278 Lullwater Drive
Panama City Beach, FL 32413
MLS# 728682
Status:
Sold3 beds | 2 baths | 1488 sqft
Property Description''CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS.'' This is very special opportunity to own a single family house with a private pool, within walking distance to the beach and Pier Park, which allows vacation rentals. Whether you are looking for an investment property or family home, this is a great location. The zoning is commercial which allows short term rentals and is rare for the area. This house was completely remodeled a couple of years ago. You can move right in or start making money. The beach access is right across the street. The owners mainly used the house has a 2nd home but have recently started to rent it. We have rental projections that this house could gross $90K. A single story house with no stairs and total privacy. Showings will only be on Sundays between
List Price/SqFt: 504.03
Status: Sold
List Date: 2022-06-27
List Price: $750,000
Sub Area: 0320 - Beach - Middle Central
Community/Resort: None
Waterfront: No
Elementary School: Hutchison Beach
Middle School: Surfside
High School: Arnold
Directions: From Pier Park go West on Front Beach Rd. Turn right on Lullwater Dr. It's the first house on the left.
Area: 03 - Bay County - Beach
Street #: 278
Street Name: Lullwater
Street Suffix: Drive
State: FL
Zip Code: 32413
County: Bay
Subdivision: El Centro Beach
Parcel ID: 33615-000-000
Legal Description: EL CENTRO BEACH MAP-29B4 LOT 38 BLK 30 ORB 3928 P 432
Acreage: 0.34
Design: Beach House
Lot Size (SqFt): 14941
Apx SqFt(Htd/Cooled): 1488
Construction Status: Construction Complete
SqFt Source: Prop App Site
Half Baths: 0
Lot Dimensions: Irr.
Garage Y/N: No
Sub-Type: Detached Single Family
Total Baths: 2
Year Built: 1994
HOA Fee: No
New Buyer Fee: No
Last Taxes: 3292
Last Tax Year: 2021
Brokerage Interest: No Interest
Remarks: ''CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS.'' This is very special opportunity to own a single family house with a private pool, within walking distance to the beach and Pier Park, which allows vacation rentals. Whether you are looking for an investment property or family home, this is a great location. The zoning is commercial which allows short term rentals and is rare for the area. This house was completely remodeled a couple of years ago. You can move right in or start making money. The beach access is right across the street. The owners mainly used the house has a 2nd home but have recently started to rent it. We have rental projections that this house could gross $90K. A single story house with no stairs and total privacy. Showings will only be on Sundays between
Sold Price/SqFt: 493.95
Sold Price/Acre: 2161764.71
Under Contract Date: 2022-08-01
Sold Date: 2022-09-07
Fenced Back Yard: 1
Pool: 1
Near Beach Access: 1
Within 1/2 Mile to Water: 1
Exterior: Fenced Back Yard; Pool
Lot Features: Near Beach Access; Within 1/2 Mile to Water
| Room Name | Level | Dimensions | Length | Width | Dimensions |
| Bedroom | First | 12 x 12 | 12.00 | 12.00 | 12 x 12 |
| Bedroom | First | 12 x 12 | 12.00 | 12.00 | 12 x 12 |
| Kitchen | | 15 x 15 | 15.00 | 15.00 | 15 x 15 |
Listing Office: Bay to 30A Realty
Last Updated: May - 27 - 2026
Information deemed reliable but not guaranteed.