Address
127 Terrapin Close, Panama City Beach, FL
Price
$ 715,000
Property Attributes
- MLS#1006788
- TypeSingle Family
- Listing Status Active
- CountyBay
- CityPanama City Beach
- AreaBay County
- NeighborhoodTURTLE COVE AT LAKE POWELL
- Zip32413
- StyleFlorida Cottage
- Year Built2015
- Taxes$ 3993
- Price$ 715,000
- Bedrooms5
- Full Bathrooms2
- Half Bathrooms1
- Sqr Footage2439
- Lot Size0.09 Acres
Data Source:
Emerald Coast MLS (ECAR)
Property Description
Where coastal charm meets everyday luxury, welcome to 127 Terrapin Close. Nestled in one of Panama City Beach's most desirable residential communities, this beautifully maintained 5-bedroom, 2.5-bath home offers over 2,400 square feet of thoughtfully designed living space just minutes from the area's sugar-white beaches, Pier Park, Frank Brown Park, and Northwest Florida Beaches International Airport. The open-concept floor plan seamlessly connects the living, dining, and kitchen areas, creating an inviting space for entertaining and everyday living. The updated kitchen features granite countertops and custom cabinetry, while the first-floor primary suite offers privacy and convenience. Upstairs, four additional bedrooms and a versatile loft provide flexibility for family, guests, a home office, or playroom. Enjoy your morning coffee on the screened porch or unwind on the balcony after a day at the beach. Oversized closets, a spacious two-car garage, and recent HVAC updates add comfort and peace of mind. Unlike many Panama City Beach communities, short-term rentals are prohibited, preserving the neighborhood's peaceful residential atmosphere. Residents also enjoy resort-style amenities including a community pool, clubhouse, pickleball and tennis courts, an amphitheater, and beautifully maintained common areas. This home offers the perfect blend of coastal living, modern comfort, and an exceptional location.
| Elementary School | Middle School | High School |
|---|---|---|
| Hutchinson Beach Elementary School | Surfside Middle School | Arnold High School |
| Price History | |
|---|---|
| 7/2/2026 | Listed $749,900 |
| 9/1/2026 | 5$715,000 |
General Features
| Utilities | Electric,Public Water |
|---|---|
| Zoning | Resid Single Family |
| Property Subtype | Detached Single Family |
| Community Features | Short Term Rental - Not Allowed,Pickle Ball,Community Room,Dock,Exercise Room,Fishing,Pets Allowed,Picnic Area,Pool,Tennis |
| County | Bay |
| Property Type | Residential |
| Subdivision Name | TURTLE COVE AT LAKE POWELL |
| Status | Active |
| Buyer Financing | Conventional,FHA,VA |
| Directions | From Bay County - West on Panama City Beach Pkwy to Wild Heron Way. Right on Wild Heron Way. First left into Turtle Cove. Continue straight, then left onto Terrapin Close. Home on left. From Walton County - travel East on US-98 approximately 2 miles (into Bay county). Turn left into Wild Heron, then take the second left into Turtle Cove. Turn left onto Terrapin Close. Home is on the left. |
| High School | Arnold |
| City | Panama City Beach |
| MLS Area | 27 - Bay County |
| Lot Size Units | Acres |
| Lot Size Square Feet | 3920.4 |
| Elementary School | Hutchinson Beach |
| Middle/Junior High School | Surfside |
| MLS Area Minor | 2722 - Beach - North West |
| Standard Status | Active |
| Sewer | Public Sewer |
| Tax Assessed Value | 818 |
| Heating | Central |
| Cooling | Ceiling Fans,Central Air |
| Garage Spaces | 2 |
| Patio/Porch Features | Porch,Porch Screened |
| Architectural Style | Florida Cottage |
| Construction Materials | Frame,Siding CmntFbrHrdBrd,Trim Vinyl |
| Year Built | 2015 |
| Stories Count | 2 |
| Tax Year | 2025 |
| New Construction | false |
| Attached Garage | true |
| Total Rooms | 9 |
| Carport Y/N | false |
| Property Condition | Construction Complete |
| Association Fee Includes | Ground Keeping,Trash |
| Pool Features | Pool Type |
| HOA | true |
Interior Features
| Total Baths | 3 |
|---|---|
| Interior Amenities | Breakfast Bar,Ceiling Raised,Ceiling Tray/Cofferd,Kitchen Island,Washer/Dryer Hookup |
| Flooring | Floor Tile,Floor WW Carpet |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Window Features | Double Pane Windows |
Exterior Features
| Lot Features | Covenants,Cul-De-Sac,Curb & Gutter,Restrictions,Sidewalk,Within 1/2 Mile to Water |
|---|---|
| Lot Size Area | 0.09 |
| Lot Dimensions | 42X107 |
| Lot Size Acres | 0.09 |
| Road Surface Type | Paved |
| Road Frontage Type | County Road |
| Exterior Amenities | Balcony,Columns,Sprinkler System |
| Building Area Total | 2439 |
| Parking Features | Garage |
| Total Parking | 6 |
| Covered Spaces | 2 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 32413
Price
Taxes
Year Built
Emerald Coast Association of REALTORS®, Inc. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
Listing data provided by: Central Panhandle Association of Realtors (CPAR)
Information deemed reliable but not guaranteed. The 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.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
