101 Cape Cod Drive 101, Panama City Beach

$285,000

4 Beds
3 Baths
1,400 Sqft
0 Acre
0 Garage

Rare opportunity to own a spacious 4-bedroom, 3-bath condo in the highly desirable Nautilus Cove community, located just one mile from the sugar-white sands and emerald waters of the Gulf. This coveted first-floor unit is one of only a select few within the community that allows short-term rentals, making it an exceptional investment opportunity, second home, or full-time residence. Estimated rental projections range from $66,000 to $86,000 annually. The thoughtfully designed floor plan offers plenty of space for family and guests, while residents enjoy gated access and resort-style amenities, including a community pool, fitness center, clubhouse, and playground. Conveniently located near shopping, dining, entertainment, and Panama City Beach attractions, this property offers the perfect blend of coastal living, convenience, and income potential. If measurements deemed important, please verify.

Essential Information
MLS® #1011493
Price$285,000
Bedrooms4
Bathrooms3.00
Full Baths3
Square Footage1,400
Year Built2006
TypeResidential
Sub-TypeCondominium
StyleN/A
StatusActive
Community Information
Address101 Cape Cod Drive 101
Area27 - Bay County
SubdivisionNautilus Cove Condo
CityPanama City Beach
CountyBay
StateFL
Zip Code32407
Utilities

Electric, Public Sewer, Public Water

Interior
Interior FeaturesBreakfast Bar
HeatingCentral
CoolingCentral Air
Appliances

Dishwasher, Dryer, Microwave, Refrigerator, Washer, Electric Water Heater

Exterior
RoofShake
ConstructionSiding CmntFbrHrdBrd
School Information
ElementaryBreakfast Point
MiddleBreakfast Point
HighArnold
Listing Details
OfficeThink Real Estate
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All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2026, All rights reserved.
Vendors Member Number : 28325

Listing information last updated on October 16th, 2026 at 9:07am CDT.