228 Bonita Circle, Panama City Beach, FL 32408 (MLS# 792579)

List Price/SqFt: 279.41

Status: Under Contract - Taking Backups

List Date: 2026-06-22

List Price: $285,000

Current Price: $285,000

Sub Area: 0323 - Beach - South of Grand Lagoon

Community/Resort: None

Waterfront: No

Elementary School: Breakfast Point

Middle School: Breakfast Point

High School: Arnold

Directions: Heading West on Thomas Drive, turn right onto Bonita Circle.

Area: 03 - Bay County - Beach

Street #: 228

Street Name: Bonita

Street Suffix: Circle

State: FL

Zip Code: 32408

County: Bay

Subdivision: Bonita Point

Parcel ID: 30190-009-090

Legal Description: 6 4S 15W -4.1S- 58B3 COM AT INTERSECT OF NLY R/W OF THOMAS DR & WLY BNDRY BELAIRE SUB TH NELY 250' NWLY 474.99' NELY 16.18' SELY 80' NELY 47.29' NWLY 10.76' WLY 23.48' NLY 10.93' NELY 118.77 FOR POB TH CONT NELY 17' SELY 37.80' SWLY 17' NWLY 37.80' TO POB AKA 228 ORB 4565 P 189

Acreage: 0

Design: Caribbean

Lot Size (SqFt): 0

Apx SqFt(Htd/Cooled): 1020

Immediate Occupancy: Yes

Construction Status: Construction Complete

SqFt Source: Prop App Site

Half Baths: 1

# of Stories in Building: 3

Lot Dimensions: 17x38

New Construction: No

Garage Y/N: Yes

Garage Spaces: 1

Driveway Spaces: 1

Assigned Spaces: 1

Pool: Yes

Pool Type: Community

Sub-Type: Attached Single Unit

Bedrooms: 2

Full Baths: 1

Total Baths: 2

Year Built: 2001

HOA Fee: Yes

HOA Amount: 150

HOA Frequency: Monthly

HOA Annual Amount: 1800

New Buyer Fee: No

Last Tax Year: 2025

Brokerage Interest: No Interest

As Is: Yes

Remarks: CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACK UP OFFERS. Tucked into the heart of the East end of Panama City Beach, this charming townhome just steps from the beach offers an easy entry point into one of Florida's most in-demand coastal markets. With just over 1,000 square feet, the 2-bedroom, 2-bath layout delivers comfortable, low-maintenance living well suited to long-term renters, second-home buyers, or investors looking to capitalize on strong short-term rental demand. The incoming producing and turn-key vacation rental has a location that offers the best of both worlds. A quiet, tucked-away neighborhood setting that still keeps you minutes from the beach, the lagoon, and local shops and restaurants. Mornings start with easy access to coffee and sand, afternoons are made for cruising to nearby favorites, and evenings bring you back to a peaceful community away from the crowds. Community amenities add to the appeal, including a community pool, a community room, and boat slips available on a first-come, first-served basis. Inside, the home features a functional floor plan, a private garage, and a cozy, manageable footprint that makes it easy to maintain whether you're living here full-time or renting it out. This is an affordable opportunity to own in Panama City Beach with genuine rental upside. This unit has been rented for 4 straight years and offers over $30,000 in gross rental income. Great deal as a steady long-term rental, a personal beach escape, or an income-producing property when not in use. Location, lifestyle, and value come together in this well-positioned coastal retreat.

Inground: 1

Dishwasher: 1

Disposal: 1

Dryer: 1

Microwave: 1

Range - Electric: 1

Refrigerator: 1

Washer: 1

Water Heater - Electric: 1

Ceiling - Raised: 1

Floor - Vinyl Plank: 1

Lighting - Recessed: 1

Pantry: 1

Window - Treatment All: 1

Roof - Composite Shngl: 1

Siding - Stucco: 1

Siding - Wood: 1

Balcony: 1

Fenced Lot-Part: 1

Fenced Privacy: 1

Dock: 1

Ground Keeping: 1

Management: 1

Master Association: 1

Pool: 1

Sewer: 1

Trash Disposal: 1

Water: 1

Cash: 1

Conventional: 1

FHA: 1

VA: 1

Furnished: 1

First: 1

First: 1

Covenants & Rescrictions: 1

Near Beach Access: 1

Near Public Boat Ramp: 1

Sidewalk: 1

Within 1/2 Mile to Water: 1

Zero Lot Line: 1

Gated Access: 1

Paved Road: 1

Driveway: 1

Garage Attached: 1

Parking Lot: 1

Resid Multi-Family: 1

Community Room: 1

Dock: 1

Fishing: 1

Gated Community: 1

Pool: 1

Waterfront: 1

Boat Slip: 1

Bedroom: 1

Kitchen: 1

Living Room: 1

Primary Bedroom: 1

Electricity - Connected: 1

Public Sewer - Connected: 1

Public Water - Available: 1

Underground Utilities: 1

Lake: 1

As Is: 1

Second: 1

Second: 1

Central Air: 1

Electric: 1

Central: 1

Electric: 1

MBath Shower/Tub Combo: 1

Gated Community: 1

Security Gate: 1

Under Contract Date: 2026-06-22