8524 Surf DR, Panama City, FL 32408
8524 Surf DR, Panama City, FL 32408
8524 Surf DR, Panama City, FL 32408
8524 Surf DR, Panama City, FL 32408
8524 Surf DR, Panama City, FL 32408
8524 Surf DR, Panama City, FL 32408
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Jacquelyn Gore

Jacquelyn Gore

+1(615) 308-7885
$ 3,400,000
Est. payment | /mo

4,740 SqFt

Save
$ 3,400,000
Est. payment | /mo
Save

4,740 SqFt

Key Details

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Active

Purchase Type For Sale

Square Footage 4,740 sqft

Price per Sqft $717

Subdivision Bel Air 1St Add

MLS Listing ID 788821

HOA Y/N No

Year Built 1962

Lot Size 0.500 Acres

Acres 0.5

Property Sub-Type Hotel/Motel

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 03 - Bay County - Beach

Interior

Heating Central, Electric

Fireplace No

Exterior

Parking Features Paved

View Y/N Yes

View Gulf

Roof Type Shingle

Private Pool No

Building

Lot Description Cleared, Level

Story 2

Entry Level Two

Level or Stories Two

Additional Building Outbuilding, Workshop

Schools

Elementary Schools Breakfast Point

Middle Schools Breakfast Point

High Schools Arnold

Others

Tax ID 30446-010-000

Special Listing Condition Listed As-Is

Listed by Beachy Beach Real Estate

Nearby Locations

Jacquelyn Gore

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

+1(615) 308-7885

jacquelyngore@simplihom.com

495 Grand Blvd #211, Miramar Beach, FL, 32550, USA

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree to receive recurring marketing communication from Jacquelyn Gore, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

By checking this box, I agree to the Terms of Service and Privacy Policy of this website.

Go tour this home

8524 Surf DR