105
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$3,400,000
Est. payment /mo
4,740 SqFt
Active
8524 Surf DR Panama City, FL 32408
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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 SCHOOL & BUSINESS
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