151 Damon Circle, Panama City Beach, FL 32407 (MLS# 790863)

151 Damon Circle, Panama City Beach, FL 32407

New Listing

$264,000

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 972 Lot Size (sq. ft.): 784 Status: Active

Current Price: $264,000 List Date: 6/05/2026 Last Modified: 6/06/2026

Overview

Description

UPDATED. VACATION RENTAL READY. GULF HIGHLANDS LOCATION. 151 Damon Circle in Panama City Beach, Florida offers a well-appointed 2-bedroom, 1.5-bath townhouse in the gated Gulf Highlands community, positioned for both personal use and short-term rental potential. With July already fully booked through professional local STR management, this property gives the next owner a strong head start in one of Panama City Beach's most active vacation rental markets. Inside, the home features a bright, open living area, modern coastal furnishings, stainless steel appliances, updated lighting, LVP flooring throughout, and a dedicated workspace. The kitchen is designed for convenience with stainless appliances, both Keurig and drip coffee options, and a dining bar that connects easily to the main living space. Upstairs, the primary bedroom includes a king bed, Smart TV, and private balcony, while the guest bedroom includes two twin beds and its own Smart TV. The bathrooms have been updated with mo … (Read more) UPDATED. VACATION RENTAL READY. GULF HIGHLANDS LOCATION. 151 Damon Circle in Panama City Beach, Florida offers a well-appointed 2-bedroom, 1.5-bath townhouse in the gated Gulf Highlands community, positioned for both personal use and short-term rental potential. With July already fully booked through professional local STR management, this property gives the next owner a strong head start in one of Panama City Beach’s most active vacation rental markets. Inside, the home features a bright, open living area, modern coastal furnishings, stainless steel appliances, updated lighting, LVP flooring throughout, and a dedicated workspace. The kitchen is designed for convenience with stainless appliances, both Keurig and drip coffee options, and a dining bar that connects easily to the main living space. Upstairs, the primary bedroom includes a king bed, Smart TV, and private balcony, while the guest bedroom includes two twin beds and its own Smart TV. The bathrooms have been updated with modern coastal finishes, including a renovated tiled walk-in shower with a glass enclosure. Recent improvements add meaningful value, including a brand-new HVAC system, on-demand water heater, newer modern furniture and light fixtures within the past two years, and a 2019 roof. A wind mitigation report and survey are available for the new owner. The ground-level laundry room includes a stackable washer and dryer with its own separate entrance just off the covered patio. Outdoor living is easy with a covered patio, colorful Adirondack seating, and a grill area. The property is located in Flood Zone X, where flood insurance is not typically required by lenders. Gulf Highlands offers a strong amenity package with 11 swimming pools, including 5 heated pools, 4 tennis courts, a 2-acre putt-putt golf course, shuffleboard courts, a clubhouse, and a beachside pool. The community allows both short-term and long-term rentals, with low HOA fees adding to the appeal. All information, rental details, flood zone information, and HOA fees are deemed accurate but should be verified by buyers if important.

Listing Details MLS# 790863

Contract Info

List Price/SqFt: 271.6

Location

Area: 03 – Bay County – Beach
Street #: 151
Street Name: Damon
Street Suffix: Circle
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: 34797-704-000
Elementary School: Hutchison Beach
Middle School: Surfside
High School: Arnold
Directions: Westbound on Middle Beach Road from Walmart, pass Saltwater Grill, gated entrance will be on the left.
Legal Description: GULF HIGHLANDS BEACH RESORT LOT 4 BLK F UNRC ORB 4506 P 2024

General Property Info

Sub-Type: Attached Single Unit
Design: Townhome
Apx SqFt(Htd/Cooled): 972
SqFt Source: Prop App Site
Full Baths: Yes
Half Baths: Yes
Total Baths: 2
# of Stories in Building: 2
Year Built: 1985
Construction Status: Construction Complete
New Construction: No
Garage Y/N: No
Assigned Spaces: 2
Lot Dimensions: 19×39
Acreage: 0.02
Lot Size (SqFt): 784
Pool: Yes
Pool Type: Community

Listing Info, Tax and Legal

Homestead: No
HOA Fee: Yes
HOA Amount: 1090.14
HOA Frequency: Quarterly
HOA Annual Amount: 4360.56
New Buyer Fee: Yes
New Buyer Fee Amt: 150
New Buyer Fee Paid: $
Last Taxes: 3617
Last Tax Year: 2025
Block: L
Brokerage Interest: No Interest
As Is: Yes
Section: 35
Range: 16W

Remarks & Misc

Remarks: UPDATED. VACATION RENTAL READY. GULF HIGHLANDS LOCATION. 151 Damon Circle in Panama City Beach, Florida offers a well-appointed 2-bedroom, 1.5-bath townhouse in the gated Gulf Highlands community, positioned for both personal use and short-term rental potential. With July already fully booked through professional local STR management, this property gives the next owner a strong head start in one of Panama City Beach's most active vacation rental markets. Inside, the home features a bright, open living area, modern coastal furnishings, stainless steel appliances, updated lighting, LVP flooring throughout, and a dedicated workspace. The kitchen is designed for convenience with stainless appliances, both Keurig and drip coffee options, and a dining bar that connects easily to the main living space. Upstairs, the primary bedroom includes a king bed, Smart TV, and private balcony, while the guest bedroom includes two twin beds and its own Smart TV. The bathrooms have been updated with modern coastal finishes, including a renovated tiled walk-in shower with a glass enclosure. Recent improvements add meaningful value, including a brand-new HVAC system, on-demand water heater, newer modern furniture and light fixtures within the past two years, and a 2019 roof. A wind mitigation report and survey are available for the new owner. The ground-level laundry room includes a stackable washer and dryer with its own separate entrance just off the covered patio. Outdoor living is easy with a covered patio, colorful Adirondack seating, and a grill area. The property is located in Flood Zone X, where flood insurance is not typically required by lenders. Gulf Highlands offers a strong amenity package with 11 swimming pools, including 5 heated pools, 4 tennis courts, a 2-acre putt-putt golf course, shuffleboard courts, a clubhouse, and a beachside pool. The community allows both short-term and long-term rentals, with low HOA fees adding to the appeal. All information, rental details, flood zone information, and HOA fees are deemed accurate but should be verified by buyers if important.

Dining 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
Water Heater – Tankless: Yes

Interior Features

Floor – Tile: Yes
Floor – Vinyl Plank: Yes
Kitchen Island: Yes
Window – Treatment All: Yes

Construction/Siding

Foundation – Slab on Grade: Yes
Roof – Dimensional Shg: Yes
Siding – Stucco: Yes

Exterior

Balcony: Yes
Porch Covered: Yes

Association Fees Include

Community Room: Yes
Exercise Room: Yes
Gated Community: Yes
Ground Keeping: Yes
Internet-WiFi: Yes
Management: Yes
Pest Control: Yes
Playground: Yes
Pool: Yes
Trash Disposal: Yes

Financing

Cash: Yes
Conventional: Yes
FHA: Yes

Furnished

Furnished: Yes

Kitchen

First: Yes

Living Room

First: Yes

Lot Features

Near Beach Access: Yes
Within 1/2 Mile to Water: Yes

Mstr Bath / Mstr Bdrm

MBed Balcony: Yes
MBath Shower/Tub Combo: Yes

Present Zoning

Resid Multi-Family: Yes

Association Amenities

Beach: Yes
Exercise Room: Yes
Gated Community: Yes
Mini Golf: Yes
Playground: Yes
Pool: Yes
Security-24 hour: Yes
Tennis: Yes
Other – See Remarks: Yes

Rooms

Bedroom: Yes
Dining Room: Yes
Full Bathroom: Yes
Half Bathroom: Yes
Kitchen: Yes
Living Room: Yes
Master Bedroom: Yes

Showing

ShowingTime: Yes

Utilities

TV Cable: Yes
Electricity – Connected: Yes
Garbage: Yes
Natural Gas – Connected: Yes
Internet – Broadband Available: Yes
Public Sewer – Connected: Yes
Other – See Remarks: Yes

Sale Type

As Is: Yes

Full Bathroom

Second: Yes

Half Bathroom

First: Yes

Master Bedroom

Second: Yes

Bedroom

Second: Yes

Cooling

Central Air: Yes
Gas: Yes

Heating

Central: Yes
Natural Gas: Yes

Security Features

24 Hour Security: Yes
Gated Community: Yes
Gated with Guard: Yes
Security Gate: Yes
Security Guard: Yes

Property Features

Appliances: Cooktop – Gas; Dishwasher; Dryer; Microwave; Oven – Gas; Range – Gas; Refrigerator; Washer; Water Heater – Gas; Water Heater – Tankless Full Bathroom: Second Half Bathroom: First Master Bedroom: Second Bedroom: Second Cooling: Central Air; Gas Heating: Central; Natural Gas Exterior: Balcony; Porch Covered Association Fees Include: Community Room; Exercise Room; Gated Community; Internet-WiFi; Ground Keeping; Management; Pest Control; Playground; Pool; Trash Disposal Financing: Cash; Conventional; FHA Furnished: Furnished Kitchen: First Living Room: First Lot Features: Near Beach Access; Within 1/2 Mile to Water Dining Room: First Pool Features: Fenced; Heated – Gas; Inground Security Features: 24 Hour Security; Gated Community; Gated with Guard; Security Gate; Security Guard Association Amenities: Beach; Exercise Room; Gated Community; Mini Golf; Playground; Pool; Security-24 hour; Tennis; Other – See Remarks Rooms: Bedroom; Dining Room; Full Bathroom; Half Bathroom; Kitchen; Living Room; Master Bedroom Sale Type: As Is Showing: ShowingTime Utilities: TV Cable; Electricity – Connected; Garbage; Internet – Broadband Available; Natural Gas – Connected; Public Sewer – Connected; Other – See Remarks Present Zoning: Resid Multi-Family

Room Information

Room Name	Level	Dimensions	Length	Width
Dining Room	First	8.3 x 12.3	8.30	12.30
Kitchen	First	8.96 x 12.16	8.96	12.16
Master Bedroom	Second	13.5 x 11.72	13.50	11.72
Bedroom	Second	9.51 x 13.7	9.51	13.70
Full Bathroom	Second	5.5 x 5.2	5.50	5.20
Living Room	First	13.7 x 14	13.70	14.00
Half Bathroom	First	3.14 x 6.59	3.14	6.59

Listing Office: Coldwell Banker Realty

Last Updated: June – 06 – 2026

Information deemed reliable but not guaranteed.