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For sale
    • $749,900

    127 Terrapin Close, Panama City Beach, FL 32413

    5beds
    2,439sqft
    : 
    $4,716/mo
    Get pre-qualified
    Single Family Residence
    Built in 2015
    3,920 Square Feet Lot
    $718,100 Zestimate®
    $307/sqft
    $-- HOA

    What's special

    Versatile loftSpacious two-car garageGranite countertopsOpen-concept floor planCustom cabinetryScreened porchUpdated kitchen
    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.
    28 days
    |
    951
    |
    45
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jessica Shuflitowski 850-624-5560,

    Compass Florida, LLC

    Source: CPAR,MLS#: 792127MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Bonus Room, Bedroom, Dining Room, Kitchen, Loft, Living Room, Primary Bedroom
      Primary bedroom
      • Level: First
      • Dimensions: 15 x 13
      Bedroom
      • Level: Second
      • Dimensions: 11 x 10
      Bedroom
      • Level: Second
      • Dimensions: 12 x 11
      Bedroom
      • Level: Second
      • Dimensions: 13 x 13
      Bonus room
      • Level: Second
      • Dimensions: 18 x 16
      Dining room
      • Level: First
      • Dimensions: 11 x 10
      Kitchen
      • Level: First
      • Dimensions: 11 x 10
      Living room
      • Level: First
      • Dimensions: 20 x 14
      Loft
      • Level: Second
      • Dimensions: 13 x 13
      Heating
      • Electric
      Cooling
      • Ceiling Fan(s), Multi Units
      Appliances
      • Included: Electric Cooktop, Electric Oven, Electric Water Heater, Ice Maker
      Features
      • Double Vanity, Main Level Primary, Soaking Tub, Separate Shower, Walk-In Closet(s), Loft
      Interior area
      • Total structure area: 2,439
      • Total interior livable area: 2,439 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage, Garage Door Opener
      • Garage spaces: 2
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Balcony, Porch, Screened
      • Exterior features: Dock, Porch
      • Pool features: Gunite, Community
      • Spa features: Community
      • Fencing: Partial
      • On waterfront: Yes
      Lot
      • Size: 3,920 Square Feet
      • Dimensions: 40 x 98
      • Features: Cul-De-Sac, Paved
      Details
      • Parcel number: 36068151000
      • Zoning description: Resid Single Family
      • Special conditions: Listed As-Is

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Florida
      • Property subtype: Single Family Residence
      Materials
      • HardiPlank Type
      • Roof: Composition,Shingle
      Condition
      • New construction: No
      • Year built: 2015

      Utilities & green energy

      • Sewer: Public Sewer
      • Utilities for property: Cable Connected, Electricity Available

      Community & HOA

      Community
      • Features: Basketball Court, Clubhouse, Dock, Fitness Center, Fishing, Game Room, Pool, Tennis Court(s), Waterfront, Community Pool
      • Subdivision: Turtle Cove At Lake Powell
      HOA
      • Has HOA: Yes
      • Amenities included: Dock, Spa/Hot Tub
      Location
      • Region: Panama City Beach

      Financial & listing details

      • Price per square foot: $307/sqft
      • Tax assessed value: $533,474
      • Annual tax amount: $3,886
      • Date on market: 7/2/2026
      • Cumulative days on market: 28 days
      • Electric utility on property: Yes

        Estimated market value

        $718,100

        $682,000 - $754,000

        $3,508/mo

        Price history

        DateEventPrice
        7/2/2026Listed for sale$749,900+127.2%$307/sqft
        Source: ECAOR #1006788 Report a problem
        12/19/2017Sold$330,000+9.3%$135/sqft
        Source: CPAR #663932 Report a problem
        9/25/2015Sold$302,000+829.2%$124/sqft
        Source: CPAR #629993 Report a problem
        12/31/2014Sold$32,500-72.6%$13/sqft
        Source: Public Record Report a problem
        4/9/2007Sold$118,500-46.1%$49/sqft
        Source: Public Record Report a problem
        4/1/2005Sold$219,800$90/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$3,886 +5.5%$328,821 +3%
        2023$3,682 +11.9%$319,244 +3%
        2022$3,289 $309,946
        2021-- --
        2020$3,153 +1.3%$296,763 +2.3%
        2019$3,114 $290,091 +0.7%
        2018$3,114 -12.2%$288,062 +1.9%
        2017$3,546 +24.4%$282,813 +0.9%
        2016$2,851 +569.9%$280,249 +700.7%
        2015$426 $35,000 -5.4%
        2014$426 $37,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 32413

        Getting around

        12 / 100
        Car-Dependent
        49 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: West Bay
        • Middle: Surfside
        • High: Arnold

        Source: CPAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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