8524 Surf DR, Panama City Beach, FL 32408
8524 Surf DR, Panama City Beach, FL 32408
8524 Surf DR, Panama City Beach, FL 32408
8524 Surf DR, Panama City Beach, FL 32408
8524 Surf DR, Panama City Beach, FL 32408
8524 Surf DR, Panama City Beach, FL 32408
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Seth Matthews

Seth Matthews

+1(850) 830-7208
$ 2,900,000
Est. payment | /mo

21,780 SqFt

Save
$ 2,900,000
Est. payment | /mo
Save

21,780 SqFt

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 21,780 sqft

Price per Sqft $133

MLS Listing ID 1010034

Lot Size 0.500 Acres

Acres 0.5

Lot Dimensions 170x150

Source Emerald Coast Association of REALTORS®

Property Description

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.

Location

State FL

County Bay

Area 27 - Bay County

Direction From Thomas Drive, turn south on Bonita Street. Turn right onto Surf Drive. Property is on the right.

Exterior

Garage No

Building

Faces From Thomas Drive, turn south on Bonita Street. Turn right onto Surf Drive. Property is on the right.

New Construction No

Others

Pets Allowed No

Tax ID 30446-010-000

Emerald Coast MLS - IDX
Listed by Karen K Smith Beachy Beach Real Estate

Nearby Locations

Seth Matthews

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(850) 830-7208

sethreal850@gmail.com

174 Watercolor Way, #103143 Santa Rosa Beach, Florida 32459, USA

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8524 Surf DR