Welcome to Lullwater Beach Unit 411, ideally situated just steps away from the beach! HVAC system (2022), washer and dryer (2023), and water heater (2022). This recently updated, freshly painted, and fully furnished 2-bedroom, 2-bath condo offers the perfect combination of coastal charm and strong investment potential. The property already has numerous secured future bookings for 2026, with projected gross rental income estimated to reach approximately $40K by the end of the year.
Tastefully furnished and rental-ready, this condo comfortably sleeps up to 6 guests and features an updated kitchen with newer appliances, luxury vinyl plank flooring throughout the living room, kitchen, and bedrooms, along with tile flooring in both bathrooms. Both bathrooms have been upgraded with beautifully tiled showers.
Enjoy relaxing by the community pool or taking in tranquil lake views from your private back porch overlooking Lullwater Lake. Located less than half a mile from Pier Park, about one mile from Frank Brown Park, and only minutes from dining, shopping, and entertainment, this property is an excellent option for a vacation home, primary residence, or income-producing rental. The Lullwater community has recently undergone extensive exterior upgrades, including new siding, roofs, decks, and staircases. Owners also benefit from ample parking and a pet-friendly environment. This turnkey beach retreat is a fantastic opportunity in one of Panama City Beach's most convenient and desirable locations.
For sale
$290,000
301 Lullwater Dr Unit 411, Panama City Beach, FL 32413
2beds
1,089sqft
Condominium
Built in 1984
-- sqft lot
$277,600 Zestimate®
$266/sqft
$668/mo HOA
What's special
Fully furnishedRecently updatedFreshly paintedCommunity pool
- 110 days
- 366
- 40
Zillow last checked:
Listing updated:
Listed by:
Maxim Sedov 850-319-5725,
Keller Williams Success Realty
Source: CPAR,MLS#: 789820
Originating MLS: Central Panhandle Association of REALTORS
Originating MLS: Central Panhandle Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Bedroom, Primary Bathroom
Bedroom
- Level: First
- Dimensions: 12 x 11
Primary bathroom
- Level: Second
- Dimensions: 14 x 14
Heating
- Central, Electric
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Washer/Dryer Stacked, Electric Range, Electric Water Heater
- Laundry: Stacked
Features
- Interior Steps, Shower Only, Upper Level Primary
Interior area
- Total structure area: 1,089
- Total interior livable area: 1,089 sqft
Property
Parking
- Parking features: Parking Lot
Features
- Patio & porch: Balcony
- Exterior features: Barbecue, Dock, Outdoor Shower
- Pool features: Fenced, In Ground, Community
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake, Lake Front
Details
- Parcel number: 33647050000
Construction
Type & style
- Home type: Condo
- Architectural style: Low Rise
- Property subtype: Condominium
Materials
- Vinyl Siding
Condition
- New construction: No
- Year built: 1984
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Electricity Available
Community & HOA
Community
- Features: Dock, Fishing, Laundry Facilities, Pool, Waterfront, Barbecue, Community Pool, Short Term Rental Allowed
- Security: Smoke Detector(s)
- Subdivision: Lullwater Beach
HOA
- Has HOA: Yes
- Services included: Cable TV, Legal/Accounting, Maintenance Grounds, Maintenance Structure, Pest Control, Pool(s), Sewer, Trash, Water
- HOA fee: $668 monthly
Location
- Region: Panama City Beach
Financial & listing details
- Price per square foot: $266/sqft
- Tax assessed value: $276,250
- Annual tax amount: $3,097
- Date on market: 5/13/2026
- Cumulative days on market: 85 days
- Electric utility on property: Yes
Estimated market value
$277,600
$264,000 - $291,000
$2,610/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/13/2026 | Listed for sale | $290,000-10.8%$266/sqft |
Source:  CPAR #789820 Report a problem | ||
| 5/16/2022 | Sold | $325,000+6.6%$298/sqft |
Source: CPAR #724190 Report a problem | ||
| 3/31/2022 | Pending sale | $305,000$280/sqft |
Source: CPAR #724190 Report a problem | ||
| 3/26/2022 | Listed for sale | $305,000+61.4%$280/sqft |
Source: CPAR #724190 Report a problem | ||
| 11/30/2020 | Sold | $189,000-0.5%$174/sqft |
Source: CPAR #700659 Report a problem | ||
| 9/5/2020 | Price change | $189,900+0.8%$174/sqft |
Source: Century 21 Blue Marlin Pelican #700659 Report a problem | ||
| 8/9/2020 | Listed for sale | $188,321+50.7%$173/sqft |
Source: Century 21 Blue Marlin Pelican #700659 Report a problem | ||
| 5/1/2017 | Listing removed | $125,000$115/sqft |
Source: Pelican Real Estate & Develop #644569 Report a problem | ||
| 4/4/2016 | Listed for sale | $125,000+48.3%$115/sqft |
Source: Pelican Real Estate & Develop #644569 Report a problem | ||
| 6/17/2002 | Sold | $84,300$77/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,593 +1.8% | $276,250 |
| 2023 | $3,530 +52% | $276,250 +56.1% |
| 2022 | $2,322 | $176,949 |
| 2021 | -- | -- |
| 2020 | $1,447 +7.5% | $102,048 +10% |
| 2019 | $1,347 | $92,771 +10% |
| 2018 | $1,347 +9.6% | $84,337 +10% |
| 2017 | $1,229 +21.5% | $76,670 +10% |
| 2016 | $1,012 +11.5% | $69,700 -6% |
| 2015 | $908 | $74,163 -3.7% |
| 2014 | $908 | $77,000 +6.7% |
| 2013 | -- | $72,165 -10% |
| 2012 | -- | $80,185 |
| 2011 | -- | $80,185 -8.8% |
| 2010 | -- | $87,920 -12% |
| 2009 | -- | $99,909 -21.5% |
| 2008 | -- | $127,272 -13% |
| 2007 | -- | $146,371 -18% |
| 2006 | -- | $178,501 +155% |
| 2005 | -- | $70,001 |
| 2004 | -- | $70,001 |
| 2003 | -- | $70,001 +52.2% |
| 2002 | -- | $46,001 |
| 2001 | -- | $46,001 |
| 2000 | -- | $46,001 |
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.Climate risks
Neighborhood: 32413
Nearby schools
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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