601 Cape Cod Drive NA, Panama City Beach, FL 32407 (MLS# 993611)

Description

ACTIVE SHORT TERM RENTAL GROSSING OVER $36K LAST YEAR. Turnkey, fully furnished, and ready to earn! This 3-bedroom, 2-bath condo in the gated Nautilus Cove community is the perfect beach getaway and short-term rental investment. Sold fully furnished and rental-ready, this first-floor unit makes owning at the beach easy from day one. Inside, you'll find a bright, open layout with stainless steel appliances, granite countertops, updated bathroom vanities, and durable flooring throughout--ideal for beach life and guests alike.

Supplements: The bedrooms are generously sized, offering comfortable accommodations for family, friends, or vacation renters. Nautilus Cove is centrally located in Panama City Beach, just minutes from the white-sand beaches, dining, shopping, and entertainment. Community amenities include a resort-style pool, fitness center, playground, and gated entryeverything guests (and owners) love. Whether you're looking for a vacation home, income-producing property, or both, this condo checks all the boxes. Beach days, rental income, and low-maintenance livingthis is PCB living done right!

Contract Info

Listing Board: Emerald Coast List Price/SqFt: 202.93 List Date: 2026-01-23 Current Price: $242,500 List Price: $242,500

Location, Tax and Legal

Unit #: NA Sub Area: 2721 - Beach - North Central Elementary School: Hutchinson Beach Middle School: Surfside High School: Arnold Legal Description: NAUTILUS COVE CONDO PHASE 5 UNIT 601 ORB 2832 P 523 1ST FLOOR 3BR/2BA ORB 4434 P 1565 1195 SQ.FT.

General Property Info

Sub-Type: Condominium Design: N/A SqFt Source: County PA Records Stories In Unit: 1 Unit Floors Above Ground: 1 Immediate Occupancy: Yes Garage: No Carport: No Assigned Spaces: 1 Pool: Yes Pool Type: Community Apx SqFt(Htd/Cooled): 1195 Bedrooms: 3 Full Baths: 2 Total Bathrooms: 2 Year Built: 2006

Listing Info, Tax & Legal

Is Subject Leased: No Assessment Fees: Yes Assessment Amount: 1508 Annual Assessment Amount: 6032 Assessment Paid: Quarterly New Buyer Fee: No Brokerage Interest: No Interest As Is: Yes

Remarks & Misc

Remarks: ACTIVE SHORT TERM RENTAL GROSSING OVER $36K LAST YEAR. Turnkey, fully furnished, and ready to earn! This 3-bedroom, 2-bath condo in the gated Nautilus Cove community is the perfect beach getaway and short-term rental investment. Sold fully furnished and rental-ready, this first-floor unit makes owning at the beach easy from day one. Inside, you'll find a bright, open layout with stainless steel appliances, granite countertops, updated bathroom vanities, and durable flooring throughout--ideal for beach life and guests alike.

Construction Status

Construction Complete: 1

Project Facilities

BBQ Pit/Grill: 1 Dumpster: 1 Gated Community: 1 Playground: 1 Pool: 1 Short Term Rental - Allowed: 1

Construction/Siding

Roof Composite Shngl: 1 Stucco: 1

Utilities

Electric: 1 Public Sewer: 1 Public Water: 1

Interior

Breakfast Bar: 1 Floor Tile: 1 Floor Vinyl: 1 Furnished - All: 1 Owner's Closet: 1 Pantry: 1 Window Treatment All: 1

Financing

Conventional: 1 FHA: 1 VA: 1

Appliances

Cooktop: 1 Dishwasher: 1 Disposal: 1 Dryer: 1 Microwave: 1 Refrigerator: 1 Stove/Oven Electric: 1 Washer: 1

Energy

AC - Central Elect: 1 Ceiling Fans: 1 Heat Cntrl Electric: 1 Water Heater - Elect: 1

Mstr Bdrm/Mstr Bath

MBath Tile: 1 MBed First Floor: 1

Master Bedroom

First: 1

Bedroom

First: 1

Kitchen

First: 1

Full Bathroom

First: 1

Rooms

Bedroom: 1 Full Bathroom: 1 Kitchen: 1 Master Bedroom: 1

Fees Include

Accounting: 1 Ground Keeping: 1 Management: 1 Recreational Faclty: 1 Sewer: 1 Trash: 1

Status Change Info

Status: Active

Location Tax and Legal

Area: 27 - Bay County Street #: 601 Street Name: Cape Cod Street Suffix: Drive State: FL Zip Code: 32407 County: Bay Project Name/Subdivision: NAUTILUS COVE CONDO Parcel ID: 40000-100-058

Property Features

Construction Status: Construction Complete Project Facilities: BBQ Pit/Grill; Dumpster; Gated Community; Playground; Pool; Short Term Rental - Allowed Interior: Breakfast Bar; Floor Tile; Floor Vinyl; Furnished - All; Owner's Closet; Pantry; Window Treatment All Appliances: Cooktop; Dishwasher; Disposal; Dryer; Microwave; Refrigerator; Stove/Oven Electric; Washer Utilities: Electric; Public Sewer; Public Water Energy: AC - Central Elect; Ceiling Fans; Heat Cntrl Electric; Water Heater - Elect Master Bedroom: First Bedroom: First Kitchen: First Full Bathroom: First Rooms: Bedroom; Full Bathroom; Kitchen; Master Bedroom Financing: Conventional; FHA; VA Fees Include: Accounting; Ground Keeping; Management; Recreational Faclty; Trash

Room Information

Master Bedroom Level: First Dimensions: 12 x 12 Length: 12.00 Width: 12.00 Dimensions: 12 x 12 Bedroom Level: First Dimensions: 11.7 x 10.9 Length: 11.70 Width: 10.90 Dimensions: 11.7 x 10.9 Bedroom Level: First Dimensions: 10.1 x 11.9 Length: 10.10 Width: 11.90 Dimensions: 10.1 x 11.9 Kitchen Level: First Dimensions: 8 x 6 Length: 8.00 Width: 6.00 Dimensions: 8 x 6 Full Bathroom Level: First Dimensions: 0 x 0 Length: 0.00 Width: 0.00 Dimensions: 0 x 0