Price Changed

601 cape cod drive

Panama City Beach, FL 32407

$225,000

3 BEDS 2 BATHS
Residential - Condo
Price Changed
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Bedrooms 3
Total Baths 2
Status Active
MLS # 993611
County Bay
More Info
Category Residential - Condo
Status Active
MLS # 993611
County Bay
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!

Exterior Features

  • Style N/A
  • Construction Condo
  • Garage No
  • Sewer Public Sewer

Interior Features

  • Appliances Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove/Oven Electric, Washer, Water Heater - Elect
  • Heating Central
  • Year Built 2006

Neighborhood & Schools

  • Subdivision NAUTILUS COVE CONDO
  • Elementary School Hutchinson Beach
  • Middle School Surfside
  • High School Arnold

Financial Information

  • Parcel ID 40000-100-058

Listing Information

Listing Provided Courtesy of EXP Realty LLC
Emerald Coast Association of REALTORS
Listing data is current as of 09/09/2026.

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