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Harrison Lilly

Owner/Operator | Harrison Lilly Emerald Coast | Harrison Lilly Realty | PLACE

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131 Grande Island Boulevard , Panama City Beach, FL 32407
$415,000
Est. Payment: $2,104.80/mo
2 Bed
3 Bath
1436 Sqft
Status: active | Days on site: 7
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Harrison Lilly
Owner/Operator

House 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 to a covered patio overlooking one of the community pools, with 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, newly added pickleball courts, basketball courts, shuffleboard courts, mini golf, and a fitness center. Centrally located in Panama City Beach, you're just minutes from shopping, dining, and loc al 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!

Highlights

Listed by Travis Talley , 850-490-1519 Keller Williams Realty Gulf Coast , 850-916-5800. Emerald Coast Multiple Listing Services

Property Type

Condo/Townhome

HOA Fee

Year Built

1989

County

Bay

Area

27 - Bay County

Neighborhood

Gulf Highland Beach Resort Unrec

Listing ID

1009401

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:2
  • Bathrooms:3
  • Full Bathrooms:2
  • 1/2 Bathrooms:1
Appliances:Dishwasher, Dryer, Microwave, Refrigerator, Refrigerator W/IceMk, Smooth Stovetop Rnge, Stove/Oven Electric, Washer, Wine Refrigerator, Water Heater - Elect
Air Cond:Ceiling Fans,Central Air
Fireplaces:
Floor:Floor Tile,Floor WW Carpet
Other:
  • Additional:Breakfast Bar, Owner's Closet, Washer/Dryer Hookup

Exterior Features

Lot:Interior,Survey Available,Within 1/2 Mile to Water
Zoning:Resid Multi-Family
Others:
  • Additional:Balcony, Patio Covered, Patio Open
Sewer:Public Sewer
Principal Interest
$2,105
Taxes
$391
HOA
$0

Home Price

$415,000

Loan Details

30 yrs
6.529%

Down Payment

20%
$83,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,104.80

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,104.80 $390.64 $0.00 $2,495.44
Yearly $25,257.62 $4,687.64 $0.00 $29,945.26
Total $757,728.61 $140,629.20 $0.00 $898,357.81

Today's Rates

30 Year

6.53%

20 Year

6.33%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Panama City Beach, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Emerald Coast Multiple Listing Services, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-20T06:32:47.000Z

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