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212 Cape Cod Drive
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PRICED AT ONLY: $229,900

Address: 212 Cape Cod Drive, Panama City Beach, FL 32407

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 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.

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More Like This
  • MLS#: 786375 ( Residential )
  • Street Address: 212 Cape Cod Drive
  • Viewed: 35
  • Price: $229,900
  • Price sqft: $188
  • Waterfront: No
  • Year Built: 2006
  • Bldg sqft: 1225
  • Bedrooms: 3
  • Total Baths: 2
  • Full Baths: 2
  • Days On Market: 42

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 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.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 0.00
Land Information
  • Lot Features: Paved
School Information
  • High School: Arnold
  • Middle School: Surfside
  • School Elementary: Hutchison Beach
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
  • Parking Features: AdditionalParking
Eco-Communities
  • Pool Features: InGround, Community
Utilities
  • Carport Spaces: 0.00
  • Cooling: CentralAir, CeilingFans
  • Heating: Central, Electric
  • Sewer: PublicSewer
  • Utilities: ElectricityAvailable, HighSpeedInternetAvailable
Amenities
  • Association Amenities: Gated, PicnicArea
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Pet Deposit: 0.00
  • Security Deposit: 0.00
  • Tax Year: 2025
  • Trash Expense: 0.00
Other Features
  • Appliances: ElectricRange, ElectricWaterHeater
  • Legal Description: NAUTILUS COVE CONDO PHASE 3 UNIT 212 ORB 2959 P 1449 2ND FLOOR 3BR/2BA . 1225 SQ.FT.
  • Area Major: 03 - Bay County - Beach
  • Occupant Type: Occupied
  • Parcel Number: 40000-100-021
  • Style: LowRise
  • The Range: 0.00
  • Views: 35
Nearby Subdivisions
[no Recorded Subdiv]   Bahama Beach Villas   Beachview Villas   Edgewater Beach   Edgewater Golf Villas 1   Edgewater Golf Villas 3a   Edgewater Golf Villas 4b   Edgewater Golf Villas 5 A   Edgewater Golf Villas 5 B   Edgewater Golf Villas 6 B   Edgewater Golf Villas Iii   Edgewater Golf Villas Iii-a   Edgewater Golf Villas Iv   Edgewater Golf Villas V-a   Edgewater Golf Villas V-b   Edgewater Golf Villas V-c   Edgewater Tower I   Edgewater Tower Ii   Edgewater Tower Iii   Grand Panama Beach Resort   Grandview East At Long Beach   Gulf Highlands Beach Resort   Gulf Highlands I   Hibiscus By The Bay   Hombre Golf Village   Island Reserve   Laketown Wharf   Leeward/windward Condo   Leisure #1 Condo   Long Beach Towers I   Long Beach Towers Ii   Long Beach Towers Iii   Long Beach Towers Iv   Majestic Beach Tower I   Majestic Beach Tower Ii   Marina Landing   Marisol Condo   Nautilus Condo   Nautilus Cove Condo   Ocean Ritz   Ocean Villa   Palm Cove   River Oaks Tennis Villas   Sand Castles Villa   Shores Of Panama   Somerset Condo   Sterling Reef   Twin Palms Resort   Wimbledon Tennis Villas  
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