8614 Surf Drive, Panama City Beach, FL 32408
sale
$4,000,000
|
Hotel Motel
Courtesy Of Think Real Estate
Zoned Commercial High Intensity. This is a great RARE opportunity to own over half and acre of land right across the street from the beach and the Gulf of Mexico. This is an income producing, 11 unit inn with ample room to expand to 15 units. This is a Turn key operation. This property includes 2 buildings and a pool! Property is currently open, operating, and is turn key for the next owner. Comes fully furnished. the possibilities are endless! You could also redevelop this property to single family residences or multifamily units on this large lot. Comparable Single family units averaging over $2 million per unit and rental projections of $200k+/year. Please do not bother the guests, Call for additional information and to setup a tour by appointment only.
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Copyright © 2023 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is 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.
Property Features
- Age: 31-40 Years Old
- Architecture Style: Other
- Cooling System: Central A/C
- Exterior Type: Stucco
- Exterior Type: Concrete
- Legal Description: BEL AIR 1ST ADD LOTS 7, 8 & 9 BLK A
- MLSID: 737440
- Roof Type: Unknown
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