Best value in Lullwater Condos - just steps from beach! This beautifully renovated 2Bd/ 2Ba 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 numerous 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!
For sale
$248,000
301 Lullwater Dr Unit 435, Panama City Beach, FL 32413
2beds
1,089sqft
Condominium
Built in 1984
-- sqft lot
$234,800 Zestimate®
$228/sqft
$668/mo HOA
What's special
Plenty of parkingCommunity poolUpdated kitchenRenovated primary bathroom
- 123 days
- 1,411
- 82
Zillow last checked:
Listing updated:
Listed by:
Maxim Sedov 850-319-5725,
Keller Williams Success Realty
Source: CPAR,MLS#: 789034
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
- Double Vanity, Interior Steps, Tub Shower, 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: In Ground, Community
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake, Lake Front
Details
- Parcel number: 33647074000
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: $228/sqft
- Tax assessed value: $276,250
- Annual tax amount: $3,097
- Date on market: 4/28/2026
- Cumulative days on market: 97 days
- Electric utility on property: Yes
Estimated market value
$234,800
$223,000 - $247,000
$2,610/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/28/2026 | Listed for sale | $248,000+3.8%$228/sqft |
Source:  CPAR #789034 Report a problem | ||
| 2/27/2025 | Sold | $239,000-9.8%$219/sqft |
Source: CPAR #766213 Report a problem | ||
| 2/11/2025 | Contingent | $265,000$243/sqft |
Source: CPAR #766213 Report a problem | ||
| 2/11/2025 | Pending sale | $265,000$243/sqft |
Source:  ECAOR #949080 Report a problem | ||
| 1/18/2025 | Price change | $265,000-4.3%$243/sqft |
Source: ECAOR #949080 Report a problem | ||
| 12/14/2024 | Price change | $277,000-0.7%$254/sqft |
Source: ECAOR #949080 Report a problem | ||
| 12/4/2024 | Pending sale | $279,000$256/sqft |
Source: CPAR #756699 Report a problem | ||
| 10/27/2024 | Contingent | $279,000$256/sqft |
Source: CPAR #756699 Report a problem | ||
| 10/27/2024 | Pending sale | $279,000$256/sqft |
Source: ECAOR #949080 Report a problem | ||
| 10/4/2024 | Price change | $279,000-3.5%$256/sqft |
Source: CPAR #756699 Report a problem | ||
| 8/30/2024 | Price change | $289,000-0.3%$265/sqft |
Source: ECAOR #949080 Report a problem | ||
| 7/22/2024 | Price change | $290,000-4.9%$266/sqft |
Source: CPAR #756699 Report a problem | ||
| 7/10/2024 | Price change | $305,000-3.2%$280/sqft |
Source: ECAOR #949080 Report a problem | ||
| 5/4/2024 | Listed for sale | $315,000-4%$289/sqft |
Source: ECAOR #949080 Report a problem | ||
| 5/2/2024 | Listing removed | -- |
Source: CPAR #748668 Report a problem | ||
| 12/15/2023 | Price change | $328,000-2.1%$301/sqft |
Source: CPAR #748668 Report a problem | ||
| 11/1/2023 | Listed for sale | $335,000+76.4%$308/sqft |
Source: CPAR #748668 Report a problem | ||
| 8/7/2020 | Sold | $189,900$174/sqft |
Source: CPAR #694464 Report a problem | ||
| 5/16/2020 | Listed for sale | $189,900+123.7%$174/sqft |
Source: Keller Williams Success Realty #694464 Report a problem | ||
| 1/2/2015 | Listing removed | $84,900$78/sqft |
Source: Coastal Sun Realty LLC #626900 Report a problem | ||
| 12/16/2014 | Listed for sale | $84,900$78/sqft |
Source: Coastal Sun Realty LLC #626900 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,245 +5.7% | $214,108 +10% |
| 2023 | $3,069 +32.2% | $194,644 +10% |
| 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
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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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