For sale Condo

Listed Jun 3, 2026

$209,900 Est. $1,388/mo

608 Cape Cod Drive

  • 3

    Beds

  • 2

    Baths

  • 1,195

    Sq ft

The story

  • Pool

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. 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 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.

Facts & features

Home type

Condo

Year built

2006

Price per sq ft

$176

HOA

$1,508 / quarterly

Included features

  • Pool

    Yes

  • Cooling

    Central Air, Ceiling Fans

  • Heating

    Central, Electric

  • Appliances

    Electric Range, Electric Water Heater

  • Roof

    Shingle

  • Lot Information

    Paved

  • Sewer

    Public Sewer

Mortgage calculator

Estimated monthly payment

$1,388 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $1,117
  • Property tax $210
  • Insurance $61

Includes principal, interest, taxes & insurance.

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Listing Broker

Think Real Estate

Broker Name

Think Real Estate

Agent

Heather Butler

Location

Panama City FL 32405