101 Cape Cod Dr, Panama City Beach, FL, 32407
About This Home
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.
Getting Around
Car-Dependent
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 2006
Materials
- Construction materials: HardiPlank Type
Type & Style
- Home type: Condo
- Architectural style: Low Rise
- Property subType: Condominium
Interior
Appliances
- Appliances included: Electric Cooktop
Bedroom
- Level: First
- Dimensions: 12 x 10
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Features
- Main Level Primary
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total structure area: 1,400
- Total interior livable area: 1,400 sqft
Laundry
- Level: First
- Dimensions: 7 x 4
Living Room
- Level: First
- Dimensions: 14 x 14
Master Bedroom
- Level: First
- Dimensions: 16 x 11
Property
Details
- Parcel number: 40000100001
Features
- Pool features: Community
Lot
- Lot size dimensions: 0 x 0
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Lightning
- Tornado
- Cold Wave
- Heat Wave
- Strong Wind
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Bay County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,441 | $17,292 |
| Home Insurance * | $102 | $1,224 |
| Property Taxes | $338 | $4,056 |
| Electricity | $197 | $2,366 |
| Total | $2,078 | $24,936 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-17 | Price change | $285,000 |
| 2026-06-27 | Listed for sale | $299,000 |
| 2021-02-16 | Sold | $199,500 |
| 2021-01-08 | Listed for sale | $224,900 |
| 2020-12-29 | Listing removed | -- |
| 2020-12-11 | Listed for sale | $199,900 |
| 2018-05-25 | Listing removed | $1,400 |
| 2018-05-18 | Listed for rent | $1,400 |
| 2018-04-06 | Listing removed | $1,400 |
| 2018-02-10 | Listed for rent | $1,400 |
| 2017-05-26 | Listing removed | $1,400 |
| 2017-05-20 | Listed for rent | $1,400 |
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