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301 Lullwater Drive, Unit 411
Panama City Beach, FL 32413

$290,000 - Status: Active
Bed Icon Beds: 2
Bath Icon Baths: 2 full
Sq Feet Icon SQFT (H&C): 1,089
MLS Icon MLS# 789820

Welcome to Lullwater Beach Unit 411, ideally situated just steps away from the beach! This recently updated, freshly painted, and fully furnished 2-bedroom, 2-bath condo offers the perfect combination of coastal charm and strong investment potential. The property already has over $18,000 in secured future bookings for 2026, with projected gross rental income estimated to reach approximately $40K by the end of the year. Tastefully furnished and rental-ready, this condo comfortably sleeps up to 6 guests and features an updated kitchen with newer appliances, luxury vinyl plank flooring throughout the living room, kitchen, and bedrooms, along with tile flooring in both bathrooms. Both bathrooms have been upgraded with beautifully tiled showers. Additional improvements include a newer HVAC system (2022), washer and dryer (2023), and water heater (2022). Enjoy relaxing by the community pool or taking in tranquil lake views from your private back porch overlooking Lullwater Lake. Located less than half a mile from Pier Park, about one mile from Frank Brown Park, and only minutes from dining, shopping, and entertainment, this property is an excellent option for a vacation home, primary residence, or income-producing rental. The Lullwater community has recently undergone extensive exterior upgrades, including new siding, roofs, decks, and staircases. Owners also benefit from ample parking and a pet-friendly environment. This turnkey beach retreat is a fantastic opportunity in one of Panama City Beach's most convenient and desirable locations.

Property Features

MLS#: 789820
Zip: 32413
Subdivision: Lullwater Beach
Development: 0320 - Beach - Middle Central
Property Type: Residential - Condominium
Cooling: Central Air, Ceiling Fan(s)
Days on Site: 20
Fenced: Yes
Heating: Central, Electric
Home Style: Low Rise
Taxes: $3,097
Year Built: 1984
SQFT (H&C): 1,089

Feature Descriptions

Appliances: Washer/Dryer Stacked, Electric Range, Electric Water Heater
Building Features: Dumpster
Community Features: Dock, Fishing, Laundry Facilities, Pool, Waterfront, Barbecue, Community Pool, Short Term Rental Allowed
Exterior: Vinyl Siding
Exterior Features: Barbecue, Dock, Outdoor Shower
Interior Features: Interior Steps
Laundry: Stacked
Parcel#: 33647-050-000
Parking: Parking Lot
Parking Notes: Parking Lot
Patio/Porch: Balcony
Pool: Fenced, In Ground, Community
Security: Smoke Detector(s)
Sewer: Public Sewer
Special View Info: Lake
Utilities: Electricity Available
Waterfront: Lake, Lake Front

Room Sizes

Bedroom: 12 X 11 Level - First
Primary Bathroom: 14 X 14 Level - Second

Local Schools

High School: Arnold
Middle School: Surfside
Elementary School: Hutchison Beach

301 Lullwater Drive, Unit 411 | MLS# 789820

This condo located at 301 Lullwater Drive, Unit 411, Panama City Beach, FL 32413 is currently listed for sale with an asking price of $290,000. This property was built in 1984 and has 2 bedrooms and 2 full baths with 1089 sq. ft. Lullwater Drive, Unit 411 is located in the Lullwater Beach subdivision. Search Lullwater Beach real estate on rmerritt.beachybeach.com today.

Listed By / Shown By

Listed By

Agency Name: Keller Williams Success Realty

Shown By

Agent Name: Regina Merritt
Agent Phone: (334) 790-0983
Agency Title: Beachy Beach Real Estate

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 06/02/2026. The listing information on this page last changed on 06/02/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 06/02/2026 1:52:12 PM EST) or Emerald Coast MLS (last updated Tue 06/02/2026 1:45:41 PM EST) or Central Panhandle Association of Realtors (last updated Tue 06/02/2026 1:47:48 PM EST). Real estate listings held by brokerage firms other than Beachy Beach Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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