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About This Home

This 3-bedroom, 3-bathroom single family at 227 Lullwater Drive in Panama City Beach, FL is listed for $595,000 ($327 per sqft). Built in 2026, the home offers 1,817 sqft of living space on a 0.21 acres lot.

Agent Description

Waterfront Luxury New Construction on Lullwater Lake! Introducing an exceptional waterfront residence on Lullwater Lake, where refined design meets effortless coastal elegance. This newly built two-story home offers 1,817 sq ft of curated living space, featuring 3 generously sized bedrooms, 2.5 designer baths, and a main-level primary suite for elevated comfort and privacy.

Built with quality and efficiency in mind, highlights include hurricane-impact windows and exterior doors, a Taexx in-wall pest control system, reclaimed-water irrigation, gutters, wrap-around fencing, spray-foam roof deck insulation, and dual mini-split A/C units for individualized climate control upstairs and down.

An oversized 1-car garage adds extra storage and convenience. Enjoy no HOA and no flood zone, plus a prime location just a short stroll to the beach, minutes from Pier Park for dining, shopping, and entertainment, and close to the recreation and sports facilities at Frank Brown Park Includes a 1-year builder warranty and 1-year transferable termite bond.

Ideal as a primary residence, second home, or long-term investment in a peaceful community (short-term rentals not permitted). Schedule your private tour today and discover waterfront living at its finest.

Key Features

  • Built in 2026
  • 0.21 acre lot
  • 2 stories
  • Waterfront

Property Details

2 stories
2 full, 1 half
2026

Amenities

WaterfrontViewA/C

Monthly Cost Estimate

$3,182/mo

20% down · 6.5% · 30 years

Principal$430
Interest$2,578
Insurance$174

Estimates only. Actual payments may vary.

Location

227 Lullwater Drive

Panama City Beach, FL 32413

El Centro Beach

Features & Amenities

Interior Features

InteriorSteps

Exterior Features

DeckRainGutters

Property Details

Construction

HardiplankType WoodFrame

Views

Lake

Pool Features

DeckPorch

Parking

GarageOpen

Heating

Electric (Heating)Central

Cooling

Central AirENERGY STAR Qualified EquipmentCeiling Fan(s)

Appliances

EnergyStarQualifiedAppliancesElectricRangeElectricWaterHeater

Questions & Answers

This 3-bedroom, 3-bathroom single family at 227 Lullwater Drive is listed at $595,000 ($327/sqft). The estimated monthly payment is $2,578 based on 20% down at 6.5% interest.

Key features include: Built in 2026, 0.21 acre lot, 2 stories, Waterfront. Interior Features: InteriorSteps. Exterior Features: Deck, RainGutters.

This property is listed by Oksana F Hobbs and can be reached at 8508669179 or oksana.hobbs@gmail.com.

OH

Oksana F Hobbs

Agent at Keller Williams Success Realty

(850) 866-9179

Listed by Keller Williams Success Realty · View on Broker Site

MLS# 778009· Source: listhub· Updated 284 days ago

Copyright © 2026 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

227 Lullwater Drive, Panama City Beach, FL 32413

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