8221 Surf DR, Panama City Beach, FL 32408
8221 Surf DR, Panama City Beach, FL 32408
8221 Surf DR, Panama City Beach, FL 32408
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$3,500,000
Est. payment /mo
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8 Beds
8 Baths
5,320 SqFt
New

8221 Surf DR Panama City Beach, FL 32408

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Brian Burgett

Brian Burgett

+1(515) 473-0962

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Key Details

Property Type Single Family Home

Sub Type Detached Single Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,320 sqft

Price per Sqft $657

Subdivision Sugar Shack Condo

MLS Listing ID 1002814

Style Beach House

Bedrooms 8

Full Baths 8

Year Built 1999

Annual Tax Amount $6,282

Tax Year 2025

Lot Dimensions 50'x136'x50'x136'

Property Sub-Type Detached Single Family

Source Emerald Coast Association of REALTORS®

Land Area 5320

Property Description

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.

Location

State FL

County Bay

Community Short Term Rental - Allowed, Beach, Picnic Area, Pool

Area 27 - Bay County

Zoning Resid Single Family

Direction Head west on Thomas drive. Turn south on Cobia street then turn right on Surf Drive. The Property will be on your left.

Interior

Interior Features Breakfast Bar

Cooling Ceiling Fans, Central Air

Furnishings Furnished - All

Appliance Dishwasher, Dryer, Microwave, Refrigerator, Smoke Detector, Water Heater - Elect

Exterior

Exterior Feature Balcony, BBQ Pit/Grill, Pool - Gunite Concrt, In-Ground Pool, Gunite Pool, BBQ / Grill, Balcony

Parking Features Carport Attached

Carport Spaces 3

Pool Pool - In-Ground, Pool Type

Community Features Short Term Rental - Allowed, Beach, Picnic Area, Pool

Utilities Available Electric, Public Water

Waterfront Description Gulf,Shore - Beach

View Gulf

Roof Type Composite Shingle

Street Surface Paved

Road Frontage County Road

Garage No

Building

Lot Description Within 1/2 Mile to Water

Faces Head west on Thomas drive. Turn south on Cobia street then turn right on Surf Drive. The Property will be on your left.

Story 2

Foundation Foundation On Piling

Sewer Public Sewer

Architectural Style Beach House

New Construction No

Schools

Elementary Schools Patronis

Middle Schools Surfside

High Schools Arnold

Others

Pets Allowed No

Tax ID 30235-201-000

Virtual Tour https://app.cloudpano.com/tours/_d6kvWK46?mls=1

Emerald Coast MLS - IDX
Listed by Jordan E Jarrett Keller Williams Success Realty

NEARBY SCHOOL & BUSINESS

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Brian Burgett

Brian Burgett

Broker | License ID: e30470

+1(515) 473-0962

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8221 Surf DR