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Harrison Lilly

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

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301 Lullwater Dr Unit 435 , Panama City Beach, FL 32413
$248,000
Est. Payment: $1,257.81/mo
2 Bed
2 Bath
1089 Sqft
Status: active | Days on site: 78
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Harrison Lilly
Owner/Operator

House Description

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!

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

789034

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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:Double Vanity, Interior Steps, Tub Shower, 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
$1,258
Taxes
$258
HOA
$0

Home Price

$248,000

Loan Details

30 yrs
6.529%

Down Payment

20%
$49,600
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:
$1,257.81

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,257.81 $258.08 $0.00 $1,515.89
Yearly $15,093.71 $3,097.00 $0.00 $18,190.71
Total $452,811.31 $92,910.00 $0.00 $545,721.31

Today's Rates

30 Year

6.53%

20 Year

6.33%

15 Year

5.93%

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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: 2026-08-20T06:33:19.000Z

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