301 Lullwater Drive 435, Panama City Beach, FL 32413 (MLS# 789034)

301 Lullwater Drive 435, Panama City Beach, FL 32413

$248,000

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,089 Status: Active

Current Price: $248,000 List Date: 4/28/2026 Last Modified: 7/04/2026

Overview

Description

Best value in Lullwater Condos–just steps from the beach! This beautifully renovated 2-bedroom, 2-bath condo offers the perfect blend of comfort, location, and investment potential. Enjoy relaxing by the community pool or taking in peaceful lake views from your private back porch overlooking Lullwater Lake. This rental-ready unit comfortably sleeps up to 8 and features an updated kitchen, renovated primary bathroom, newer A/C (2024), washer and dryer (2024), and water heater (2022). Durable and stylish vinyl plank flooring has been recently installed throughout, enhancing both appeal and functionality. The condo also overlooks the pool, adding to its desirable setting. With over $10,000 in future bookings already secured for 2026, this is an excellent opportunity for immediate rental income. Ideally located less than half a mile from Pier Park, about a mile from Frank Brown Park, and just minutes from popular attractions, dining, and entertainment, this property is perfect as a … (Read more)

Listing Details MLS# 789034

Contract Info

List Price/SqFt: 227.73

Location

Area: 03 – Bay County – Beach
Street #: 301
Street Name: Lullwater
Street Suffix: Drive
Unit #: 435
State: FL
Zip Code: 32413
County: Bay
Sub Area: 0320 – Beach – Middle Central
Subdivision: Lullwater Beach
Community/Resort: None
Waterfront: Yes
Gulf Access: No
Parcel ID: 33647-074-000
Elementary School: Hutchison Beach
Middle School: Surfside
High School: Arnold
Directions: From Front Beach Road, North on Lullwater Drive. Lullwater Beach Condos immediately on the right. From Back Beach, South on Lullwater Drive, the complex is on the left just before Front Beach Rd.
Legal Description: LULLWATER BEACH CONDO UNIT 435 ORB 986 P 1866 2BR 2B 1089 H&C ORB 4283 P 1948

General Property Info

Sub-Type: Condominium
Floor Number: 2
Design: Low-Rise (1-3 floors)
Apx SqFt(Htd/Cooled): 1089
SqFt Source: Prop App Site
Full Baths: 2
Total Baths: 2
Year Built: 1984
Immediate Occupancy: Yes
Construction Status: Construction Complete
New Construction: No
Garage Y/N: No
Lot Dimensions: zero lot line
Pool: Yes
Pool Type: Community

Listing Info, Tax and Legal

HOA Fee: Yes
HOA Amount: 667.83
HOA Frequency: Monthly
HOA Annual Amount: 8013.96
New Buyer Fee: No
Last Taxes: 3097
Last Tax Year: 2025
Brokerage Interest: No Interest
Condo Doc: Yes

Remarks & Misc

Remarks: Best value in Lullwater Condos–just steps from the beach! This beautifully renovated 2-bedroom, 2-bath condo offers the perfect blend of comfort, location, and investment potential. Enjoy relaxing by the community pool or taking in peaceful lake views from your private back porch overlooking Lullwater Lake. This rental-ready unit comfortably sleeps up to 8 and features an updated kitchen, renovated primary bathroom, newer A/C (2024), washer and dryer (2024), and water heater (2022). Durable and stylish vinyl plank flooring has been recently installed throughout, enhancing both appeal and functionality. The condo also overlooks the pool, adding to its desirable setting. With over $10,000 in future bookings already secured for 2026, this is an excellent opportunity for immediate rental income. Ideally located less than half a mile from Pier Park, about a mile from Frank Brown Park, and just minutes from popular attractions, dining, and entertainment, this property is perfect as a vacation getaway, full-time residence, or income-producing rental. The community has undergone significant upgrades, including new siding, roofs, decks, and stairs. Plenty of parking and pet-friendly for owners. Don't miss this opportunity to own a turnkey beachside condo in one of Panama City Beach's most convenient locations!

Pool Features

Inground: Yes

More Information

Appliances

Dishwasher: Yes
Microwave: Yes
Range – Electric: Yes
Refrigerator: Yes
Washer/Dryer Stacked: Yes
Water Heater – Electric: Yes

Interior Features

Floor – Vinyl Plank: Yes
Stairs: Yes
Window – Treatment All: Yes

Construction/Siding

Siding – Vinyl: Yes

Exterior

Balcony: Yes
Built-in Barbecue/Grill: Yes
Shower: Yes

Waterfront Feature

Dock: Yes

Association Fees Include

Accounting: Yes
Dumpster: Yes
Ground Keeping: Yes
Master Association: Yes
Pest Control: Yes
Pool: Yes
Repairs/Maintenance: Yes
Sewer: Yes
Trash Disposal: Yes
TV Cable: Yes
Water: Yes

Financing

Cash: Yes
Conventional: Yes

Furnished

Furnished: Yes

Lot Features

Near Beach Access: Yes

Parking Features

Parking Lot: Yes

Association Amenities

BBQ Pit/Grill: Yes
Dock: Yes
Dumpster: Yes
Fishing: Yes
Laundry: Yes
Pool: Yes
Waterfront: Yes
Sidewalks: Yes

Rooms

Bedroom: Yes
Primary Bathroom: Yes

Utilities

Electricity – Availabile: Yes
Public Sewer – Connected: Yes
Public Water – Connected: Yes

Waterview

Lake: Yes

Waterfront Type

Lakefront: Yes

Bedroom

First: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes
Electric: Yes

Heating

Central: Yes
Electric: Yes

Primary Bdrm/Primary Bath

MBath Double Vanity: Yes

Primary Bath/Primary Bdrm

MBath Shower/Tub Combo: Yes

Primary Bathroom

Second: Yes

Security Features

Smoke Detector(s): Yes

Property Features

Appliances: Dishwasher; Microwave; Range – Electric; Refrigerator; Washer/Dryer Stacked; Water Heater – Electric Bedroom: First Cooling: Ceiling Fan(s); Central Air; Electric Heating: Central; Electric Exterior: Balcony; Built-in Barbecue/Grill; Shower Association Fees Include: Accounting; TV Cable; Dumpster; Ground Keeping; Repairs/Maintenance; Master Association; Pest Control; Pool; Sewer; Trash Disposal; Water Financing: Cash; Conventional Furnished: Furnished Lot Features: Near Beach Access Primary Bathroom: Second Pool Features: Inground Security Features: Smoke Detector(s) Parking Features: Parking Lot Association Amenities: BBQ Pit/Grill; Dock; Dumpster; Fishing; Laundry; Pool; Sidewalks; Waterfront Rooms: Bedroom; Primary Bathroom Utilities: Electricity – Availabile; Public Sewer – Connected; Public Water – Connected Waterfront Type: Lakefront Waterfront Feature: Dock Waterview: Lake

Room Information

Room Name	Level	Dimensions	Length	Width
Primary Bathroom	Second	14 x 14	14.00	14.00
Bedroom	First	12 x 11	12.00	11.00

Listing Office: Keller Williams Success Realty

Last Updated: July – 04 – 2026

Information deemed reliable but not guaranteed.