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 caf, 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.
Property Features
Other Rooms
- Total Rooms: 11
- BonusRoom Dimensions: 12' x 10'
- BonusRoom Level: First
- Laundry Dimensions: 6' x 5'
- Laundry Level: First
- Laundry Description: Full size appliances
- Living Room Dimensions: 13' x 12'
- Living Room Level: First
- Living Room Description: Open concept
Appliances
- GasCooktop
- GasOven
- GasWaterHeater
- IceMaker
- TanklessWaterHeater
Bedrooms
- Bedrooms: 3
- Primary Bedroom Dimensions: 13' x 12'
- Bedroom 1 Dimensions: 13' x 10'
- Bedroom 2 Dimensions: 13' x 10'
- Primary Bedroom Level: Second
- Bedroom 1 Level: Second
- Bedroom 2 Level: Second
- Primary Bedroom Description: en-suite
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- 1/2 Bathrooms: 1
- Primary Bathroom Dimensions: 8' x 5'
- Bathroom 1 Dimensions: 6' x 3'
- Bathroom 2 Dimensions: 8' x 5'
- Primary Bathroom Level: Second
Heating and Cooling
- Cooling Features: CentralAir, CeilingFans
- Heating Features: Central, Electric, NaturalGas
- Heating: Yes
- Ceiling Fans: Yes
Kitchen and Dining
- Dining Room Description: Seats 6
- Dining Room Dimensions: 10' x 9'
- Dining Room Level: First
- Kitchen Description: Gas cooking, YES!
- Kitchen Dimensions: 10' x 8'
- Kitchen Level: First
Interior Features
- Flooring: LuxuryVinylPlank
Pool and Spa
- Pool Features: Fenced, Gunite, GasHeat, InGround, Community
- Spa Features: Community
Land Info
- Land Lease: No
- Lot Description: Paved
- Lot Size Dimensions: 18x82
Manufactured and Mobile Info
Exterior and Lot Features
- Other Structures: TennisCourts
- Patio And Porch Features: Covered, Open, Porch
- Road Frontage Type: CityStreet
- Road Responsibility: PublicMaintainedRoad
- Porch: Yes
Garage and Parking
- Parking Features: AdditionalParking, Paved, ParkingLot, Gated
Homeowners Association
- Association: Yes
- Association Amenities: BeachRights, Gated, Gazebo, PicnicArea, SpaHotTub
School Information
- Elementary School: Hutchison Beach
- High School: Arnold
- Middle School: Surfside
Rental Info
- Units Furnished: AllUnits
Amenities and Community Features
- Community Features: Barbecue, Beach, Clubhouse, FitnessCenter, Fishing, Golf, Playground, Park, Pool, TennisCourts, Waterfront, CommunityPool, Gated, ShortTermRentalAllowed
Other Property Info
- Annual Tax Amount: 3566
- Source Listing Status: Active
- County: Bay
- Directions: .09 miles west of Walmart on Hutchinson Blvd. Turn left into gulf highlands beach resort. Go through the guard gate, go right then an immediate left onto Gulf Highlands Blvd. You will see a blue golf cart in front of the unit. It's on the left side.
- Tax Year: 2024
- Restrictions: ShortTermRentalsAllowed
- Source Property Type: Residential
- Area: 03 - Bay County - Beach
- List Development Name: Gulf Highlands Beach Resort/Condos
- Property Subtype: townhouse
- MLS Area Minor: 0320 - Beach - Middle Central
- Source Neighborhood: Gulf Highlands Beach Resort
- Parcel Number: 34797-135-000
- Postal City: Panama City Beach
- State Region: FL
- Subdivision: Gulf Highlands Beach Resort
- Zoning Description: Resid Multi-Family
- Property Subtype: Attached
Building and Construction
- Year Built: 1985
- Building Area Total: 1332
- Construction Materials: Brick
- Levels: Two
- Living Area Source: Appraiser
- Property Age: 41
- Levels or Stories: 2
- Building Total Stories: 2
- Structure Type: Townhouse
Accessibility Features
- Accessibility Features: AccessibleBedroom, AccessibleCommonArea, AccessibleKitchen, AccessibleCentralLivingArea, AccessibleDoors
Utilities
- Sewer: PublicSewer
- CableConnected
- ElectricityAvailable
Home Features
- Security Features: BuildingSecurity, CarbonMonoxideDetectors, Firewalls, GatedWithGuard, GatedCommunity, TwentyFourHourSecurity, SecurityFence, SecurityGuard, FireAlarm, SecurityGate, SmokeDetectors, SecurityService