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Pending
  • $264,000

    151 Damon Cir, Panama City Beach, FL 32407

    2beds
    972sqft
    : 
    $2,041/mo
    Get pre-qualified
    Townhouse
    Built in 1985
    871 Square Feet Lot
    $255,000 Zestimate®
    $272/sqft
    $363/mo HOA

    What's special

    Gated gulf highlands communityModern coastal furnishingsUpdated lightingDedicated workspaceBrand-new hvac systemGrill areaOn-demand water heater
    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.
    65 days
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    26
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    Zillow last checked:

    Listing updated:

    Listed by:

    Alice de La Penha 850-771-3150,

    Coldwell Banker Realty

    Source: CPAR,MLS#: 790863MLS LogoOriginating 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
      Features
      • Balcony, Tub Shower, Upper Level Primary
      Interior area
      • Total structure area: 972
      • Total interior livable area: 972 sqft
      Video & virtual tour

      Property

      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Balcony, Covered, Porch
      • Pool features: Fenced, Gas Heat, In Ground, Community
      Lot
      • Size: 871 Square Feet
      • Dimensions: 19 x 39
      Details
      • Parcel number: 34797704000
      • Zoning description: Resid Multi-Family
      • Special conditions: Listed As-Is

      Construction

      Type & style
      • Home type: Townhouse
      • Property subtype: Townhouse
      • Attached to another structure: Yes
      Materials
      • Stucco
      • Foundation: Slab
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1985

      Utilities & green energy

      • Sewer: Public Sewer
      • Utilities for property: Cable Connected, High Speed Internet Available

      Community & HOA

      Community
      • Features: Beach, Fitness Center, Golf, Playground, Pool, Tennis Court(s), Community Pool, Gated, Short Term Rental Allowed
      • Security: Security Gate, Gated with Guard, Gated Community, 24 Hour Security, Security Guard, Security Service
      • Subdivision: Gulf Highlands Beach Resort
      HOA
      • Has HOA: Yes
      • Amenities included: Other, See Remarks, Gated
      • Services included: Association Management, Clubhouse, Fitness Facility, Gas, Internet, Maintenance Grounds, Pest Control, Playground, Pool(s), Trash
      • HOA fee: $1,090 quarterly
      Location
      • Region: Panama City Beach

      Financial & listing details

      • Price per square foot: $272/sqft
      • Tax assessed value: $291,547
      • Annual tax amount: $3,617
      • Date on market: 6/5/2026
      • Cumulative days on market: 25 days

        Foreclosure details

        Estimated market value

        $255,000

        $242,000 - $268,000

        $1,894/mo

        Price history

        DateEventPrice
        7/3/2026Pending sale$264,000$272/sqft
        Source: CPAR #790863 Report a problem
        6/5/2026Listed for sale$264,000-1.5%$272/sqft
        Source: CPAR #790863 Report a problem
        1/3/2022Sold$268,000+143.6%$276/sqft
        Source: Public Record Report a problem
        4/4/2013Sold$110,000-4.3%$113/sqft
        Source: CPAR #604102 Report a problem
        11/22/2012Listed for sale$114,900+39.3%$118/sqft
        Source: Emerald Coast Realty, Inc. #604102 Report a problem
        11/19/2012Sold$82,500$85/sqft
        Source: CPAR #600998 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$3,400 +6.7%$250,832 +10%
        2023$3,185 +35.1%$228,029 +10%
        2022$2,357 $207,299
        2021-- --
        2020$1,431 +15.7%$110,769 +16.2%
        2019$1,237 $95,347 +2.8%
        2018$1,237 +0.8%$92,713 +4.5%
        2017$1,227 +16.5%$88,742 -0.1%
        2016$1,053 -1.9%$88,873 -0.5%
        2015$1,074 $89,288 -0.2%
        2014$1,074 $89,428 -1.2%
        2013-- $90,503 +5.3%
        2012-- $85,907 +56.1%
        2011-- $55,039 +1.5%
        2010-- $54,226 +2.7%
        2009-- $52,800 +0.1%
        2008-- $52,747 +3%
        2007-- $51,211 +2.5%
        2006-- $49,959 +3%
        2005-- $48,504 +3%
        2004-- $47,091 +1.9%
        2003-- $46,213 +2.4%
        2002-- $45,130 +1.6%
        2001-- $44,419 -6.7%
        2000-- $47,624
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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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        Climate risks

        Neighborhood: 32407

        Getting around

        48 / 100
        Car-Dependent
        48 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Hutchison Beach
        • Middle: Surfside
        • High: Arnold

        Source: CPAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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