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$250,000
601 Cape Cod Drive NA
Panama City Beach, FL 32407
MLS# 993611
3 beds  |  2 baths  |  1195 sqft


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Property 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 and short-term rental investment. 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.

Details
Contract Info
Listing Board: Emerald Coast
List Price/SqFt: 209.21
List Date: 2026-01-23
Current Price: $250,000
List Price: $250,000
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.
General Property Info
Sub-Type: Condominium
Design: N/A
SqFt Source: County PA Records
Stories In Unit: 1
Unit Floors Above Ground: 1
Immediate Occupancy: Yes
Garage: No
Carport: No
Assigned Spaces: 1
Pool: Yes
Pool Type: Community
Apx SqFt(Htd/Cooled): 1195
Bedrooms: 3
Full Baths: 2
Total Bathrooms: 2
Year Built: 2006
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
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 and short-term rental investment. 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.
Construction Status
Construction Complete: 1
Project Facilities
BBQ Pit/Grill: 1
Dumpster: 1
Gated Community: 1
Playground: 1
Pool: 1
Short Term Rental - Allowed: 1
Construction/Siding
Roof Composite Shngl: 1
Stucco: 1
Utilities
Electric: 1
Public Sewer: 1
Public Water: 1
Interior
Breakfast Bar: 1
Floor Tile: 1
Floor Vinyl: 1
Furnished - All: 1
Owner's Closet: 1
Pantry: 1
Window Treatment All: 1
Financing
Conventional: 1
FHA: 1
VA: 1
Appliances
Cooktop: 1
Dishwasher: 1
Disposal: 1
Dryer: 1
Microwave: 1
Refrigerator: 1
Stove/Oven Electric: 1
Washer: 1
Energy
AC - Central Elect: 1
Ceiling Fans: 1
Heat Cntrl Electric: 1
Water Heater - Elect: 1
Mstr Bdrm/Mstr Bath
MBath Tile: 1
MBed First Floor: 1
Master Bedroom
First: 1
Bedroom
First: 1
Kitchen
First: 1
Full Bathroom
First: 1
Rooms
Bedroom: 1
Full Bathroom: 1
Kitchen: 1
Master Bedroom: 1
Fees Include
Accounting: 1
Ground Keeping: 1
Management: 1
Recreational Faclty: 1
Sewer: 1
Trash: 1
Status Change Info
Status: Active
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
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
Supplements
The bedrooms are generously sized, offering comfortable accommodations for family, friends, or vacation renters. 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 entryeverything guests (and owners) love. Whether you're looking for a vacation home, income-producing property, or both, this condo checks all the boxes. Beach days, rental income, and low-maintenance livingthis is PCB living done right!
Room Information
Room Name Level Dimensions Length Width Dimensions
Master BedroomFirst12 x 1212.0012.0012 x 12
BedroomFirst11.7 x 10.911.7010.9011.7 x 10.9
BedroomFirst10.1 x 11.910.1011.9010.1 x 11.9
KitchenFirst8 x 68.006.008 x 6
Full BathroomFirst0 x 00.000.000 x 0

Listing Office: EXP Realty LLC

Last Updated: March - 30 - 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.


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