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For sale
  • $799,000

    278 Lullwater Dr, Panama City Beach, FL 32413

    3beds
    1,488sqft
    : 
    $5,021/mo
    Get pre-qualified
    Single Family Residence
    Built in 1994
    10,454 Square Feet Lot
    $749,500 Zestimate®
    $537/sqft
    $-- HOA

    What's special

    Large saltwater swimming poolStorage shedOpen floor planCustom hurricane shuttersPrivate fenced in backyardTwo driveways
    Looking for a unicorn? This is a once in a lifetime property! Located just a 2-minute walk to the World's Most Beautiful Beaches and a short 10 min stroll to Pier Park! This single story 3-bedroom 2 bath house offers an open floor plan and is currently a successful short-term rental that has room for the whole family! This property is perfect for entertaining as it is set up to sleep 10 guest and with two driveways there is plenty of parking for 6-8 vehicles, trailers or an RV! Wanna get away from it all, step out back to your own slice of paradise! You will enjoy the private fenced in backyard where you can soak up some sun in the large saltwater swimming pool (with optional heating.) There is also a storage shed to hold all of your pool and beach toys along with custom hurricane shutters! If you are looking for an investment property, this one has great guest reviews and projections of over 85k. This West end location is hard beat with a 2 min. drive to Frank Brown Park, 1/2 mile to Pier Park and a short 15 min. drive to the airport or to 30A. Your guest will enjoy seeing the Pier Park Skywheel and seasonal firework views from the front yard! They will also love the close proximity to attractions like Dolly's Pirate Voyage, Top Golf and the Simulated Surf Park coming soon and all within a 5-minute drive! Another rare find that this property offers is the large lot zoned commercially and across the street from Lake Lullwater and the sugary white sands! The sellers have recently replaced the roof, added rock landscaping for easy upkeep and the 2nd concrete driveway! This property is turn key and just in time for vacation season with several reservations on the books for 2026! Don't let this one slip away, call me or your favorite agent today!
    85 days
    |
    313
    |
    26
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Kristina L Walton 850-899-4008,

    Dalton Wade Inc

    Source: CPAR,MLS#: 790744MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Rooms
      • Room types: Bedroom, Kitchen
      Bedroom
      • Level: First
      • Dimensions: 12 x 12
      Bedroom
      • Level: First
      • Dimensions: 12 x 12
      Kitchen
      • Level: First
      • Dimensions: 15 x 15
      Heating
      • Central
      Appliances
      • Included: Electric Oven, Electric Range, Electric Water Heater
      Features
      • Double Vanity, Main Level Primary, Tub Shower, Walk-In Closet(s)
      Interior area
      • Total structure area: 1,488
      • Total interior livable area: 1,488 sqft

      Property

      Parking
      • Parking features: RV Access/Parking
      Features
      • Patio & porch: Covered, Porch
      • Has private pool: Yes
      • Pool features: Electric Heat, In Ground, Salt Water, Private
      • Fencing: Fenced
      Lot
      • Size: 10,454 Square Feet
      • Dimensions: 183 x 176
      Details
      • Additional structures: Shed(s)
      • Parcel number: 33615000000
      • Special conditions: Listed As-Is

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Coastal
      • Property subtype: Single Family Residence
      Materials
      • Concrete, Stucco
      • Roof: Shake
      Condition
      • New construction: No
      • Year built: 1994

      Utilities & green energy

      • Sewer: Public Sewer

      Community & HOA

      Community
      • Features: Short Term Rental Allowed
      • Security: Security Fence, Security Lights
      • Subdivision: El Centro Beach
      HOA
      • Has HOA: No
      Location
      • Region: Panama City Beach

      Financial & listing details

      • Price per square foot: $537/sqft
      • Tax assessed value: $665,941
      • Annual tax amount: $7,708
      • Date on market: 6/3/2026

        Estimated market value

        $749,500

        $712,000 - $787,000

        $2,513/mo

        Price history

        DateEventPrice
        6/3/2026Listed for sale$799,000+8.7%$537/sqft
        Source: CPAR #790744 Report a problem
        9/7/2022Sold$735,000-2%$494/sqft
        Source: CPAR #728682 Report a problem
        8/2/2022Contingent$750,000$504/sqft
        Source: CPAR #728682 Report a problem
        7/25/2022Price change$750,000-3.2%$504/sqft
        Source: CPAR #728682 Report a problem
        6/27/2022Listed for sale$775,000+3.5%$521/sqft
        Source: CPAR #728682 Report a problem
        6/22/2022Listing removed--
        Source: Owner Report a problem
        5/5/2022Listed for sale$749,000+232.9%$503/sqft
        Source: Owner Report a problem
        7/6/2017Sold$225,000-10%$151/sqft
        Source: CPAR #653034 Report a problem
        5/17/2017Pending sale$249,900$168/sqft
        Source: 30 A Local Properties #653034 Report a problem
        2/16/2017Price change$249,900-7.1%$168/sqft
        Source: 30 A Local Properties #653034 Report a problem
        12/2/2016Listed for sale$269,000-10%$181/sqft
        Source: 30 A Local Properties #653034 Report a problem
        2/19/2016Listing removed$299,000$201/sqft
        Source: Jim Free Realty LLC #375886 Report a problem
        11/7/2011Listed for sale$299,000$201/sqft
        Source: Jim Free Realty #375886 Report a problem
        9/23/2011Listing removed$299,000$201/sqft
        Source: Jim Free Realty #375886 Report a problem
        2/24/2011Listed for sale$299,000+19.6%$201/sqft
        Source: Jim Free Realty Report a problem
        2/5/2007Sold$250,000$168/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$7,750 +8.4%$665,941 +8.8%
        2023$7,149 +111.1%$611,874 +104.1%
        2022$3,387 $299,723
        2021-- --
        2020$3,128 +5.8%$264,106 +9.7%
        2019$2,956 $240,854 +10%
        2018$2,956 +11.6%$218,958 +94.2%
        2017$2,649 +97%$112,733 -0.1%
        2016$1,345 -2.1%$112,867 -0.2%
        2015$1,374 $113,112 -1.8%
        2014$1,374 $115,244 +0.5%
        2013-- $114,713 -1%
        2012-- $115,823 -0.9%
        2011-- $116,850 -10%
        2010-- $129,853 -11.1%
        2009-- $146,069 -20.6%
        2008-- $183,872 +28.7%
        2007-- $142,834 -41.9%
        2006-- $245,744 +157.3%
        2005-- $95,524 +63.3%
        2004-- $58,498 +9%
        2003-- $53,678 +5.7%
        2002-- $50,786 +10.4%
        2001-- $46,008 +10.5%
        2000-- $41,637
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 32413

        Getting around

        44 / 100
        Car-Dependent
        51 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Hutchison Beach
        • 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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