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Harrison Lilly Team

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

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131 Damon Cir , Panama City Beach, FL 32407
$287,000
Est. Payment: $1,585.63/mo
2 Bed
2 Bath
972 Sqft
0.01 Acres
Status: Active | Days on site: 32
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BBBI - B7485,B12626
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Harrison Lilly Team
Owner/Operator

House Description

Welcome to your slice of coastal paradise in the highly desirable, gated Gulf Highlands Beach Resort! Perfectly suited as a high-yield short-term rental, relaxing second home, or turnkey primary residence, this freshly updated 2-bedroom townhome is completely move-in ready--just in time to capture peak rental season income. Inside, you'll find a bright and airy layout featuring fresh interior paint in soothing neutral tones, brand-new modern lighting, soft neutral carpet, and low-maintenance tile flooring. The main floor offers a seamless flow between the dining space, living area, and kitchen counter island, while upstairs hosts private, peaceful retreats--including a spacious primary suite complete with a custom decorative headboard, full-length mirror, en-suite vanity access, and private balcony entry. Outdoor living is where this property truly shines! Step out your back door onto your private covered patio to find a heated pool, tennis court, and shuffleboard courts waiting just steps away. Enjoy your morning coffee or evening breeze from either the ground-floor patio or the upper-level balcony, both overlooking landscaped green grounds. Additionally, the unit includes an exterior laundry closet and a spacious dedicated storage room for all your beach gear and tools. Living in Gulf Highlands Beach Resort means enjoying unparalleled, world-class amenities right at your fingertips. Owners and guests have access to 11 swimming pools (including a beachfront pool), an exclusive Beachfront Clubhouse with a snack bar, 4 tennis courts, pickleball courts, and an 18-hole mini-golf course, all within a secure, gated community. Whether you are lounging by the pool or taking a short stroll to the sand, this resort-style townhome offers the ultimate Florida lifestyle. Please note that age, square footage, and room dimensions are approximate, and the buyer should verify if important.

Highlights

Listed by Mary J Bossert , 850-605-6052 and Sara Bullock , 619-861-3120 Beachy Beach Real Estate , 850-233-4351. Bay County Association of REALTORS

Property Type

Condo/Townhome

Lot/Acreage
0.01

HOA Fee

1121.78 Quarterly

Year Built

1985

County

Bay

Area

03 - Bay County - Beach

Neighborhood

Gulf Highlands Beach Resort

Listing ID

794370

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:2
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:1
  • ▪ 1/2 Bathrooms:1
Appliances:Gas Oven
Air Cond:Central Air,Ceiling Fan(s)
Fireplaces:
Other:
  • ▪ Additional:Upper Level Primary

Exterior Features

Lot:Sprinkler System,Paved
Lot Dimensions:25x82
Zoning:Resid Multi-Family
Roof:Composition,Shingle
Others:
  • ▪ Additional:Patio
Sewer:Public Sewer
Parking Features:Gated
Principal Interest
$1,586
Taxes
$274
HOA
$1,122

Home Price

$287,000

Loan Details

30 yrs
7.374%

Down Payment

20%
$57,400
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:
$1,585.63

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $1,585.63 $274.16 $1,121.78 $2,981.57
Yearly $19,027.60 $3,289.87 $13,461.36 $35,778.83
Total $570,828.12 $98,696.10 $403,840.80 $1,073,365.02

Today's Rates

30 Year

7.37%

20 Year

7.27%

15 Year

6.8%

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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 Bay County Association of REALTORS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-10-07T03:46:57.000Z

© 2026 Bay County Association of REALTORS