4 months on rocket

301 Lullwater Dr Unit 277, Panama City Beach, FL, 32413

$199,000

Home List Price

$2,363*

Closing Credit

1 Full Bath
476 SqFt
$418/SqFt
Condo

Location

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301 Lullwater Dr Unit 277, Panama City Beach$199,000

Buyer Closing Credits

$2,363*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAdditional Parking, Parking Lot
Year Built1984
CoolingWall Unit(s)
WaterfrontDock Access, Lake Front, Seawall
ViewLake
MLS #761052
StatusActive

About 301 Lullwater Dr Unit 277

This great vacation or short term rental opportunity comes fully furnished and is turnkey! You can cross Front Beach Road to the Beach and travel a half mile to Pier Park. Imagine yourself in this updated, first floor studio enjoying all of the amenities you could ask for. Just out the patio door is Lullwater Lake and within steps of the pool. The living area easily fits the full sized couch, ottoman, a 50 inch TV, and a small dining table. A king sized bed, a full length mirror, and room for a dresser fit neatly in the sleeping area. The full-sized kitchen is outfitted with stainless steel appliances. A recently renovated bathroom has a tub/shower combination and single vanity which includes a humidity sensing fan. This condo has a new HVAC, new luxury vinyl plank flooring, and a new sliding patio door. Rental income for 2023 was $29,000 and for 2022 was $33,000 in this self-managed condo. The HOA is only $625 per month. Don't miss your opportunity to purchase this gem!

Property Details

Property Features

Property Information:

  • Architectural Style: Low Rise
  • Year Built: 1984
  • Living Area: 476 SqFt

Listing Office:

  • Office Name: Corcoran Reverie

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator

Bedroom and Bathroom Information:

  • Full Bathrooms: 1

Exterior Features

Exterior Information:

  • Waterfront: Dock Access, Lake Front, Seawall
  • View: Lake
  • Exterior: Patio

Parking Information:

  • Parking: Additional Parking, Parking Lot

Utilities

Utilities Information:

  • Cooling: Wall Unit(s)

Other

Directions Information:

  • Directions: From Front Beach Road, North on Lullwater Drive. Lullwater Beach Condos immediately on the right. From Back Beach, South on Lullwater Drive, the complex is on the left just before Front Beach Rd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $199,000
  • Price Per SqFt: $418/SqFt

HOA Fees:

  • Amount: $625
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $1,052
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Panama City Beach, FL.

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Panama City Beach, FL

City

Med. Sold Price

$454.5K

Med. Price/SqFt

$321

Avg. Days On Market

104

# of Sold Homes

123

301 Lullwater Dr Unit 277 vs Panama City Beach

136 DAYS ON ROCKET

+32 Days

$199,000

-$255.5K Less

$418/SqFt

+$97 More

KEY TAKEAWAY

This property is $255.5K less than the Median Sold Price and $97/SqFt more than other homes in Panama City Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BCAR
  • MLS Number: #761052

Listing Office:

  • Office Name: Corcoran Reverie

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively 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 deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2024 Central Panhandle Association of REALTORS.© All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 9:21:01 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 23, 2021Home Sold
$175,000
Jun 03, 2021Home Sold
$133,000
Jan 28, 2019Home Sold
$80,000
Feb 09, 2016Home Sold
$52,500
May 03, 2013Home Sold
$47,500
Mar 20, 2003Home Sold
$55,000
Mar 13, 2002Home Sold
$50,000
Aug 31, 2000Home Sold
$36,000
Oct 15, 1999Home Sold
$35,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,052$70,720
2018$821$49,789
2017$558$45,263

History based on county public records data.

Payment Calculator

$1,686

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$663

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-932859
5
/10

  • Hutchison Beach Elementary School

  • 12900 Hutchison Blvd

  • 3.15 miles

  • Public District Grades KG-5

school-card-donut-932860
7
/10

  • West Bay Elementary School

  • 14813 School Dr

  • 4.95 miles

  • Public District Grades KG-5

school-card-donut-932861
7
/10

  • Patronis Elementary School

  • 7400 Patronis Dr

  • 7.95 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $45,887. The majority of Panama City Beach, FL residents have income between $35k-100k annually. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 301 Lullwater Dr Unit 277

What is the listing price of this property?

The listing price of 301 Lullwater Dr Unit 277 property is $199,000.

What type of property is this?

The property 301 Lullwater Dr Unit 277 is a condo located in Panama City Beach, Florida, 32413.

Is this property for sale now?

Active Listing: 301 Lullwater Dr Unit 277 is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,052 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 23, 2021 for $175,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 301 Lullwater Dr Unit 277 has 1 bathroom..

What is the square footage of this property?

The property 301 Lullwater Dr Unit 277 is 476 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 301 Lullwater Dr Unit 277 is 1984.

Rocket Homes›Florida›Bay County›Panama City Beach›32413›301 Lullwater Dr Unit 277

This home is located at 301 Lullwater Dr Unit 277 in Panama City Beach, FL and zip code 32413 in the El Centro Beach neighborhood. This 476 square foot home was built in 1984. Features: 1 bathroom. It has been listed on Rocket Homes since August 08, 2024 and is currently priced at $199,000.

In November 2024 more than 8 listings in Panama City Beach, FL were sold above the asking price. During the same period more than 25 listings were sold at asking price, while more than 90 were sold below. The number of homes for sale in Panama City Beach, FL increased by 1% between October 2024 and November 2024. In November 2024, listings were on the market for 104 days. During the same period, the median list price in this real estate market was $454,516.

From Rocket Homes Real Estate and based on county public records data.

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