active Listed As-Is

601 Cape Cod Drive, Panama City Beach, FL 32407

$225,000

Reduced $25,000 from the original list price of $250,000

3Beds
2Baths
1,195Sq Ft
1Floor
2006Year Built
$502.67/moHOA
On site 230 days
See the full building guide Nautilus Cove →

Details

Fully furnished · Short-term rental allowed

HOA Dues Include

  • AssociationManagement
  • FitnessFacility
  • Insurance
  • LegalAccounting
  • MaintenanceGrounds
  • Playground
  • Pools
  • Sewer
  • Trash
  • Water

Nearby Schools

ElementaryHutchison Beach
MiddleSurfside
HighArnold

Property Details

stucco construction · paved parking · Currently tenant-occupied

About This Home

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!

Interior, Amenities & More

Interior Features: Main Level Primary, Tub Shower

Appliances: Electric Cooktop, Electric Oven, Electric Water Heater

Association Amenities: Gated

Pool: Community

Security: Gated Community

Heating: Central, Electric

Cooling: Central Air, Ceiling Fans

Architectural Style: Low Rise

Square Footage Source: Appraiser

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Ask About This Listing

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Call (850) 866-1149

Listed by Melissa A Haworth, EXP Realty LLC · melissa.haworth@exprealty.com

Equal Housing Opportunity
Equal Housing
Opportunity
Listing data provided by: Central Panhandle Association of Realtors (CPAR) Information deemed reliable but not guaranteed. The information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Brokerage: Century 21 AllPoints Realty, licensed real estate broker.