169 Gulf Highlands Boulevard Unit 169, Panama City Beach, FL 32407

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Sold Price
$335,000
List Price
$359,000
Closing Date
Apr 06, 2026
MLS#
773965
Status
CLOSED
Type
Single Family Residential
Subtype
Attached
Bedrooms
3
Bathrooms
3
Neighborhood
Beach - Middle Central

Property Description

Turn-Key Beachside Rental | Proven Income | Booking Into 2026 Walk straight into income with this fully operational, turn-key beach rental booking into the 2026 season. Actual 2025 rentals are ready for viewing. The property generated $74,059.14 full year 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.

Additional Information

Appliances
Gas Cooktop, Gas Oven, Gas Water Heater, Ice Maker, Tankless Water Heater
Elementary School
Hutchison Beach
High School
Arnold
Lot Dimensions
18x82
Lot Features
Paved
Middle School
Surfside
Neighborhood
Beach - Middle Central
Project Facilities
Barbecue, Beach, Clubhouse, Fitness Center, Fishing, Golf, Playground, Park, Pool, Tennis Court(s), Waterfront, Community Pool, Gated, Short Term Rental Allowed
Stories
2
Subdivision
Gulf Highlands Beach Resort
Utilities
Cable Connected, Electricity Available
Year Built
1985
Zoning
Resid Multi-Family

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Coldwell Banker Realty. Selling Office: Emerald Coast Realty Inc.