169 Gulf Highlands BLVD #169 Panama City Beach, FL 32407
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Key Details
Property Type Townhouse
Sub Type Attached
Listing Status Active
Purchase Type For Sale
Square Footage 1,332 sqft
Price per Sqft $258
Subdivision Gulf Highlands Beach Resort
MLS Listing ID 773965
Bedrooms 3
Full Baths 2
Half Baths 1
HOA Y/N Yes
Year Built 1985
Annual Tax Amount $3,566
Tax Year 2024
Property Sub-Type Attached
Property Description
Walk straight into income with this fully operational, turn-key beach rental already booking into the 2026 season.
The property generated $71,481.65 in rental 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. Downstairs offers a versatile room off the kitchen being used as a bedroom with a large closet, an indoor laundry room, and a half bath conveniently located near the living area. There is also potential to easily add a shower and sink to the downstairs bonus room, increasing both value and rental income.
A major bonus for guests and owners alike includes two deeded parking spaces directly at the unit, with additional overflow parking nearby. The sellers have added extra storage inside and out, including a pull-down storage area on the back patio—perfect for organizing beach gear, bikes, and owner supplies.
Located within Gulf Highlands Beach Resort, one of the most amenity-rich communities in the area, owners and guests enjoy 11 swimming pools (five heated), pickleball and tennis courts, an 18-hole mini golf course, playgrounds, a fitness room, and a private beach house featuring a café, pool, rinse-off showers, restrooms, and an upper deck with stunning Gulf sunset views. Golf carts are allowed and can be parked directly across from the beach house, offering effortless beach access.
With low HOA fees of $1,122.14 per quarter, short-term and long-term rentals allowed, pets permitted, and golf carts approved, this property delivers the perfect balance of lifestyle and investment freedom.
This is a rare opportunity to own a proven income-producing beach property in a high-demand resort community—already earning, already booking, and ready for its next owner.
Location
State FL
County Bay
Community Barbecue, Beach, Clubhouse, Fitness Center, Fishing, Golf, Playground, Park, Pool, Tennis Court(S), Waterfront, Community Pool, Gated, Short Term Rental Allowed
Area 03 - Bay County - Beach
Interior
Heating Central, Electric, Natural Gas
Cooling Central Air, Ceiling Fan(s)
Flooring Luxury Vinyl Plank
Fireplace No
Appliance Gas Cooktop, Gas Oven, Gas Water Heater, Ice Maker, Tankless Water Heater
Exterior
Parking Features Additional Parking, Paved, Parking Lot, Gated
Pool Fenced, Gunite, Gas Heat, In Ground, Community
Community Features Barbecue, Beach, Clubhouse, Fitness Center, Fishing, Golf, Playground, Park, Pool, Tennis Court(s), Waterfront, Community Pool, Gated, Short Term Rental Allowed
Utilities Available Cable Connected, Electricity Available
Amenities Available Beach Rights, Gated, Gazebo, Picnic Area, Spa/Hot Tub
Accessibility Accessible Bedroom, Accessible Common Area, Accessible Kitchen, Accessible Central Living Area, Accessible Doors
Porch Covered, Open, Porch
Private Pool No
Building
Lot Description Paved
Dwelling Type Townhouse
Story 2
Entry Level Two
Sewer Public Sewer
Level or Stories Two
Additional Building Tennis Court(s)
New Construction No
Schools
Elementary Schools Hutchison Beach
Middle Schools Surfside
High Schools Arnold
Others
Tax ID 34797-135-000
Security Features Building Security,Carbon Monoxide Detector(s),Firewall(s),Gated with Guard,Gated Community,24 Hour Security,Security Fence,Security Guard,Fire Alarm,Security Gate,Smoke Detector(s),Security Service
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