25 days on rocket

406 Cape Cod Dr, Panama City Beach, FL, 32407

$255,000

Home List Price

$3,028*

Closing Credit

4 Bedrooms
3 Full Baths
1,430 SqFt
$178/SqFt
Condo

Location

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406 Cape Cod Dr, Panama City Beach$255,000

Buyer Closing Credits

$3,028*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAdditional Parking, Paved, Parking Lot
Year Built2006
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s), Electric
MLS #765415
StatusActive

About 406 Cape Cod Dr

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!

Property Details

Property Features

Property Information:

  • Architectural Style: Low Rise
  • Year Built: 2006
  • Living Area: 1,430 SqFt

Listing Office:

  • Office Name: ERA Neubauer Real Estate, Inc

Interior Features

Interior Information:

  • Appliances: Electric Cooktop, Electric Oven, Electric Water Heater, Freezer, Disposal, Ice Maker, Microwave
  • Interior: Breakfast Bar, High Ceilings, Vaulted Ceiling(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Parking: Additional Parking, Paved, Parking Lot

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Ceiling Fan(s), Electric

Other

Directions Information:

  • Directions: From Walmart Supercenter and Pier Park on Panama City Beach Parkway, head east on US-98 E. Continue approximately 1.3 miles and make a U-turn. Take your first right onto Cape Cod Dr. into Nautilus Cove. Take your first left into the community after going through the gate. Building 4 will be on the right. Condo will be on the back side of building 4 facing greenery.

Price Information

Listing Price Info

Price Summary:

  • List Price: $255,000
  • Price Per SqFt: $178/SqFt

HOA Fees:

  • Amount: $1416
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $1,669
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Panama City Beach, FL.

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Panama City Beach, FL

City

Med. Sold Price

$454.5K

Med. Price/SqFt

$321

Avg. Days On Market

104

# of Sold Homes

123

406 Cape Cod Dr vs Panama City Beach

25 DAYS ON ROCKET

-79 Days

$255,000

-$199.5K Less

$178/SqFt

-$143 Less

KEY TAKEAWAY

This property is $199.5K less than the Median Sold Price and $143/SqFt less than other homes in Panama City Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BCAR
  • MLS Number: #765415

Listing Office:

  • Office Name: ERA Neubauer Real Estate, Inc

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2024 Central Panhandle Association of REALTORS.© All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 11:20:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 02, 2019Home Sold
$149,900

Tax History

YEARPROP. TAXASSESSMENT
2020$1,669$131,750
2018$1,509$112,200
2017$1,212$102,000

History based on county public records data.

Payment Calculator

$1,812

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$831

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-817217
5
/10

  • Hutchison Beach Elementary School

  • 12900 Hutchison Blvd

  • 0.91 miles

  • Public District Grades KG-5

school-card-donut-817218
7
/10

  • West Bay Elementary School

  • 14813 School Dr

  • 5.49 miles

  • Public District Grades KG-5

school-card-donut-817219
7
/10

  • Patronis Elementary School

  • 7400 Patronis Dr

  • 5.61 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $79,383. Residents of Panama City Beach, FL typically earn between $35k-100k each year. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 406 Cape Cod Dr

What is the listing price of this property?

The listing price of 406 Cape Cod Dr property is $255,000.

What type of property is this?

The property 406 Cape Cod Dr is a condo located in Panama City Beach, Florida, 32407.

Is this property for sale now?

Active Listing: 406 Cape Cod Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,669 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 2, 2019 for $149,900. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 406 Cape Cod Dr has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 406 Cape Cod Dr is 1,430 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 406 Cape Cod Dr is 2006.

Rocket Homes›Florida›Bay County›Panama City Beach›32407›406 Cape Cod Dr

This home is located at 406 Cape Cod Dr in Panama City Beach, FL and zip code 32407. This 1,430 square foot home was built in 2006. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 26, 2024 and is currently priced at $255,000.

Over 8 listings were sold over their listed price in November 2024 in Panama City Beach, FL. In the same period over 90 listings were sold below the listed price and 25 listings were sold for the listed price. The number of homes for sale in Panama City Beach, FL increased by 1% between October 2024 and November 2024. Listings spent 104 days on the market in November 2024, and had a median list price of $454,516 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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