Skip To Content

151 Damon Circle

Panama City Beach, FL 32407
  • $264,000
  • STATUS: Active Under Contract
  • ON SITE: 63 Days
  • MLS #: 790863
Under Contract
UPDATED: 41 min ago
$264,000
  • 2
    BEDS
  • 0.02
    ACRES
  • 1
    BATHS
  • 1
    1/2 BATHS
  • 972
    SQFT
  • $272
    $/SQFT
Type:
Townhouse
Built:
1985
County:
Bay

School Information

Elementary School:
Middle School:
High School:

Description

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.

Monthly Payment Calculator



© 2026 Central Panhandle Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX by the Sea. Data last updated: 2026-08-08T18:03:58.023.
www.coastalsandsproperties.com/homes/177321922
Print Image

151 Damon Circle Panama City Beach, FL 32407

  • Price: $264,000
  • Status: Active Under Contract
  • On Site: 63 Days
  • Updated: 41 min ago
  • MLS #: 790863
2
Beds
1
Baths
1
½ Baths
0.02
Acres
972
SQFT
$272
$/SQFT
1985
Built
Neighborhood:
Gulf Highlands Beach Resort
County:
Bay
Area:
Bay County-Beach
Elementary School:
Hutchison Beach
Middle School:
Surfside
High School:
Arnold
Property Description
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.
Exterior Features

Construction Materials Stucco Foundation Details Slab Garage YN No Levels Two Patio And Porch Features Balcony Covered Porch Pool Features Fenced Gas Heat In Ground Community Roof Shingle Stories 2 Structure Type Townhouse

Interior Features

Appliances Gas Cooktop Gas Oven Gas Range Gas Water Heater Tankless Water Heater Cooling Central Air Cooling YN Yes Heating Central Natural Gas Heating YN Yes Interior Features Balcony Tub Shower Upper Level Primary Rooms Half Bath (First Level) Living Room (First Level) Full Bath (Second Level) Bedroom (Second Level) Primary Bedroom (Second Level) Kitchen (First Level) Dining Room (First Level) Units Furnished All Units

Property Features

Association Amenities Other See Remarks Gated Association Fee 1090.14 Association Fee Frequency Quarterly Association Fee Includes Association Management Clubhouse Fitness Facility Gas Internet Maintenance Grounds Pest Control Playground Pool(s) Trash Association YN Yes Community Features Beach Fitness Center Golf Playground Pool Tennis Court(s) Community Pool Gated Short Term Rental Allowed Disclosures Accepting Backup Offers Listing Service Full Service Lot Size Dimensions 19x39 New Construction YN No Occupant Type Tenant Property Sub Type Attached Property Sub Type Additional Attached Townhouse Security Features Security Gate Gated with Guard Gated Community24 Hour Security Security Guard Security Service Sewer Public Sewer Special Listing Conditions Listed As- Is Tax Annual Amount 3617 Tax Year 2025 Utilities Cable Connected High Speed Internet Available Waterfront YN No Zoning Description Resid Multi- Family

Central Panhandle Association of REALTORS (Panama City MLS) logo Listing provided courtesy of Coldwell Banker Realty: 850-234-6696. Listing information © 2026 Central Panhandle Association of Realtors MLS.


© 2026 Central Panhandle Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX by the Sea. Data last updated: 2026-08-08T18:03:58.023.
 
https://bt-photos.global.ssl.fastly.net/panamacity/1280_boomver_1_790863-2.jpg https://bt-photos.global.ssl.fastly.net/panamacity/1280_boomver_1_790863-2.jpg https://bt-photos.global.ssl.fastly.net/panamacity/1280_boomver_1_790863-2.jpg
Logo
RE/MAX by the Sea
2395 W. Hwy 30A W
Santa Rosa Beach FL, 32549