212 Cape Cod Drive, Panama City Beach, FL 32407 (MLS# 786375)

212 Cape Cod Drive, Panama City Beach, FL 32407

$229,900

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,225 Status: Active

Current Price: $229,900 List Date: 3/06/2026 Last Modified: 7/21/2026

Overview

Description

One of the best values for a 3-bedroom condo in Panama City Beach, this well-located 3BR/2BA second-floor residence in the gated community of Nautilus Cove offers strong appeal for both homeowners and investors. The property is currently leased with a tenant in place through June 30, 2026, providing immediate income and stability for an investment portfolio. Overlooking the resort-style pool, 212 Cape Cod Drive features a bright split-bedroom layout with a spacious living area and a well-appointed kitchen complete with granite countertops, wood cabinetry, stainless steel appliances, and a dedicated laundry room. Nautilus Cove provides desirable amenities including a clubhouse, fitness center, and playground, all within a central PCB location. Enjoy being just 5 minutes to Runaway Island and nearby beach access, 7 minutes to Pier Park, and right around the corner from Legacy Golf Club. ECP Airport is an easy 20-minute drive. With its prime location, community amenities, and rar … (Read more)

Listing Details MLS# 786375

Contract Info

List Price/SqFt: 187.67

Location

Area: 03 – Bay County – Beach
Street #: 212
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: 40000-100-021
Elementary School: Hutchison Beach
Middle School: Surfside
High School: Arnold
Directions: From Hathaway Bridge heading West on Back Beach Rd (Hwy 98), Pass Clara Ave intersection, Nautilus Cove Condo is on the Right. Enter gate and take a left, condo is on the right.
Legal Description: NAUTILUS COVE CONDO PHASE 3 UNIT 212 ORB 2959 P 1449 2ND FLOOR 3BR/2BA . 1225 SQ.FT.

General Property Info

Sub-Type: Condominium
Floor Number: 2
Design: Low-Rise (1-3 floors)
Apx SqFt(Htd/Cooled): 1225
SqFt Source: Prop App Site
Full Baths: 2
Total Baths: 2
Year Built: 2006
Immediate Occupancy: No
Construction Status: Construction Complete
New Construction: No
Garage Y/N: No
Lot Dimensions: 0x0
Pool: Yes
Pool Type: Community

Listing Info, Tax and Legal

Homestead: No
HOA Fee: Yes
HOA Amount: 1416
HOA Frequency: Quarterly
HOA Annual Amount: 5664
Is Subject Leased: No
New Buyer Fee: No
Last Taxes: 2401
Last Tax Year: 2025
Brokerage Interest: No Interest
Condo Doc: Yes

Remarks & Misc

Remarks: One of the best values for a 3-bedroom condo in Panama City Beach, this well-located 3BR/2BA second-floor residence in the gated community of Nautilus Cove offers strong appeal for both homeowners and investors. The property is currently leased with a tenant in place through June 30, 2026, providing immediate income and stability for an investment portfolio. Overlooking the resort-style pool, 212 Cape Cod Drive features a bright split-bedroom layout with a spacious living area and a well-appointed kitchen complete with granite countertops, wood cabinetry, stainless steel appliances, and a dedicated laundry room. Nautilus Cove provides desirable amenities including a clubhouse, fitness center, and playground, all within a central PCB location. Enjoy being just 5 minutes to Runaway Island and nearby beach access, 7 minutes to Pier Park, and right around the corner from Legacy Golf Club. ECP Airport is an easy 20-minute drive. With its prime location, community amenities, and rare 3-bedroom floor plan, this condo presents an excellent opportunity for long-term rental income, a low-maintenance second home, or a smart addition to an investment portfolio – while still offering exceptional value in today's market.

Pool Features

Inground: Yes

More Information

Appliances

Dishwasher: Yes
Microwave: Yes
Range – Electric: Yes
Refrigerator: Yes
Water Heater – Electric: Yes

Interior Features

Breakfast Bar: Yes
Ceiling – Vaulted: Yes
Split Bedroom: Yes

Association Fees Include

Accounting: Yes
Community Room: Yes
Dumpster: Yes
Gated Community: Yes
Ground Keeping: Yes
Legal: Yes
Pest Control: Yes
Picnic Area: Yes
Playground: Yes
Pool: Yes
Security: Yes
Trash Disposal: Yes

Financing

Cash: Yes
Conventional: Yes
FHA: Yes
VA: Yes

Furnished

Unfurnished: Yes

Interior

Floor – Carpet: Yes

Lot Access

Paved Road: Yes

Parking Features

Additional Parking: Yes
Assigned: Yes

Present Zoning

Resid Multi-Family: Yes

Association Amenities

Community Room: Yes
Dumpster: Yes
Exercise Room: Yes
Gated Community: Yes
Picnic Area: Yes
Playground: Yes
Pool: Yes

Rooms

Bedroom: Yes
Primary Bedroom: Yes

Utilities

Electricity – Connected: Yes
Garbage: Yes
Internet – Broadband Available: Yes
Public Sewer – Connected: Yes
Public Water – Connected: Yes

Primary Bedroom

Second: Yes

Bedroom

Second: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes
Electric: Yes

Heating

Central: Yes
Electric: Yes

Primary Bdrm/Primary Bath

MBath Walk-In Closet: Yes

Primary Bath/Primary Bdrm

MBath Shower/Tub Combo: Yes

Security Features

Gated Community: Yes

Property Features

Appliances: Dishwasher; Microwave; Range – Electric; Refrigerator; Water Heater – Electric Primary Bedroom: Second Bedroom: Second Cooling: Ceiling Fan(s); Central Air; Electric Heating: Central; Electric Association Fees Include: Accounting; Community Room; Dumpster; Gated Community; Legal; Ground Keeping; Pest Control; Picnic Area; Playground; Pool; Security; Trash Disposal Financing: Cash; Conventional; FHA; VA Furnished: Unfurnished Interior: Floor – Carpet Lot Access: Paved Road Pool Features: Inground Security Features: Gated Community Parking Features: Additional Parking; Assigned Association Amenities: Community Room; Dumpster; Exercise Room; Gated Community; Picnic Area; Playground; Pool Rooms: Bedroom; Primary Bedroom Utilities: Electricity – Connected; Garbage; Internet – Broadband Available; Public Sewer – Connected; Public Water – Connected Present Zoning: Resid Multi-Family

Room Information

Room Name	Level	Dimensions	Length	Width	Remarks
Primary Bedroom	Second	14 x 12	14.00	12.00	Measurements approximate, verify if important
Bedroom	Second	12 x 12	12.00	12.00	Measurements approximate, verify if important
Bedroom	Second	12 x 10	12.00	10.00	Measurements approximate, verify if important

Listing Office: CENTURY 21 Ryan Realty Inc

Last Updated: July – 21 – 2026

Information deemed reliable but not guaranteed.