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 $31,321 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.
Listed By
Agency Name: Keller Williams Success Realty
Shown By
Agency Title: Premier Property Group
Agency Phone: 850-337-1555
Estimated Payment
$ 988.08 per month $645.41 Principal & Interest $258.08 Property Tax $84.58 Homeowner's Insurance
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 www.premierfl.com today.