CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS
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.
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Zillow last checked:
Listing updated:
Listed by:
Alice de La Penha850-771-3150,
Coldwell Banker Realty
Source: CPAR,MLS#: 790863Originating MLS: Central Panhandle Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 2
Bathrooms: 2
Full bathrooms: 1
1/2 bathrooms: 1
Rooms
Room types: Bedroom, Dining Room, Full Bath, Half Bath, Kitchen, Living Room, Primary Bedroom
Primary bedroom
Level: Second
Dimensions: 13.5 x 11.72
Bedroom
Level: Second
Dimensions: 9.51 x 13.7
Dining room
Level: First
Dimensions: 8.3 x 12.3
Other
Level: Second
Dimensions: 5.5 x 5.2
Half bath
Level: First
Dimensions: 3.14 x 6.59
Kitchen
Level: First
Dimensions: 8.96 x 12.16
Living room
Level: First
Dimensions: 13.7 x 14
Heating
Central, Natural Gas
Cooling
Central Air
Appliances
Included: Gas Cooktop, Gas Oven, Gas Range, Gas Water Heater, Tankless Water Heater
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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