101 Cape Cod Drive, Panama City Beach, FL 32407 (MLS# 791961)

101 Cape Cod Drive, Panama City Beach, FL 32407

$299,000

Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 1,400 Status: Active

Current Price: $299,000 List Date: 6/27/2026 Last Modified: 7/14/2026

Overview

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.

Listing Details MLS# 791961

Contract Info

List Price/SqFt: 213.57

Location

Area: 03 – Bay County – Beach
Street #: 101
Street Name: Cape Cod
Street Suffix: Drive
State: FL
Zip Code: 32407
County: Bay
Sub Area: 0321 – Beach – North Central
Subdivision: Nautilus Cove Condo
Community/Resort: None
Waterfront: No
Parcel ID: 40000-100-001
Elementary School: Breakfast Point
Middle School: Breakfast Point
High School: Arnold
Directions: Located at PCB Pkwy and Nautilus Street.
Legal Description: NAUTILUS COVE CONDO PHASE 1 UNIT 101 ORB 2971 P 1413 1ST FLOOR 4BR/3BA ORB 4368 P 396 1400 SQ.FT.

General Property Info

Sub-Type: Condominium
Floor Number: Yes
Design: Low-Rise (1-3 floors)
Apx SqFt(Htd/Cooled): 1400
SqFt Source: Prop App Site
Full Baths: 3
Total Baths: 3
Year Built: 2006
Construction Status: Construction Complete
New Construction: No
Garage Y/N: No
Assigned Spaces: Yes
Lot Dimensions: 0x0
Pool: Yes
Pool Type: Community

Listing Info, Tax and Legal

HOA Fee: Yes
HOA Amount: 1508
HOA Frequency: Quarterly
HOA Annual Amount: 6032
New Buyer Fee: No
Last Tax Year: 2025
Brokerage Interest: No Interest
As Is: Yes
Condo Doc: Yes

Remarks & Misc

Remarks: 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.

Laundry

First: Yes

More Information

Appliances

Cooktop – Electric: Yes
Dishwasher: Yes
Dryer: Yes
Refrigerator: Yes
Washer: Yes

Construction/Siding

Siding – Hardie Board: Yes

Association Fees Include

Accounting: Yes
Gated Community: Yes
Ground Keeping: Yes
Management: Yes
Pool: Yes
Water: Yes

Furnished

Furnished: Yes

Living Room

First: Yes

Rooms

Bedroom: Yes
Laundry: Yes
Living Room: Yes
Primary Bedroom: Yes

Utilities

Electricity – Connected: Yes
Public Sewer – Connected: Yes
Public Water – Connected: Yes

Primary Bedroom

First: Yes

Bedroom

First: Yes

Cooling

Central Air: Yes

Heating

Central: Yes

Property Features

Appliances: Cooktop – Electric; Dishwasher; Dryer; Refrigerator; Washer Primary Bedroom: First Bedroom: First Cooling: Central Air Heating: Central Association Fees Include: Accounting; Gated Community; Ground Keeping; Management; Pool; Water Furnished: Furnished Living Room: First Laundry: First Rooms: Bedroom; Laundry; Living Room; Primary Bedroom Utilities: Electricity – Connected; Public Sewer – Connected; Public Water – Connected

Room Information

Room Name	Level	Dimensions	Length	Width
Bedroom	First	12 x 10	12.00	10.00
Living Room	First	14 x 14	14.00	14.00
Primary Bedroom	First	16 x 11	16.00	11.00
Laundry	First	7 x 4	7.00	4.00

Listing Office: Think Real Estate

Last Updated: July – 14 – 2026

Information deemed reliable but not guaranteed.