Gulf Highlands Unit-2 Homes under $500,000

Gulf Highlands Unit-2 Homes under $500,000

Welcome to Gulf Highlands Unit-2, a hidden gem nestled in the heart of Panama City Beach, Florida. This charming subdivision offers a unique blend of coastal living and community spirit, making it an ideal choice for families, retirees, or anyone looking to embrace the beach lifestyle without breaking the bank.

Gulf Highlands Unit-2 features a delightful array of homes, many of which are priced under $500,000, providing an excellent opportunity for first-time buyers and savvy investors alike. These well-designed properties boast modern amenities, spacious layouts, and are often just a stone’s throw away from the pristine sands and turquoise waters that Panama City Beach is renowned for. Imagine waking up to the sound of the waves and enjoying your morning coffee on a sun-soaked patio!

The subdivision is not just about beautiful homes; it also fosters a vibrant community atmosphere. Residents enjoy access to a variety of amenities, including a community pool, tennis courts, and lush green spaces perfect for family picnics or leisurely strolls. The close-knit neighborhood vibe makes it easy to meet neighbors and create lasting friendships.

Conveniently located, Gulf Highlands Unit-2 is just minutes away from shopping, dining, and entertainment options. Whether you’re looking to indulge in fresh seafood at local restaurants or explore the exciting nightlife, everything you need is within reach.

Discover your perfect home in Gulf Highlands Unit-2, where affordability meets the allure of coastal living. Your dream beach lifestyle awaits!

Newest Gulf Highlands Unit-2 Homes under $500,000

124 Coral Drive, Panama City Beach
$425,000
3 Beds ⋅ 2 Baths ⋅ 795921 MLS
SELLER IS OFFERING $10,000 CREDIT TO THE BUYER*** which can be applied toward Buyers closing costs or buy-down to lower interest rate. Completely remodeled from top to bottom, this centrally located 3Bd/ 2Ba with attached garage, single-level brick home sits on nearly a quarter-acre lot and is truly move-in ready. The home features a brand-new metal roof (2026) with membrane underlayment for added water protection, luxury vinyl plank flooring throughout, updated windows, fresh interior and exterior paint, new trim, modern lighting, and a brand-new water heater (2026). The completely redesigned kitchen features new shaker-style soft-close cabinetry and large island/breakfast bar with Sparkling White quartz countertops, marble backsplash, farmhouse-style ceramic sink, and all-new stainless-steel appliances. A custom built-in white oak dining bench sits beautifully beneath the bay windows. Additional interior details include decorative board-and-batten wainscoting throughout the living area, a stylish vertical wood-slat accent wall in the primary bedroom, custom wood-paneled tray ceiling with recessed lighting in the hallway, built-in hardwood closet shelving, brand new craftsman-style bay windows in dining area. Both bathrooms have been fully renovated, including venetian-style plaster finishes in the primary bath. The home is equipped with a high-efficiency Lennox HVAC system, while the enclosed 13x12 Florida room has its own brand-new mini-split system for year-round heating and cooling. The spacious, fully fenced backyard features gates on both sides of the home, providing additional space for a boat, RV, jet ski, trailer, or other vehicles. Enjoy outdoor cooking and dining beneath a pergola covered with producing grapevines, surrounded by mature maple, magnolia, and crepe myrtle trees, along with fruit-producing fig, plum, and mulberry trees. Professional landscaping, new grass with an irrigation system, and backyard pavers complete the outdoor setting. A standout feature is the 31x12 (approximately 384 sq. ft.) metal-frame outbuilding, which is insulated and equipped with a brand-new energy-efficient mini-split system for heating and cooling. This versatile space offers endless possibilities as a home gym, game or media room, office, workshop, hobby room, or additional storage. Located in a quiet neighborhood convenient to shopping, dining, schools, beach, medical facilities, parks and entertainment. NO HOA, and Flood Zone X, so flood insurance is not required. With continued new construction and development throughout the surrounding area, this turnkey property offers an impressive combination of upgrades, space, versatility, and location. Call today to schedule your private showing!

124 Coral Drive, Panama City Beach

Listing courtesy of Keller Williams Success Realty.

152 Manistee Drive, Panama City Beach
$424,900
3 Beds ⋅ 2 Baths ⋅ 795703 MLS
Welcome to 152 Manistee Drive, a beautifully remodeled 3-bedroom, 2-bathroom home offering 1,344 square feet of updated living space, a two-car garage, paid-off solar and no HOA. Step inside to an open and spacious living and kitchen area featuring vaulted ceilings, all-new flooring, fresh interior paint, granite countertops throughout and brand-new Samsung stainless-steel appliances. New interior lighting, plumbing fixtures and toilets complete the home's clean, modern look. The spacious primary suite includes a walk-in closet and private bathroom with a jetted tub, separate shower and double-sink vanity. A large screened porch provides the perfect place to relax, enjoy morning coffee or entertain friends and family. In addition to the home's 1,344 square feet of reported living area, the property features a 528-square-foot finished, insulated and climate-controlled two-car garage with a new insulated garage door. The garage is separately classified by the Bay County Property Appraiser and is not included in the home's reported living square footage, providing valuable year-round flexibility for parking, a workshop, home gym, hobby area or additional storage. The improvements continue outside with new exterior doors, new exterior lighting, a new privacy fence, updated irrigation and all-new landscaping. A powered 10 x 12 storage building provides even more space for tools, lawn equipment, beach gear or a small workshop. Another standout feature is the fully paid-off solar-energy system with FPL net metering. The new owner can enjoy the benefits of solar without assuming an outstanding solar loan or monthly equipment payment. Conveniently located on the west end of Panama City Beach near Highway 79, Pier Park, Northwest Florida Beaches International Airport, shopping, dining, and just a five-minute drive to the beautiful white-sand beaches of the Gulf of America.

152 Manistee Drive, Panama City Beach

Listing courtesy of Counts Real Estate Group Inc.

130 Heather Drive, Panama City Beach
$499,999
3 Beds ⋅ 3 Baths ⋅ 793784 MLS
Welcome to 130 Heather Drive in Panama City Beach, FL 32413. Owner financing is being offered with owner approved credit,25 years, 10% downpayment, 6.75% fixed rate. This well-maintained 3-bedroom, 3-full baths brick home offers generous living area, a versatile floor plan, and exceptional parking and storage.Mature palm trees and established landscaping create a warm Florida welcome from the moment you arrive. Inside you will find a spacious kitchen featuring abundant cabinetry and expansive counter space- perfect for everyday living or entertaining family and friends. The kitchen flows seamlessly into a bright sunroom filled with natural light,creating the perfect spot to relax with your morning coffee or enjoy an afternoon with a good book. A separate bonus room provides endless possibilities and can easily serve as a home office, hobby space, media room, playroom, additional family room or add a closet and you will have a 4th bedroom. Built with durable brick construction the home features generous size rooms and multiple living areas offering comfort and flexibility. A charming covered breezeway connects the home to the detached two-car garage, providing convenience while adding character to the property. Outside you will appreciate the attached two-car garage, an additional detached two-car carport, a spacious driveway with ample parking and mature landscaping that enhances the home's timeless Florida appeal. Whether you're searching for a primary residence, a vacation getaway or an investment opportunity, 130:Heather Drive offers the space, functionality and potential to make it your own. In addition the covered carport could be converted into a guest house or mother-in-law-suite for multi family living. Schedule your private showing and discover everything this Panama City Beach home has to offer. It is the responsibility of the buyer or buyers agent to verify all measurements.

130 Heather Drive, Panama City Beach

Listing courtesy of Beach King Realty.

137 Heather Drive, Panama City Beach
$299,000
3 Beds ⋅ 2 Baths ⋅ 776988 MLS
This solid 3-bedroom home, which includes a small bonus room, and 2 full bathrooms, is situated on a spacious 75x120 lot in a wonderful neighborhood. This home offers a newly painted interior, beautiful tile flooring, and a sun-filled Florida room. The main bedroom features a walk-in closet and a Jack and Jill en-suite with a stand-up shower. The oversized lot is perfect for storing a boat, RV, or other recreational vehicles. Located in an established neighborhood with NO HOA fees. The home is just a short drive, bike ride, or golf cart ride away from Frank Brown Park, Gails Trails, Conservation Park and tons of Shopping & Dining options. The subdivision also includes a private park with swings, basketball courts, and a spacious grassy area perfect for pets. Plus, with direct access to Highway 79, you'll have an easy route to the new hospital and can avoid beach traffic during peak season via Charles Griffith Parkway. This property would make a great primary residence or a second home. Short-term rentals are not allowed, and it's conveniently located just over a mile from our beautiful white sandy beaches and emerald waters. Call today to schedule a showing and see all that this exceptional home has to offer!

137 Heather Drive, Panama City Beach

Listing courtesy of Paradise Properties of NW Florida.

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