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$248,000 Just Listed

  • For Sale
  • Active
  • Condo
  • 2 Beds
  • 2 Full Baths
  • Updated 3 days ago
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Best value in Lullwater Condos--just steps from the beach! This beautifully renovated 2-bedroom, 2-bath 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 over $10,000 in 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!

Full Property Details for 301 Lullwater Dr #435

General

  • Price: $248,000
  • Taxes: $3,097 (2025)
  • Status: Active
  • Type: Condo
  • Source: Bay_County
  • MLS ID: 789034
  • Updated: 4/28/2026
  • Added to Site: 3 day(s) ago

Interior

  • Number of Rooms: 2
  • Interior Features: Interior Steps
  • Appliances: Washer/Dryer Stacked, Electric Range, Electric Water Heater
  • Flooring: Luxury Vinyl Plank

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 2

Other Rooms

  • Laundry: Stacked

Additional Information

  • Pool: Yes
  • Pool Description: In Ground, Community
  • Security/Safety: Smoke Detector(s)

Exterior

  • Exterior Features: Barbecue, Dock, Outdoor Shower
  • Porch/Patio/Deck: Balcony

Parking

  • Parking Features: Parking Lot

Location

  • County: Bay
  • Subdivision: Lullwater Beach
  • Driving 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.

School Information

  • Elementary School: Hutchison Beach
  • Middle School: Surfside
  • High School: Arnold

Community

  • Community Name: 03 - Bay County - Beach
  • Association: Yes

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Ceiling Fan(s)
  • Heating Type: Central, Electric

Utilities

  • Sewer: Public Sewer
  • Utility Description: Electricity Available

Structural Information

  • Architectural Style: Low Rise
  • Construction: Vinyl Siding
  • Sq. Ft. Source: Appraiser
  • Year Built: 1984
  • Other Struct. Feat.: Dumpster

Lot Features

  • Property View: Lake
  • Lot Dimensions: zero lot line

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front Desc.: Lake, Lake Front
  • Water Front View: Lake, Lake Front
  • Lake Front: Yes
  • Boat Dock Slip: Yes

Financial Considerations

  • Tax Amount: $3,097
  • Tax Year: 2025

Disclosures and Reports

  • Legal Description: LULLWATER BEACH CONDO UNIT 435 ORB 986 P 1866 2BR 2B 1089 H&C ORB 4283 P 1948
  • Property ID: 33647-074-000

Listed by Keller Williams Success Realty

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— 301 Lullwater Dr #435 —

  • Keller Williams Success Realty

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Price & Sales History for 301 Lullwater Dr #435 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/28/2026
Listed
$248,000
3.77%
MLS
2/27/2025
Sold
$239,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 301 Lullwater Dr #435

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,505
-23%
$229,500
-17%
2024
$3,245
6%
$276,250
—
2023
$3,069
50%
$276,250
72%
2021
$2,044
-12%
$160,863
-18%
2022
$2,322
14%
$196,563
73%
2021
$2,044
52%
$113,640
22%
2019
$1,347
10%
$92,771
10%
2018
$1,229
21%
$84,337
-9%
2017
$1,012
22%
$92,650
33%
2016
$830
-9%
$69,700
-6%
2015
$908
-3%
$74,163
-4%
2014
$940
17%
$77,000
7%
2013
$802
—
$72,165
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Keller Williams Success Realty

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301 Lullwater Drive #435, Panama City Beach, FL 32413 (MLS# 789034) is a Condo property with 2 bedrooms and 2 full bathrooms. 301 Lullwater Drive #435 is currently listed for $248,000 and was received on April 28, 2026. Want to learn more about 301 Lullwater Drive #435? Do you have questions about finding other Condo real estate for sale in Panama City Beach? You can browse all Panama City Beach real estate or contact a Coldwell Banker agent to request more information.

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