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$199,000
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Property Description
''Investor Special--Prime Fix & Flip or Rental Opportunity in Panama City Beach, Florida!This 2-bedroom, 1.5-bathroom townhome in Gulf Highlands Beach Resort is a top-tier investment opportunity in Panama City Beach, Florida. Whether you're looking for a profitable fix and flip, vacation rental, or long-term investment, this property is a rare find in one of Florida's most sought-after vacation destinations.While the home needs renovations, strategic updates could transform it into a high-ROI rental or profitable resale. Located in a gated, golf cart-friendly community, this property offers short-term rental potential with low HOA fees that include water, trash, internet, and resort-style amenities.Investment Highlights:Short-Term Rentals Allowed - Ideal for maximizing income in Panama City Beach, Florida's booming vacation rental market.Resort-Style Amenities - Enjoy 11 pools (5 heated), tennis courts, pickleball, mini-golf, and a Gulf-front clubhouse.Flood Zone X - No flood insurance required.Prime Location - Walking distance to the beach, restaurants, shopping, entertainment, a waterpark, fishing pier, and hospitals.Low HOA Fees - Covers essential utilities and top-tier community amenities.This is a priced-to-sell investment property in Panama City Beach, Florida, perfect for real estate investors looking to capitalize on the area's strong demand. Don't miss out on this rare opportunity--contact us today!''
Full Property Details
Full Property Details for 149 Gulf Highlands Blvd
General
- Sold For: $199,000
- HOA FEE: $363/month
- HOA FEE FREQ.: Quarterly
- Taxes: $2,969 (2024)
- Status: Closed
- Type: Townhouse
- Source: Bay_County
- MLS ID: 770250
- Added to Site: 312 day(s) ago
Interior
- Interior Features: Breakfast Bar
- Fireplace: Yes
- Fireplace(s): Electric
- Appliances: Dryer, Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator, Washer
- Furnishings: Partially
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Additional Information
- Shared Amenities: Beach Rights, Gated
- Pool: Yes
- Pool Description: Community
- Tennis: Yes
- Security/Safety: Gated Community, Smoke Detector(s), Security Fence, Security Service
Exterior
- Exterior Features: Patio
Parking
- Parking Features: Assigned
Location
- County: Bay
- Subdivision: Gulf Highlands Beach Resort
- Driving Directions: 0.9 miles west of Wal-Mart on Hutchison Blvd. Turn Left into Gulf Highlands Beach Resort.
School Information
- Elementary School: Hutchison Beach
- Middle School: Surfside
- High School: Arnold
Community
- Community Name: 03 - Bay County - Beach
- Association: Yes
- Assoc. Fees Include: Association Management, Clubhouse, Cable TV, Fishing Rights, Insurance, Internet, Other, Pest Control, Playground, Pool(s), Recreation Facilities, See Remarks, Tennis Courts, Trash
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central, Fireplace(s), Natural Gas
Utilities
- Utility Description: Cable Connected, High Speed Internet Available, Trash Collection
Structural Information
- Structure Type: Townhouse
- Construction: Concrete, Stucco
- Doors: Storm Door(s)
- Stories/Levels: 2
- Square Feet: 972
- Sq. Ft. Source: Appraiser
- Living Area: 972 Sq. Ft.
- Year Built: 1985
Lot Features
- Lot Size (Acres): 0.02
- Lot Size (Sq. Ft.): 784
- Lot Dimensions: 20 x 60
- Frontage: Private Road, Paved
- Sidewalks: Yes
- Zoning: Resort
Financial Considerations
- Association Fee: $1,090
- Assoc Fee Freq.: Quarterly
- Tax Amount: $2,969
- Tax Year: 2024
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: GULF HIGHLANDS BEACH RESORT UNRECORDED LOT 15 BLK E ORB 4691 P 427
- Property ID: 34797-125-000
Listed by EXP Realty LLC and eXp Realty, LLC
Sold by Dalton Wade Inc
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Schools
Schools serving 149 Gulf Highlands Blvd
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Hutchison Beach Elementary School 12900 Middle Beach Rd, Panama City, FL 32407 | K-5 | 1.8 mi |
Surfside Middle School 300 Nautilus Street, Panama City Beach, FL 32413 | 6-8 | 2.8 mi |
J.R. Arnold High School 550 North Alf Coleman Road, Panama City Beach, FL 32407 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 149 Gulf Highlands Blvd
Date
Details
Price
Change
Source
4/04/2025
Sold
$199,000
—
MLS
3/12/2025
Listed
$199,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
149 Gulf Highlands Boulevard, Panama City Beach, FL 32407 (MLS# 770250) is a Townhouse property that was sold at $199,000 on April 04, 2025. Want to learn more about 149 Gulf Highlands Boulevard? Do you have questions about finding other Townhouse real estate for sale in Panama City Beach? You can browse all Panama City Beach real estate or contact a Coldwell Banker agent to request more information.

