Ad #7692755
MLS #789630
An exceptional Gulf-front investment opportunity where luxury
8221 Surf Dr, Panama City, FL 32408
$3,500,000
8Beds
8Baths
5,320Sqft
0.17Acres
About this property
An exceptional Gulf-front investment opportunity where luxury meets income potential. With more than $330,000 in proven rental income in 2025. This stunning coastal property features four beautifully appointed two-bedroom units, offering a total of 8 bedrooms and 8 full bathrooms, all thoughtfully designed to maximize comfort, style, and revenue. Perfectly positioned directly on the Gulf, the property showcases breathtaking Panama City Beach sunsets and uninterrupted water views from private balconies for every unit, creating an unforgettable experience for guests and owners alike. A Gulf-front pool provides the ultimate setting for relaxation, while the pristine white sand beach is just steps away. Inside, each residence is finished with upscale coastal touches, including gorgeous white oak luxury vinyl plank flooring, open-concept kitchens, and striking shiplap ceilings that enhance the bright, airy atmosphere throughout. The layout of each unit is designed for both functionality and entertaining, making it ideal for short-term rentals or multi-family use. On the ground level, covered parking beneath the home offers both convenience and additional entertainment space, complete with grilling areas, tables, games, and gathering spots--perfect for hosting guests and creating memorable beachside experiences. With rental projections reaching as high as $385,000 per year, this property presents a rare opportunity to own a premier Gulf-front income-producing asset in one of Panama City Beach's most desirable locations. Whether you're expanding your portfolio or seeking a luxury coastal retreat with exceptional returns, this one-of-a-kind property delivers the perfect blend of location, lifestyle, and long-term value.
Property Features
8 Beds
8 Baths
5,320 Sqft
Built in 1999
0.17 Acres
2 Stories
On Beachfront
Gated
Siding: VinylSiding
Composition, Shingle Roof
Has Swimming Pool
Electric (Heating), Central
$24,000 / yr property tax
Bay County
Sugar Shack Condo Community
Additional Photos
Contact Information
The Jarrett Group
Keller Williams Success Realty
850-279-5911
Location
Listing Agent: The Jarrett Group 850-279-5911
Broker: Keller Williams Success Realty 850-249-0313 Listing Site
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.
Broker: Keller Williams Success Realty 850-249-0313 Listing Site
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.
BeachHouse.com
Printed Aug 11, 2026
Photo Gallery
$3,500,000
8
Beds
8
Baths
5,320
Sqft
8221 Surf Dr, Panama City, FL 32408
By contacting this agent you agree to these Terms and Conditions.
MLS# 789630
An exceptional Gulf-front investment opportunity where luxury
$3,500,000
8221 Surf Dr, Panama City, FL 32408
8
Beds
8
Baths
5,320
Sqft
0.17
Acres
$3,500,000
8221 Surf Dr, Panama City, FL 32408
8 Beds
8 Baths
5,320 Sqft
0.17 Acres
An exceptional Gulf-front investment opportunity where luxury meets income potential. With more than $330,000 in proven rental income in 2025. This stunning coastal property features four beautifully appointed two-bedroom units, offering a total of 8 bedrooms and 8 full bathrooms, all thoughtfully designed to maximize comfort, style, and revenue. Perfectly positioned directly on the Gulf, the property showcases breathtaking Panama City Beach sunsets and uninterrupted water views from private balconies for every unit, creating an unforgettable experience for guests and owners alike. A Gulf-front pool provides the ultimate setting for relaxation, while the pristine white sand beach is just steps away. Inside, each residence is finished with upscale coastal touches, including gorgeous white oak luxury vinyl plank flooring, open-concept kitchens, and striking shiplap ceilings that enhance the bright, airy atmosphere throughout. The layout of each unit is designed for both functionality and entertaining, making it ideal for short-term rentals or multi-family use. On the ground level, covered parking beneath the home offers both convenience and additional entertainment space, complete with grilling areas, tables, games, and gathering spots--perfect for hosting guests and creating memorable beachside experiences. With rental projections reaching as high as $385,000 per year, this property presents a rare opportunity to own a premier Gulf-front income-producing asset in one of Panama City Beach's most desirable locations. Whether you're expanding your portfolio or seeking a luxury coastal retreat with exceptional returns, this one-of-a-kind property delivers the perfect blend of location, lifestyle, and long-term value.
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Property Details
HOME DETAILS
8 Beds
8 Baths
5,320 Sqft
Built in 1999
0.17 Acres
2 Stories
BEACH & VIEW
On Beachfront
EXTERIOR
Gated
Siding: VinylSiding
Composition, Shingle Roof
Has Swimming Pool
INTERIOR
Electric (Heating), Central
FINANCIAL & COMMUNITY
$24,000 / yr property tax
Bay County
Sugar Shack Condo Community
See More Details
Location
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Ad Statistics
Ad Number
7692755
Viewed
86 times
Listing Status
Active
Added
May 08, 2026
Last Refreshed
Jul 03, 2026 06:17:28 PM
Listing Information
Data Source
Central Panhandle Association of REALTORS
Source Property ID
789630
Listing Agent: The Jarrett Group 850-279-5911
Broker: Keller Williams Success Realty 850-249-0313 Listing Site
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.
Broker: Keller Williams Success Realty 850-249-0313 Listing Site
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.
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