608 Cape Cod Drive, Panama City Beach, FL 32407 (MLS# 791228)

608 Cape Cod Drive, Panama City Beach, FL 32407

$209,900

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,195 Status: Active

Current Price: $209,900 List Date: 6/12/2026 Last Modified: 9/22/2026

Overview

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, … (Read more)

Listing Details MLS# 791228

Contract Info

List Price/SqFt: 175.65

Location

Area: 03 – Bay County – Beach
Street #: 608
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: 40000-100-065
Elementary School: Hutchison Beach
Middle School: Surfside
High School: Arnold
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..
Legal Description: NAUTILUS COVE CONDO PHASE 5 UNIT 608 ORB 2832 P 523 1ST FLOOR 3BR/2BA ORB 4553 P 510 1195 SQ.FT.

General Property Info

Sub-Type: Condominium
Floor Number: Yes
Design: Low-Rise (1-3 floors)
Apx SqFt(Htd/Cooled): 1195
SqFt Source: Prop App Site
Full Baths: 2
Total Baths: 2
Accessory Dwelling Unit: No
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
Senior Community: No
Is Subject Leased: No
New Buyer Fee: No
Last Taxes: 2609
Last Tax Year: 2025
Brokerage Interest: No Interest
As Is: Yes
Section: 21
Township: 3S
Range: 16W
Condo Doc: Yes

Remarks & Misc

Remarks: 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.

Pool Features

Gunite Concrete: Yes
Inground: Yes

More Information

Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Microwave: Yes
Range – Electric: Yes
Refrigerator: Yes
Washer: Yes
Water Heater – Electric: Yes

Interior Features

Breakfast Bar: Yes
Floor – Tile: Yes
Pantry: Yes
Split Bedroom: Yes
Window – Treatment All: Yes

Construction/Siding

Foundation – Slab on Grade: Yes
Wood/Frame: Yes
Roof – Dimensional Shg: Yes
Siding – Hardie Board: Yes

Association Fees Include

Accounting: Yes
Dumpster: Yes
Exercise Room: Yes
Gated Community: Yes
Ground Keeping: Yes
Management: Yes
Playground: Yes
Pool: Yes
Sewer: Yes
Water: Yes

Financing

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

Furnished

Unfurnished: Yes

Interior

Floor – Carpet: Yes

Lot Access

Paved Road: Yes

Parking Features

Assigned: Yes
Paved: Yes

Association Amenities

BBQ Pit/Grill: Yes
Dumpster: Yes
Exercise Room: Yes
Gated Community: Yes
Playground: Yes
Pool: Yes
Sidewalks: Yes

Rooms

Bedroom: Yes
Primary Bedroom: Yes

Utilities

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

Sale Type

As Is: Yes

Cooling

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

Heating

Central: Yes
Electric: Yes

Primary Bdrm/Primary Bath

MBed First Floor: Yes
MBed Walk-in Closet: Yes

Primary Bath/Primary Bdrm

MBath Shower/Tub Combo: Yes

Security Features

Gated Community: Yes

Property Features

Appliances: Dishwasher; Disposal; Dryer; Microwave; Range – Electric; Refrigerator; Washer; Water Heater – Electric Cooling: Ceiling Fan(s); Central Air; Electric Heating: Central; Electric Association Fees Include: Accounting; Dumpster; Exercise Room; Gated Community; Ground Keeping; Management; Playground; Pool; Sewer; Water Financing: Cash; Conventional; FHA; VA Furnished: Unfurnished Interior: Floor – Carpet Lot Access: Paved Road Pool Features: Gunite Concrete; Inground Security Features: Gated Community Parking Features: Assigned; Paved Association Amenities: BBQ Pit/Grill; Dumpster; Exercise Room; Gated Community; Playground; Pool; Sidewalks Rooms: Bedroom; Primary Bedroom Sale Type: As Is Utilities: Electricity – Connected; Public Sewer – Connected; Public Water – Connected

Room Information

Room Name	Dimensions	Length	Width
Primary Bedroom	12 x 12	12.00	12.00
Bedroom	11.7 x 10.9	11.70	10.90
Bedroom	10.1 x 11.9	10.10	11.90

Listing Office: Think Real Estate

Last Updated: September – 22 – 2026

Information deemed reliable but not guaranteed.