1 Bath
434 SqFt
1 Bath
434 SqFt
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 434 sqft
Price per Sqft $403
Subdivision Gulf Highlands Beach Resort
MLS Listing ID 1009136
Full Baths 1
HOA Fees $1,658/qua
HOA Y/N Yes
Year Built 1989
Annual Tax Amount $1,682
Tax Year 2025
Property Sub-Type Condominium
Source Emerald Coast Association of REALTORS®
Land Area 434
Property Description
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, 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!
Location
State FL
County Bay
Community Short Term Rental - Allowed, Pickle Ball, Community Room, Exercise Room, Playground, Pool, Tennis, Waterfront
Area 27 - Bay County
Direction 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
Rooms
Kitchen true
Interior
Heating Central
Cooling Central Air
Appliance Dishwasher, Dryer, Microwave
Exterior
Exterior Feature Balcony, Balcony
Pool Pool Type
Community Features Short Term Rental - Allowed, Pickle Ball, Community Room, Exercise Room, Playground, Pool, Tennis, Waterfront
Utilities Available Electric, Public Water
Road Frontage City Street, County Road
Garage No
Building
Lot Description Within 1/2 Mile to Water
Faces 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
Sewer Public Sewer
New Construction No
Schools
Elementary Schools Hutchinson Beach
Middle Schools Surfside
High Schools Arnold
Others
Pets Allowed No
HOA Fee Include Ground Keeping, Insurance, Management, Master Association, Sewer, Trash, Water
Tax ID 34796-172-000
Schools and Properties Nearby