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Harrison Lilly Team

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

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127 Terrapin Close , Panama City Beach, FL 32413
$715,000
Est. Payment: $3,950.27/mo
5 Bed
3 Bath
2439 Sqft
0.09 Acres
Status: Active | Days on site: 73
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CPSFL2 - B12325
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Harrison Lilly Team
Owner/Operator

House Description

Where coastal charm meets everyday luxury, welcome to 127 Terrapin Close. Nestled in one of Panama City Beach's most desirable residential communities, this beautifully maintained 5-bedroom, 2.5-bath home offers over 2,400 square feet of thoughtfully designed living space just minutes from the area's sugar-white beaches, Pier Park, Frank Brown Park, and Northwest Florida Beaches International Airport. The open-concept floor plan seamlessly connects the living, dining, and kitchen areas, creating an inviting space for entertaining and everyday living. The updated kitchen features granite countertops and custom cabinetry, while the first-floor primary suite offers privacy and convenience. Upstairs, four additional bedrooms and a versatile loft provide flexibility for family, guests, a home office, or playroom. Enjoy your morning coffee on the screened porch or unwind on the balcony after a day at the beach. Oversized closets, a spacious two-car garage, and recent HVAC updates add comfort and peace of mind. Unlike many Panama City Beach communities, short-term rentals are prohibited, preserving the neighborhood's peaceful residential atmosphere. Residents also enjoy resort-style amenities including a community pool, clubhouse, pickleball and tennis courts, an amphitheater, and beautifully maintained common areas. This home offers the perfect blend of coastal living, modern comfort, and an exceptional location.

Highlights

Listed by Jessica Shuflitowski , 850-624-5560 Compass Florida, LLC , 850-296-9769. Bay County Association of REALTORS

Property Type

Residential

Lot/Acreage
0.09

HOA Fee

818 Quarterly

Year Built

2015

County

Bay

Area

03 - Bay County - Beach

Neighborhood

Turtle Cove At Lake Powell

Listing ID

792127

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:5
  • ▪ Bathrooms:3
  • ▪ Full Bathrooms:2
  • ▪ 1/2 Bathrooms:1
Appliances:Electric Cooktop, Electric Oven, Electric Water Heater, Ice Maker
Air Cond:Ceiling Fan(s),Multi Units
Fireplaces:
Other:
  • ▪ Additional:Double Vanity, Main Level Primary, Soaking Tub, Separate Shower, Walk-In Closet(s), Loft

Exterior Features

Lot:Cul-De-Sac,Paved
Lot Dimensions:40x98
Zoning:Resid Single Family
Roof:Composition,Shingle
Others:
  • ▪ Additional:Dock, Porch
Sewer:Public Sewer
Parking Features:Garage,Garage Door Opener
Principal Interest
$3,950
Taxes
$456
HOA
$818

Home Price

$715,000

Loan Details

30 yrs
7.374%

Down Payment

20%
$143,000
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:
$3,950.27

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $3,950.27 $455.81 $818.00 $5,224.08
Yearly $47,403.26 $5,469.75 $9,816.00 $62,689.01
Total $1,422,097.92 $164,092.50 $294,480.00 $1,880,670.42

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

© 2026 Bay County Association of REALTORS