601 Cape Cod Drive NA
Panama City Beach, FL 32407
$225,000
Active
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.
Listing details MLS# 993611
Location, Tax and Legal
- Area
- 27 - Bay County
- Sub area
- 2721 - Beach - North Central
- Subdivision
- NAUTILUS COVE CONDO
- County
- Bay
- Parcel ID
- 40000-100-058
- Legal description
- NAUTILUS COVE CONDO PHASE 5 UNIT 601 ORB 2832 P 523 1ST FLOOR 3BR/2BA ORB 4434 P 1565 1195 SQ.FT.
General Property Info
- Property type
- Residential
- Year built
- 2006
- New construction
- No
- Condition
- Construction Complete
Interior
- Bedrooms
- 3
- Bathrooms
- 2
- Full baths
- 2
- Half baths
- 0
- Building area
- 1195
- Heating
- Central
- Cooling
- Ceiling Fans, Central Air
- Flooring
- Floor Tile, Floor Vinyl
- Interior features
- Breakfast Bar, Owner's Closet, Pantry
- Appliances
- Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove/Oven Electric, Washer, Water Heater - Elect
- Total rooms
- 5
Exterior and Site
- Construction
- Stucco
- Roof
- Roof Composite Shngl
- Pool
- No
- Pool features
- Pool Type
Utilities
- Utilities
- Electric, Public Water
- Sewer
- Public Sewer
Schools
- Elementary
- Hutchinson Beach
- Middle school
- Surfside
- High school
- Arnold
Association and Fees
- Association
- Yes
- Association fee
- 1508
- Fee frequency
- Quarterly
- Fee includes
- Accounting, Ground Keeping, Management, Recreational Faclty, Sewer, Trash
Remarks and Misc
- Directions
- Travel west on Highway 98. Nautilus Cove is on the right side of the Highway just after the golf course.
