228 Bonita Circle, Panama City Beach, FL 32408

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$285,000
List Price
$285,000
Closing Date
Jul 20, 2026
MLS#
792579
Status
CLOSED
Type
Single Family Residential
Subtype
Attached
Bedrooms
2
Bathrooms
2
Neighborhood
Beach - South of Grand Lagoon

Property Description

Tucked into the heart of the East end of Panama City Beach, this charming townhome just steps from the beach offers an easy entry point into one of Florida's most in-demand coastal markets. With just over 1,000 square feet, the 2-bedroom, 2-bath layout delivers comfortable, low-maintenance living well suited to long-term renters, second-home buyers, or investors looking to capitalize on strong short-term rental demand. The incoming producing and turn-key vacation rental has a location that offers the best of both worlds. A quiet, tucked-away neighborhood setting that still keeps you minutes from the beach, the lagoon, and local shops and restaurants. Mornings start with easy access to coffee and sand, afternoons are made for cruising to nearby favorites, and evenings bring you back to a peaceful community away from the crowds. Community amenities add to the appeal, including a community pool, a community room, and boat slips available on a first-come, first-served basis. Inside, the home features a functional floor plan, a private garage, and a cozy, manageable footprint that makes it easy to maintain whether you're living here full-time or renting it out. This is an affordable opportunity to own in Panama City Beach with genuine rental upside. This unit has been rented for 4 straight years and offers over $30,000 in gross rental income. Great deal as a steady long-term rental, a personal beach escape, or an income-producing property when not in use. Location, lifestyle, and value come together in this well-positioned coastal retreat.

Additional Information

Appliances
Electric Range, Electric Water Heater
Elementary School
Breakfast Point
High School
Arnold
Interior Features
Tub Shower, Upper Level Primary
Lot Dimensions
17x38
Lot Features
Paved
Middle School
Breakfast Point
Neighborhood
Beach - South of Grand Lagoon
Project Facilities
Clubhouse, Dock, Fishing, Pool, Waterfront, Community Pool, Gated, Short Term Rental Allowed
Stories
3
Subdivision
Bonita Point
Utilities
Electricity Available, Underground Utilities
Waterview
Lake
Year Built
2001
Zoning
Resid Multi-Family

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Corcoran Reverie. Selling Office: Corcoran Reverie.