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Sold for $200,000
    • $200,000

    406 Cape Cod Dr, Panama City Beach, FL 32407

    4beds
    1,430sqft
    Condominium
    Built in 2006
    -- sqft lot
    $199,500 Zestimate®
    $140/sqft
    $2,031 Estimated rent

    Home value

    $199,500

    $180,000 - $221,000

    $2,031/mo

    Zestimate® history
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    What's special

    Welcome to 406 Cape Cod Drive, your perfect Panama City Beach Retreat! Nestled in the heart of the desirable Nautilus Cove community, this stunning 4-bedroom, 3-bathroom condo offers the perfect blend of comfort, style, and convenience. Located just minutes from Pier Park, it's an ideal haven for homeowners or savvy investors seeking a long-term rental property. As you approach, you'll be greeted by a charming covered front porch and an elegant Hardie Board and stone exterior, perfectly complementing the lush greenery that surrounds the home. Situated steps from the community playground, this condo offers tranquility and accessibility in equal measure. Enjoy privacy in the primary suite, complete with an ensuite bath and a double walk-in closet, thoughtfully separated from the additional three bedrooms and two full bathrooms. The modern kitchen features granite countertops, tile flooring, and stainless-steel appliances. The open layout seamlessly connects the kitchen to the expansive living and dining areas with vaulted ceilings. Recent updates include a brand-new HVAC system and newer 30-year dimensional roof. Nautilus Cove offers resort-style amenities, including a sparkling in-ground pool, a fitness center, and a gated entrance for added security. The Homeowner's Association takes care of water and garbage expenses, adding to the convenience. Situated just minutes from the vibrant Pier Park, you'll have access to premier shopping, dining, and entertainment options. Whether you're exploring local attractions or relaxing at home, this property's location can't be beaten. With the flexibility to rent long-term, this property is perfect for investors looking to expand their portfolio or first-time homebuyers seeking a smart and stylish investment. Schedule your private showing today and experience everything 406 Cape Cod Drive has to offer!

    Zillow last checked:

    Listing updated:

    Listed by:

    Kaci A Hawes 850-628-4537,

    ERA Neubauer Real Estate, Inc

    Bought with:

    Kaci A Hawes, SL3441260

    ERA Neubauer Real Estate, Inc

    Source: CPAR,MLS#: 765415MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Rooms
    • Room types: Bedroom, Dining Room, Full Bath, Kitchen, Living Room, Primary Bathroom, Primary Bedroom
    Primary bedroom
    • Description: Measurements are not exact; Bueyr to verify
    • Level: Second
    • Dimensions: 11.2 x 19.5
    Bedroom
    • Description: Measurements are not exact; Bueyr to verify
    • Level: Second
    • Dimensions: 12.2 x 9.11
    Bedroom
    • Description: Measurements are not exact; Bueyr to verify
    • Level: Second
    • Dimensions: 10.1 x 13.1
    Bedroom
    • Description: Measurements are not exact; Bueyr to verify
    • Level: Second
    • Dimensions: 14 x 10.6
    Primary bathroom
    • Description: Measurements are not exact; Bueyr to verify
    • Level: Second
    • Dimensions: 8.4 x 4.11
    Dining room
    • Description: Measurements are not exact; Bueyr to verify
    • Level: Second
    • Dimensions: 12.5 x 9.5
    Other
    • Description: Measurements are not exact; Bueyr to verify
    • Level: Second
    • Dimensions: 8.3 x 4.11
    Other
    • Description: Measurements are not exact; Bueyr to verify
    • Level: Second
    • Dimensions: 8.3 x 5.3
    Kitchen
    • Description: Measurements are not exact; Bueyr to verify
    • Level: Second
    • Dimensions: 8.4 x 10.1
    Living room
    • Description: Measurements are not exact; Bueyr to verify
    • Level: Second
    • Dimensions: 18 x 18.6
    Heating
    • Central, Electric
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Electric Cooktop, Electric Oven, Electric Water Heater, Ice Maker
    Interior area
    • Total structure area: 1,430
    • Total interior livable area: 1,430 sqft

    Property

    Parking
    • Parking features: Additional Parking, Paved, Parking Lot, Gated
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Covered, Porch
    • Pool features: In Ground, Community
    Lot
    • Features: Paved
    Details
    • Parcel number: 40000100055
    • Zoning description: Resid Multi-Family
    • Special conditions: Listed As-Is

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Low Rise
    • Property subtype: Condominium
    Materials
    • HardiPlank Type
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 2006

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Electricity Available

    Community & HOA

    Community
    • Features: Barbecue, Clubhouse, Fitness Center, Playground, Pool, Community Pool, Gated
    • Security: Gated Community, Security Fence, Security Gate
    • Subdivision: Nautilus Cove Condo
    HOA
    • Has HOA: Yes
    • Amenities included: Gated, Barbecue
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $140/sqft
    • Tax assessed value: $212,500
    • Annual tax amount: $2,596
    • Date on market: 3/7/2025
    • Cumulative days on market: 169 days
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    5/28/2025Listing removed$1,999$1/sqft
    Source: Zillow Rentals Report a problem
    5/23/2025Listed for rent$1,999+5.2%$1/sqft
    Source: Zillow Rentals Report a problem
    5/16/2025Sold$200,000-8.7%$140/sqft
    Source: CPAR #765415 Report a problem
    5/10/2025Pending sale$219,000$153/sqft
    Source: CPAR #765415 Report a problem
    4/7/2025Price change$219,000-12%$153/sqft
    Source: CPAR #765415 Report a problem
    1/31/2025Price change$249,000-2.4%$174/sqft
    Source: CPAR #765415 Report a problem
    11/22/2024Listed for sale$255,000+70.1%$178/sqft
    Source: CPAR #765415 Report a problem
    11/7/2024Listing removed$1,900$1/sqft
    Source: Zillow Rentals Report a problem
    10/25/2024Listed for rent$1,900$1/sqft
    Source: Zillow Rentals Report a problem
    10/25/2023Listing removed--
    Source: Zillow Rentals Report a problem
    10/5/2023Price change$1,900-13.6%$1/sqft
    Source: Zillow Rentals Report a problem
    9/6/2023Listed for rent$2,200+69.9%$2/sqft
    Source: Zillow Rentals Report a problem
    7/16/2019Sold$149,900$105/sqft
    Source: CPAR #665178 Report a problem
    1/22/2019Listing removed$149,900$105/sqft
    Source: Counts Real Estate Group Inc #665178 Report a problem
    12/17/2018Listed for sale$149,900$105/sqft
    Source: Counts Real Estate Group Inc #665178 Report a problem
    8/24/2018Pending sale$149,900$105/sqft
    Source: Counts Real Estate Group Inc #665178 Report a problem
    7/12/2018Price change$149,900-6.3%$105/sqft
    Source: Counts Real Estate Group Inc #665178 Report a problem
    11/15/2017Listed for sale$159,900$112/sqft
    Source: Counts Real Estate Group Inc #665178 Report a problem
    3/7/2015Listing removed$1,295$1/sqft
    Source: Dunn Realty At Panama City Bea #627854 Report a problem
    2/24/2015Price change$1,295-0.4%$1/sqft
    Source: Dunn Realty At Panama City Bea #627854 Report a problem
    1/23/2015Listed for rent$1,300$1/sqft
    Source: Dunn Realty At Panama City Bea #627854 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$2,612 +0.6%$183,279 +10%
    2023$2,596 +23.9%$166,617 +10%
    2022$2,094 $151,470
    2021-- --
    2020$1,669 +5.2%$131,750 +6.9%
    2019$1,587 $123,250 +9.8%
    2018$1,587 +5.2%$112,200 +10%
    2017$1,509 +24.5%$102,000 +3.5%
    2016$1,212 +7.9%$98,541 +10%
    2015$1,123 $89,583 +10%
    2014$1,123 $81,439 +10%
    2013-- $74,035 -7.5%
    2012-- $80,000 -13.9%
    2011-- $92,950 -26.1%
    2010-- $125,800 -12.4%
    2009-- $143,659 -11%
    2008-- $161,415
    2007-- $161,415
    Find assessor info on the county website

    Neighborhood: 32407

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    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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