Address

227 Lullwater Drive, Panama City Beach, FL

Listing Type

Active

Price

$ 559,000

Your Agent

Mark Cowart

Managing Partner-Luxury Home Marketing Specialist

850-832-6000

Property Attributes

MLS#792142
TypeSingle Family
Listing Status Active
CountyBay
CityPanama City Beach
Area03 - Bay County - Beach
NeighborhoodEl Centro Beach
Zip32413
Style
Year Built2026
Taxes$ 1472
Price$ 559,000
Bedrooms3
Full Bathrooms2
Half Bathrooms1
Sqr Footage1817
Lot Size0.21 Acres

Data Source:

Central Panhandle Association of REALTORS® (CPAR)

Property Description

Brand-new lakefront construction in Panama City Beach! Located at 227 Lullwater Drive, this thoughtfully designed two-story home offers 1,817 sq. ft. of living space with 3 bedrooms, 2.5 baths, and a spacious main-level primary suite. Quality construction and features include hurricane-impact windows and doors, spray-foam roof deck insulation, Taexx in-wall pest control, reclaimed-water irrigation, gutters, wrap-around fencing, and an oversized 1-car garage. Enjoy the convenience of no HOA and a location outside the flood zone. The beach is within walking distance, while Pier Park, Frank Brown Park, restaurants, shopping, and entertainment are just minutes away. Move-in ready and offering a 1-year builder warranty and transferable termite bond, this home is well suited for a primary residence, second home, or investment property. Schedule your private showing today!

Elementary School	Middle School	High School
Hutchison Beach Elementary School	Surfside Middle School	Arnold High School

Price History
7/2/2026	Listed $589,900
8/8/2026	5$559,000

General Features

Sewer	Public Sewer
Utilities	Electricity Available,Natural Gas Available
Property Subtype	Single Family Residence
Tax Year	2025
County	Bay
Property Type	Residential
HOA	false
Subdivision Name	El Centro Beach
Special Listing Conditions	Listed As-Is
Status	Active
Directions	From Panama City Beach Pkwy turn south on Lullwater Drive. Home will be on left side, right before the first stop sign.
High School	Arnold
City	Panama City Beach
Zoning Description	Resid Single Family
MLS Area	03 - Bay County - Beach
Lot Size Units	Acres
Lot Size Square Feet	9148
Elementary School	Hutchison Beach
Land Lease Y/N	false
Tax Annual Amount	1472.15
Middle/Junior High School	Surfside
MLS Area Minor	0320 - Beach - Middle Central
Standard Status	Active
Property Sub Type Additional	Single Family Residence
Occupancy Type	Vacant
Waterfront Features	Lake,Lake Front
Year Built	2026
Heating	Central,Electric,ENERGY STAR Qualified Equipment,Zoned
Cooling	Central Air,Ceiling Fan(s),ENERGY STAR Qualified Equipment,Zoned
Appliances	ENERGY STAR Qualified Appliances,Electric Range,Electric Water Heater
Patio/Porch Features	Deck,Covered,Porch
Construction Materials	HardiPlank Type,Wood Frame
View	Lake,Water
Attached Garage	false
Garage Y/N	true
Total Rooms	11
Full Baths	2
Garage Spaces	1
Architectural Style	Coastal
Stories Count	2
Levels	Two
Security Features	Secured Garage/Parking,Smoke Detector(s)
New Construction	true
Senior Community Y/N	false
Energy Efficient	Appliances
Roof	Metal

Interior Features

Total Baths	3
Interior Amenities	Double Vanity,Interior Steps,Main Level Primary,Soaking Tub,Separate Shower,Walk-In Closet(s)
Furnished Units	None
Air Conditioning Y/N	true
Heating Y/N	true
Total Bedrooms	3
LivingAreaSource	Plans
Window Features	Storm Window(s)
Half Baths	1
Total Stories	2

Exterior Features

Lot Features	Sprinkler System,Paved
Lot Size Area	0.21
Lot Dimensions	70.0 ft x 131.0 ft
Lot Size Acres	0.21
Road Frontage Type	City Street
Parking Features	Garage,Garage Door Opener,Paved
Building Area Total	1817
Waterfront Y/N	true
Exterior Amenities	Deck,Rain Gutters
Road Responsibility	Public Maintained Road
Fencing	Fenced
Door Features	Storm Door(s)
Foundation Details	Slab