134 Damon Circle B
Panama City Beach, FL 32407
$175,000
Active
Description
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. 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
Listing details MLS# 1009136
Location, Tax and Legal
- Area
- 27 - Bay County
- Sub area
- 2724 - Beach - West Central
- Subdivision
- Gulf Highlands Beach Resort
- County
- Bay
- Parcel ID
- 34796-172-000
- Tax year
- 2025
- Annual tax
- 1682
- 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
General Property Info
- Property type
- Residential
- Year built
- 1989
- New construction
- No
- Condition
- Construction Complete
Interior
- Bedrooms
- 0
- Bathrooms
- 1
- Full baths
- 1
- Half baths
- 0
- Building area
- 434
- Heating
- Central
- Cooling
- Central Air
- Appliances
- Dishwasher, Dryer, Microwave
- Total rooms
- 2
Exterior and Site
- Exterior features
- Balcony
- Pool features
- Pool Type
- Road frontage
- City Street, County Road
Utilities
- Utilities
- Electric, Public Water
- Sewer
- Public Sewer
Schools
- Elementary
- Hutchinson Beach
- Middle school
- Surfside
- High school
- Arnold
Association and Fees
- Association
- Yes
- Fee includes
- Ground Keeping, Insurance, Management, Master Association, Sewer, Water, Trash
Remarks and Misc
- 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
