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223 Grande Island Blvd, Panama City Beach, FL, 32407

2beds
3baths
1,500sqft
$374,900
$250price/sqft
$2,735/moest. monthly cost
$109,400/yrincome needed

About This Home

Welcome to the highly sought-after island section of Gulf Highlands Beach Resort! This unit at 223 Grand Island Blvd is ideally positioned as one of the closest properties to the pedestrian beach access, making your trips to the sugar-white sands quick and convenient. The beach access is located just across Front Beach Road, and while it is a main roadway, the proximity from this unit makes getting there incredibly easy. Owners also have the added perk of being able to take and park a golf cart even closer to the access point, making beach days that much more effortless. Located within the resort's unique island enclave, this section stands out with its coastal-style siding and signature clay tile roofs, offering a charming and distinct feel. Inside, the unit features LVP flooring throughout, a convenient half bath on the main level (perfect after beach or pool days), and sliding glass doors that open to your private patio just a short walk from one of the community pools and clubhouse. Upstairs, you'll find two spacious bedrooms, each with its own en-suite bathroom, ideal for guests or maximizing rental potential. While the interior offers an opportunity for updates, the location and layout make this an incredible value. Centrally located in the heart of Panama City Beach, you're just moments from Pier Park, Shipwreck Island Waterpark, and M.B. Miller County Pier, with endless options for dining, shopping, and entertainment along the Front Beach corridor. Whether it's a quick beach day, grabbing dinner, or enjoying local attractions, everything you need is right at your fingertips. Gulf Highlands Beach Resort offers a gated, amenity-rich lifestyle with multiple pools, tennis courts, and one of the most convenient beach access points in the area. Whether you're searching for a second home, investment property, or your own slice of PCB, this one checks all the boxes when it comes to location and potential.

Getting Around

54
WalkingSomewhat Walkable
0
TransitVery Limited Transit
47
BikeSomewhat Bikeable

Schools

7/10
Surfside Middle SchoolGrades 6-82.9 mi
4/10
J.R. Arnold High SchoolGrades 9-121.8 mi

Construction

Condition

  • Year built: 1995

Type & Style

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

Interior

Bedroom

  • Level: Second
  • Dimensions: 14 x 11

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Interior Area

  • Total structure area: 1,500
  • Total interior livable area: 1,500 sqft

Kitchen

  • Level: First
  • Dimensions: 10 x 9

Living Room

  • Level: First
  • Dimensions: 19 x 17

Master Bathroom

  • Level: Second
  • Dimensions: 8 x 5

Property

Details

  • Parcel number: 34797878000
  • Attached to another structure: Yes

Features

  • Levels: Two
  • Stories: 2
  • Pool features: Community

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 $1,895$22,740
Home Insurance *$135$1,620
Property Taxes $508$6,096
Electricity $197$2,366
Total$2,735$32,820
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$93,771/yr
40% on housing$82,050/yr
45% on housing$72,933/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

$250This listing

vs Other Active Listings

Avg $/sqft

ZIP 32407$273
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
2026-05-01Listed for sale$425,000

For Sale by Agent

AgentElite Group of Keller Williams
BrokerageKeller Williams Success Realty

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