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601 Cape Cod Drive NA, Panama City Beach, FL 32407

Panama City Beach, FL 32407
  • 3 Beds
  • 2 Baths
  • 1,195 Sq Ft
  • 2006 Built
  • MLS 993611

About this home

MOTIVATED SELLER! Seller offering $5,000 toward buyer's closing costs! ACTIVE SHORT-TERM RENTAL GROSSING OVER $36,000 LAST YEAR and over $30,000 to date for 2026. Don't miss this incredible opportunity to own a turnkey, fully furnished income-producing property just minutes from the sugar-white sands of Panama City Beach. This 3-bedroom, 2-bath condo in the gated Nautilus Cove community is the perfect beach getaway, short-term rental investment, or mid- to long-term rental opportunity. With its spacious layout, unbeatable location, and low-maintenance lifestyle, this property offers multiple ways to generate income while enjoying everything the Emerald Coast has to offer. Sold fully furnished and rental-ready, this desirable first-floor unit is ready to start producing income from day one. Inside, you'll find a bright, open floor plan featuring stainless steel appliances, granite countertops, updated bathroom vanities, and durable flooring throughout--designed for easy maintenance and guest appeal. The spacious bedrooms provide comfortable accommodations for vacationers, snowbirds, or long-term tenants. Residents and guests enjoy resort-style amenities including a gated entrance, beautiful swimming pool, fitness center, and playground. Conveniently located near Panama City Beach's world-famous beaches, Pier Park, restaurants, shopping, and entertainment, this location continues to attract visitors year-round. Whether you're looking to expand your investment portfolio, purchase a vacation retreat that pays for itself, or secure a property with excellent short-, mid-, and long-term rental flexibility, this condo is a standout opportunity. Motivated seller, closing cost assistance, proven rental history, and fully turnkey--schedule your showing today before this opportunity is gone!

Property details

Property typeCondominium
StatusActive
Area27 - Bay County
SubdivisionNAUTILUS COVE CONDO
CityPanama City Beach
CountyBay
Zip32407
StyleN/A
HOAYes

Interior

Total rooms5
Full baths2
Half baths0
AppliancesCooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Electric Water Heater
CoolingCentral Air, Ceiling Fan(s)
HeatingCentral
FlooringTile, Vinyl
Interior featuresBreakfast Bar, Owner's Closet, Pantry
FurnishedFurnished

Exterior & lot

RoofComposite Shngl

Schools

ElementaryHutchinson Beach
MiddleSurfside
HighArnold

Community

Community featuresBBQ Pit/Grill, Dumpster, Gated, Playground, Pool, Short Term Rental - Allowed
DirectionsTravel west on Highway 98. Nautilus Cove is on the right side of the Highway just after the golf course.

Data source: Emerald Coast Association of REALTORS®

Location

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