$248,000
Panama City Beach, FL 32413
MLS# 789034
2 beds | 2 baths | 1089 sqft

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Property 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 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!
Details
Maps
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
Contract Info
List Price/SqFt: 227.73
Status: Active
List Date: 2026-04-28
List Price: $248,000
Current Price: $248,000
Location
Unit #: 435
Sub Area: 0320 - Beach - Middle Central
Community/Resort: None
Waterfront: Yes
Gulf Access: No
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.
Area: 03 - Bay County - Beach
Street #: 301
Street Name: Lullwater
Street Suffix: Drive
State: FL
Zip Code: 32413
County: Bay
Subdivision: Lullwater Beach
Parcel ID: 33647-074-000
Legal Description: LULLWATER BEACH CONDO UNIT 435 ORB 986 P 1866 2BR 2B 1089 H&C ORB 4283 P 1948
General Property Info
Floor Number: 2
Design: Low-Rise (1-3 floors)
Apx SqFt(Htd/Cooled): 1089
Immediate Occupancy: Yes
Construction Status: Construction Complete
SqFt Source: Prop App Site
Lot Dimensions: zero lot line
New Construction: No
Garage Y/N: No
Pool: Yes
Pool Type: Community
Sub-Type: Condominium
Bedrooms: 2
Full Baths: 2
Total Baths: 2
Year Built: 1984
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!
Master Bathroom
Second: 1
Pool Features
Inground: 1
Appliances
Dishwasher: 1
Microwave: 1
Range - Electric: 1
Refrigerator: 1
Washer/Dryer Stacked: 1
Water Heater - Electric: 1
Interior Features
Floor - Vinyl Plank: 1
Stairs: 1
Window - Treatment All: 1
Construction/Siding
Siding - Vinyl: 1
Exterior
Balcony: 1
Built-in Barbecue/Grill: 1
Shower: 1
Waterfront Feature
Dock: 1
Association Fees Include
Accounting: 1
Dumpster: 1
Ground Keeping: 1
Master Association: 1
Pest Control: 1
Pool: 1
Repairs/Maintenance: 1
Sewer: 1
Trash Disposal: 1
TV Cable: 1
Water: 1
Financing
Cash: 1
Conventional: 1
Furnished
Furnished: 1
Lot Features
Near Beach Access: 1
Parking Features
Parking Lot: 1
Mstr Bath / Mstr Bdrm
MBath Double Vanity: 1
MBath Shower/Tub Combo: 1
Association Amenities
BBQ Pit/Grill: 1
Dock: 1
Dumpster: 1
Fishing: 1
Laundry: 1
Pool: 1
Waterfront: 1
Sidewalks: 1
Rooms
Bedroom: 1
Master Bathroom: 1
Utilities
Electricity - Availabile: 1
Public Sewer - Connected: 1
Public Water - Connected: 1
Waterview
Lake: 1
Waterfront Type
Lakefront: 1
Bedroom
First: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Electric: 1
Heating
Central: 1
Electric: 1
Security Features
Smoke Detector(s): 1
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
Master 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; Master 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 |
| Master 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: May - 04 - 2026
Information deemed reliable but not guaranteed.
