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151 Damon Circle

Panama City Beach, FL 32407
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Bed 2

Bed

Bath 2

Bath

Acres0.02

Acre(Lot)

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 livin g 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.

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Detail Ic Property Details

Property Type : Residential

Price : $264,000

AD Id : 80273296

MLS Id : 790863

Beds : 2

Lot Size : 0.02 Acre

Year Built : 1985

County : Bay

Subdivision: Lakes Of Acadia Unit 3 Th

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Map

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Feature Features

  • Bedroom Information

    Total beds: 2

    Bathroom Information

    Total Baths: 2 Full Baths: 1 Half Baths: 1

    Room Information

    Rooms Total: 7

    Roofing Information

    Shingle
  • Interior Features

    Roof: Shingle
    Appliances: GasCooktop, GasOven, GasRange, GasWaterHeater, TanklessWaterHeater
  • Heating & Cooling

    Has Heating: Yes Heating: Central, NaturalGas Has Cooling: Yes Cooling: CentralAir

  • Building Information

    Year Built: 1985
    Building Area Total: 972
    Construction Materials: Stucco
    Stories: 2
    Patio And Porch Features: Balcony, Covered, Porch
    Pool Features: Fenced, GasHeat, InGround, Community
    Private Pool: No

  • Lot Information

    Lot Dimensions: 19x39 Main Square Feet: 0.02 Lot Size Acres: 0.02 Lot Size Square Feet: 784

    Property Information

    Subdivision: Gulf Highlands Beach Resort Source Property Type: Residential MLS Area Minor: 0320 - Beach - Middle Central Zoning Description: Resid Multi-Family Property SubType: Attached Levels: Two Property Age: 41

  • Listing Price Information

    Listing Price: $264000

  • Tax Information

    Parcel Number: 34797-704-000 Tax Year: 2025 Annual Tax: $3617 Tax Legal Desc: GULF HIGHLANDS BEACH RESORT LOT 4 BLK F UNRC ORB 4506 P 2024

  • Homeowners Association Information

    Has Association: Yes
    Association Amenities: Other, SeeRemarks, Gated
    Community Features: Beach, FitnessCenter, Golf, Playground, Pool, TennisCourts, CommunityPool, Gated, ShortTermRentalAllowed

  • School Information

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

    CableConnected, HighSpeedInternetAvailable
  • Location Information

    Direction: Westbound on Middle Beach Road from Walmart, pass Saltwater Grill, gated entrance will be on the left. Security Features: SecurityGate,GatedWithGuard,GatedCommunity,TwentyFourHourSecurity,SecurityGuard,SecurityService
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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 06/07/2026 @ 16:59

MLS: 790863 LISTED BY: Alice de La Penha, Coldwell Banker Realty 850-234-6696 SOURCE: CPAR

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