134 Damon Circle B
Panama City Beach, FL 32407
MLS# 793528
1 baths | 434 sqft
Property DescriptionLooking for a condo in Panama City Beach that actually makes sense?
Updated, ground-floor studio, strong cash flow, and just steps from the sand.
This beautifully updated, fully furnished studio checks all the boxes. Search on YouTube ''For Sale Ground Floor Studio in Gulf Highlands Beach Resort'' for video tour. Located in a gated resort-style community, you'll enjoy parking right next to the unit, a short 6-minute walk to the beach, and strong short-term rental potential with a projected GRI of $27,000-$30,000.
Inside, you'll find quality upgrades throughout, including solid wood cabinets, new countertops, a tiled walk-in shower, LVP flooring, stainless steel appliances, accent shiplap, new furniture, accessories, and more. Plus, this condo is located right next to one of the community pools and tennis courts, putting convenience at your doorstep. The major expenses have already been taken care of with a 2018 roof, hurricane-rated windows and doors, 2021 HVAC, and 2023 water heater, giving you peace of mind for years to come.
The unit is truly turnkey with the possibility of future bookings transferring, making it ready to enjoy or start generating income right away.
The COA is below average for Panama City Beach while offering exceptional value. It includes building insurance, water and sewer, exterior maintenance and painting, lawn care, trash, pest control, termite bond, gated security, and access to incredible resort-style amenities, including 11 pools (5 heated), a private Gulf-front pool and restaurant, tennis and pickleball courts, mini golf, shuffleboard, fitness center, playground, and beautifully maintained grounds.
Whether you're looking for an affordable beach getaway or one of the best ROI opportunities in Panama City Beach, this one is definitely worth a look. Schedule your showing today!
Floor Number: 1
Design: Low-Rise (1-3 floors)
Apx SqFt(Htd/Cooled): 434
Immediate Occupancy: Yes
Construction Status: Construction Complete
SqFt Source: Prop App Site
Accessory Dwelling Unit: No
Lot Dimensions: 0x0
New Construction: No
Garage Y/N: No
Assigned Spaces: 1
Pool: Yes
Pool Type: Community
Sub-Type: Condominium
Full Baths: 1
Total Baths: 1
List Price/SqFt: 403.23
Status: Active
List Date: 2026-08-04
List Price: $175,000
Unit #: B
Sub Area: 0320 - Beach - Middle Central
Community/Resort: Gulf Highlands Beach Resort/Condos
Waterfront: No
Elementary School: Hutchison Beach
Middle School: Surfside
High School: Arnold
Directions: East on hwy 98, take a right on Richard Jackson Blvd then Take a Left on Middle Beach Rd, then take a Right at Gulf Highlands
Area: 03 - Bay County - Beach
Street #: 134
Street Name: Damon
Street Suffix: Circle
County: Bay
Subdivision: Gulf Highlands Beach Resort
Parcel ID: 34796-172-000
Legal Description: GULF HIGHLANDS I, CONDO UNIT B BLDG G-10 EFFICIENCY ORB 1223 P 953 EFF 1BA 434 H&C ORB 3846 P 88
HOA Fee: Yes
HOA Amount: 1658.64
HOA Frequency: Quarterly
HOA Annual Amount: 6634.56
New Buyer Fee: Yes
New Buyer Fee Amt: 150
New Buyer Fee Paid: $
Last Taxes: 1682
Last Tax Year: 2025
Brokerage Interest: No Interest
Remarks: Looking for a condo in Panama City Beach that actually makes sense?
Updated, ground-floor studio, strong cash flow, and just steps from the sand.
This beautifully updated, fully furnished studio checks all the boxes. Search on YouTube ''For Sale Ground Floor Studio in Gulf Highlands Beach Resort'' for video tour. Located in a gated resort-style community, you'll enjoy parking right next to the unit, a short 6-minute walk to the beach, and strong short-term rental potential with a projected GRI of $27,000-$30,000.
Inside, you'll find quality upgrades throughout, including solid wood cabinets, new countertops, a tiled walk-in shower, LVP flooring, stainless steel appliances, accent shiplap, new furniture, accessories, and more. Plus, this condo is located right next to one of the community pools and tennis courts, putting convenience at your doorstep. The major expenses have already been taken care of with a 2018 roof, hurricane-rated windows and doors, 2021 HVAC, and 2023 water heater, giving you peace of mind for years to come.
The unit is truly turnkey with the possibility of future bookings transferring, making it ready to enjoy or start generating income right away.
The COA is below average for Panama City Beach while offering exceptional value. It includes building insurance, water and sewer, exterior maintenance and painting, lawn care, trash, pest control, termite bond, gated security, and access to incredible resort-style amenities, including 11 pools (5 heated), a private Gulf-front pool and restaurant, tennis and pickleball courts, mini golf, shuffleboard, fitness center, playground, and beautifully maintained grounds.
Whether you're looking for an affordable beach getaway or one of the best ROI opportunities in Panama City Beach, this one is definitely worth a look. Schedule your showing today!
Microwave: 1
Water Heater - Gas: 1
Community Room: 1
Exercise Room: 1
Gated Community: 1
Ground Keeping: 1
Insurance: 1
Management: 1
Master Association: 1
Mini Golf: 1
Pest Control: 1
Playground: 1
Sewer: 1
Trash Disposal: 1
Within 1/2 Mile to Water: 1
Business Center: 1
Community Room: 1
Exercise Room: 1
Mini Golf: 1
Pickle Ball: 1
Shuffleboard Court: 1
Electricity - Connected: 1
Public Sewer - Connected: 1
Public Water - Connected: 1
Carbon Monoxide Detector: 1
Gated with Guard: 1
Appliances: Dishwasher; Dryer; Microwave; Water Heater - Gas
Association Fees Include: Community Room; Exercise Room; Gated Community; Insurance; Irrigation; Ground Keeping; Management; Master Association; Mini Golf; Pest Control; Playground; Sewer; Termite Bond; Trash Disposal; Water
Financing: Cash; Conventional
Lot Features: Within 1/2 Mile to Water
Pool Features: Heated - Gas
Security Features: Carbon Monoxide Detector; Gated with Guard; Smoke Detector(s)
Parking Features: Assigned
Association Amenities: Business Center; Community Room; Exercise Room; Mini Golf; Pickle Ball; Playground; Pool; Shuffleboard Court; Tennis; Waterfront
Utilities: Electricity - Connected; Public Sewer - Connected; Public Water - Connected
Listing Office: Dalton Wade Inc
Last Updated: August - 04 - 2026
Information deemed reliable but not guaranteed.