About This Home
This 0-bedroom, 1-bathroom condo at 134 Damon Circle #B in Panama City Beach, FL is listed for $175,000 ($403 per sqft). Built in 1989, the home offers 434 sqft of living space on a N/A lot.
Key Features
- Built in 1989
- 1 parking spaces
Property Details
Amenities
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. 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, t
ennis 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!
Monthly Cost Estimate
$2,595/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
134 Damon Circle #B
Panama City Beach, FL 32407
Gulf Highlands Beach Resort
Features & Amenities
Exterior Features
Property Details
Heating
Cooling
Appliances
Questions & Answers
This 0-bedroom, 1-bathroom condo at 134 Damon Circle is listed at $175,000 ($403/sqft). The estimated monthly payment is $2,595 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.
HOA fees are $1659/month.
Key features include: Built in 1989, 1 parking spaces. Exterior Features: Balcony.
This property is listed by Andrei Cunitin and can be reached at 8509603857.