Address
278 Lullwater Drive, Panama City, FL
Price
$ 799,000
Property Attributes
- MLS#790744
- TypeSingle Family
- Listing Status Active
- CountyBay
- CityPanama City
- Area03 - Bay County - Beach
- NeighborhoodEl Centro Beach
- Zip32413
- Style
- Year Built1994
- Taxes$ 7708
- Price$ 799,000
- Bedrooms3
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1488
- Lot Size0.24 Acres
Data Source:
Central Panhandle Association of REALTORS® (CPAR)
Property Description
Looking for a unicorn? This is a once in a lifetime property! Located just a 2-minute walk to the World's Most Beautiful Beaches and a short 10 min stroll to Pier Park! This single story 3-bedroom 2 bath house offers an open floor plan and is currently a successful short-term rental that has room for the whole family! This property is perfect for entertaining as it is set up to sleep 10 guest and with two driveways there is plenty of parking for 6-8 vehicles, trailers or an RV! Wanna get away from it all, step out back to your own slice of paradise! You will enjoy the private fenced in backyard where you can soak up some sun in the large saltwater swimming pool (with optional heating.) There is also a storage shed to hold all of your pool and beach toys along with custom hurricane shutters! If you are looking for an investment property, this one has great guest reviews and projections of over 85k. This West end location is hard beat with a 2 min. drive to Frank Brown Park, 1/2 mile to Pier Park and a short 15 min. drive to the airport or to 30A. Your guest will enjoy seeing the Pier Park Skywheel and seasonal firework views from the front yard! They will also love the close proximity to attractions like Dolly's Pirate Voyage, Top Golf and the Simulated Surf Park coming soon and all within a 5-minute drive! Another rare find that this property offers is the large lot zoned commercially and across the street from Lake Lullwater and the sugary white sands! The sellers have recently replaced the roof, added rock landscaping for easy upkeep and the 2nd concrete driveway! This property is turn key and just in time for vacation season with several reservations on the books for 2026! Don't let this one slip away, call me or your favorite agent today!
| Elementary School | Middle School | High School |
|---|---|---|
| Hutchison Beach Elementary School | Surfside Middle School | Arnold High School |
| Price History | |
|---|---|
| 6/3/2026 | Listed $799,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Property Subtype | Single Family Residence |
| Tax Year | 2025 |
| Community Features | Short Term Rental Allowed |
| County | Bay |
| Property Type | Residential |
| HOA | false |
| Subdivision Name | El Centro Beach |
| Special Listing Conditions | Listed As-Is |
| Status | Active |
| Directions | From Pier Park go West on Front Beach Rd. Turn right on Lullwater Dr. It's the first house on the left. |
| High School | Arnold |
| City | Panama City |
| MLS Area | 03 - Bay County - Beach |
| Lot Size Units | Acres |
| Lot Size Square Feet | 10454 |
| Elementary School | Hutchison Beach |
| Tax Annual Amount | 7708.35 |
| Middle/Junior High School | Surfside |
| MLS Area Minor | 0320 - Beach - Middle Central |
| Standard Status | Active |
| Property Sub Type Additional | Single Family Residence |
| Other Structures | Shed(s) |
| Occupancy Type | Tenant |
| Year Built | 1994 |
| Heating | Central |
| Appliances | Electric Oven,Electric Range,Electric Water Heater |
| Patio/Porch Features | Covered,Porch |
| Construction Materials | Concrete,Stucco |
| Attached Garage | false |
| Garage Y/N | false |
| Total Rooms | 3 |
| Full Baths | 2 |
| Architectural Style | Coastal |
| Pool Features | Electric Heat,In Ground,Salt Water,Private |
| Security Features | Security Fence,Security Lights |
| New Construction | false |
| Roof | Shake |
Interior Features
| Total Baths | 2 |
|---|---|
| Furnished Units | All Units |
| Heating Y/N | true |
| Total Bedrooms | 3 |
| LivingAreaSource | Appraiser |
Exterior Features
| Lot Size Area | 0.24 |
|---|---|
| Lot Dimensions | 183x176 |
| Mobile Home Dimensions | Feet |
| Lot Size Acres | 0.24 |
| Road Frontage Type | City Street |
| Parking Features | RV Access/Parking |
| Building Area Total | 1488 |
| Waterfront Y/N | false |
| Road Responsibility | Public Maintained Road |
| Fencing | Fenced |
| Private Pool | true |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 32413
Price
Taxes
Year Built
In The Neighborhood
Eco Friendly
Panama City Beach
$ 1,144,900
- Type
- Single Family
- Size
- 2,541 SqFt
- Rooms
- 4 Beds + 2 Baths
Listing data provided by: Central Panhandle Association of Realtors (CPAR)
Information deemed reliable but not guaranteed. The information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
