134 Damon Circle B, Panama City Beach, FL 32407

New Listing
$175,000
Property Type: Residential Baths: 1 Square Footage: 434 Status: Active
Current Price: $175,000 List Date: 8/04/2026 Last Modified: 8/04/2026

Overview

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. 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 heate

Listing Details MLS# 793528

Contract Info

List Price/SqFt
403.23

Location

Area
03 – Bay County – Beach
Street #
134
Street Name
Damon
Street Suffix
Circle
Unit #
B
State
FL
Zip Code
32407
County
Bay
Sub Area
0320 – Beach – Middle Central
Subdivision
Gulf Highlands Beach Resort
Community/Resort
Gulf Highlands Beach Resort/Condos
Waterfront
No
Parcel ID
34796-172-000
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
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

Sub-Type
Condominium
Floor Number
Yes
Design
Low-Rise (1-3 floors)
Apx SqFt(Htd/Cooled)
434
SqFt Source
Prop App Site
Full Baths
Yes
Total Baths
Yes
Accessory Dwelling Unit
No
Year Built
1989
Immediate Occupancy
Yes
Construction Status
Construction Complete
New Construction
No
Garage Y/N
No
Assigned Spaces
Yes
Lot Dimensions
0x0
Pool
Yes
Pool Type
Community

Listing Info, Tax and Legal

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
As Is
Yes
Condo Doc
Yes

Remarks & Misc

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!

Pool Features

Heated – Gas
Yes

More Information

Appliances

Dishwasher
Yes
Dryer
Yes
Microwave
Yes
Water Heater – Gas
Yes

Exterior

Balcony
Yes

Association Fees Include

Community Room
Yes
Exercise Room
Yes
Gated Community
Yes
Ground Keeping
Yes
Insurance
Yes
Management
Yes
Master Association
Yes
Mini Golf
Yes
Pest Control
Yes
Playground
Yes
Sewer
Yes
Trash Disposal
Yes
Water
Yes
Irrigation
Yes
Termite Bond
Yes

Financing

Cash
Yes
Conventional
Yes

Furnished

Furnished
Yes

Lot Features

Within 1/2 Mile to Water
Yes

Parking Features

Assigned
Yes

Association Amenities

Business Center
Yes
Community Room
Yes
Exercise Room
Yes
Mini Golf
Yes
Playground
Yes
Pool
Yes
Tennis
Yes
Waterfront
Yes
Pickle Ball
Yes
Shuffleboard Court
Yes

Showing

ShowingTime
Yes

Utilities

Electricity – Connected
Yes
Public Sewer – Connected
Yes
Public Water – Connected
Yes

Cooling

Central Air
Yes

Heating

Central
Yes

Security Features

Carbon Monoxide Detector
Yes
Gated with Guard
Yes
Smoke Detector(s)
Yes

Property Features

Appliances: Dishwasher; Dryer; Microwave; Water Heater – Gas Cooling: Central Air Heating: Central Exterior: Balcony 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 Furnished: Furnished 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 Showing: ShowingTime 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.