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$175,000 Just Listed
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Property Description
Looking for a condo in Panama City Beach that actually makes sense? Updated, ground-floor studio, strong cash flow, and just steps from the sand. This beautifully updated, fully furnished studio checks all the boxes. Search on YouTube ''For Sale Ground Floor Studio in Gulf Highlands Beach Resort'' for video tour. Located in a gated resort-style community, you'll enjoy parking right next to the unit, a short 6-minute walk to the beach, and strong short-term rental potential with a projected GRI of $27,000-$30,000. Inside, you'll find quality upgrades throughout, including solid wood cabinets, new countertops, a tiled walk-in shower, LVP flooring, stainless steel appliances, accent shiplap, new furniture, accessories, and more. Plus, this condo is located right next to one of the community pools and tennis courts, putting convenience at your doorstep. The major expenses have already been taken care of with a 2018 roof, hurricane-rated windows and doors, 2021 HVAC, and 2023 water heater, giving you peace of mind for years to come. The unit is truly turnkey with the possibility of future bookings transferring, making it ready to enjoy or start generating income right away. The COA is below average for Panama City Beach while offering exceptional value. It includes building insurance, water and sewer, exterior maintenance and painting, lawn care, trash, pest control, termite bond, gated security, and access to incredible resort-style amenities, including 11 pools (5 heated), a private Gulf-front pool and restaurant, tennis and pickleball courts, mini golf, shuffleboard, fitness center, playground, and beautifully maintained grounds. Whether you're looking for an affordable beach getaway or one of the best ROI opportunities in Panama City Beach, this one is definitely worth a look. Schedule your showing today!
Full Property Details
Full Property Details for 134 Damon Cir #B
General
- Price: $175,000
- HOA FEE: $553/month
- HOA FEE FREQ.: Quarterly
- Taxes: $1,682 (2025)
- Status: Active
- Type: Condo
- Source: Bay_County
- MLS ID: 793528
- Updated: 8/4/2026
- Added to Site: 5 day(s) ago
Interior
- Appliances: Gas Water Heater
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Additional Information
- Shared Amenities: Gated
- Pool: Yes
- Pool Description: Gas Heat, Community
- Tennis: Yes
- Security/Safety: Carbon Monoxide Detector(s), Gated with Guard, Smoke Detector(s)
Exterior
- Porch/Patio/Deck: Balcony
Location
- County: Bay
- Subdivision: Gulf Highlands Beach Resort
- Driving Directions: East on hwy 98, take a right on Richard Jackson Blvd then Take a Left on Middle Beach Rd, then take a Right at Gulf Highlands
School Information
- Elementary School: Hutchison Beach
- Middle School: Surfside
- High School: Arnold
Community
- Community Name: 03 - Bay County - Beach
- Association: Yes
- Assoc. Fees Include: Association Management, Clubhouse, Fitness Facility, Insurance, Maintenance Grounds, Pest Control, Playground, Sewer, Trash, Water
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
Structural Information
- Architectural Style: Low Rise
- Sq. Ft. Source: Appraiser
- Year Built: 1989
Lot Features
- Lot Dimensions: 0 x 0
Financial Considerations
- Association Fee: $1,659
- Assoc Fee Freq.: Quarterly
- Tax Amount: $1,682
- Tax Year: 2025
Disclosures and Reports
- Legal Description: GULF HIGHLANDS I, CONDO UNIT B BLDG G-10 EFFICIENCY ORB 1223 P 953 EFF 1BA 434 H&C ORB 3846 P 88
- Property ID: 34796-172-000
Listed by Dalton Wade Inc
Get Pre-Approved Today
Schools
Schools serving 134 Damon Cir #B
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Hutchison Beach Elementary School 12900 Middle Beach Rd, Panama City, FL 32407 | K-5 | 1.6 mi |
Surfside Middle School 300 Nautilus Street, Panama City Beach, FL 32413 | 6-8 | 2.7 mi |
J.R. Arnold High School 550 North Alf Coleman Road, Panama City Beach, FL 32407 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 134 Damon Cir #B
Date
Details
Price
Change
Source
8/04/2026
Listed
$175,000
118.75%
MLS
3/15/2018
Sold
$80,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 134 Damon Cir #B
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,660
—
$99,304
-34%
2024
$1,660
5%
$150,875
—
2023
$1,576
48%
$150,875
71%
2021
$1,067
-11%
$88,400
-18%
2022
$1,205
13%
$107,950
59%
2021
$1,067
32%
$68,000
21%
2019
$808
6%
$56,054
10%
2018
$762
35%
$50,958
10%
2017
$566
529%
$46,325
54%
2016
$90
—
$30,136
1%
2015
$90
3%
$29,927
1%
2014
$87
13%
$29,689
2%
2013
$77
—
$29,250
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 134 Damon Cir #B
134 Damon Circle #B, Panama City Beach, FL 32407 (MLS# 793528) is a Condo property with 0 bedrooms and 1 full bathroom. 134 Damon Circle #B is currently listed for $175,000 and was received on August 04, 2026. Want to learn more about 134 Damon Circle #B? Do you have questions about finding other Condo real estate for sale in Panama City Beach? You can browse all Panama City Beach real estate or contact a Coldwell Banker agent to request more information.

