8524 Surf Drive, Panama City, FL 32408
sale
$2,900,000
|
Other
Courtesy Of Beachy Beach Real Estate
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.
Read More About This Property
Read Less About This Property
Copyright © 2026 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: Over 50 Years Old
- Exterior Type: Stucco
- Floors: 2
- Heating System: Electric (Heating)
- Heating System: Central
- Legal Description: BEL AIR 1ST ADD LOT 10 LESS S 70' AND LOTS 11 & 12 BLK A ORB 4574 P 21
- MLSID: 788821
- Roof Type: Shingle
Data powered by Attom Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
You may also be interested in...
sale
$3,400,000
Other
11800 Panama City Beach Pkwy.
Panama City Beach, FL 32407
Land: 2.12 Acres
Courtesy Of Counts Real Estate Group Inc
sale
$3,400,000
Other
9001 Front Beach Road
Panama City Beach, FL 32408
Building: 3,928 sq. ft.
|
Land: 3.57 Acres
Courtesy Of Performance Realty, LLC
sale
$3,200,000
Other
630 S Tyndall Parkway
Panama City, FL 32404
Land: 9.56 Acres
Courtesy Of Counts Real Estate Group Inc
sale
$3,200,000
Other
16901 Pc Bch Parkway
Panama City Beach, FL 32413
Building: 12,000 sq. ft.
|
Land: 1.1 Acres
Courtesy Of Counts Real Estate Group Inc