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411/301 Lullwater Dr

Panama City Beach FL 32413

2
2
1089 sq. ft.
Condo
Currently for sale - view listing

Overview

Welcome to Lullwater Beach Unit 411, ideally situated just steps away from the beach! HVAC system (2022), washer and dryer (2023), and water heater (2022). 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 numerous 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. 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.

Features

2 bedrooms
2 bathrooms
1089 sq. ft. floor area
Condo

Property history for 411/301 Lullwater Dr

2022
Sold
$325,000
16 May 2022 by J3/Jim Hodges, of Coastal Sun Realty LLC
2020
Sold
$189,000
30 Nov 2020 by Michael Monahan Broker Associate, of CENTURY 21 Blue Marlin Pelican

Happy sellers in Panama City Beach

79%
79% of sellers in Panama City Beach reported that their sale price either exceeded or met their price expectations.

Panama City Beach stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 16 reviews in Panama City Beach over the last 12 months.

Local market activity for 2 bedroom condos in Panama City Beach

In the last 12 months, 197 two-bedroom condos similar to 411/301 Lullwater Dr, have been sold.

This represents a 10% decrease in two-bedroom condos sales when compared to the previous 12 months.

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