About This Home

This 2-bedroom, 3-bathroom townhouse at 131 Grande Island Boulevard in Panama City Beach, FL is listed for $399,000 ($278 per sqft). Built in 1989, the home offers 1,436 sqft of living space on a N/A lot.

Key Features

  • Built in 1989
  • 2 stories
  • 2 parking spaces

Property Details

2 stories
2 full, 1 half
2 spaces
1989

Amenities

A/C
Listing Description

5-minute walk to the beach! Welcome to Gulf Highlands Beach Resort, where this 2-story, 2-bedroom, 2.5-bath townhome is being SOLD FULLY FURNISHED and is ready for immediate enjoyment or to become your next investment property! With rental projections of approximately $38,000 annually, plus a 2022 roof and 2022 HVAC, this property is ready to go.

Inside, you'll find a bright, neutral interior with an open layout. The kitchen features tile flooring, stainless steel appliances, abundant cabinetry, and a large breakfast bar with ample seating, while the adjacent dining area accommodates more seating.

The spacious living room opens through sliding glass doors and is one of the few units with a covered patio overlooking one of the community pools. There's also a shared green space, creating a relaxing outdoor setting. Additional conveniences include two owner's closets for secure storage and two assigned parking spaces.

Both bedrooms and the laundry room are located upstairs. The spacious primary suite features a vaulted ceiling, private balcony with pool views, and an ensuite bathroom with a tub/shower combination. The second bedroom also includes its own ensuite bathroom with a walk-in shower, offering privacy for guests.

Gulf Highlands Beach Resort is packed with amenities, including private beach access, 11 swimming pools with one being Gulf front, newly added pickleball courts, basketball courts, shuffleboard courts, mini golf, and a fitness center. Centrally located in Panam a City Beach, you're just minutes from shopping, dining, and local attractions.

Whether you're looking for a beach getaway, full-time residence, or short-term rental investment, this townhome offers an excellent location, strong income potential, and outstanding resort-style amenities!

Monthly Cost Estimate

$3,256/mo

20% down · 6.5% · 30 years

Principal$289
Interest$1,729
Insurance$116
HOA$1,122

Estimates only. Actual payments may vary.

Location

131 Grande Island Boulevard

Panama City Beach, FL 32407

GULF HIGHLAND BEACH RESORT UNREC

Features & Amenities

Interior Features

Breakfast BarOwner's ClosetWasher/Dryer Hookup

Exterior Features

Balcony

Property Details

Flooring

CarpetTile

Construction

Frame Stucco

Outdoor Features

Patio

Heating

Central

Cooling

Central Air

Appliances

DishwasherDryerMicrowaveRefrigeratorRefrigerator W/IceMkSmooth Stovetop RngeStove/Oven ElectricWasherWine RefrigeratorWater Heater - Elect

Questions & Answers

This 2-bedroom, 3-bathroom townhouse at 131 Grande Island Boulevard is listed at $399,000 ($278/sqft). The estimated monthly payment is $3,256 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $1122/month.

Key features include: Built in 1989, 2 stories, 2 parking spaces. Interior Features: Breakfast Bar, Owner's Closet, Washer/Dryer Hookup. Exterior Features: Balcony.

This property is listed by Travis Talley.

TT

Travis Talley

License 3292694

Agent at Florida Investment Group LLC dba Keller Williams Realty Pensacola

Listed by Florida Investment Group LLC dba Keller Williams Realty Pensacola · Broker phone: (850) 471-5000 · View on Broker Site

MLS# 1009401· Source: Emerald Coast Association of Realtors· 86 days on PropertySimple

Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

131 Grande Island Boulevard, Panama City Beach, FL 32407

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