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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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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 Ryan C Jones , 678-523-2650 Compass , 850-296-9769. Emerald Coast Multiple Listing Services

Property Type

Residential

Lot/Acreage
0.09

HOA Fee

Year Built

2015

County

Bay

Area

27 - Bay County

Neighborhood

Turtle Cove At Lake Powell

Listing ID

1006788

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:5
  • ▪ Bathrooms:3
  • ▪ Full Bathrooms:2
  • ▪ 1/2 Bathrooms:1
Appliances:Auto Garage Door Opn, Cooktop, Dishwasher, Disposal, Microwave, Oven Self Cleaning, Range Hood, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Water Heater - Elect
Air Cond:Ceiling Fans,Central Air
Fireplaces:
Floor:Floor Tile,Floor WW Carpet
Other:
  • ▪ Additional:Breakfast Bar, Ceiling Raised, Ceiling Tray/Cofferd, Kitchen Island, Washer/Dryer Hookup

Exterior Features

Lot:Covenants,Cul-De-Sac,Curb & Gutter,Restrictions,Sidewalk,Within 1/2 Mile to Water
Lot Dimensions:42X107
Zoning:Resid Single Family
Others:
  • ▪ Additional:Balcony, Columns, Sprinkler System, Porch, Porch Screened
Sewer:Public Sewer
Parking Features:Garage
Principal Interest
$3,950
Taxes
$333
HOA
$0

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

Principal Taxes HOA Total
Monthly $3,950.27 $332.79 $0.00 $4,283.06
Yearly $47,403.26 $3,993.46 $0.00 $51,396.72
Total $1,422,097.92 $119,803.80 $0.00 $1,541,901.72

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 Emerald Coast Multiple Listing Services, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-10-07T06:31:40.000Z

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