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
…
(Read more)
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!
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.