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134 Damon Circle #B

Panama City Beach, FL 32407
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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 communit y 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!

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Detail Ic Property Details

Property Type : Residential

Price : $175,000

AD Id : 89065830

MLS Id : 793528

Year Built : 1989

County : Bay

Subdivision: Laketown Wharf

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Feature Features

  • Interior Features

    Appliances: GasWaterHeater
  • Heating & Cooling

    Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: CentralAir

  • Building Information

    Year Built: 1989
    Building Area Total: 434
    Patio And Porch Features: Balcony
    Pool Features: GasHeat, Community
    Private Pool: No
    Association Fee Frequency: Quarterly

  • Lot Information

    Lot Dimensions: 0x0

    Property Information

    Subdivision: Gulf Highlands Beach Resort Source Property Type: Residential MLS Area Minor: 0320 - Beach - Middle Central Property SubType: Condominium Property Age: 37

  • Listing Price Information

    Listing Price: $175000

  • Tax Information

    Parcel Number: 34796-172-000 Tax Year: 2025 Annual Tax: $1682 Tax Legal Desc: GULF HIGHLANDS I, CONDO UNIT B BLDG G-10 EFFICIENCY ORB 1223 P 953 EFF 1BA 434 H&C ORB 3846 P 88

  • Homeowners Association Information

    Has Association: Yes
    Included Fees: AssociationManagement, Clubhouse, FitnessFacility, Insurance, MaintenanceGrounds, PestControl, Playground, Sewer, Trash, Water
    HOA: $1,658.64
    Association Amenities: Gated
    Community Features: BusinessCenter, Clubhouse, FitnessCenter, Golf, Playground, Pool, TennisCourts, Waterfront, CommunityPool, ShortTermRentalAllowed

  • School Information

    Elementary School: Hutchison Beach Junior High School: Surfside Senior High School: Arnold
  • Location Information

    Direction: 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 Security Features: CarbonMonoxideDetectors,GatedWithGuard,SmokeDetectors
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The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/05/2026 @ 08:39

MLS: 793528 LISTED BY: Andrei Cunitin, Dalton Wade Inc 888-668-8283 SOURCE: CPAR

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