Friday, March 9, 2012

Nautilus Cove Condo
13700 Panama City Beach Parkway, Panama City Bch
Price: $6,720,000  
No. Units: 56
Price/Unit: $120,000
Property Use Type: Investment
Commission Split: 1.5%
Occupancy: 86%
No. Stories: 2
Year Built: 2007

59% Huge 4 Bedroom 3 Bathroom Units
Huge Resort Pool
Beautiful Club House
Only 8 Blocks to Public Beach
Great Drive By Traffic for Rentals
Huge Potential for Selling as Condos when Market Recovers
56 beautiful condos in the Nautilus Cove community. These are new construction (not condo conversion) condos with granite counter tops and stainless steel appliances. The mix is 33 four bedroom, three bathroom; 10 three bedroom, two bathroom; and 13 two bedroom, two bathroom. All financial information, building size, lot size and other information in this listing will need to be confirmed by buyer.

Nautilus Cove is located just 8 blocks from a public Gulf of Mexico beach and less then 1 mile from the new Pier Park shopping district. The new international airport is only 12 miles from the property.