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601 Cape Cod Drive NA, Panama City Beach, FL 32407

$235,000
Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,195 Status: Active
Current Price: $235,000 List Date: 1/23/2026 Last Modified: 6/17/2026

Overview

Description

ACTIVE SHORT-TERM RENTAL GROSSING OVER $36K LAST YEAR! Turnkey, fully furnished, and ready to earn! 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, desirable location, and low-maintenance lifestyle, this property offers multiple income-producing options for savvy investors. Sold fully furnished and rental-ready, this first-floor unit makes owning at the beach easy from day one. Inside, you'll find a bright, open layout with stainless steel appliances, granite countertops, updated bathroom vanities, and durable flooring throughout--ideal for beach life and guests alike. The bedrooms are generously sized, providing comfortable accommodations for vacationers, seasonal residents, or long-term tenants. Nautilus Cove is centrally located in Panama City Beach, just minutes from the white-sand beaches, dining, shopping, and entertainment. Community ...

Supplements: Whether you're looking for a vacation home, an income-producing property, or a flexible investment with strong short-, mid-, and long-term rental potential, this condo checks all the boxes. Beach days, rental income, and hassle-free ownership--this is PCB living done right!

Listing Details MLS# 993611

Contract Info

List Price/SqFt
196.65
Listing Board
Emerald Coast

Location Tax and Legal

Area
27 - Bay County
Street #
601
Street Name
Cape Cod
Street Suffix
Drive
State
FL
Zip Code
32407
County
Bay
Project Name/Subdivision
NAUTILUS COVE CONDO
Parcel ID
40000-100-058

General Property Info

Sub-Type
Condominium
Design
N/A
Apx SqFt(Htd/Cooled)
1195
SqFt Source
County PA Records
Full Baths
2
Total Bathrooms
2
Stories In Unit
Yes
Unit Floors Above Ground
Yes
Year Built
2006
Immediate Occupancy
Yes
Garage
No
Carport
No
Assigned Spaces
Yes
userdefined76
Yes
Pool
Yes
Pool Type
Community

Location, Tax and Legal

Unit #
NA
Sub Area
2721 - Beach - North Central
Elementary School
Hutchinson Beach
Middle School
Surfside
High School
Arnold
Legal Description
NAUTILUS COVE CONDO PHASE 5 UNIT 601 ORB 2832 P 523 1ST FLOOR 3BR/2BA ORB 4434 P 1565 1195 SQ.FT.

Listing Info, Tax & Legal

Is Subject Leased
No
Assessment Fees
Yes
Assessment Amount
1508
Annual Assessment Amount
6032
Assessment Paid
Quarterly
New Buyer Fee
No
Brokerage Interest
No Interest
As Is
Yes

More Information

Remarks & Misc

Remarks
ACTIVE SHORT-TERM RENTAL GROSSING OVER $36K LAST YEAR! Turnkey, fully furnished, and ready to earn! 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, desirable location, and low-maintenance lifestyle, this property offers multiple income-producing options for savvy investors. Sold fully furnished and rental-ready, this first-floor unit makes owning at the beach easy from day one. Inside, you'll find a bright, open layout with stainless steel appliances, granite countertops, updated bathroom vanities, and durable flooring throughout--ideal for beach life and guests alike. The bedrooms are generously sized, providing comfortable accommodations for vacationers, seasonal residents, or long-term tenants. Nautilus Cove is centrally located in Panama City Beach, just minutes from the white-sand beaches, dining, shopping, and entertainment. Community amenities include a resort-style pool, fitness center, playground, and gated entry--everything guests, residents, and owners love.

Construction Status

Construction Complete
Yes

Project Facilities

BBQ Pit/Grill
Yes
Dumpster
Yes
Gated Community
Yes
Playground
Yes
Pool
Yes
Short Term Rental - Allowed
Yes

Construction/Siding

Roof Composite Shngl
Yes
Stucco
Yes

Utilities

Electric
Yes
Public Sewer
Yes
Public Water
Yes

Interior

Breakfast Bar
Yes
Floor Tile
Yes
Floor Vinyl
Yes
Furnished - All
Yes
Owner's Closet
Yes
Pantry
Yes
Window Treatment All
Yes

Financing

Conventional
Yes
FHA
Yes
VA
Yes

Appliances

Cooktop
Yes
Dishwasher
Yes
Disposal
Yes
Dryer
Yes
Microwave
Yes
Refrigerator
Yes
Stove/Oven Electric
Yes
Washer
Yes

Energy

AC - Central Elect
Yes
Ceiling Fans
Yes
Heat Cntrl Electric
Yes
Water Heater - Elect
Yes

Mstr Bdrm/Mstr Bath

MBath Tile
Yes
MBed First Floor
Yes

Master Bedroom

First
Yes

Bedroom

First
Yes

Kitchen

First
Yes

Full Bathroom

First
Yes

Rooms

Bedroom
Yes
Full Bathroom
Yes
Kitchen
Yes
Master Bedroom
Yes

Fees Include

Accounting
Yes
Ground Keeping
Yes
Management
Yes
Recreational Faclty
Yes
Sewer
Yes
Trash
Yes

Property Features

Construction Status: Construction Complete Project Facilities: BBQ Pit/Grill; Dumpster; Gated Community; Playground; Pool; Short Term Rental - Allowed Interior: Breakfast Bar; Floor Tile; Floor Vinyl; Furnished - All; Owner's Closet; Pantry; Window Treatment All Appliances: Cooktop; Dishwasher; Disposal; Dryer; Microwave; Refrigerator; Stove/Oven Electric; Washer Utilities: Electric; Public Sewer; Public Water Energy: AC - Central Elect; Ceiling Fans; Heat Cntrl Electric; Water Heater - Elect Master Bedroom: First Bedroom: First Kitchen: First Full Bathroom: First Rooms: Bedroom; Full Bathroom; Kitchen; Master Bedroom Financing: Conventional; FHA; VA Fees Include: Accounting; Ground Keeping; Management; Recreational Faclty; Trash

Room Information

Room Name Level Dimensions Length Width
Master Bedroom First 12 x 12 12.00 12.00
Bedroom First 11.7 x 10.9 11.70 10.90
Bedroom First 10.1 x 11.9 10.10 11.90
Kitchen First 8 x 6 8.00 6.00
Full Bathroom First 0 x 0 0.00 0.00
Listing Office: EXP Realty LLC
Last Updated: June - 17 - 2026
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.