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8524 Surf Drive
Panama City, FL 32408

$3,400,000 - Status: Active
Bed Icon Beds: 0
Bath Icon Baths:
Sq Feet Icon SQFT (H&C): 4,740
MLS Icon MLS# 788821

Exceptional Investment Opportunity in a Prime Beachfront Setting. Notably, it boasts the only beach view from the north side of Surf Drive--an unmatched feature that sets it apart. Embrace the charm of Old Florida with this rare 6-unit motel situated on over half an acre in one of the most desirable locations along Surf Drive. Rich in character and coastal appeal, this income-producing property offers a unique blend of nostalgia and modern potential. Currently operating as a turnkey business, this thriving Bed and Breakfast is fully furnished and well maintained, providing immediate income with strong demand driven by Panama City Beach's thriving tourism market. Guests enjoy convenient beach access just steps away, along with walkable proximity to dining, entertainment, and local attractions. The expansive lot and high-intensity zoning present exceptional redevelopment opportunities. Whether you envision expanding the existing footprint, creating a boutique lodging experience, or developing single-family or multi-family residences, the possibilities are wide open. With its prime location, steady rental potential, and rare development flexibility, this property is an outstanding opportunity for investors seeking both current cash flow and long-term upside in a highly sought-after coastal market.

Listing Video

Property Features

MLS#: 788821
Zip: 32408
Subdivision: Bel Air 1st Add
Development: 0323 - Beach - South Of Grand Lagoon
Property Type: Commercial - Business
Days on Site: 33
Heating: Central, Electric
Lot Size: 0.50 acres
Roof Type: Shingle
Stories: 2.0
Year Built: 1962
SQFT (H&C): 4,740

Feature Descriptions

Exterior: Stucco
Lot Description: Cleared, Level
Parcel#: 30446-010-000
Parking: Paved
Parking Notes: Paved
Special View Info: Gulf

Local Schools

High School: Arnold
Middle School: Breakfast Point
Elementary School: Breakfast Point

8524 Surf Drive | MLS# 788821

This commercial property located at 8524 Surf Drive , Panama City, FL 32408 is currently listed for sale by Beachy Beach Real Estate, with an asking price of $3,400,000. Search Panama City real estate on www.beachybeach.com today.

Listed By / Shown By

agent picture

Listed By

Agency Name: Beachy Beach Real Estate
Agent Name: Kay Blanchard
Agency Phone: (850) 960-8577

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