For sale Home

Listed Jul 2, 2026

$715,000 Est. $4,729/mo

127 Terrapin Close

  • 5

    Beds

  • 3

    Baths

  • 2,439

    Sq ft

The story

  • Pool

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.

Facts & features

Home type

Home

Year built

2015

Floors

2

Price per sq ft

$293

HOA

$818 / quarterly

Parking

2-car garage

Included features

  • Pool

    Yes

  • Cooling

    Ceiling Fans, Multi Units

  • Heating

    Electric

  • Appliances

    Electric Cooktop, Electric Oven, Electric Water Heater, Ice Maker

  • Roof

    Composition, Shingle

  • Lot Information

    Cul De Sac, Paved

  • Exterior

    Dock, Porch

  • Sewer

    Public Sewer

Mortgage calculator

Estimated monthly payment

$4,729 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $3,806
  • Property tax $715
  • Insurance $209

Includes principal, interest, taxes & insurance.

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Listing Broker

Compass Florida, LLC

Broker Name

Compass Florida, LLC

Agent

Jessica Shuflitowski

Location

Santa Rosa Beach FL 32459