Ad #7616059
MLS #788821
Exceptional Investment Opportunity in a Prime Beachfront Setting
8524 Surf Dr, Panama City, FL 32408
$3,400,000
--Beds
--Baths
4,740Sqft
0.5Acres
About this property
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
0 Beds
0 Baths
4,740 Sqft
Built in 1962
0.5 Acres
2 Stories
Siding: Stucco
Shingle Roof
Electric (Heating), Central
Bay County
Bel Air 1st Add Community
Additional Photos
Contact Information
Kay C Blanchard
Beachy Beach Real Estate
850-960-8577
Location
Listing Agent: Kay C Blanchard 850-960-8577
Broker: Beachy Beach Real Estate 850-233-4351 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: Beachy Beach Real Estate 850-233-4351 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
$3,400,000
--
Beds
--
Baths
4,740
Sqft
8524 Surf Dr, Panama City, FL 32408
By contacting this agent you agree to these Terms and Conditions.
MLS# 788821
Exceptional Investment Opportunity in a Prime Beachfront Setting
$3,400,000
8524 Surf Dr, Panama City, FL 32408
--
Beds
--
Baths
4,740
Sqft
0.5
Acres
$3,400,000
8524 Surf Dr, Panama City, FL 32408
-- Beds
-- Baths
4,740 Sqft
0.5 Acres
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.
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Property Details
HOME DETAILS
0 Beds
0 Baths
4,740 Sqft
Built in 1962
0.5 Acres
2 Stories
EXTERIOR
Siding: Stucco
Shingle Roof
INTERIOR
Electric (Heating), Central
FINANCIAL & COMMUNITY
Bay County
Bel Air 1st Add Community
See More Details
Location
Mortgage Calculator
Ad Statistics
Ad Number
7616059
Viewed
96 times
Listing Status
Active
Added
Apr 23, 2026
Last Refreshed
Jul 03, 2026 06:17:28 PM
Listing Information
Data Source
Central Panhandle Association of REALTORS
Source Property ID
788821
Listing Agent: Kay C Blanchard 850-960-8577
Broker: Beachy Beach Real Estate 850-233-4351 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: Beachy Beach Real Estate 850-233-4351 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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