8221 Surf Drive 1 & 2, Panama City Beach, FL 32408

$3,499,999 Asking Price

8 beds

8 baths

5,320 sqft

Built in 1999

Listed at $650 a sq ft this property is the best priced beach house or gulf front town home in Panama City Beach. This stunning Gulf front has a ton of character and offers endless possibilities. This home sits on one of the nicest gulf front lots in PCB. With a little updating this home could be converted into a beautiful luxury beach house. This home has many options to provide a good return on your investment. Great first year rental numbers and bookings! Rental projections are $385k+ annually.

Listing Status:: Active
Date Added:: September 23, 2024 — 5 days ago
Listing Office:: Beach Time Realty, Inc
Office Phone:: 850-381-3156
MLS ID:: 763081

Features & Amenities

Exterior

Style:: Coastal
Pool:: In Ground,Private
Parking:: Carport,Paved

Location

Road/Access:: Paved
Originating MLS:: BCAR
County:: Bay

Lot

Zoning:: SUGAR SHACK CONDO UNIT # 1 ORB 4466 P 1404 4BR 4B and SUGAR SHACK CONDO UNIT #2 ORB 4466 P 1404 4BR 4B, 30235-202-000
View:: Gulf, View

Utilities

Utilities:: Cable Connected,Electricity Connected,Sewer Connected,Trash Collection,Underground Utilities,Water Connected

Financial

Source:: BCAR

This listing courtesy of:
Beach Time Realty, Inc

About Panama City, FL

Housing

Number of Units: 58,946
Median Home Value: $185,387
Median Rent: $878

32.64% of housing units are renter occupied.

25.59% are vacant.

Commute

Car: 80.21%
Public Transportation: 0.61%
Walk to Work: 0.66%
Work from Home: 16.96%
Other: 0.90%

The median travel time to work is 22 minutes.

People

Population: 107,776
Median Age: 40.00
Median Household Size: 2.60

Education

High School: 30.71%
Associate’s Degree: 12.03%
Bachelor’s Degree: 14.18%
Graduate Degree: 7.89%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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8221 Surf Drive 1 & 2, Panama City Beach, FL 32408

$3,499,999 Asking Price