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601 Cape Cod Dr

Panama City Beach FL 32413

3
2
1195 sq. ft.
Condo
Currently for sale - view listing

Overview

MOTIVATED SELLER! Seller offering $5,000 toward buyer's closing costs! 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!

Features

3 bedrooms
2 bathrooms
1195 sq. ft. floor area
Condo

Property history for 601 Cape Cod Dr

2024
Sold
$270,000
01 Feb 2024 by Shaunnah Whitely, of Realty One Group Emerald Coast
2019
Sold
$145,000
31 May 2019 by Lindy Bryan, of Beachy Beach Real Estate
2019
Sold
Undisclosed
31 May 2019

Happy sellers in Panama City Beach

79%
79% of sellers in Panama City Beach reported that their sale price either exceeded or met their price expectations.

Panama City Beach stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 18 reviews in Panama City Beach over the last 12 months.

Local market activity for 3 bedroom condos in Panama City Beach

In the last 12 months, 79 three-bedroom condos similar to 601 Cape Cod Dr, have been sold.

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