Beach Homes Realty
Enter City, Zip or MLS
Waterfront

8221 surf drive

Panama City Beach, FL 32408

$3,500,000

8 BEDS 8 BATHS
Residential - Single Family
Waterfront
Image 1: 12-web-or-mls-DJI_20260504094451_0366_D
Image 2: 92-web-or-mls-hf_20260509_124217_5c7f12f
Image 3: 1-web-or-mls-DJI_20260504094349_0359_D
Image 4: 54-web-or-mls-DSC00346
Bedrooms 8
Total Baths 8
Status Pending
MLS # 1002814
County Bay
More Info
Category Residential - Single Family
Status Pending
MLS # 1002814
County Bay
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 not available
Listing
Street
Satellite

Exterior Features

  • Style Beach House
  • Construction Single Family
  • Exterior Balcony, BBQ Pit/Grill, Pool - Gunite Concrt
  • Garage No
  • Sewer Public Sewer
  • Lot Dimensions 50'x136'x50'x136'
  • Lot Description Within 1/2 Mile to Water

Interior Features

  • Appliances Dishwasher, Dryer, Microwave, Refrigerator, Smoke Detector, Water Heater - Elect
  • Year Built 1999

Neighborhood & Schools

  • Subdivision Sugar Shack Condo
  • Elementary School Patronis
  • Middle School Surfside
  • High School Arnold

Financial Information

  • Parcel ID 30235-201-000
  • Zoning Resid Single Family

Additional Services

Internet Service Providers

Listing Information

Listing Provided Courtesy of Keller Williams Success Realty
Emerald Coast Association of REALTORS
Listing data is current as of 07/24/2026.

Contact Our Agent

By clicking “Submit,” I agree to be contacted by Lake Homes Realty, LLC, its affiliates, and real estate professionals via call, text, and email for real estate services. This includes by automated means, even if your number is on a federal, state, or our internal Do Not Call list. To opt out, you can reply "stop" at any time or reply "help" for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. You also agree to our Terms of Use and Privacy Policy.