301 Lullwater Drive 411, Panama City Beach, FL 32413

• 2 beds |
• 2 baths |
• 1,089 sqft

Property Description

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.

Listing Status:

Active

Date Added:

May 13, 2026

Data Last Updated:

May 24, 2026 at 8:16PM

Listing Office:

Keller Williams Success Realty : 850-249-0313

MLS ID:

789820

Interior

• General: Interior Steps
• Appliances: Washer/Dryer StackedElectric RangeElectric Water Heater
• Laundry: Stacked
• A/C: Central AirCeiling Fan(s)
• Heating: CentralElectric

Exterior

• General: BarbecueDockOutdoor Shower
• Style: Low Rise
• Other Structures: Balcony
• Pool: FencedIn GroundCommunity
• Parking: Parking Lot

Construction

• General: Vinyl Siding

Location

• Originating MLS: CPAR_CPAR
• County: Bay

Lot

• Zoning: LULLWATER BEACH CONDO UNIT 411 ORB 986 P 1866 2BR 2B 1089 H&C ORB 4565 P 69733647-050-000
• View: LakeView

Utilities

• Utilities: Electricity Available
• Sewer: Public Sewer

Financial

• Source: CPAR_CPAR