127 Terrapin Close, Panama City Beach

$715,000

5 Beds
3 Baths
2,439 Sqft
.09 Acre
2 Garages

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.

Essential Information
MLS® #1006788
Price$715,000
Bedrooms5
Bathrooms3.00
Full Baths2
Half Baths1
Square Footage2,439
Acres0.09
Year Built2015
TypeResidential
Sub-TypeDetached Single Family
StyleFlorida Cottage
StatusActive
Community Information
Address127 Terrapin Close
Area27 - Bay County
SubdivisionTURTLE COVE AT LAKE POWELL
CityPanama City Beach
CountyBay
StateFL
Zip Code32413
Amenities
ParkingGarage Door Opener, Garage
# of Garages2
Utilities

Electric, Public Sewer, Public Water

Interior
HeatingCentral
CoolingCentral Air, Ceiling Fan(s)
# of Stories2
Interior Features

Breakfast Bar, Vaulted Ceiling(s), Tray Ceiling(s), Kitchen Island, Washer/Dryer Hookup

Appliances

Cooktop, Dishwasher, Disposal, Microwave, Range Hood, Electric Water Heater

Exterior
WindowsDouble Pane Windows
RoofComposite Shngl
Exterior Features

Balcony, Columns, Sprinkler System

Lot Description

Covenants, Cul-De-Sac, Curb & Gutter, Restrictions, Sidewalk, Within 1/2 Mile to Water

Construction

Frame, Trim Vinyl, Siding CmntFbrHrdBrd

School Information
ElementaryHutchinson Beach
MiddleSurfside
HighArnold
Additional Information
ZoningResid Single Family
Listing Details
OfficeCompass
Property History
Price Reduced from $749,900 to $715,000
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All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2026, All rights reserved.
Vendors Member Number : 28325

Listing information last updated on October 16th, 2026 at 2:22am CDT.