8221 Surf Drive, Panama City, FL 32408
Local realty services provided by:Better Homes and Gardens Real Estate Historic
Listed by: the jarrett group
Office: keller williams success realty
MLS#:789630
Source:FL_BCMLS
Price summary
- Price:$3,500,000
- Price per sq. ft.:$657.89
About this home
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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Home facts
- Year built:1999
- Listing ID #:789630
- Added:5 day(s) ago
- Updated:May 14, 2026 at 02:24 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:8
- Full bathrooms:8
- Rooms Total:8
- Kitchen Description:Electric Cook Top, Electric Oven, Electric Range, Electric Water Heater
- Living area:5,320 sq. ft.
Heating and cooling
- Cooling:CeilingFans, CentralAir
- Heating:Central, Electric
- Central air:Yes
Structure and exterior
- Roof:Composition, Shingle
- Year built:1999
- Building area:5,320 sq. ft.
- Lot area:0.17 Acres
- Architectural Style:Coastal
- Construction Materials:VinylSiding
- Exterior Features:Balcony, Deck, Outdoor Shower
- Foundation Description:Pillar/Post/Pier
- Levels:2 Story
Schools
- High school:Arnold
- Middle school:Surfside
- Elementary school:Patronis
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$3,500,000
- Price per sq. ft.:$657.89
- Tax amount:$6,283 (2025)
Features and amenities
- Laundry features:Washer Dryer Stacked
- Amenities:ElectricCooktop, ElectricOven, ElectricRange, ElectricWaterHeater, SmokeDetectors, StormWindows, WasherDryerStacked
- Pool features:Community, Fenced, Gunite, InGround, Private
Parking
- Parking description:Gated
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