135 Grand Island Boulevard, Panama City Beach, FL 32407 (MLS# 788313)

135 Grand Island Boulevard, Panama City Beach, FL 32407

$445,000

Property Type: Residential Bedrooms: 3 Baths: 4 Square Footage: 1,672 Status: Active

Current Price: $445,000 List Date: 5/11/2026 Last Modified: 8/19/2026

Overview

Description

Turnkey investment opportunity in Gulf Highlands Beach Resort! This fully furnished 3-bedroom + bonus room (4th bedroom) home with 3.5 baths is rental-ready and ideal for short-term or personal use. The interior offers a functional layout with open living space, equipped kitchen, and flexible sleeping arrangements to maximize occupancy. Located in a gated, amenity-rich community with 11 pools, beach access, tennis courts, and clubhouse-high guest demand year-round. Low HOA. Prime central PCB location close to dining, shopping, and attractions makes this a solid income-producing property.

Listing Details MLS# 788313

Contract Info

List Price/SqFt: 266.15

Location

Area: 03 – Bay County – Beach
Street #: 135
Street Name: Grand Island
Street Suffix: Boulevard
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: 34797-834-000
Elementary School: Hutchison Beach
Middle School: Surfside
High School: Arnold
Directions: From Front Beach Rd & Hutchison Blvd, go west ~0.9 mi, left into Gulf Highlands Beach Resort, follow Grande Island Blvd to canal section near beach.
Legal Description: GULF HIGHLANDS BEACH RESORT UNRECORDED LOT 84 BLK N ORB 4189 P 343

General Property Info

Sub-Type: Attached Single Unit
Design: Townhome
Apx SqFt(Htd/Cooled): 1672
SqFt Source: Prop App Site
Full Baths: 3
Half Baths: Yes
Total Baths: 4
# of Stories in Building: 2
Accessory Dwelling Unit: No
Year Built: 1990
Construction Status: Construction Complete
New Construction: No
Garage Y/N: No
Assigned Spaces: 2
Lot Dimensions: 18×80
Pool: Yes
Pool Type: Community

Listing Info, Tax and Legal

HOA Fee: Yes
HOA Amount: 1122.24
HOA Frequency: Quarterly
HOA Annual Amount: 4488.96
New Buyer Fee: Yes
New Buyer Fee Amt: 150
Last Taxes: 4602
Last Tax Year: 2025
Brokerage Interest: No Interest
As Is: Yes

Remarks & Misc

Remarks: Turnkey investment opportunity in Gulf Highlands Beach Resort! This fully furnished 3-bedroom + bonus room (4th bedroom) home with 3.5 baths is rental-ready and ideal for short-term or personal use. The interior offers a functional layout with open living space, equipped kitchen, and flexible sleeping arrangements to maximize occupancy. Located in a gated, amenity-rich community with 11 pools, beach access, tennis courts, and clubhouse-high guest demand year-round. Low HOA. Prime central PCB location close to dining, shopping, and attractions makes this a solid income-producing property.

Bonus Room

First: Yes

More Information

Pool Features

Fenced: Yes
Heated – Gas: Yes
Inground: Yes

Appliances

Cooktop – Gas: Yes
Dishwasher: Yes
Dryer: Yes
Microwave: Yes
Oven – Gas: Yes
Range – Gas: Yes
Refrigerator: Yes
Washer: Yes
Water Heater – Gas: Yes

Interior Features

Floor – Tile: Yes
Floor – Vinyl: Yes
Kitchen Island: Yes
Stairs: Yes
Window – Treatment Some: Yes

Construction/Siding

Foundation – Slab on Grade: Yes
Wood/Frame: Yes
Roof – Clay/Concrete: Yes

Exterior

Deck Open: Yes
Patio Open: Yes

Association Fees Include

Beach: Yes
Dumpster: Yes
Exercise Room: Yes
Fishing: Yes
Gated Community: Yes
Ground Keeping: Yes
Internet Service: Yes
Internet-WiFi: Yes
Master Association: Yes
Mini Golf: Yes
Pest Control: Yes
Picnic Area: Yes
Pool: Yes
Security: Yes
Trash Disposal: Yes
TV Cable: Yes

Financing

Cash: Yes
Conventional: Yes

Furnished

Furnished: Yes

Lot Features

Covenants & Rescrictions: Yes
Dedicated Beach: Yes
Near Beach Access: Yes
Within 1/2 Mile to Water: Yes

Lot Access

Gated Access: Yes
Paved Road: Yes
Private Road: Yes

Parking Features

Assigned: Yes
Deeded: Yes
Driveway: Yes
Paved: Yes

Present Zoning

Resort: Yes

Association Amenities

BBQ Pit/Grill: Yes
Beach: Yes
Community Room: Yes
Dumpster: Yes
Exercise Room: Yes
Gated Community: Yes
Pool: Yes
Security-24 hour: Yes
Sidewalks: Yes

Rooms

Bedroom: Yes
Bonus Room: Yes
Primary Bedroom: Yes

Utilities

TV Cable: Yes
Electricity – Connected: Yes
Natural Gas – Connected: Yes
Internet – Broadband Available: Yes
Public Sewer – Connected: Yes

Sale Type

As Is: Yes

Primary Bedroom

Second: Yes

Bedroom

Second: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes
Electric: Yes

Heating

Central: Yes
Natural Gas: Yes

Primary Bath/Primary Bdrm

MBath Shower/Tub Combo: Yes

Security Features

Gated Community: Yes
Security Gate: Yes
Smoke Detector(s): Yes

Property Features

Appliances: Cooktop – Gas; Dishwasher; Dryer; Microwave; Oven – Gas; Range – Gas; Refrigerator; Washer; Water Heater – Gas Primary Bedroom: Second Bedroom: Second Cooling: Ceiling Fan(s); Central Air; Electric Heating: Central; Natural Gas Exterior: Deck Open; Patio Open Association Fees Include: Beach; TV Cable; Dumpster; Fishing; Exercise Room; Gated Community; Internet Service; Internet-WiFi; Ground Keeping; Master Association; Mini Golf; Pest Control; Picnic Area; Pool; Security; Trash Disposal Financing: Cash; Conventional Furnished: Furnished Lot Features: Covenants & Rescrictions; Dedicated Beach; Near Beach Access; Within 1/2 Mile to Water Lot Access: Gated Access; Paved Road; Private Road Bonus Room: First Pool Features: Fenced; Heated – Gas; Inground Security Features: Gated Community; Security Gate; Smoke Detector(s) Parking Features: Assigned; Deeded; Driveway; Paved Association Amenities: BBQ Pit/Grill; Beach; Community Room; Dumpster; Exercise Room; Gated Community; Pool; Security-24 hour; Sidewalks Rooms: Bedroom; Bonus Room; Primary Bedroom Sale Type: As Is Utilities: TV Cable; Electricity – Connected; Internet – Broadband Available; Natural Gas – Connected; Public Sewer – Connected Present Zoning: Resort

Room Information

Room Name	Level	Dimensions	Length	Width
Bedroom	Second	18 x 9	18.00	9.00
Primary Bedroom	Second	12 x 15	12.00	15.00
Bonus Room	First	11 x 10	11.00	10.00

Listing Office: Fun Quest Vacation Rentals Corp

Last Updated: August – 19 – 2026

Information deemed reliable but not guaranteed.