151 Damon Circle, Panama City Beach, FL 32407 (MLS# 790863)

List Price/SqFt: 271.6

Status: Active

List Date: 2026-06-05

List Price: $264,000

Current Price: $264,000

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: Westbound on Middle Beach Road from Walmart, pass Saltwater Grill, gated entrance will be on the left.

Area: 03 - Bay County - Beach

Street #: 151

Street Name: Damon

Street Suffix: Circle

State: FL

Zip Code: 32407

County: Bay

Subdivision: Gulf Highlands Beach Resort

Parcel ID: 34797-704-000

Legal Description: GULF HIGHLANDS BEACH RESORT LOT 4 BLK F UNRC ORB 4506 P 2024

Acreage: 0.02

Design: Townhome

Lot Size (SqFt): 784

Apx SqFt(Htd/Cooled): 972

Construction Status: Construction Complete

SqFt Source: Prop App Site

Half Baths: 1

# of Stories in Building: 2

Lot Dimensions: 19x39

New Construction: No

Garage Y/N: No

Assigned Spaces: 2

Pool: Yes

Pool Type: Community

Sub-Type: Attached Single Unit

Bedrooms: 2

Full Baths: 1

Total Baths: 2

Year Built: 1985

Homestead: No

HOA Fee: Yes

HOA Amount: 1090.14

HOA Frequency: Quarterly

HOA Annual Amount: 4360.56

New Buyer Fee: Yes

New Buyer Fee Amt: 150

New Buyer Fee Paid: $

Last Taxes: 3617

Last Tax Year: 2025

Block: L

Brokerage Interest: No Interest

As Is: Yes

Section: 35

Range: 16W

Remarks: UPDATED. VACATION RENTAL READY. GULF HIGHLANDS LOCATION. 151 Damon Circle in Panama City Beach, Florida offers a well-appointed 2-bedroom, 1.5-bath townhouse in the gated Gulf Highlands community, positioned for both personal use and short-term rental potential. With July already fully booked through professional local STR management, this property gives the next owner a strong head start in one of Panama City Beach's most active vacation rental markets. Inside, the home features a bright, open living area, modern coastal furnishings, stainless steel appliances, updated lighting, LVP flooring throughout, and a dedicated workspace. The kitchen is designed for convenience with stainless appliances, both Keurig and drip coffee options, and a dining bar that connects easily to the main living space. Upstairs, the primary bedroom includes a king bed, Smart TV, and private balcony, while the guest bedroom includes two twin beds and its own Smart TV. The bathrooms have been updated with modern coastal finishes, including a renovated tiled walk-in shower with a glass enclosure. Recent improvements add meaningful value, including a brand-new HVAC system, on-demand water heater, newer modern furniture and light fixtures within the past two years, and a 2019 roof. A wind mitigation report and survey are available for the new owner. The ground-level laundry room includes a stackable washer and dryer with its own separate entrance just off the covered patio. Outdoor living is easy with a covered patio, colorful Adirondack seating, and a grill area. The property is located in Flood Zone X, where flood insurance is not typically required by lenders. Gulf Highlands offers a strong amenity package with 11 swimming pools, including 5 heated pools, 4 tennis courts, a 2-acre putt-putt golf course, shuffleboard courts, a clubhouse, and a beachside pool. The community allows both short-term and long-term rentals, with low HOA fees adding to the appeal. All information, rental details, flood zone information, and HOA fees are deemed accurate but should be verified by buyers if important.

First: 1

Fenced: 1

Heated - Gas: 1

Inground: 1

Cooktop - Gas: 1

Dishwasher: 1

Dryer: 1

Microwave: 1

Oven - Gas: 1

Range - Gas: 1

Refrigerator: 1

Washer: 1

Water Heater - Gas: 1

Water Heater - Tankless: 1

Floor - Tile: 1

Floor - Vinyl Plank: 1

Kitchen Island: 1

Window - Treatment All: 1

Foundation - Slab on Grade: 1

Roof - Dimensional Shg: 1

Siding - Stucco: 1

Balcony: 1

Porch Covered: 1

Community Room: 1

Exercise Room: 1

Gated Community: 1

Ground Keeping: 1

Internet-WiFi: 1

Management: 1

Pest Control: 1

Playground: 1

Pool: 1

Trash Disposal: 1

Cash: 1

Conventional: 1

FHA: 1

Furnished: 1

First: 1

First: 1

Near Beach Access: 1

Within 1/2 Mile to Water: 1

MBed Balcony: 1

MBath Shower/Tub Combo: 1

Resid Multi-Family: 1

Beach: 1

Exercise Room: 1

Gated Community: 1

Mini Golf: 1

Playground: 1

Pool: 1

Security-24 hour: 1

Tennis: 1

Other - See Remarks: 1

Bedroom: 1

Dining Room: 1

Full Bathroom: 1

Half Bathroom: 1

Kitchen: 1

Living Room: 1

Master Bedroom: 1

ShowingTime: 1

TV Cable: 1

Electricity - Connected: 1

Garbage: 1

Natural Gas - Connected: 1

Internet - Broadband Available: 1

Public Sewer - Connected: 1

Other - See Remarks: 1

As Is: 1

Second: 1

First: 1

Second: 1

Second: 1

Central Air: 1

Gas: 1

Central: 1

Natural Gas: 1

24 Hour Security: 1

Gated Community: 1

Gated with Guard: 1

Security Gate: 1

Security Guard: 1