SQUARE FEET4,740
MLS#788821
STATUSActive
PROPERTY TYPECommercial - Business
SUBDIVISIONBel Air 1st Add
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.
Property Features
Property Type: Commercial - Business
Heating: Central, Electric
Lot Size: 0.50 Acres
Roof Type: Shingle
Stories: 2.0
Year Built: 1962
Feature Descriptions
Days on Site: 38
Exterior: Stucco
Lot: Cleared, Level
Parcel#: 30446-010-000
Parking: Paved
Parking Notes: Paved
Special View Info: Gulf
Local Schools
High School: Arnold
Middle School: Breakfast Point
Elementary School: Breakfast Point
Listed By / Shown By
Listed By
Agency Name: Beachy Beach Real Estate
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0400
8524 Surf Drive | MLS# 788821
This commercial property located at 8524 Surf Drive , Panama City, FL 32408 is currently listed for sale with an asking price of $3,400,000. Search Panama City real estate on www.realtymarkllc.com today.