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
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225
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15
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Zillow last checked:
Listing updated:
Listed by:
Natalie A Ryan850-960-1731,
CENTURY 21 Ryan Realty Inc
Source: CPAR,MLS#: 786375Originating 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
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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.
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