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Listing #790744 located in Panama City, FL, 32413Active
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$799,000

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278 Lullwater Drive, Panama City, FL, 32413

3 Beds2/0 Baths1994 Year Built0.24 Acres183×176 Lot Size

About This Property

Active | MLS #790744 | Listed Jun 2, 2026

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!

Property Features

  • Appliances: Electric Oven,Electric Range,Electric Water Heater
  • Architectural Style: Coastal
  • Construction Materials: Concrete,Stucco
  • Elementaryschool: Hutchison Beach
  • Heating: Central
  • Highschool: Arnold
  • Middleorjuniorschool: Surfside
  • MLS Area: 03 – Bay County – Beach
  • MLS Sub Area: 0320 – Beach – Middle Central
  • Parking Features: RV Access/Parking
  • Pool Features: Electric Heat,In Ground,Salt Water,Private
  • Property Sub Type: Single Family Residence
  • Special Listing Conditions: Listed As-Is
  • Subdivision Name: El Centro Beach
  • Waterfront: No

Location

278 Lullwater Drive, Panama City, FL, 32413

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Price History

DateEventPrice
Jun 3, 2026Listed for sale$799,000

Listing updated: Jun 3, 2026

Listed by: Dalton Wade Inc

Source: Central Panhandle Association of REALTORS®, Inc., MLS#: 790744

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