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Kerry Jayne Jackson

realtyexpertkerry@gmail.com +1(850) 960-8646

$ 3,400,000

Est. payment -/mo

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Active

8524 Surf DR Panama City, FL 32408

4,740 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Active

Purchase Type For Sale

Square Footage 4,740 sqft

Price per Sqft $717

Subdivision Bel Air 1St Add

MLS Listing ID 788821

HOA Y/N No

Year Built 1962

Lot Size 0.500 Acres

Acres 0.5

Property Sub-Type Hotel/Motel

Property Description

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.

Location

State FL

County Bay

Area 03 - Bay County - Beach

Interior

Heating Central, Electric

Fireplace No

Exterior

Parking Features Paved

View Y/N Yes

View Gulf

Roof Type Shingle

Private Pool No

Building

Lot Description Cleared, Level

Story 2

Entry Level Two

Level or Stories Two

Additional Building Outbuilding, Workshop

Schools

Elementary Schools Breakfast Point

Middle Schools Breakfast Point

High Schools Arnold

Others

Tax ID 30446-010-000

Special Listing Condition Listed As-Is

Listed by Beachy Beach Real Estate

Schools and Properties Nearby

Kerry Jayne Jackson

Broker Associate | License ID: 7692

+1(850) 960-8646

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