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Dream Destin Realty

Panama City Beach · Neighborhood

Lullwater Beach Homes for Sale

Lullwater Beach matches a 40-unit condominium parcel block at 301 Lullwater Drive in county records, although the September 24, 2026 listing history labels seven of its ten sales as houses.

Updated

  • Short-Term Rental Eligible

Short-term rentals: allowed. Confirm the current minimum stay and registration with the association.

Living in Lullwater Beach

A county search of the owner field for Lullwater Beach returns one parcel: 33647-000-000, owned as LULLWATER BEACH CONDO, labeled residential common area, with a site address of 301 Lullwater Drive. Parcel numbers beginning 33647 number 41 as of October 3, 2026: that common parcel and 40 condominium unit parcels, all addressed at 301 Lullwater Drive under unit numbers from 277 to 439. None is labeled single family.

The listing history does not match that picture. On September 24, 2026 the Panama City Beach history under this name showed three listings for sale and ten closed sales, labeled seven houses and three condominiums, with closings from May 14, 2017 through June 17, 2026. Those labels are shown as provided. Because the county series holds no single-family parcel, confirm the property type and unit number of any individual sale before comparing it.

Zone AE at 8 feet takes in roughly one sixth of the common parcel according to the county's flood-zone layer. Its drawn outline covers roughly 1.2 acres even though the roll's own acreage field reads zero. The county draws each condominium unit as a stamp of about 400 square feet, which cannot place a unit in a zone, so a unit's flood standing comes from its elevation certificate and the building's own records.

The county's own map gallery disclaims its GIS data as a legal representation of the features it draws; the building's boundaries and rules are therefore settled by the recorded condominium documents, not by the map.

HOA & Fees

What is the HOA fee at Lullwater Beach?

As of November 12, 2026, Lullwater Beach homes for sale that report a fee on the MLS list these HOA fees:

  • Condos: $664 a month (1 listing)

Fees vary by home type and section. Some homes also belong to a sub-association for their section, and a listing's fee may cover only one association, so confirm every association a home belongs to and what each one charges.

Based on one active MLS listing that reports an HOA fee.

Live Inventory

Homes for Sale in Lullwater Beach

3

Active Listings

$2.4M

Median List Price

$596

Avg Price / Sqft

Live from today's Lullwater Beach MLS file. This count covers condos, townhomes and single-family homes only, the same dwelling basis the market page uses, so lots and land are left out. The median and $/sq ft beside it cover the same 3 listings.

The short-term rental badge above is not a permission of record. It reflects the MLS short-term-rental field where a listing discloses one, and otherwise where the home sits. Confirm the association's current rules and the local registration requirement before relying on it.

Local Answers

Lullwater Beach FAQ

How much is the HOA fee at Lullwater Beach?

As of November 12, 2026, Lullwater Beach homes for sale that report a fee on the MLS list these HOA fees: condos, $664 a month (1 listing). Fees vary by home type and section. Some homes also belong to a sub-association for their section, and a listing's fee may cover only one association, so confirm every association a home belongs to and what each one charges.

How many parcels sit under the Lullwater Beach name at the county?

One parcel carries the name in the owner field, the 301 Lullwater Drive common parcel. The surrounding 33647 number block holds 41 parcels in all as of October 3, 2026: that common parcel and 40 condominium units.

Why are houses mentioned when the county shows only condominiums?

The September 24, 2026 listing history labels seven of its ten closed sales as houses and three as condominiums, while the county's 33647 block has no parcel labeled single family. Both are reported as provided; confirm property type and unit number for any individual sale.

Where does flood ground touch the Lullwater Beach parcels?

Roughly one sixth of the 1.2-acre common parcel is mapped as Zone AE at 8 feet by the county. Units are drawn as roughly 400-square-foot stamps, so the layer cannot say where an individual unit stands; an elevation certificate can.

What do three listings and ten sales cover?

On September 24, 2026 the Panama City Beach history for the name showed three listings for sale and ten closed sales, closing between May 14, 2017 and June 17, 2026. Both counts belong to September 24, 2026 alone and do not describe what is listed at present.

Can the unit numbers at 301 Lullwater Drive be counted from the county roll?

Forty unit parcels appear, numbered in odd steps from 277 to 315 and from 401 to 439, with unit 423 written C423. That reads as a count of recorded units, not of owners or of rooms.

Explore the Area

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Sources

Lullwater Beach Market Analytics

Sale prices, trends, days on market, and inventory - refreshed monthly from MLS data.

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