Gulf Highlands Beach Resort
Homes for Sale in Panama City Beach, FL
All 791 homes for sale in Panama City Beach, FL · median $369,900 · 411 homes for sale in 32407 · Bay County homes for sale
True comps, carrying-cost math, and listings before the portals.
Market Heat
Photo via CPAR MLS
As of September 2026, Gulf Highlands Beach Resort in Panama City Beach, FL has 50 homes for sale and 4 pending, asking from $170,000 to $445,000 (median $304,950). Over the 12 months ending 2026-09-20, 72 recorded sales closed at a median of $295,000, a median 50 days on market, sellers accepting 95% of original asking (-0% versus the prior year). Homes listed or recently sold were built 1985–1997; 54 of 54 report an HOA (median $374/mo); 18 of the 45 geocoded homes sit in a FEMA special flood hazard zone (median elevation 13 ft). At the median price and Bay County's FY2025-26 rate of 12.28 mills, annual property tax runs about $3,620 ($3,140 with the full homestead exemption).
| Location | Panama City Beach, Bay County, FL · ZIP 32407, 32408 |
|---|---|
| Homes in the community | 660 (FL DOR 2025 assessment roll) |
| Years built | 1968–1997 (median 1987) |
| Typical living area | 1,123 sq ft (median) |
| Home types (current listings and sales) | attached 85%, condos 15% |
| Sale prices, last 12 months | $295,000 median across 72 closed sales · -0.4% vs the prior 12 months |
| Days on market (closed sales) | 50 median |
| For sale right now | 48 active, 4 pending · median asking $304,950 |
| Owner-occupied (homestead) share | 10% |
Data as of September 20, 2026. Listing information provided by the Central Panhandle Association of REALTORS®. Information is deemed reliable but not guaranteed by the MLS to be accurate; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Gulf Highlands Beach Resort key facts,” movewithmomentum.com/neighborhoods/gulf-highlands-beach-resort, data as of September 20, 2026.
Last 30 days in Gulf Highlands Beach Resort: 19 new listings (median asking $330,000), 4 under contract right now. As of September 26, 2026, Listing information provided by the Central Panhandle Association of REALTORS®. Information is deemed reliable but not guaranteed by the MLS to be accurate.
Homes For Sale Right Now in Gulf Highlands Beach Resort
Live MLS inventory for Gulf Highlands Beach Resort. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.
Active and pending Gulf Highlands Beach Resort listings as of 2026-09-26, priced high to low. Listing information provided by the Central Panhandle Association of REALTORS®. Information is deemed reliable but not guaranteed by the MLS to be accurate. Tap any home to ask about it.
Every Home for Sale in Gulf Highlands Beach Resort Right Now (54)
All 54 active and pending Gulf Highlands Beach Resort listings with a detail page, newest first, refreshed twice a day from the MLS.
- 116 Damon Circle S, Panama City Beach, Fl 32407 · $170,000 · 1 ba · listed Sep 24, 2026 · listed by Emerald Coast Realty Inc
- 171 Grande Island Boulevard, Panama City Beach, Fl 32407 · $389,900 · 2 bd / 3 ba · listed Sep 20, 2026 · listed by Emerald Coast Realty Inc
- 165 Grande Island Boulevard, Panama City, Fl 32407 · $419,000 · 2 bd / 3 ba · listed Sep 11, 2026 · listed by The Ketchersid Group, LLC
- 181 Damon Circle, Panama City, Fl 32407 · $339,000 · 3 bd / 3 ba · listed Sep 11, 2026 · listed by Pineapple Properties
- 144 Robin Lane, Panama City Beach, Fl 32407 · $330,000 · 2 bd / 2 ba · listed Sep 11, 2026 · listed by Scenic Sotheby's International Realty
- 212 Saint Katherine Boulevard, Panama City Beach, Fl 32407 · $299,000 · 2 bd / 3 ba · listed Sep 11, 2026 · listed by Beycome of Florida LLC
- 122 W Leslie Lane, Panama City Beach, Fl 32407 · $289,000 · 2 bd / 2 ba · listed Sep 11, 2026 · listed by Corcoran Reverie
- 134 Damon Circle B, Panama City Beach, Fl 32407 · $175,000 · 1 ba · listed Sep 11, 2026 · listed by Dalton Wade Inc
- 164 Linda Marie Lane, Panama City Beach, Fl 32407 · $340,000 · 2 bd / 3 ba · listed Sep 8, 2026 · listed by LPT Realty LLC
- 130 Linda Marie Lane, Panama City Beach, Fl 32407 · $270,000 · 2 bd / 3 ba · listed Sep 8, 2026 · listed by Emerald Coast Realty Inc
- 157 Grande Island Boulevard, Panama City Beach, Fl 32407 · $399,900 · 2 bd / 3 ba · listed Sep 7, 2026 · listed by CitiStar Realty
- 134 Damon Circle H, Panama City Beach, Fl 32407 · $199,000 · 1 bd / 1 ba · listed Sep 7, 2026 · listed by Dalton Wade Inc
- 116 Grande Island Boulevard, Panama City Beach, Fl 32407 · $425,000 · 2 bd / 3 ba · listed Sep 4, 2026 · listed by CitiStar Realty
- 116 Damon Circle M, Panama City Beach, Fl 32407 · $229,000 · 1 bd / 1 ba · listed Sep 3, 2026 · listed by Dalton Wade Inc
- 247 Saint Katherine Boulevard, Panama City Beach, Fl 32407 · $349,000 · 2 bd / 3 ba · listed Aug 30, 2026 · listed by Think Real Estate
- 186 Robin Lane, Panama City Beach, Fl 32407 · $299,000 · 2 bd / 3 ba · listed Aug 30, 2026 · listed by Ledford Realty Group, LLC
- 146 Robin Lane, Panama City Beach, Fl 32407 · $369,500 · 3 bd / 3 ba · listed Aug 26, 2026 · listed by Anchor Realty Florida
- 131 Damon Circle, Panama City Beach, Fl 32407 · $287,000 · 2 bd / 2 ba · listed Aug 26, 2026 · listed by Beachy Beach Real Estate
- 131 Grande Island Boulevard, Panama City Beach, Fl 32407 · $399,000 · 2 bd / 3 ba · listed Aug 20, 2026 · listed by Keller Williams Realty Gulf Coast
- 181 Robin Lane, Panama City, Fl 32407 · $317,000 · 2 bd / 3 ba · listed Aug 20, 2026 · listed by Emerald Coast Realty Inc
- 130 Bonnie Lane, Panama City Beach, Fl 32407 · $295,000 · 3 bd / 2 ba · listed Aug 15, 2026 · listed by Lifes A Beach Real Estate, LLC
- 143 Grande Island Boulevard, Panama City Beach, Fl 32407 · $333,000 · 2 bd / 3 ba · listed Aug 12, 2026 · listed by Legacy Premier Agency
- 112 Grande Island Boulevard, Panama City Beach, Fl 32407 · $347,000 · 2 bd / 3 ba · pending · listed Aug 12, 2026 · listed by Dalton Wade Inc
- 232 White Sandy Drive, Panama City Beach, Fl 32407 · $285,000 · 2 bd / 3 ba · pending · listed Aug 10, 2026 · listed by Beachy Beach Real Estate
- 185 Kimberly Drive, Panama City Beach, Fl 32407 · $339,900 · 2 bd / 2 ba · listed Aug 8, 2026 · listed by Think Real Estate
- 122 Robin Lane, Panama City Beach, Fl 32407 · $349,000 · 3 bd / 4 ba · pending · listed Jul 21, 2026 · listed by Dalton Wade Inc
- 125 Damon Circle, Panama City Beach, Fl 32407 · $275,000 · 4 bd / 2 ba · listed Jul 14, 2026 · listed by Dalton Wade Inc
- 210 Grand Island Boulevard, Panama City Beach, Fl 32407 · $375,000 · 2 bd / 3 ba · listed Jul 9, 2026 · listed by Emerald Coast Realty Inc
- 135 Grand Island Boulevard, Panama City Beach, Fl 32407 · $445,000 · 3 bd / 4 ba · listed Jun 27, 2026 · listed by Fun Quest Vacation Rentals Corp
- 226 Grande Island Boulevard, Panama City Beach, Fl 32407 · $418,500 · 2 bd / 3 ba · listed Jun 27, 2026 · listed by Beachy Beach Real Estate
- 128 White Sandy Drive, Panama City Beach, Fl 32407 · $350,000 · 2 bd / 3 ba · listed Jun 27, 2026 · listed by EXP Realty LLC
- 104 Gulf Highlands Boulevard, Panama City Beach, Fl 32407 · $349,900 · 2 bd / 3 ba · listed Jun 27, 2026 · listed by Emerald Coast Realty Inc
- 223 Grande Island Boulevard, Panama City Beach, Fl 32407 · $349,900 · 2 bd / 3 ba · listed Jun 27, 2026 · listed by Keller Williams Success Realty
- 103 W Leslie Lane, Panama City Beach, Fl 32407 · $334,000 · 2 bd / 2 ba · listed Jun 27, 2026 · listed by LPT Realty LLC
- 124 W Leslie Lane, Panama City Beach, Fl 32407 · $330,000 · 3 bd / 3 ba · listed Jun 27, 2026 · listed by Keller Williams Success Realty
- 235 Saint Katherine Boulevard, Panama City Beach, Fl 32407 · $320,000 · 2 bd / 3 ba · listed Jun 27, 2026 · listed by LPT Realty LLC
- 172 White Sandy Drive, Panama City Beach, Fl 32407 · $319,000 · 2 bd / 3 ba · listed Jun 27, 2026 · listed by Emerald Coast Realty Inc
- 201 Robin Lane, Panama City Beach, Fl 32407 · $317,000 · 2 bd / 3 ba · listed Jun 27, 2026 · listed by Watersound Real Estate
- 143 W Leslie Lane, Panama City Beach, Fl 32407 · $310,000 · 2 bd / 2 ba · listed Jun 27, 2026 · listed by eXp Realty, LLC
- 116 Linda Marie Lane, Panama City Beach, Fl 32407 · $299,900 · 2 bd / 3 ba · listed Jun 27, 2026 · listed by Emerald Coast Realty Inc
- 150 Abbie Lane, Panama City Beach, Fl 32407 · $299,900 · 2 bd / 2 ba · listed Jun 27, 2026 · listed by Coldwell Banker Realty
- 167 Kimberly Drive, Panama City Beach, Fl 32407 · $299,000 · 2 bd / 3 ba · listed Jun 27, 2026 · listed by Emerald Coast Realty Inc
- 160 Linda Marie Lane, Panama City Beach, Fl 32407 · $299,000 · 2 bd / 3 ba · listed Jun 27, 2026 · listed by Realty One Group Emerald Coast
- 116 Abbie Lane, Panama City Beach, Fl 32407 · $297,500 · 2 bd / 2 ba · listed Jun 27, 2026 · listed by Blue Bird Woliver Realty
- 170 W Leslie Lane, Panama City Beach, Fl 32407 · $285,000 · 2 bd / 2 ba · listed Jun 27, 2026 · listed by CENTURY 21 Ryan Realty Inc
- 144 Gulf Highlands Boulevard, Panama City Beach, Fl 32407 · $265,500 · 2 bd / 2 ba · listed Jun 27, 2026 · listed by Counts Real Estate Group Inc
- 206 Robin Lane, Panama City Beach, Fl 32407 · $255,000 · 2 bd / 2 ba · listed Jun 27, 2026 · listed by Emerald Coast Realty Inc
- 145 Robin Lane, Panama City Beach, Fl 32407 · $255,000 · 2 bd / 2 ba · listed Jun 27, 2026 · listed by Keller Williams Success Realty
- 117 Cindy Lane, Panama City Beach, Fl 32407 · $244,900 · 2 bd / 2 ba · listed Jun 27, 2026 · listed by Beachy Beach Real Estate
- 116 Damon Circle C, Panama City Beach, Fl 32407 · $239,000 · 1 bd / 1 ba · listed Jun 27, 2026 · listed by Emerald Coast Realty Inc
- 134 Damon Circle Unit D, Panama City Beach, Fl 32407 · $198,900 · 1 bd / 1 ba · listed Jun 27, 2026 · listed by EXP Realty LLC
- 116 Damon Circle O, Panama City Beach, Fl 32407 · $175,000 · 1 bd / 1 ba · listed Jun 27, 2026 · listed by Emerald Coast Realty Inc
- 116 Damon Circle B, Panama City Beach, Fl 32407 · $170,000 · 1 ba · listed Jun 27, 2026 · listed by Coastal Palms Real Estate
- 176 White Sandy Drive, Panama City Beach, Fl 32407 · $275,000 · 2 bd / 3 ba · pending · listed Jun 27, 2026 · listed by Paradise Properties of NW Florida

Gulf Highlands prices off condition and unit size more than location within the resort — at a median of just under 1,130 square feet and a median build year of 1987.5, this is an older, smaller-footprint inventory where finish level and updates to mechanicals and interiors move a listing faster than its floor plan. The 10.9% homestead share tells you most of what you need to know about who is buying: this is overwhelmingly a second-home and investment market, not a primary-residence one, and pricing behaves accordingly — tied to rental performance and carrying costs more than local wage growth.
A market heat score of 30 and a median 48.5 days on market point to a buyer's pace right now, not a seller's. Prices are essentially flat year over year (-1.3%), which after the run-up since 2012 (+172%) reads less like a correction and more like a pause — a market catching its breath rather than reversing. For sellers, that means realistic pricing and patience matter more than urgency; for buyers, there is room to negotiate on condition and terms without racing another offer.
Gulf Highlands Beach Resort right now
🟡 Off the recent peak. The trailing-12-month median ($295K) is down 0.4% from the prior 12 months ($296K) and up 154% since 2012.Momentum Research, record-level CPAR MLS closed sales, 12-month windows ending September 20. Confidence: Very High (72 and 46 sales in the two windows).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated September 27, 2026 · Live data: CPAR MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Gulf Highlands Beach Resort market snapshot (as of September 20, 2026): the median sale price is about $295K, and a median 51 days on market for closed sales. The trailing-12-month median is down 0% from the prior 12 months and up 154% since 2012, computed from record-level CPAR MLS closed sales (72 closings in the current window).
In ZIP 32407 (Panama City Beach), 1,458 homes closed in the last 12 months at a median of $398K ($183/sq ft), down 1.6% year over year, with a median 80 days on market. Right now 1,101 active and 151 pending listings put supply at about 6.7 months — a buyer's market. See the live ZIP 32407 housing market and the Bay County market.
County records show 61 qualified sales in Gulf Highlands Beach Resort across 2024–2025 (40 in 2024, 21 in 2025), median $300,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
Flood zones in Gulf Highlands Beach Resort: of 43 listing addresses checked against the FEMA National Flood Hazard Layer, 60% sit outside the FEMA Special Flood Hazard Area (Zone X); 40% are in an A-series high-risk zone where flood insurance is required with a federally backed mortgage. Individual parcels vary — verify any specific address at msc.fema.gov. See flood zones by neighborhood in Panama City Beach.
Gulf Highlands Beach Resort is a community of 660 homes in Panama City Beach, Bay County, built between 1968 and 1997 (median 1987), with a median living area of about 1,123 square feet. 10% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Gulf Highlands Beach Resort is an established Panama City Beach community of 763 homes built out between 1968 and 1997, with a median price of $295,000 and a sales mix dominated by second-home and investment ownership rather than full-time residents.
The setting & the homes.
Aerial and on-site photos of Gulf Highlands Beach Resort. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Photos from CPAR MLS listings in Gulf Highlands Beach Resort; content deemed reliable but not guaranteed.
Who Gulf Highlands Beach Resort is best for.
Best for
- Buyers looking for a second home or vacation property in an established Panama City Beach setting
- Investors comfortable underwriting an older-inventory rental market with no listed on-site amenity package
- Buyers with flexible timelines who can negotiate on price and terms in a slower-moving market
Probably not for
- Buyers who want confirmed resort amenities as part of the purchase decision
- Buyers seeking new or recently built construction, given the 1968-1997 build range
- Buyers who need a quick sale or fast turnaround, given the extended median days on market
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 20 of each year, from record-level CPAR MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($295K) IS the median in the snapshot above, and the move from 2025 ($296K) IS the -0.4% one-year change.
Windows contain 26 to 101 sales each (72 in the current window); every figure carries its sample size. Listing information provided by the Central Panhandle Association of REALTORS®. Information is deemed reliable but not guaranteed by the MLS to be accurate. Deemed reliable but not guaranteed.
7% of homes for sale in Gulf Highlands Beach Resort are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-09-26).
Gulf Highlands Beach Resort Market Scorecard
Gulf Highlands Beach Resort is currently a balanced market., a median asking price of $304,950, and homes go under contract in about 115 days.
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: CPAR MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Gulf Highlands Beach Resort on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from CPAR MLS. Map data © OpenStreetMap, tiles © CARTO.
The Gulf Highlands Beach Resort buying strategy.
If we were buying in Gulf Highlands Beach Resort today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Gulf Highlands Beach Resort.
An older resort footprint pricing on condition, not amenities
There's no active MLS amenity record for Gulf Highlands, which means whatever the community offers on-site isn't showing up in current listing data — buyers should verify directly what's included with ownership rather than assume a standard resort amenity package. Combined with a build era spanning nearly three decades (1968-1997) and a median unit size just over 1,100 square feet, this is a market where individual unit condition, not building-wide features, is doing the heavy lifting on value.
The low homestead share (10.9%) is the structural story here: this reads as a rental and second-home market first, and that shapes everything from HOA dynamics to how quickly units turn over. With median days on market at 48.5 and a heat score of 30, sellers should expect a longer, more deliberate sales process than in higher-turnover PCB communities, and buyers have real room to be selective.
The location and the amenities are priced into every listing in Gulf Highlands Beach Resort. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Gulf Highlands Beach Resort buys, holds, and resells. Momentum Research; not an appraisal.
Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 4 factors (5.6). Basis: Long-Term Appreciation +154% since 2012; Recent Direction -0.4% year-over-year; Owner Commitment 10% owner-occupied; Pricing Power 94.6% sale-to-list. Refreshed with each data update.
Why work with Momentum here
Older resort inventory with no standardized amenity listing and a wide range of unit conditions rewards careful, comparable-by-comparable pricing rather than a formulaic view of the market. We track what's actually closing at Gulf Highlands — not just what's listed — so pricing conversations start from real data on a market that moves at its own pace.
Gulf Highlands Beach Resort in 15 seconds.
HOA, CDD & Fees
- HOA dues reported around $374/month (about $4,488/yr) · median of 842 MLS listings, most billed quarterly
- Any club/amenity membership is billed separately
Listings in this community report association dues of about $374 per month ($4,488 a year) — the median AssociationFee across 842 MLS records, normalised to a monthly figure; most are billed quarterly. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-09.
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Gulf Highlands Beach Resort buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Gulf Highlands Beach Resort sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Gulf Highlands Beach Resort, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Gulf Highlands Beach Resort home worth?
Get a no-obligation home value based on real comparable sales in Gulf Highlands Beach Resort, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
See all homes for sale in Panama City Beach →
Recently off market in Gulf Highlands Beach Resort
Homes in Gulf Highlands Beach Resort that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 9 on record.
- 145 Linda Marie Lane · off market
- 148 Linda Marie Lane · off market
- 151 Damon Circle · off market
- 151 Gulf Highlands Boulevard · off market
- 163 W Leslie Lane · off market
- 166 Gulf Highlands Boulevard · off market
- 168 Gulf Highlands Boulevard · off market
- 184 White Sandy Drive · off market
Frequently Asked Questions
What is the median home price in Gulf Highlands Beach Resort?
How long do homes in Gulf Highlands Beach Resort take to sell?
How many homes are in Gulf Highlands Beach Resort?
What share of Gulf Highlands Beach Resort is owner-occupied?
When were the homes in Gulf Highlands Beach Resort built?
Have Gulf Highlands Beach Resort home prices gone up?
Who is the best real estate agent for Gulf Highlands Beach Resort?
How do I find a top Panama City Beach real estate agent who knows Gulf Highlands Beach Resort?
Can Momentum Realty connect me with an agent for Gulf Highlands Beach Resort?
Where is Gulf Highlands Beach Resort, and what county is it in?
Is Gulf Highlands Beach Resort in a flood zone?
Is Gulf Highlands Beach Resort a good place to live?
Should you buy in Gulf Highlands Beach Resort?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | CPAR MLS, refreshed twice daily (last: September 26, 2026) |
| Community market stats | CPAR MLS closed sales, 12-month windows ending September 20, 2026 |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (11 streets, ZIP 32407/32408)) |
| Under-contract shares | CPAR MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2012 (864 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of CPAR MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the CPAR MLS member average and 8 days faster, and we’ll price yours against live local comps.
Looking to buy here? Search homes for sale →
What’s your home worth in your area?
A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
See how Gulf Highlands Beach Resort fits the bigger picture — live prices, inventory, and Momentum Scores:
Nearby Communities
Explore more neighborhoods near Gulf Highlands Beach Resort with Momentum Realty’s local guides.








