For Sale
Condo for sale at 601 Cape Cod Dr, Panama City Beach, FL 32407 | MLS# 784103 | Listing updated on 2026-10-06
Photo 1 of Condo for sale at 601 Cape Cod Dr, Panama City Beach, FL 32407 | MLS# 784103 | Listing updated on 2026-10-06
Photo 2 of Condo for sale at 601 Cape Cod Dr, Panama City Beach, FL 32407 | MLS# 784103 | Listing updated on 2026-10-06
Photo 3 of Condo for sale at 601 Cape Cod Dr, Panama City Beach, FL 32407 | MLS# 784103 | Listing updated on 2026-10-06
Photo 4 of Condo for sale at 601 Cape Cod Dr, Panama City Beach, FL 32407 | MLS# 784103 | Listing updated on 2026-10-06
25+
Beds Icon

Street View

$225,000

Monthly Est:$1,120

  • Beds Icon3 Beds
  • Beds Icon
    2 Baths
  • Beds Icon1,195sqft

601 Cape Cod Dr, Panama City Beach, FL 32407

$1,120/moEst:

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  • Condominium

  • Built in 2006

  • $502.67/mo HOA

  • -- sqft lot

  • $188/sq.ft

Description

MOTIVATED SELLER! $10K PRICE REDUCTION! ACTIVE SHORT-TERM RENTAL GROSSING OVER $36,000 LAST YEAR and over $30,000 to date for 2026. Don't miss this incredible opportunity to own a turnkey, fully furnished income-producing property just minutes from the sugar-white sands of Panama City Beach.

This 3-bedroom, 2-bath condo in the gated Nautilus Cove community is the perfect beach getaway, short-term rental investment, or mid- to long-term rental opportunity. With its spacious layout, unbeatable location, and low-maintenance lifestyle, this property offers multiple ways to generate income while enjoying everything the Emerald Coast has to offer.

Sold fully furnished a
nd rental-ready, this desirable first-floor unit is ready to start producing income from day one. Inside, you'll find a bright, open floor plan featuring stainless steel appliances, granite countertops, updated bathroom vanities, and durable flooring throughout--designed for easy maintenance and guest appeal. The spacious bedrooms provide comfortable accommodations for vacationers, snowbirds, or long-term tenants.

Residents and guests enjoy resort-style amenities including a gated entrance, beautiful swimming pool, fitness center, and playground. Conveniently located near Panama City Beach's world-famous beaches, Pier Park, restaurants, shopping, and entertainment, this location continues to attract visitors year-round.

Whether you're looking to expand your investment portfolio, purchase a vacation retreat that pays for itself, or secure a property with excellent short-, mid-, and long-term rental flexibility, this condo is a standout opportunity.

Motivated seller, closing cost assistance, proven rental history, and fully turnkey--schedule your showing today before this opportunity is gone!

  • Houzeo last checked: 8 minutes ago
  • Listing updated: October 6, 2026 at 6:41 pm
  • Listing Provided by: Melissa A Haworth (469) 658-2869 DRE #SL3481018 | EXP Realty LLC (888) 883-8509
  • Source: Bay/Panama City/Central Panhandle MLS-FL | MLS#: 784103 Bay/Panama City/Central Panhandle MLS-FL

This condo is in:

Property Details

  • Status

    Active

  • Type

    Condominium

  • No. of Stories

    -

  • County

    Bay County

  • City

    Panama City Beach

  • Neighborhood

    --

  • Year Built

    2006

  • HOA Fees

    $502.67/mo

  • Finished Area

    1,195 sqft

  • Lot Size

    -- sqft lot

  • Basement Area

    - sqft

  • MLS Name

    Bay/Panama City/Central Panhandle MLS

  • MLS Number

    784103

  • MLS Status

    Active

  • Days on Market

    280

  • Cumulative Days on Market

    256

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Location

HOA Management

N/A

HOA Fees

$1,508/ Quarterly

Amenities

Amenities and services may be covered by one or multiple associations and service providers.

Security Gate Security Gate

Maintenance Maintenance

Sewer Sewer

Water Water

Trash Pickup Trash Pickup

Insurance Insurance

Park Playground Park Playground

FitnessFacility FitnessFacility

Pools Pools

LegalAccounting LegalAccounting

AssociationManagement AssociationManagement

Disclaimer: Amenities are based on third-party information and may vary; buyers must independently verify all amenities, as information is deemed reliable but not guaranteed.

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 3

    Bathrooms: 2

  • Kitchen

    Level: First

    Area: 48.00 Square Feet

    Dimensions: 8 x 6

  • Bedroom

    Level: First

    Area: 120.19 Square Feet

    Dimensions: 10.1 x 11.9

  • Bedroom

    Level: First

    Area: 127.53 Square Feet

    Dimensions: 11.7 x 10.9

  • PrimaryBedroom

    Level: First

    Area: 144.00 Square Feet

    Dimensions: 12 x 12

Interior

  • Heating

    Central, Electric

  • Appliances

    Electric Cooktop, Electric Oven, Electric Water Heater

  • Interior Features

    Main Level Primary, Tub Shower

  • Cooling

    Central Air, Ceiling Fans

  • Sewer

    Public Sewer

Construction

  • Year Built

    Year Built: 2006

  • Home type

    Condominium

  • Architectural Style

    Low Rise

  • Roof

    Composition, Shingle

  • Construction Materials

    Stucco

Utilities & Energy

  • Utilities

    Electricity Available

  • Parking Features

    Paved

  • Pool Features

    Community

  • Association Amenities

    Gated

  • Security Features

    Gated Community

Other Features

  • Subdivision Name

    Nautilus Cove Condo

  • Lot Features

    Paved

  • Community Features

    Barbecue, Playground, Pool, Community Pool, Gated, Short Term Rental Allowed

Price History

DateEventPrice

09/03/2026

Source: mls_logoBay/Panama City/Central Panhandle MLS-FL #784103

Price Decreased

$225,000 -4.26%

$188/sqft

06/17/2026

Source: mls_logoBay/Panama City/Central Panhandle MLS-FL #784103

Price Decreased

$235,000 -1.67%

$197/sqft

05/29/2026

Source: mls_logoBay/Panama City/Central Panhandle MLS-FL #784103

Price Decreased

$239,000 -4.40%

$200/sqft

01/23/2026

Source: mls_logoBay/Panama City/Central Panhandle MLS-FL #784103

Listed for Sale

$250,000

$209/sqft

01/23/2026

Source: mls_logoBay/Panama City/Central Panhandle MLS-FL #784103

Price Increased

$250,000 +3.09%

$209/sqft

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Based on information from Central Panhandle Association of REALTORS® MLS through Oct 31, 2026, 08:00PM. 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. ©2026 Bay Central Panhandle Association of REALTORS®

Advertising Broker: Moe Mossa (Savvy Avenue) | Savvy Avenue, LLC

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