127 Terrapin Close, Panama City Beach, FL 32413 (MLS# 792127)

127 Terrapin Close, Panama City Beach, FL 32413

New Listing

$749,900

Property Type: Residential Bedrooms: 5 Baths: 3 Square Footage: 2,439 Lot Size (sq. ft.): 3,920 Status: Active

Current Price: $749,900 List Date: 7/02/2026 Last Modified: 7/02/2026

Overview

Description

Where coastal charm meets everyday luxury, welcome to 127 Terrapin Close. Nestled in one of Panama City Beach's most desirable residential communities, this beautifully maintained 5-bedroom, 2.5-bath home offers over 2,400 square feet of thoughtfully designed living space just minutes from the area's sugar-white beaches, Pier Park, Frank Brown Park, and Northwest Florida Beaches International Airport. The open-concept floor plan seamlessly connects the living, dining, and kitchen areas, creating an inviting space for entertaining and everyday living. The updated kitchen features granite countertops and custom cabinetry, while the first-floor primary suite offers privacy and convenience. Upstairs, four additional bedrooms and a versatile loft provide flexibility for family, guests, a home office, or playroom. Enjoy your morning coffee on the screened porch or unwind on the balcony after a day at the beach. Oversized closets, a spacious two-car garage, and recent HVAC updates add comfort … (Read more)

Listing Details MLS# 792127

Contract Info

List Price/SqFt: 307.46

Location

Area: 03 – Bay County – Beach
Street #: 127
Street Name: Terrapin Close
State: FL
Zip Code: 32413
County: Bay
Sub Area: 0322 – Beach – North West
Subdivision: Turtle Cove At Lake Powell
Community/Resort: None
Waterfront: No
Parcel ID: 36068-151-000
Elementary School: West Bay
Middle School: Surfside
High School: Arnold
Directions: From Bay County – West on Panama City Beach Pkwy to Wild Heron Way. Right on Wild Heron Way. First left into Turtle Cove. Continue straight, then left onto Terrapin Close. Home on left. From Walton County – travel East on US-98 approximately 2 miles (into Bay county). Turn left into Wild Heron, then take the second left into Turtle Cove. Turn left onto Terrapin Close. Home is on the left.
Legal Description: TURTLE COVE AT LAKE POWELL LOT 51 ORB 4038 P 1987

General Property Info

Sub-Type: Detached Single Family
Design: Florida Cottage
Apx SqFt(Htd/Cooled): 2439
SqFt Source: An Appraiser
Full Baths: 2
Half Baths: Yes
Total Baths: 3
# of Stories in Building: 2
Year Built: 2015
Construction Status: Construction Complete
New Construction: No
Garage Y/N: Yes
Garage Spaces: 2
Driveway Spaces: 2
Lot Dimensions: 40×98
Acreage: 0.09
Lot Size (SqFt): 3920
Pool: Yes
Pool Type: Community

Listing Info, Tax and Legal

HOA Fee: Yes
HOA Amount: 818
HOA Frequency: Quarterly
HOA Annual Amount: 3272
New Buyer Fee: No
Last Tax Year: 2025
Brokerage Interest: No Interest

Remarks & Misc

Remarks: Where coastal charm meets everyday luxury, welcome to 127 Terrapin Close. Nestled in one of Panama City Beach's most desirable residential communities, this beautifully maintained 5-bedroom, 2.5-bath home offers over 2,400 square feet of thoughtfully designed living space just minutes from the area's sugar-white beaches, Pier Park, Frank Brown Park, and Northwest Florida Beaches International Airport. The open-concept floor plan seamlessly connects the living, dining, and kitchen areas, creating an inviting space for entertaining and everyday living. The updated kitchen features granite countertops and custom cabinetry, while the first-floor primary suite offers privacy and convenience. Upstairs, four additional bedrooms and a versatile loft provide flexibility for family, guests, a home office, or playroom. Enjoy your morning coffee on the screened porch or unwind on the balcony after a day at the beach. Oversized closets, a spacious two-car garage, and recent HVAC updates add comfort and peace of mind. Unlike many Panama City Beach communities, short-term rentals are prohibited, preserving the neighborhood's peaceful residential atmosphere. Residents also enjoy resort-style amenities including a community pool, clubhouse, pickleball and tennis courts, an amphitheater, and beautifully maintained common areas. This home offers the perfect blend of coastal living, modern comfort, and an exceptional location.

Bonus Room

Second: Yes

More Information

Dining Room

First: Yes

Loft

Second: Yes

Pool Features

Gunite Concrete: Yes
Pool House: Yes
Spa/ Hot Tub: Yes

Appliances

Cooktop – Electric: Yes
Dishwasher: Yes
Dryer: Yes
Freezer: Yes
Ice Maker: Yes
Microwave: Yes
Oven – Electric: Yes
Refrigerator: Yes
Washer: Yes
Water Heater – Electric: Yes

Interior Features

Floor – Hardwood: Yes

Construction/Siding

Roof – Composite Shngl: Yes
Siding – Hardie Board: Yes
Trim – Wood: Yes

Exterior

Balcony: Yes
Columns: Yes
Fenced Lot-Part: Yes
Porch Screened: Yes

Waterfront Feature

Dock: Yes

Association Fees Include

Community Room: Yes
Conference Center: Yes
Dock: Yes
Exercise Room: Yes
Ground Keeping: Yes
Management: Yes
Pool: Yes
Tennis: Yes
Trash Disposal: Yes
Whirlpool: Yes

Furnished

Negotiable: Yes

Kitchen

First: Yes

Living Room

First: Yes

Lot Features

Cul-De-Sac: Yes
Landscaped: Yes
Near Beach Access: Yes
Within 1/2 Mile to Water: Yes

Lot Access

County Road: Yes
Paved Road: Yes

Parking Features

Garage Attached: Yes
Garage Door Opener: Yes

Present Zoning

Resid Single Family: Yes

Association Amenities

Basketball Court: Yes
Community Room: Yes
Dock: Yes
Exercise Room: Yes
Fishing: Yes
Game Room: Yes
Pool: Yes
Tennis: Yes
Waterfront: Yes
Whirlpool: Yes
Pickle Ball: Yes
Recreation Facilities: Yes

Rooms

Bedroom: Yes
Bonus Room: Yes
Dining Room: Yes
Kitchen: Yes
Living Room: Yes
Loft: Yes
Primary Bedroom: Yes

Utilities

TV Cable: Yes
Electricity – Connected: Yes
Garbage: Yes
Internet – Fiber Optic: Yes
Public Sewer – Connected: Yes

Sale Type

As Is: Yes

Primary Bedroom

First: Yes

Bedroom

Second: Yes

Cooling

Ceiling Fan(s): Yes
Electric: Yes
Multi Units: Yes

Heating

Electric: Yes

Primary Bdrm/Primary Bath

MBath Double Vanity: Yes
MBath Separate Shwr: Yes
MBath Tub – Soaking: Yes
MBath Walk-In Closet: Yes
MBed First Floor: Yes
MBed Walk-in Closet: Yes

Property Features

Appliances: Cooktop – Electric; Dishwasher; Dryer; Freezer; Ice Maker; Microwave; Oven – Electric; Refrigerator; Washer; Water Heater – Electric Primary Bedroom: First Bedroom: Second Cooling: Ceiling Fan(s); Electric; Multi Units Heating: Electric Exterior: Balcony; Columns; Fenced Lot-Part; Porch Screened Association Fees Include: Community Room; Dock; Exercise Room; Ground Keeping; Management; Conference Center; Pool; Whirlpool; Tennis; Trash Disposal Furnished: Negotiable Kitchen: First Living Room: First Lot Features: Cul-De-Sac; Landscaped; Near Beach Access; Within 1/2 Mile to Water Lot Access: County Road; Paved Road Bonus Room: Second Dining Room: First Loft: Second Pool Features: Gunite Concrete; Pool House; Spa/ Hot Tub Parking Features: Garage Attached; Garage Door Opener Association Amenities: Basketball Court; Community Room; Dock; Fishing; Exercise Room; Game Room; Pickle Ball; Pool; Recreation Facilities; Whirlpool; Tennis; Waterfront Rooms: Bedroom; Bonus Room; Dining Room; Kitchen; Living Room; Loft; Primary Bedroom Sale Type: As Is Utilities: TV Cable; Electricity – Connected; Garbage; Internet – Fiber Optic; Public Sewer – Connected Waterfront Feature: Dock Present Zoning: Resid Single Family

Room Information

Room Name	Level	Dimensions	Length	Width
Living Room	First	20 x 14	20.00	14.00
Kitchen	First	11 x 10	11.00	10.00
Dining Room	First	11 x 10	11.00	10.00
Primary Bedroom	First	15 x 13	15.00	13.00
Bedroom	Second	11 x 10	11.00	10.00
Bedroom	Second	12 x 11	12.00	11.00
Bedroom	Second	13 x 13	13.00	13.00
Bonus Room	Second	18 x 16	18.00	16.00
Loft	Second	13 x 13	13.00	13.00

Listing Office: Compass Florida, LLC

Last Updated: July – 02 – 2026

Information deemed reliable but not guaranteed.