Charming 2-bedroom, 2-bathroom waterfront townhome at 204 Bonita Circle, Unit F in Panama City Beach. This well-maintained unit offers stunning water views, direct access to a boat slip, and a spacious layout perfect for relaxation. Both bedrooms are generously sized, with full baths located upstairs and downstairs for added convenience. Enjoy the private courtyard for outdoor living, as well as community amenities including a pool and game room. With a great rental history and short-term rentals allowed, this property is a fantastic investment. Just minutes from the beach, shopping, dining, and entertainment, this townhome offers the perfect beach lifestyle.