Address
127 Terrapin Close, Panama City Beach, FL
Price
$ 715,000
Property Attributes
  • MLS#792127
  • TypeSingle Family
  • Listing Status Active
  • CountyBay
  • CityPanama City Beach
  • Area03 - Bay County - Beach
  • NeighborhoodTurtle Cove At Lake Powell
  • Zip32413
  • Style
  • Year Built2015
  • Price$ 715,000
  • Bedrooms5
  • Full Bathrooms2
  • Half Bathrooms1
  • Sqr Footage2439
  • Lot Size0.09 Acres
Data Source:
Central Panhandle Association of REALTORS® (CPAR)
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
West Bay Elementary School Surfside Middle School Arnold High School
Price History
7/2/2026 Listed $749,900
9/1/2026 5$715,000

General Features

Sewer Public Sewer
Utilities Cable Connected,Electricity Available
Property Subtype Single Family Residence
Tax Year 2025
Community Features Basketball Court,Clubhouse,Dock,Fitness Center,Fishing,Game Room,Pool,Tennis Court(s),Waterfront,Community Pool
County Bay
Property Type Residential
HOA true
Subdivision Name Turtle Cove At Lake Powell
Special Listing Conditions Listed As-Is
Status Active
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
Zoning Description Resid Single Family
MLS Area 03 - Bay County - Beach
Lot Size Units Acres
Lot Size Square Feet 3920
Elementary School West Bay
Middle/Junior High School Surfside
MLS Area Minor 0322 - Beach - North West
Standard Status Active
Property Sub Type Additional Single Family Residence
Association Amenities Dock,Spa/Hot Tub
Occupancy Type Occupied
Year Built 2015
Association Fee Includes Association Management,Clubhouse,Fitness Facility,Maintenance Grounds,Pool(s),Tennis Courts,Trash
Heating Electric
Cooling Ceiling Fan(s),Multi Units
Appliances Electric Cooktop,Electric Oven,Electric Water Heater,Ice Maker
Patio/Porch Features Balcony,Porch,Screened
Construction Materials HardiPlank Type
Attached Garage false
Garage Y/N true
Total Rooms 9
Full Baths 2
Garage Spaces 2
Architectural Style Florida
Stories Count 2
Levels Two
HOA Fee 818
Assoc Fee Paid Per Quarterly
Pool Features Gunite,Community
New Construction false
Spa Features Community
Roof Composition,Shingle

Interior Features

Total Baths 3
Interior Amenities Double Vanity,Main Level Primary,Soaking Tub,Separate Shower,Walk-In Closet(s),Loft
Air Conditioning Y/N true
Heating Y/N true
Total Bedrooms 5
LivingAreaSource Appraiser
Half Baths 1
Total Stories 2

Exterior Features

Lot Features Cul-De-Sac,Paved
Lot Size Area 0.09
Lot Dimensions 40x98
Lot Size Acres 0.09
Parking Features Garage,Garage Door Opener
Building Area Total 2439
Waterfront Y/N false
Exterior Amenities Dock,Porch
Fencing Partial

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
AVG $1.02M
$720K
Year Built
AVG 2010
2015