About This Home

This 2-bedroom, 2-bathroom condo at 301 Lullwater Drive #435 in Panama City Beach, FL is listed for $248,000 ($228 per sqft). Built in 1984, the home offers 1,089 sqft of living space on a N/A lot.

Key Features

  • Built in 1984
  • Waterfront

Property Details

2 full
#435
1984

Amenities

WaterfrontViewA/C
Listing 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!

Monthly Cost Estimate

$1,994/mo

20% down · 6.5% · 30 years

Principal$179
Interest$1,075
Insurance$72
HOA$668

Estimates only. Actual payments may vary.

Location

301 Lullwater Drive #435

Panama City Beach, FL 32413

Lullwater Beach

Features & Amenities

Interior Features

DoubleVanityInteriorStepsTubShowerUpperLevelPrimary

Exterior Features

BarbecueDockOutdoorShower

Property Details

Construction

VinylSiding

Views

Lake

Parking

Parking Lot

Heating

Electric (Heating)Central

Cooling

Ceiling Fan(s)Central Air

Appliances

WasherDryerStackedElectricRangeElectricWaterHeater

Questions & Answers

This 2-bedroom, 2-bathroom condo at 301 Lullwater Drive is listed at $248,000 ($228/sqft). The estimated monthly payment is $1,994 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $668/month.

Key features include: Built in 1984, Waterfront. Interior Features: DoubleVanity, InteriorSteps, TubShower. Exterior Features: Barbecue, Dock, OutdoorShower.

This property is listed by Maxim Sedov.

MS

Maxim Sedov

License 3270994

Agent at Keller Williams Success Realty

Listed by Keller Williams Success Realty · Broker phone: (850) 249-0313 · View on Broker Site

MLS# 789034· Source: Central Panhandle Association of REALTORS· 187 days on PropertySimple

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.

301 Lullwater Drive #435, Panama City Beach, FL 32413

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