$359,000
Panama City Beach, FL 32407
MLS# 977230
Status: Pending
3 beds | 3 baths | 1322 sqft
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Property Description
Turn-Key Beachside Rental | Proven Income | Booking Into 2026 Walk straight into income with this fully operational, turn-key beach rental booking 2026 season. The property generated $74,059.14 revenue 2025, making this an exceptional opportunity for investors or buyers seeking a beach home that produces immediate cash flow. This upgraded unit has been thoughtfully designed for both comfort and profitability, offering spacious rooms ideal for vacation rentals or full-time living. The flexible floor plan maximizes sleeping capacity while remaining functional and inviting. Upstairs features two bedrooms, a bonus room currently used as a third bedroom, and two full bathrooms. Downstair has a versatile room off the kitchen used as an extra bedroom, that makes 4.
Details
Contract Info
Listing Board: Emerald Coast
List Price/SqFt: 271.56
List Date: 2025-05-16
Current Price: $359,000
List Price: $359,000
Location, Tax and Legal
Sub Area: 2720 - Beach - Middle Central
Elementary School: Hutchinson Beach
Middle School: Surfside
High School: Arnold
Legal Description: GULF HIGHLANDS BEACH RESORT PH I 35 3S 16W MAP 47C4 ENDING RE# 34779-225-000
General Property Info
Sub-Type: Attached Single Unit
Design: Townhome
SqFt Source: Appraiser
Immediate Occupancy: Yes
Garage: No
Carport: No
Assigned Spaces: 2
Pool: Yes
Pool Type: Community
Apx SqFt(Htd/Cooled): 1322
Bedrooms: 3
Full Baths: 2
Half Baths: 1
Total Bathrooms: 3
# Stories: 2
Year Built: 1982
Listing Info, Tax & Legal
Homestead: No
Is Subject Leased: No
Assessment Fees: Yes
Assessment Amount: 4488.56
Annual Assessment Amount: 4488.56
Assessment Paid: Annually
New Buyer Fee: No
Last Taxes: 0
Last Tax Year: 0
Brokerage Interest: No Interest
As Is: No
Remarks & Misc
Remarks: Turn-Key Beachside Rental | Proven Income | Booking Into 2026 Walk straight into income with this fully operational, turn-key beach rental booking 2026 season. The property generated $74,059.14 revenue 2025, making this an exceptional opportunity for investors or buyers seeking a beach home that produces immediate cash flow. This upgraded unit has been thoughtfully designed for both comfort and profitability, offering spacious rooms ideal for vacation rentals or full-time living. The flexible floor plan maximizes sleeping capacity while remaining functional and inviting. Upstairs features two bedrooms, a bonus room currently used as a third bedroom, and two full bathrooms. Downstair has a versatile room off the kitchen used as an extra bedroom, that makes 4.
Construction Status
Construction Complete: 1
Lot/Parcel Access
City Road: 1
Paved Road: 1
Lot Features
Sidewalk: 1
Within 1/2 Mile to Water: 1
Project Facilities
BBQ Pit/Grill: 1
Community Room: 1
Exercise Room: 1
Fishing: 1
Gated Community: 1
Golf: 1
Pavillion/Gazebo: 1
Pets Allowed: 1
Pickle Ball: 1
Picnic Area: 1
Playground: 1
Pool: 1
Short Term Rental - Allowed: 1
Tennis: 1
TV Cable: 1
Waterfront: 1
Construction/Siding
Brick: 1
Concrete: 1
Foundation Off Grade: 1
Roof Composite Shngl: 1
Slab: 1
Trim Wood: 1
Utilities
Electric: 1
Gas - Natural: 1
Public Sewer: 1
Public Water: 1
TV Cable: 1
Zoning
Resid Multi-Family: 1
Exterior
BBQ Pit/Grill: 1
Hot Tub: 1
Patio Open: 1
Pavillion/Gazebo: 1
Pool - Gunite Concrt: 1
Pool - Heated: 1
Pool - In-Ground: 1
Shower: 1
Tennis Court: 1
Interior
Floor Tile: 1
Furnished - All: 1
Kitchen Island: 1
Owner's Closet: 1
Pantry: 1
Pull Down Stairs: 1
Washer/Dryer Hookup: 1
Window Treatment All: 1
Financing
Conventional: 1
FHA: 1
VA: 1
Appliances
Cooktop: 1
Dishwasher: 1
Dryer: 1
Microwave: 1
Range Hood: 1
Refrigerator W/IceMk: 1
Smoke Detector: 1
Washer: 1
Energy
AC - Central Elect: 1
Ceiling Fans: 1
Master Bedroom
Second: 1
Bedroom
First: 1
Second: 1
Kitchen
First: 1
Living Room
First: 1
Full Bathroom
Second: 1
Half Bathroom
First: 1
Rooms
Bedroom: 1
Dining Area: 1
Full Bathroom: 1
Half Bathroom: 1
Kitchen: 1
Laundry: 1
Living Room: 1
Master Bathroom: 1
Master Bedroom: 1
Fees Include
Ground Keeping: 1
Management: 1
Sewer: 1
Trash: 1
TV Cable: 1
Water: 1
Status Change Info
Status: Pending
Under Contract Date: 2026-02-11
Location Tax and Legal
Area: 27 - Bay County
Street #: 169
Street Name: Gulf Highlands Resort
Street Suffix: Boulevard
State: FL
Zip Code: 32407
County: Bay
Project Name/Subdivision: Gulf Highlands Beach Resort
Parcel ID: 34779-000-000
Property Features
Construction Status: Construction Complete
Lot Features: Sidewalk; Within 1/2 Mile to Water
Zoning: Resid Multi-Family
Project Facilities: BBQ Pit/Grill; Community Room; Exercise Room; Fishing; Gated Community; Golf; Pavillion/Gazebo; Pets Allowed; Pickle Ball; Picnic Area; Playground; Pool; Short Term Rental - Allowed; Tennis; TV Cable; Waterfront
Exterior: BBQ Pit/Grill; Hot Tub; Patio Open; Pavillion/Gazebo; Pool - Gunite Concrt; Pool - Heated; Pool - In-Ground; Shower; Tennis Court
Interior: Floor Tile; Furnished - All; Kitchen Island; Owner's Closet; Pantry; Pull Down Stairs; Washer/Dryer Hookup; Window Treatment All
Appliances: Cooktop; Dishwasher; Dryer; Microwave; Range Hood; Refrigerator W/IceMk; Smoke Detector; Washer
Utilities: Electric; Gas - Natural; Public Sewer; Public Water; TV Cable
Energy: AC - Central Elect; Ceiling Fans
Master Bedroom: Second
Bedroom: First; Second
Kitchen: First
Living Room: First
Full Bathroom: Second
Half Bathroom: First
Rooms: Bedroom; Dining Area; Full Bathroom; Half Bathroom; Kitchen; Laundry; Living Room; Master Bathroom; Master Bedroom
Financing: Conventional; FHA; VA
Fees Include: Ground Keeping; Management; Trash; TV Cable; Water
Room Information
| Room Name | Level | Dimensions | Length | Width | Dimensions |
| Living Room | First | 13 x 12 | 13.00 | 12.00 | 13 x 12 |
| Dining Area | First | 10 x 9 | 10.00 | 9.00 | 10 x 9 |
| Kitchen | First | 10 x 8 | 10.00 | 8.00 | 10 x 8 |
| Master Bedroom | Second | 13 x 12 | 13.00 | 12.00 | 13 x 12 |
| Bedroom | First | 12 x 10 | 12.00 | 10.00 | 12 x 10 |
| Bedroom | Second | 13 x 10 | 13.00 | 10.00 | 13 x 10 |
| Bedroom | Second | 13 x 10 | 13.00 | 10.00 | 13 x 10 |
| Full Bathroom | Second | 8 x 5 | 8.00 | 5.00 | 8 x 5 |
| Master Bathroom | Second | 8 x 5 | 8.00 | 5.00 | 8 x 5 |
| Half Bathroom | First | 6 x 3 | 6.00 | 3.00 | 6 x 3 |
| Laundry | First | 6 x 5 | 6.00 | 5.00 | 6 x 5 |
Listing Office: Coldwell Banker Realty
Last Updated: February - 14 - 2026
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.
