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For sale
  • $229,900

    212 Cape Cod Dr, Panama City Beach, FL 32407

    3beds
    1,225sqft
    : 
    $1,996/mo
    Get pre-qualified
    Condominium
    Built in 2006
    -- sqft lot
    $219,300 Zestimate®
    $188/sqft
    $472/mo HOA

    What's special

    Resort-style poolBright split-bedroom layoutGranite countertopsWell-appointed kitchenStainless steel appliancesDedicated laundry roomWood cabinetry
    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.
    149 days
    |
    225
    |
    15
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Natalie A Ryan 850-960-1731,

    CENTURY 21 Ryan Realty Inc

    Source: CPAR,MLS#: 786375MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Rooms
      • Room types: Bedroom, Primary Bedroom
      Primary bedroom
      • Description: Measurements approximate, verify if important
      • Level: Second
      • Dimensions: 14 x 12
      Bedroom
      • Description: Measurements approximate, verify if important
      • Level: Second
      • Dimensions: 12 x 12
      Bedroom
      • Description: Measurements approximate, verify if important
      • Level: Second
      • Dimensions: 12 x 10
      Heating
      • Central, Electric
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Electric Range, Electric Water Heater
      Features
      • Tub Shower, Upper Level Primary, Walk-In Pantry
      Interior area
      • Total structure area: 1,225
      • Total interior livable area: 1,225 sqft

      Property

      Parking
      • Parking features: Additional Parking
      Features
      • Pool features: In Ground, Community
      Lot
      • Features: Paved
      Details
      • Parcel number: 40000100021
      • Zoning description: Resid Multi-Family

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Low Rise
      • Property subtype: Condominium
      Condition
      • New construction: No
      • Year built: 2006

      Utilities & green energy

      • Sewer: Public Sewer
      • Utilities for property: Electricity Available, High Speed Internet Available

      Community & HOA

      Community
      • Features: Clubhouse, Fitness Center, Playground, Park, Pool, Community Pool, Gated
      • Security: Gated Community
      • Subdivision: Nautilus Cove Condo
      HOA
      • Has HOA: Yes
      • Amenities included: Gated, Picnic Area
      • Services included: Clubhouse, Legal/Accounting, Maintenance Grounds, Pest Control, Playground, Pool(s), Security, Trash
      • HOA fee: $1,416 quarterly
      Location
      • Region: Panama City Beach

      Financial & listing details

      • Price per square foot: $188/sqft
      • Tax assessed value: $187,000
      • Annual tax amount: $2,401
      • Date on market: 3/6/2026
      • Cumulative days on market: 150 days
      • Electric utility on property: Yes

        Estimated market value

        $219,300

        $208,000 - $230,000

        $1,688/mo

        Price history

        DateEventPrice
        3/6/2026Listed for sale$229,900+28.4%$188/sqft
        Source: CPAR #786375 Report a problem
        7/3/2025Listing removed$1,700$1/sqft
        Source: Zillow Rentals Report a problem
        4/30/2025Price change$1,700-2.9%$1/sqft
        Source: Zillow Rentals Report a problem
        4/15/2025Price change$1,750-2.8%$1/sqft
        Source: Zillow Rentals Report a problem
        3/12/2025Price change$1,800-2.7%$1/sqft
        Source: Zillow Rentals Report a problem
        2/26/2025Listed for rent$1,850$2/sqft
        Source: CPAR #769409 Report a problem
        8/26/2024Listing removed$1,850$2/sqft
        Source: Zillow Rentals Report a problem
        2/21/2024Listed for rent$1,850+2.8%$2/sqft
        Source: Zillow Rentals Report a problem
        2/21/2024Listing removed--
        Source: Zillow Rentals Report a problem
        2/16/2024Price change$1,800-2.7%$1/sqft
        Source: Zillow Rentals Report a problem
        12/19/2023Price change$1,850-2.6%$2/sqft
        Source: CPAR #749892 Report a problem
        12/4/2023Listed for rent$1,900+31%$2/sqft
        Source: CPAR #749892 Report a problem
        9/16/2020Listing removed$1,450$1/sqft
        Source: Smith & Assoc Property Mngt #701430 Report a problem
        8/28/2020Listed for rent$1,450+3.6%$1/sqft
        Source: Smith & Assoc Property Mngt #701430 Report a problem
        10/27/2018Listing removed$1,400$1/sqft
        Source: Florida Rental Ads Report a problem
        9/22/2018Listed for rent$1,400+12%$1/sqft
        Source: Smith & Assoc Property Mngt #676621 Report a problem
        9/2/2016Listing removed$1,250-7.4%$1/sqft
        Source: Smith & Associates Property Management of Bay County Inc. Report a problem
        5/20/2016Listing removed$1,350+13%$1/sqft
        Source: Smith & Associates Property Management Report a problem
        5/24/2015Listing removed$1,195$1/sqft
        Source: Smith & Associates Property Management of Bay County Inc. Report a problem
        5/14/2015Listed for rent$1,195$1/sqft
        Source: Smith & Associates Property Management Report a problem
        8/8/2007Sold$179,000$146/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$2,373 -2.3%$166,124 +10%
        2023$2,429 +34.9%$151,022 +10%
        2022$1,801 $137,293
        2021-- --
        2020$1,494 +8.5%$113,465 +10%
        2019$1,377 $103,150 +10%
        2018$1,377 +8.4%$93,773 +10%
        2017$1,271 +15.2%$85,248 +10%
        2016$1,103 +15.4%$77,498 +10%
        2015$956 $70,453 +10%
        2014$956 $64,048 +10%
        2013-- $58,225 -19.4%
        2012-- $72,275 -9.2%
        2011-- $79,625 -30.6%
        2010-- $114,770 -12%
        2009-- $130,421 -11%
        2008-- $146,540
        2007-- $146,540
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 32407

        Getting around

        31 / 100
        Car-Dependent
        52 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Hutchison Beach
        • Middle: Surfside
        • High: Arnold

        Source: CPAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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