Address
608 Cape Cod Drive, Panama City Beach, FL
Price
$ 209,900
Property Attributes
- MLS#791228
- TypeCondos
- Listing Status Active
- CountyBay
- CityPanama City Beach
- Area03 - Bay County - Beach
- NeighborhoodNautilus Cove Condo
- Zip32407
- Style
- Year Built2006
- Taxes$ 2609
- Price$ 209,900
- Bedrooms3
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1195
Data Source:
Central Panhandle Association of REALTORS® (CPAR)
Property Description
PRICE IMPROVEMENT! STR-ALLOWABLE 3-BEDROOM NOW $209,900! Welcome to 608 Cape Cod Drive in Nautilus Cove, where opportunity meets affordability in one of Panama City Beach's desirable vacation-rental communities. This 3-bedroom, 2-bath condo is an approved short-term-rental-allowable unit, making it an excellent option for an investment property, vacation home, second home, or personal residence. At just $209,900, this is currently the lowest-priced 3-bedroom short-term-rental-allowable unit in Nautilus Cove, creating an exceptional opportunity for investors looking for an affordable entry into the Panama City Beach vacation-rental market. Nautilus Cove offers a convenient location near the sugar-white beaches and emerald waters of the Gulf, as well as restaurants, shopping, entertainment, and everything Panama City Beach has to offer. Community amenities include a pool, fitness area, and playground. Whether you're looking to generate rental income, have your own beach getaway, or enjoy the flexibility of a property that can serve multiple purposes, 608 Cape Cod deserves a look. Opportunities to purchase a 3-bedroom STR-allowable unit at this price point in Nautilus Cove are limited. Buyer to verify all information, including dimensions, HOA restrictions, rental rules, and current short-term-rental requirements.
| Elementary School | Middle School | High School |
|---|---|---|
| Hutchison Beach Elementary School | Surfside Middle School | Arnold High School |
| Price History | |
|---|---|
| 6/12/2026 | Listed $249,000 |
| 7/30/2026 | 4$239,000 |
| 9/22/2026 | 12$209,900 |
General Features
| Sewer | Public Sewer |
|---|---|
| Utilities | Electricity Available |
| Property Subtype | Condominium |
| Tax Year | 2025 |
| Community Features | Barbecue,Fitness Center,Playground,Pool,Community Pool,Gated,Short Term Rental Allowed |
| County | Bay |
| Property Type | Residential |
| HOA | true |
| Subdivision Name | Nautilus Cove Condo |
| Special Listing Conditions | Listed As-Is |
| Status | Active |
| Directions | Traveling West on US 98, take a right into Nautilus Cove just past Destiny Worship Center. Take a left upon entering the complex and follow around for approximately 0.2 miles. Unit is located on the back side of building 6.. |
| High School | Arnold |
| City | Panama City Beach |
| MLS Area | 03 - Bay County - Beach |
| Elementary School | Hutchison Beach |
| Land Lease Y/N | false |
| Tax Annual Amount | 2609 |
| Middle/Junior High School | Surfside |
| MLS Area Minor | 0321 - Beach - North Central |
| Standard Status | Active |
| Property Sub Type Additional | Condominium |
| Association Amenities | Gated |
| Occupancy Type | Vacant |
| Year Built | 2006 |
| Association Fee Includes | Association Management,Fitness Facility,Legal/Accounting,Maintenance Grounds,Playground,Pool(s),Sewer,Trash,Water |
| Heating | Central,Electric |
| Cooling | Central Air,Ceiling Fan(s) |
| Appliances | Electric Range,Electric Water Heater |
| Construction Materials | HardiPlank Type,Wood Frame |
| Attached Garage | false |
| Garage Y/N | false |
| Total Rooms | 3 |
| Full Baths | 2 |
| Architectural Style | Low Rise |
| HOA Fee | 1508 |
| Assoc Fee Paid Per | Quarterly |
| Pool Features | Gunite,In Ground,Community |
| Security Features | Gated Community |
| Building Features | Dumpster |
| New Construction | false |
| Senior Community Y/N | false |
| Roof | Shingle |
Interior Features
| Total Baths | 2 |
|---|---|
| Interior Amenities | Main Level Primary,Tub Shower,Walk-In Closet(s) |
| Furnished Units | None |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Total Bedrooms | 3 |
| LivingAreaSource | Appraiser |
Exterior Features
| Lot Features | Paved |
|---|---|
| Lot Dimensions | 0x0 |
| Parking Features | Paved |
| Building Area Total | 1195 |
| Waterfront Y/N | false |
| Foundation Details | Slab |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Pets
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Condos Average in 32407
Price
Taxes
Year Built
In The Neighborhood
Panama City Beach
$ 239,000
902 Lighthouse Road 902
Panama City Beach, FL 32407
- Type
- Condos
- Size
- 1,400 SqFt
- Rooms
- 4 Beds + 3 Baths
Panama City Beach
$ 185,000
213 Cape Cod Drive
Panama City Beach, FL 32407
- Type
- Condos
- Size
- 1,225 SqFt
- Rooms
- 3 Beds + 2 Baths
Panama City Beach
$ 219,000
616 Cape Cod Drive
Panama City Beach, FL 32407
- Type
- Condos
- Size
- 1,225 SqFt
- Rooms
- 3 Beds + 2 Baths
Panama City Beach
$ 195,000
901 Lighthouse Road
Panama City Beach, FL 32407
- Type
- Condos
- Size
- 1,400 SqFt
- Rooms
- 4 Beds + 3 Baths
Panama City Beach
$ 199,000
1402 Lighthouse Road
Panama City Beach, FL 32407
- Type
- Condos
- Size
- 1,400 SqFt
- Rooms
- 4 Beds + 3 Baths
Panama City Beach
$ 193,000
504 Lighthouse Road
Panama City Beach, FL 32407
- Type
- Condos
- Size
- 935 SqFt
- Rooms
- 2 Beds + 2 Baths
Panama City Beach
$ 285,000
101 Cape Cod Drive
Panama City Beach, FL 32407
- Type
- Condos
- Size
- 1,400 SqFt
- Rooms
- 4 Beds + 3 Baths
Panama City Beach
$ 285,000
101 Cape Cod Drive 101
Panama City Beach, FL 32407
- Type
- Condos
- Size
- 1,400 SqFt
- Rooms
- 4 Beds + 3 Baths
Panama City Beach
$ 187,000
514 Lighthouse Road
Panama City Beach, FL 32407
- Type
- Condos
- Size
- 965 SqFt
- Rooms
- 2 Beds + 2 Baths
Panama City Beach
$ 225,000
601 Cape Cod Drive
Panama City Beach, FL 32407
- Type
- Condos
- Size
- 1,195 SqFt
- Rooms
- 3 Beds + 2 Baths
Panama City Beach
$ 225,000
601 Cape Cod Drive Na
Panama City Beach, FL 32407
- Type
- Condos
- Size
- 1,195 SqFt
- Rooms
- 3 Beds + 2 Baths
Panama City Beach
$ 210,000
507 Lighthouse Road
Panama City Beach, FL 32407
- Type
- Condos
- Size
- 935 SqFt
- Rooms
- 2 Beds + 2 Baths
Emerald Coast Association of REALTORS®, Inc. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
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.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
