tomo logo

$335,000

Beds
2
Baths
2.5
sq ft
972

191 Kimberly Dr, Panama City Beach, FL 32407

191 Kimberly Dr

Panama City Beach, FL 32407

  • <1 day on market
TURNKEY SHORT-TERM RENTAL OPPORTUNITY!Welcome to 191 Kimberly Lane, a proven income-producing townhome in the highly sought-after Gulf Highlands Beach Resort. This 2BR/2.5BA coastal retreat isn't just a place to stay ... it's a money-making machine that grossed over $40K in 2024 and has already raked in $8,034.32 YTD for 2025. Whether you're looking to expand your investment portfolio or secure your own slice of paradise, this is the one you don't want to miss!Tucked in the heart of Panama City Beach, this townhome is just a short golf cart ride to the beach, with dedicated golf cart parking for easy access. Located in the amenity-packed, gated community of Gulf Highlands Beach Resort you'll enjoy multiple pools (some heated in the colder months), a mini golf course, tennis and pickleball courts, shuffleboard courts, gym, a community clubhouse, BBQ areas, and more - all designed for fun and relaxation. You won't have to go far for a great meal, snack, or to grab a daiquiri on the way to the beach - stop by and enjoy a treat at Gulf Highlands exclusive snack shack, The Beach House, open year-round!Inside, this townhome delivers coastal cool meets comfort with an open-concept living, dining, and kitchen area, stylish tile floors, and a bold surf-inspired accent wall that brings the beach vibes indoors. The kitchen is built for entertaining, featuring butcher block countertops, colorful cabinetry, and a gas stove for those who love to cook. Upstairs, the spacious bedrooms offer coastal-inspired murals, updated flooring, and access to a private balcony, while the full bathroom boasts a wood-framed mirror, stylish vanity, and updated fixtures. This unit comes furnished as seen, ready to start generating some cash flow!If you're looking for a turnkey vacation rental with serious earning potential, this is it. Properties in Gulf Highlands move quickly, and with its proven rental history and unbeatable location, this townhome is a no-brainer for investors and beach lovers alike. Schedule your showing NOW before someone else locks it down!

Details

Property type

Townhouse

Est. home value

$352,189

Lot size

1,568 sq ft

Price per sq ft

$345

Year built

1989

Annual property taxes

$3,487

Monthly HOA fee

$363.38

Price History

03/21/2025
CentralPanhandle

CentralPanhandle #770883

Listed
$335,000
+3.08%
08/09/2022
CentralPanhandle

CentralPanhandle #728331

Sold
$325,000
+35.47%
05/14/2021
CentralPanhandle

CentralPanhandle #709744

Sold
$239,900

Schools & Community

Elementary school: 

Hutchison Beach

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Pool, Gated, Clubhouse, Golf, Park, Sidewalks

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$57,153
Asking price
$335,000
Closing costs (~8% of asking)
-$26,800
Est. remaining loan balance
-$251,047
Cash to seller
$57,153

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Caliber Home Loans Inc

Loan start date

August 2022

Original loan amount

$260,000

Est. remaining balance

$251,047

Interest rate

5.81%

Loan type

New Conventional, 30 year

Seller

Daniel E Pratt

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/26/2025 at 12:20 AM

Listing updated: 03/25/2025 at 3:21 PM

Listed by: Joshua Hoey, Think Real Estate Phone #: (850) 270-4200

MLS: CentralPanhandle #770883

CentralPanhandle logo