- Overview
- Description
- Property Details
- Location
- HOA Management
- Facts & Features
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Street View
$225,000
Monthly Est:$1,120
3 Beds
- 2 Baths
2 full baths
1,195sqft
601 Cape Cod Dr, Panama City Beach, FL 32407
$225,000
$1,120/moEst:
Get Pre-Approved
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 and 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

This condo is in:
Property Details
Status
Active
Type
Condominium
No. of Stories
-
County
City
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
Maintenance
Sewer
Water
Trash Pickup
Insurance
Park Playground
FitnessFacility
Pools
LegalAccounting
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
| Date | Event | Price |
|---|---|---|
09/03/2026 Source: | Price Decreased | $225,000 -4.26% $188/sqft |
06/17/2026 Source: | Price Decreased | $235,000 -1.67% $197/sqft |
05/29/2026 Source: | Price Decreased | $239,000 -4.40% $200/sqft |
01/23/2026 Source: | Listed for Sale | $250,000 $209/sqft |
01/23/2026 Source: | 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®
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