Price Reduction
Address
131 Grande Island Blvd, Panama City Beach, FL
Price
$ 399,000
Property Attributes
  • MLS#687148
  • TypeSingle Family
  • Listing Status Active
  • CountyOther Counties
  • CityPanama City Beach
  • AreaOther Counties
  • NeighborhoodGulf Highlands
  • Zip32407
  • StyleTraditional
  • Year Built1989
  • Price$ 399,000
  • Bedrooms2
  • Full Bathrooms2
  • Half Bathrooms1
  • Sqr Footage1436
Data Source:
Pensacola Association of REALTORS® (PARMLS)
Property Description

5-minute walk to the beach! Welcome to Gulf Highlands Beach Resort, where this 2-story, 2-bedroom, 2.5-bath townhome is being SOLD FULLY FURNISHED and is ready for immediate enjoyment or to become your next investment property! With rental projections of approximately $38,000 annually, plus a 2022 roof and 2022 HVAC, this property is ready to go. Inside, you'll find a bright, neutral interior with an open layout. The kitchen features tile flooring, stainless steel appliances, abundant cabinetry, and a large breakfast bar with ample seating, while the adjacent dining area accommodates more seating. The spacious living room opens through sliding glass doors and is one of the few units with a covered patio overlooking one of the community pools. There’s also a shared green space, creating a relaxing outdoor setting. Additional conveniences include two owner's closets for secure storage and two assigned parking spaces. Both bedrooms and the laundry room are located upstairs. The spacious primary suite features a vaulted ceiling, private balcony with pool views, and an ensuite bathroom with a tub/shower combination. The second bedroom also includes its own ensuite bathroom with a walk-in shower, offering privacy for guests. Gulf Highlands Beach Resort is packed with amenities, including private beach access, 11 swimming pools with one being Gulf front, newly added pickleball courts, basketball courts, shuffleboard courts, mini golf, and a fitness center. Centrally located in Panama City Beach, you're just minutes from shopping, dining, and local attractions. Whether you're looking for a beach getaway, full-time residence, or short-term rental investment, this townhome offers an excellent location, strong income potential, and outstanding resort-style amenities!

Elementary School Middle School High School
Local School In County Elementary School LOCAL SCHOOL IN COUNTY Middle School Local School In County High School
Price History
8/7/2026 Listed $415,000
8/28/2026 4$399,000

General Features

Living Area 1436
Sewer Public Sewer
Heating Central
Cooling Central Air,Ceiling Fan(s)
Roof See Remarks
Appliances Electric Water Heater,Dryer,Washer,Wine Cooler,Built In Microwave,Dishwasher,Microwave,Refrigerator,Self Cleaning Oven
HOA Fee 4487.12
Association Fee Includes Management,Trash
Patio/Porch Features Covered,Patio
Architectural Style Traditional
Pool Features None
Construction Materials Frame
Pets Allowed Yes
Year Built 1989
Electric Circuit Breakers
Stories Count 2
Levels Two
Property Subtype Residential Attached
Community Features Beach,Pool,Community Room,Fitness Center,Gated,Tennis Court(s),Waterfront Deed Access
Assoc Fee Paid Per Annually
County Other Counties
New Construction false
Property Type Residential Attached
HOA true
Subdivision Name Gulf Highlands
Garage Y/N false
Full Baths 2
Status Active
Directions In Gulf Highlands Beach Resort off Hutchinson Blvd in Panama City Beach
High School Local School In County
City Panama City Beach
Zoning Description Res Multi
Lot Size Units Acres
Carport Y/N false
Elementary School Local School In County
Property Attached Y/N true
Co-Listing Agent Last Name NANCY
Co-Listing Agent Last Name Branning
Showing Instructions Appoint Only,See Agent Notes
Middle/Junior High School LOCAL SCHOOL IN COUNTY
Property Condition Resale
Lease Considered Y/N false
Virtual Tour https://www.zillow.com/view-imx/b4ce12b0-0058-413d-bd42-34f3c202b32a?wl=true&setAttribution=mls&initialViewType=pano
Listing Agent Name Travis Talley
Co-Listing Agent Nancy Branning
Building Area Units Square Feet
Primary Bedroom Level Second
Living Area Units Square Feet
Standard Status Active

Interior Features

Interior Amenities Storage,Baseboards,Ceiling Fan(s),Crown Molding
Flooring Tile,Carpet
Kitchen Level First
Air Conditioning Y/N true
Heating Y/N true
Window Features Drapes,Drapery Rods,Skylight(s)
Half Baths 1
Laundry Features Inside,W/D Hookups,Laundry Room
Total Bedrooms 2
Living Room Level First
Kitchen Features Not Updated,Laminate Counters,Solid Surface Countertops
Total Baths 3
Dining Room Features Breakfast Bar,Kitchen/Dining Combo,Living/Dining Combo
Kitchen Area 164.680555555
Kitchen Length 13.916666666
Kitchen Width 11.833333333
Dining Room Area 17.25
Dining Room Width 10.666666666
Living Room Area 242.9375
Living Room Length 17.25
Living Room Width 14.083333333
Primary Bedroom Area 227.125
Primary Bedroom Length 17.25
Primary Bedroom Width 13.166666666
Dining Room Level First
Dining Room Area 184
Bathroom 1 Level Second

Exterior Features

Exterior Amenities Balcony
Lot Features Interior Lot
Water Source Public
Total Parking 2
Foundation Details Slab
Building Area Total 1436
Road Surface Type Paved
Road Responsibility County Maintained Road
Horse Y/N false

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 32407

Price
AVG $670K
$400K
Year Built
AVG 2013
1989

Areas We Cover