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Harrison Lilly Team

Owner/Operator | Harrison Lilly Emerald Coast | Harrison Lilly Realty | PLACE

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301 Lullwater Dr Unit 411 , Panama City Beach, FL 32413
$290,000
Est. Payment: $1,602.21/mo
2 Bed
2 Bath
1089 Sqft
Status: Active | Days on site: 63
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BKWS - B1482
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Harrison Lilly Team
Owner/Operator

House Description

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.

Highlights

Listed by Maxim Sedov , 850-319-5725 Keller Williams Success Realty , 850-249-0313. Bay County Association of REALTORS

Property Type

Condo/Townhome

HOA Fee

Year Built

1984

County

Bay

Area

03 - Bay County - Beach

Neighborhood

Lullwater Beach

Listing ID

789820

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:2
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:2
Appliances:Washer/Dryer Stacked, Electric Range, Electric Water Heater
Air Cond:Central Air,Ceiling Fan(s)
Fireplaces:
Other:
  • ▪ Additional:Interior Steps, Shower Only, Upper Level Primary

Exterior Features

Lot Dimensions:zero lot line
Others:
  • ▪ Additional:Barbecue, Dock, Outdoor Shower
Sewer:Public Sewer
Parking Features:Parking Lot
Principal Interest
$1,602
Taxes
$258
HOA
$0

Home Price

$290,000

Loan Details

30 yrs
7.374%

Down Payment

20%
$58,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,602.21

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,602.21 $258.08 $0.00 $1,860.29
Yearly $19,226.50 $3,097.00 $0.00 $22,323.50
Total $576,794.96 $92,910.00 $0.00 $669,704.96

Today's Rates

30 Year

7.37%

20 Year

7.27%

15 Year

6.8%

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Market insight data is pulled from the same city as the listing being viewed (Panama City Beach, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bay County Association of REALTORS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-10-07T08:07:44.000Z

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