601 Cape Cod Drive Na, Panama City Beach, FL

$225,000

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3

Beds

2

Baths

1,195

Square feet

Description of 601 Cape Cod Drive Na

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!

Legal Description

NAUTILUS COVE CONDO PHASE 5 UNIT 601 ORB 2832 P 523 1ST FLOOR 3BR/2BA ORB 4434 P 1565 1195 SQ.FT.

Features of 601 Cape Cod Drive Na

MLS® # 993611
Price $225,000
Bedrooms 3
Bathrooms 2.00
Full Baths 2
Square Footage 1,195
Year Built 2006
Type Condominium
Sub-Type Condominium
Style N/A
Status Active

Community Information

Address 601 Cape Cod Drive Na
Area 27 - Bay County
Subdivision NAUTILUS COVE CONDO
City Panama City Beach
County Bay
State FL
Zip Code 32407

Amenities

Utilities Electric, Public Sewer, Public Water

Interior

Interior Features Breakfast Bar, Owner's Closet, Pantry
Appliances Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Electric Water Heater
Heating Central
Cooling Central Air, Ceiling Fan(s)

Exterior

Windows Window Treatments
Roof Composite Shngl
Construction Stucco

School Information

Elementary Hutchinson Beach
Middle Surfside
High Arnold

Listing Details

OfficeEXP Realty LLC

Price History for MLS #993611

Date Details Change
Price Reduced from $235,000 to $225,000 $10,000 (4.26%)
Price Reduced from $239,000 to $235,000 $4,000 (1.67%)
Price Reduced from $242,500 to $239,000 $3,500 (1.44%)
Price Reduced from $250,000 to $242,500 $7,500 (3.00%)

For more information call

(850) 325-0004

Listing Map

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