# 601 Cape Cod Drive, Panama City Beach, FL 32407 > **TL;DR:** 3bd/2ba condo, $225,000 ($188/sqft), built 2006, 1,195 sqft. > A/C. Est. $2,712/mo. Listed 282 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $225,000 | | Price/sqft | $188 | | Bedrooms | 3 | | Bathrooms | 2 full | | Square Feet | 1,195 | | Year Built | 2006 | | Property Type | Condo (Condominium) | | Status | Active | | Days on Market | 282 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $1,138 | | Estimated Insurance | $66 | | HOA | $1,508 | | **Total** | **$2,712** | ## Nearby Schools - **Elementary:** Hutchison Beach - **Middle:** Surfside - **High:** Arnold ## Key Amenities - A/C ## Property Highlights - Built in 2006 ## Description ### Agent 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! ## Location - **Address:** 601 Cape Cod Drive, Panama City Beach, FL 32407 - **County:** Bay - **Neighborhood:** Nautilus Cove Condo - **Coordinates:** 30.210588, -85.846486 - **Google Maps:** https://www.google.com/maps?q=30.210588,-85.846486 ## Listing Agent - **Name:** Melissa A Haworth · **License:** SL3481018 - **Brokerage:** EXP Realty LLC - **Broker Phone:** (888) 883-8509 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/601-Cape-Cod-Dr_Panama-City-Beach_FL_32407_M57256-02573?f=listhub&s=BCARFL&m=784103&c=propsimple) ## Photos ![601 Cape Cod Drive - Photo 1](http://lh.rdcpix.com/e4892d055ffb16027e599b801fba0f1el-f2821097634r.jpg) ![601 Cape Cod Drive - Photo 2](http://lh.rdcpix.com/e4892d055ffb16027e599b801fba0f1el-f2656748951r.jpg) ![601 Cape Cod Drive - Photo 3](http://lh.rdcpix.com/e4892d055ffb16027e599b801fba0f1el-f2352601388r.jpg) ![601 Cape Cod Drive - Photo 4](http://lh.rdcpix.com/e4892d055ffb16027e599b801fba0f1el-f3840179842r.jpg) ![601 Cape Cod Drive - Photo 5](http://lh.rdcpix.com/e4892d055ffb16027e599b801fba0f1el-f1612849777r.jpg) ![601 Cape Cod Drive - Photo 6](http://lh.rdcpix.com/e4892d055ffb16027e599b801fba0f1el-f2054075248r.jpg) ![601 Cape Cod Drive - Photo 7](http://lh.rdcpix.com/e4892d055ffb16027e599b801fba0f1el-f2253768916r.jpg) ![601 Cape Cod Drive - Photo 8](http://lh.rdcpix.com/e4892d055ffb16027e599b801fba0f1el-f1846386178r.jpg) ![601 Cape Cod Drive - Photo 9](http://lh.rdcpix.com/e4892d055ffb16027e599b801fba0f1el-f1831520713r.jpg) ![601 Cape Cod Drive - Photo 10](http://lh.rdcpix.com/e4892d055ffb16027e599b801fba0f1el-f2551686794r.jpg) ![601 Cape Cod Drive - Photo 11](http://lh.rdcpix.com/e4892d055ffb16027e599b801fba0f1el-f3218505241r.jpg) ![601 Cape Cod Drive - Photo 12](http://lh.rdcpix.com/e4892d055ffb16027e599b801fba0f1el-f3783818308r.jpg) ![601 Cape Cod Drive - Photo 13](http://lh.rdcpix.com/e4892d055ffb16027e599b801fba0f1el-f2723062703r.jpg) ![601 Cape Cod Drive - Photo 14](http://lh.rdcpix.com/e4892d055ffb16027e599b801fba0f1el-f1890341178r.jpg) ![601 Cape Cod Drive - Photo 15](http://lh.rdcpix.com/e4892d055ffb16027e599b801fba0f1el-f3285767854r.jpg) ![601 Cape Cod Drive - Photo 16](http://lh.rdcpix.com/e4892d055ffb16027e599b801fba0f1el-f4290821332r.jpg) ![601 Cape Cod Drive - Photo 17](http://lh.rdcpix.com/e4892d055ffb16027e599b801fba0f1el-f1565483064r.jpg) ![601 Cape Cod Drive - Photo 18](http://lh.rdcpix.com/e4892d055ffb16027e599b801fba0f1el-f1582622454r.jpg) ![601 Cape Cod Drive - Photo 19](http://lh.rdcpix.com/e4892d055ffb16027e599b801fba0f1el-f2098300924r.jpg) ![601 Cape Cod Drive - Photo 20](http://lh.rdcpix.com/e4892d055ffb16027e599b801fba0f1el-f616350545r.jpg) ![601 Cape Cod Drive - Photo 21](http://lh.rdcpix.com/e4892d055ffb16027e599b801fba0f1el-f1569165710r.jpg) ![601 Cape Cod Drive - Photo 22](http://lh.rdcpix.com/e4892d055ffb16027e599b801fba0f1el-f1175644553r.jpg) ![601 Cape Cod Drive - Photo 23](http://lh.rdcpix.com/e4892d055ffb16027e599b801fba0f1el-f869299288r.jpg) ![601 Cape Cod Drive - Photo 24](http://lh.rdcpix.com/e4892d055ffb16027e599b801fba0f1el-f1875668784r.jpg) ![601 Cape Cod Drive - Photo 25](http://lh.rdcpix.com/e4892d055ffb16027e599b801fba0f1el-f2451373407r.jpg) ![601 Cape Cod Drive - Photo 26](http://lh.rdcpix.com/e4892d055ffb16027e599b801fba0f1el-f737486190r.jpg) ![601 Cape Cod Drive - Photo 27](http://lh.rdcpix.com/e4892d055ffb16027e599b801fba0f1el-f1753969222r.jpg) ![601 Cape Cod Drive - Photo 28](http://lh.rdcpix.com/e4892d055ffb16027e599b801fba0f1el-f1782006910r.jpg) ![601 Cape Cod Drive - Photo 29](http://lh.rdcpix.com/e4892d055ffb16027e599b801fba0f1el-f1116668913r.jpg) --- **MLS#:** 784103 | **Updated:** 2026-10-29 **Source:** listhub *Copyright © 2026 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/601-cape-cod-drive-panama-city-beach-fl-32407-188e4db8fc054b0f947781584473807f) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/601-cape-cod-drive-panama-city-beach-fl-32407-188e4db8fc054b0f947781584473807f#listing", "url": "https://www.propertysimple.ai/listing/601-cape-cod-drive-panama-city-beach-fl-32407-188e4db8fc054b0f947781584473807f", "name": "601 Cape Cod Drive, Panama City Beach, FL 32407", "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. 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