151 Damon Circle, Panama City Beach, FL 32407

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Sold Price
$260,000
List Price
$264,000
Closing Date
Aug 18, 2026
MLS#
790863
Status
CLOSED
Type
Single Family Residential
Subtype
Attached
Bedrooms
2
Bathrooms
2
Lot Size
784
Neighborhood
Beach - Middle Central

Property 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 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.

Additional Information

Acres
0.02
Appliances
Gas Cooktop, Gas Oven, Gas Range, Gas Water Heater, Tankless Water Heater
Elementary School
Hutchison Beach
High School
Arnold
Interior Features
Balcony, Tub Shower, Upper Level Primary
Lot Dimensions
19x39
Middle School
Surfside
Neighborhood
Beach - Middle Central
Project Facilities
Beach, Fitness Center, Golf, Playground, Pool, Tennis Court(s), Community Pool, Gated, Short Term Rental Allowed
Stories
2
Subdivision
Gulf Highlands Beach Resort
Utilities
Cable Connected, High Speed Internet Available
Year Built
1985
Zoning
Resid Multi-Family

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Coldwell Banker Realty. Selling Office: EXP Realty LLC.