301 Lullwater Drive 411, Panama City Beach, FL 32413 (MLS# 789820)

List Price/SqFt: 266.3

Status: Active

List Date: 2026-05-13

List Price: $290,000

Current Price: $290,000

Unit #: 411

Sub Area: 0320 - Beach - Middle Central

Community/Resort: None

Waterfront: Yes

Gulf Access: No

Elementary School: Hutchison Beach

Middle School: Surfside

High School: Arnold

Directions: From Front Beach Road, North on Lullwater Drive. Lullwater Beach Condos immediately on the right. From Back Beach, South on Lullwater Drive, the complex is on the left just before Front Beach Rd.

Area: 03 - Bay County - Beach

Street #: 301

Street Name: Lullwater

Street Suffix: Drive

State: FL

Zip Code: 32413

County: Bay

Subdivision: Lullwater Beach

Parcel ID: 33647-050-000

Legal Description: LULLWATER BEACH CONDO UNIT 411 ORB 986 P 1866 2BR 2B 1089 H&C ORB 4565 P 697

Floor Number: 2

Design: Low-Rise (1-3 floors)

Apx SqFt(Htd/Cooled): 1089

Immediate Occupancy: Yes

Construction Status: Construction Complete

SqFt Source: Prop App Site

Lot Dimensions: zero lot line

New Construction: No

Garage Y/N: No

Pool: Yes

Pool Type: Community

Sub-Type: Condominium

Bedrooms: 2

Full Baths: 2

Total Baths: 2

Year Built: 1984

HOA Fee: Yes

HOA Amount: 667.83

HOA Frequency: Monthly

HOA Annual Amount: 8013.96

New Buyer Fee: No

Last Taxes: 3097

Last Tax Year: 2025

Brokerage Interest: No Interest

Condo Doc: Yes

Remarks: Welcome to Lullwater Beach Unit 411, ideally situated just steps away from the beach! 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 $31,321 in 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. Additional improvements include a newer HVAC system (2022), washer and dryer (2023), and water heater (2022). 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.

Second: 1

Fenced: 1

Inground: 1

Dishwasher: 1

Microwave: 1

Range - Electric: 1

Refrigerator: 1

Washer/Dryer Stacked: 1

Water Heater - Electric: 1

Floor - Tile: 1

Floor - Vinyl Plank: 1

Stairs: 1

Window - Treatment All: 1

Siding - Vinyl: 1

Balcony: 1

Built-in Barbecue/Grill: 1

Shower: 1

Dock: 1

Accounting: 1

Dumpster: 1

Ground Keeping: 1

Master Association: 1

Pest Control: 1

Pool: 1

Repairs/Maintenance: 1

Sewer: 1

Trash Disposal: 1

TV Cable: 1

Water: 1

Cash: 1

Conventional: 1

Furnished: 1

Near Beach Access: 1

Waterfront: 1

Within 1/2 Mile to Water: 1

Zero Lot Line: 1

Parking Lot: 1

MBath Shower Only: 1

BBQ Pit/Grill: 1

Dock: 1

Dumpster: 1

Fishing: 1

Laundry: 1

Pool: 1

Waterfront: 1

Sidewalks: 1

Bedroom: 1

Master Bathroom: 1

Electricity - Availabile: 1

Public Sewer - Connected: 1

Public Water - Connected: 1

Lake: 1

Lakefront: 1

First: 1

Ceiling Fan(s): 1

Central Air: 1

Electric: 1

Central: 1

Electric: 1

Smoke Detector(s): 1