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116 Damon Cir Unit M, Panama City Beach, FL, 32407

1beds
1baths
651sqft
$239,000
$367price/sqft
$1,796/moest. monthly cost
$71,840/yrincome needed

About This Home

Beautiful 1 Bedroom, 1 full Bath condo unit is tastefully furnished with built in Twin Day Bed, Leather Sleeper Sofa, 2 Flat Screen TV's, and more. New hardwired Smoke Detectors to comply with updated Florida code, Exterior painted 2021 and Roof 2019. This condo offers an outside covered deck and patio sitting areas for your enjoyment. Move-in ready or start earning income! Located in one of the most popular communities in PCB. Gulf Highlands offers 11 swimming pool (5 heated), tennis courts, pickleball courts, mini golf course, golf cart rentals, community beachfront restaurant, pool and private beach access. Walk to shopping, tourist sites and restaurants, you never have to get back in the car unless you want too!

Getting Around

55
WalkingSomewhat Walkable
0
TransitVery Limited Transit
50
BikeBikeable

Schools

7/10
Surfside Middle SchoolGrades 6-82.8 mi
4/10
J.R. Arnold High SchoolGrades 9-121.5 mi

Construction

Condition

  • Year built: 1989

Materials

  • Construction materials: Stucco

Type & Style

  • Home type: SingleFamily
  • Architectural style: Contemporary
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Electric Oven

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Dining Room

  • Dimensions: 12 x 10

Family Room

  • Dimensions: 15 x 11

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 651
  • Total interior livable area: 651 sqft

Kitchen

  • Dimensions: 10 x 8

Property

Details

  • Parcel number: 34796163000
  • Attached to another structure: Yes

Features

  • Pool features: Community
  • Patio & porch: Balcony

Lot

  • Lot size dimensions: 0 x 0

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneVery High
  • Coastal Flooding
    Coastal FloodingModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Coastal Flooding
Lightning
Tornado
Tsunami

FEMA Declared Disasters in Bay County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,208$14,496
Home Insurance *$86$1,032
Property Taxes $305$3,660
Electricity $197$2,366
Total$1,796$21,552
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$61,577/yr
40% on housing$53,880/yr
45% on housing$47,893/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 13.3%
13.3%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 6.0%
6.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$367This listing

vs Other Active Listings

Avg $/sqft

ZIP 32407$274
Bay County$242

vs Homes Sold Last Month

Median $/sqft

ZIP 32407$231
Bay County$205

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-03-30Price change$239,000
2026-02-27Listed for sale$249,000
2024-05-16Sold$230,000
2024-04-17Pending sale$242,900
2024-04-09Price change$242,900
2024-03-11Price change$245,000
2023-11-09Price change$257,900
2023-10-14Listed for sale$259,900
2019-03-29Sold$110,000
2019-03-16Listed for sale$119,900
2018-07-25Sold$92,000
2011-08-10Sold$49,000

For Sale by Agent

AgentRay A Kistler
BrokerageAnchor Realty Florida

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