Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
0 Beds
1 Bath
434 sqft

$175,000

134 Damon Circle B, Panama City Beach FL, 32407

Price per sqft$403.23
Built in1989
Property size434 sqft
Property typeCondominium

Overview

Active

Listed Aug 4, 2026

Updated Aug 5

Looking for a condo in Panama City Beach that actually makes sense? Updated, ground-floor studio, strong cash flow, and just steps from the sand. This beautifully updated, fully furnished studio checks all the boxes. Located in a gated resort-style community, you'll enjoy parking right next to the unit, a short 6-minute walk to the beach, and strong short-term rental potential with a projected GRI of $27,000-$30,000. Inside, you'll find quality upgrades throughout, including solid wood cabinets, new countertops, a tiled walk-in shower, LVP flooring, stainless steel appliances, accent shiplap, new furniture, accessories, and more. Plus, this condo is located right next to one of the community pools and tennis courts, putting convenience at your doorstep. The major expenses have already been taken care of with a 2018 roof, hurricane-rated windows and doors, 2021 HVAC, and 2023 water heater, giving you peace of mind for years to come. The unit is truly turnkey with the possibility of future bookings transferring, making it ready to enjoy or start generating income right away. The COA is below average for Panama City Beach while offering exceptional value. It includes building insurance, water and sewer, exterior maintenance and painting, lawn care, trash, pest control, termite bond, gated security, and access to incredible resort-style amenities, including 11 pools (5 heated), a private Gulf-front pool and restaurant, tennis and pickleball courts, mini golf, shuffleboard, fitness center, playground, and beautifully maintained grounds. Whether you're looking for an affordable beach getaway or one of the best ROI opportunities in Panama City Beach, this one is definitely worth a look. Schedule your showing today!

$1,164/mo

Est. mortgage payment based on a $175,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
1009136

Interior Features

Bedrooms
0
Bathrooms
1
Cooling
Yes
Heating
Yes
Basement
No

Other Property Details

Taxes
$1,682
Tax Frequency
Annually
MLS provider logo

Courtesy of Dalton Wade Inc, 
Listing Contact: 850-960-3857 

IDX information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Coastal Abode shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2026 Emerald Coast Association of REALTORS. All rights reserved.

Data last updated 3:44 AM UTC, 8/5/2026

Powered by Luxury Presence