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  • Price$3,500,000
  • Beds8
  • Baths8
  • SQ. Feet5,320
  • Acres0.08
  • Built1999

8221 Surf Drive # 1, Panama City Beach

Listed at $650 a sq ft this property is best priced beach house or town home in Panama City Beach. This stunning Gulf front beach home has a ton of character and offers endless possibilities. It is currently divided into 4 units and being utilized as a vacation rental property. This home sets on one of the nicer gulf front lots in PCB. With a little remodeling this home could be converted into a beautiful luxury beach house. This home has many options to provide a good return on your investment. It currently has over $300k on the books for the year, and several months booked for next year with this being the first year with a new rental company. Rental projections are $385k+ annually.

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Essential Information

  • MLS® #750886
  • Price$3,500,000
  • Bedrooms8
  • Bathrooms8.00
  • Full Baths8
  • Square Footage5,320
  • Acres0.08
  • Year Built1999
  • TypeResidential
  • Sub-TypeDuplex
  • StyleDuplex
  • StatusActive

Amenities

  • UtilitiesSewer Connected, Water Connected
  • ParkingCarport, Golf Cart Garage, Parking Lot, Paved
  • GaragesCarport, Golf Cart Garage, Parking Lot, Paved
  • ViewGulf
  • Is WaterfrontYes
  • WaterfrontDock Access, Gulf, Shoreline - Sand
  • Has PoolYes
  • PoolIn Ground, Pool

Exterior

  • ExteriorVinyl Siding
  • Exterior FeaturesBalcony, Deck, Patio, Pool
  • RoofComposition, Shingle
  • ConstructionVinyl Siding

Additional Information

  • Date ListedDecember 18th, 2023

Community Information

  • Address8221 Surf Drive # 1
  • Area03 - Bay County - Beach
  • SubdivisionSugar Shack Condo
  • CityPanama City Beach
  • CountyBay
  • StateFL
  • Zip Code32408

Interior

  • AppliancesBar Fridge, Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Refrigerator
  • HeatingCentral
  • CoolingCentral Air
  • # of Stories3

School Information

  • ElementaryPatronis
  • MiddleSurfside
  • HighArnold

Listing Details

  • Listing OfficeBeach Time Realty, Inc

Price Change History for 8221 Surf Drive # 1, Panama City Beach, FL (MLS® #750886)

Date Details Price Change
Price Reduced $3,500,000 $290,000 (7.65%)
Price Reduced (from $3,950,000) $3,790,000 $160,000 (4.05%)
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DISCLAIMER: IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Source: Bay County Association Of REALTORS® Multiple Listing Service