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.
Listed By
Agency Name: Coldwell Banker Realty
Shown By
Agent Name: Philip Stoner
Agent Phone: (850) 337-1555
Agency Title: Premier Property Group
Estimated Payment
$ 965.97 per month $587.55 Principal & Interest $301.42 Property Tax $77.00 Homeowner's Insurance
151 Damon Circle | MLS# 790863
This townhouse located at 151 Damon Circle , Panama City Beach, FL 32407 is currently listed for sale with an asking price of $264,000. This property was built in 1985 and has 2 bedrooms and 1 full and 1 partial baths with 972 sq. ft. Damon Circle is located in the Gulf Highlands Beach Resort subdivision. Search Gulf Highlands Beach Resort real estate on philipstoner.premierfl.com today.