About This Home

This 3-bedroom, 3-bathroom single family at 227 Lullwater Drive in Panama City Beach, FL is listed for $555,000 ($305 per sqft). Built in 2026, the home offers 1,817 sqft of living space on a 0.21 acres lot.

Key Features

  • Built in 2026
  • 0.21 acre lot
  • 2 stories
  • Waterfront

Property Details

2 stories
2 full, 1 half
1-car garage
2026

Amenities

WaterfrontViewA/C
Listing 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, Taex

x 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!

Monthly Cost Estimate

$2,968/mo

20% down · 6.5% · 30 years

Principal$401
Interest$2,405
Insurance$162

Estimates only. Actual payments may vary.

Location

227 Lullwater Drive

Panama City Beach, FL 32413

El Centro Beach

Features & Amenities

Interior Features

DoubleVanityInteriorStepsMainLevelPrimarySoakingTubSeparateShowerWalkInClosets

Exterior Features

DeckRainGutters

Property Details

Construction

HardiplankType WoodFrame

Views

WaterLake

Outdoor Features

PorchDeck

Parking

GarageOpen

Heating

Electric (Heating)CentralZoned

Cooling

ENERGY STAR Qualified EquipmentCentral AirCeiling Fan(s)Zoned

Appliances

EnergyStarQualifiedAppliancesElectricRangeElectricWaterHeater

Questions & Answers

This 3-bedroom, 3-bathroom single family at 227 Lullwater Drive is listed at $555,000 ($305/sqft). The estimated monthly payment is $2,968 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2026, 0.21 acre lot, 2 stories, Waterfront. Interior Features: DoubleVanity, InteriorSteps, MainLevelPrimary. Exterior Features: Deck, RainGutters.

This property is listed by Oksana F Hobbs.

OH

Oksana F Hobbs

License SL3433576

Agent at Keller Williams Success Realty

Listed by Keller Williams Success Realty · Broker phone: (850) 249-0313 · View on Broker Site

MLS# 792142· Source: Central Panhandle Association of REALTORS· 117 days on PropertySimple

Copyright © 2026 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

227 Lullwater Drive, Panama City Beach, FL 32413

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