Address
101 Cape Cod Drive 101, Panama City Beach, FL
Price
$ 285,000
Property Attributes
  • MLS#1011493
  • TypeCondos
  • Listing Status Active
  • CountyBay
  • CityPanama City Beach
  • AreaBay County
  • NeighborhoodNautilus Cove Condo
  • Zip32407
  • StyleN-A
  • Year Built2006
  • Taxes$ 3011
  • Price$ 285,000
  • Bedrooms4
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage1400
Data Source:
Emerald Coast MLS (ECAR)
Property Description

Rare opportunity to own a spacious 4-bedroom, 3-bath condo in the highly desirable Nautilus Cove community, located just one mile from the sugar-white sands and emerald waters of the Gulf. This coveted first-floor unit is one of only a select few within the community that allows short-term rentals, making it an exceptional investment opportunity, second home, or full-time residence. Estimated rental projections range from $66,000 to $86,000 annually. The thoughtfully designed floor plan offers plenty of space for family and guests, while residents enjoy gated access and resort-style amenities, including a community pool, fitness center, clubhouse, and playground. Conveniently located near shopping, dining, entertainment, and Panama City Beach attractions, this property offers the perfect blend of coastal living, convenience, and income potential. If measurements deemed important, please verify.

Elementary School Middle School High School
Breakfast Point Elementary School Breakfast Point Middle School Arnold High School
Price History
9/7/2026 Listed $285,000

General Features

Utilities Electric,Public Water
Property Subtype Condominium
Community Features Short Term Rental - Allowed,Dumpster,Gated Community,Playground,Pool
County Bay
Property Type Residential
Subdivision Name Nautilus Cove Condo
Status Active
Directions Located at PCB Pkwy and Nautilus Street.
High School Arnold
City Panama City Beach
MLS Area 27 - Bay County
Lot Size Units Acres
Elementary School Breakfast Point
Middle/Junior High School Breakfast Point
MLS Area Minor 2721 - Beach - North Central
Standard Status Active
Sewer Public Sewer
Tax Assessed Value 1508
Heating Central
Cooling Central Air
Architectural Style N/A
Construction Materials Siding CmntFbrHrdBrd
Year Built 2006
Tax Year 2025
New Construction false
Total Rooms 7
Carport Y/N false
Property Condition Construction Complete
Association Fee Includes Accounting,Ground Keeping,Management,Water,Trash
Pool Features Pool Type
Unit Number 101
HOA true

Interior Features

Total Baths 3
Interior Amenities Breakfast Bar
Air Conditioning Y/N true
Heating Y/N true
Total Stories 2

Exterior Features

Building Area Total 1400
Total Parking 1

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
AVG $480K
$290K
Taxes
AVG $4,915
$3,011
Year Built
AVG 1998
2006

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