Waterfront: No
  • Exterior Features: Barbecue
  • Roof: Composition, Other, Shingle

Garage/Parking

  • Garage: No
  • Attached Garage: No

Utilities

  • Utilities: Cable Connected, Electricity Available, High Speed Internet Available, Water Connected
  • Security Features: Gated Community
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Central, Electric
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Green Building Features: Dumpster
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Playground, Park, Pool, Barbecue, Gated, Home Owners Association
  • Amenities: Other, See Remarks, Gated, Barbecue
  • Association: Yes

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Land Lease: No
  • Mobile Dim Units: Feet
  • Zoning Description: Resid Single Family

Multi Family

  • Number Of Units Furnished: None

Tax Info

  • Tax Annual Amount: 598.0
  • Tax Year: 2020

MLS Schools

  • Elementary School: Hutchison Beach
  • High School: Arnold

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
Feb 11, 2021
Closed on
Mar 17, 2021
Sold by
Bought by
Seller's Agent
Chad Wade
Chad Wade
Buyer's Agent
Carrie Redd
Beachy Beach Real Estate
List Price
$254,900
Sold Price
$152,900
Premium/Discount to List
-$102,000
-40.02%
Current Estimated Value
$219,179

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,279
Avg. Annual Appreciation
7.00%
Original Mortgage
$150,000
Outstanding Balance
$133,545
Interest Rate
2.7%
Mortgage Type
Balloon
Estimated Equity
$85,634

Purchase Details

Closed on
Jun 4, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,920
Interest Rate
6.16%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
$152,900 Setco Services Llc
$169,900 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 $150,000
Previous Owner $135,920
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
04/24/2025 04/24/25 Off Market $152,900 -- --
07/05/2022 07/05/22 Off Market $152,900 -- --
03/17/2021 03/17/21 Sold $152,900 -40.0% $125 / Sq Ft
02/12/2021 02/12/21 Pending -- -- --
02/10/2021 02/10/21 For Sale $254,900 -- $208 / Sq Ft
Source: Central Panhandle 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 $2,480 $182,750 -- $182,750
2024 $2,526 $185,130 -- --
2023 $2,526 $168,300 $0 $225,250
2022 $1,874 $153,000 $0 $153,000
2021 $647 $66,101 $0 $0
2020 $598 $119,000 $0 $0
2019 $578 $107,525 $0 $0
2018 $581 $62,534 $0 $0
2017 $419 $61,248 $0 $0
2016 $383 $59,988 $0 $0
2015 $393 $59,571 $0 $0
2014 $389 $59,098 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    Chad Wade

    Chad Wade

    Section Image
  • Carrie Redd

    Buyer's Agent in 2021

    Carrie Redd

    Beachy Beach Real Estate

    (850) 866-6410

    59 Total Sales

    Carrie Redd
    Section Image
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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 707741

Central Panhandle Association of REALTORS®

APN: 40000-100-073

Florida Bay County Panama City Beach 32407

616 Cape Cod Dr, Panama City Beach, FL

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.

Central Panhandle Association of REALTORS® 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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