212 Cape Cod Drive, Panama City Beach, FL 32407

$229,900
3
BD
2
BA

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List Price
$229,900
MLS#
786375
Status
ACTIVE
Type
Condo
Subtype
Condominium
Bedrooms
3
Bathrooms
2
Neighborhood
Beach - North Central

Property 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.

Additional Information

Appliances
Electric Range, Electric Water Heater
Elementary School
Hutchison Beach
High School
Arnold
Interior Features
Tub Shower, Upper Level Primary, Walk-In Pantry
Lot Features
Paved
Middle School
Surfside
Neighborhood
Beach - North Central
Project Facilities
Clubhouse, Fitness Center, Playground, Park, Pool, Community Pool, Gated
Subdivision
Nautilus Cove Condo
Utilities
Electricity Available, High Speed Internet Available
Year Built
2006
Zoning
Resid Multi-Family

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Calculator source: Real Geeks

Listing courtesy of CENTURY 21 Ryan Realty Inc.