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Harrison Lilly

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

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116 Damon Circle B , Panama City Beach, FL 32407
$170,000
Est. Payment: $862.21/mo
0 Bed
1 Bath
434 Sqft
Status: active | Days on site: 187
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Harrison Lilly
Owner/Operator

House Description

Unit B at Gulf Highlands Beach Resort is a stunningly gorgeous, newly remodeled efficiency condo that has had every upgrade recently completed making it perfectly valuable for any new owner. Acquire this unit to move right in as either a new occupied owner, or rent it as a 'long term' rental unit for a monthly income, or of course obtain it as a 'short term' rental investment and bring in that increased weekly cash flow! Either way, this is the unit that has every upgrade making it easy to move right in. Unit B has had a brand new kitchen installed which includes new custom cabinetry, new kitchen countertops, brand new appliances, a new gas stove, and included in the sale is the beautiful 'kitchen island' table. The usual extra 'bunk bed' area that is included in these condos was converted into a 'medium-sized closet' and now has a sliding barn door enclosing it- giving extra storage space in the living quarters. The bathroom has been remodeled with a brand new tiled walk-in shower, a new vanity, and a new toilet. Finally, the water heater is a 2023 and it is gas. The stackable washer and dryer will convey will the sale of the property. The shelving in the laundry area will also convey. The flooring is LVP. This picturesque condo has it all! It is located on the first floor and has a patio right outside the sliding glass door so sit and enjoy your morning coffee or your evening glass of wine and take in the gorgeous Florida weather. This building has new windows and new doors, new exterior paint, plus a new roof installed in 2019. Gulf Highlands Beach Resort is a 60-acre gated community that also has roving security. It includes these amenities: 4 tennis courts, pickleball courts, mini-golf, shuffleboard, a fitness center, and several playgrounds. It also features 11 swimming pools- with one on the Gulf side. Gulf Highlands Beach Resort also has its own private, gated beach access for guests and residents. It is located right across the street from the main property. The beach area features a private clubhouse, a beachfront pool, restrooms, and shower facilities. With all that this unit offers and with all that the property offers this is the perfect investment for any new buyer to obtain! Come see it all!

Highlights

Listed by Elaine G Fenster , 850-704-2051 Coastal Palms Real Estate , 716-912-1447. Bay County Association of REALTORS

Property Type

Condo/Townhome

HOA Fee

953.29 Quarterly

Year Built

1989

County

Bay

Area

03 - Bay County - Beach

Neighborhood

Gulf Highlands I

Listing ID

784382

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:1
  • Full Bathrooms:1
Appliances:Washer/Dryer Stacked, Gas Cooktop, Gas Oven, Gas Range, Gas Water Heater
Air Cond:Ceiling Fan(s),Wall Unit(s)
Fireplaces:
Other:
  • Additional:Shower Only

Exterior Features

Lot:Paved
Lot Dimensions:0
Zoning:Resid Multi-Family
Others:
  • Additional:Patio
Sewer:Public Sewer
Parking Features:Additional Parking,No Garage,Paved,Parking Lot
Principal Interest
$862
Taxes
$136
HOA
$953

Home Price

$170,000

Loan Details

30 yrs
6.529%

Down Payment

20%
$34,000
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:
$862.21

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $862.21 $136.42 $953.29 $1,951.91
Yearly $10,346.50 $1,637.00 $11,439.48 $23,422.98
Total $310,394.85 $49,110.00 $343,184.40 $702,689.25

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

IDX service by Blueroof 360

Data last updated: 2026-08-20T06:33:19.000Z

© 2026 Bay County Association of REALTORS