8221 Surf DR, Panama City, FL 32408
8221 Surf DR, Panama City, FL 32408
8221 Surf DR, Panama City, FL 32408
88
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$3,500,000
Est. payment /mo
8 Beds
8 Baths
5,320 SqFt
New

8221 Surf DR Panama City, FL 32408

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 5,320 sqft

Price per Sqft $657

Subdivision Sugar Shack Condo

MLS Listing ID 789630

Style Coastal

Bedrooms 8

Full Baths 8

HOA Y/N No

Year Built 1999

Annual Tax Amount $6,283

Tax Year 2025

Lot Size 7,405 Sqft

Acres 0.17

Property Sub-Type Single Family Residence

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 Beach, Pool, Short Term Rental Allowed

Area 03 - Bay County - Beach

Interior

Interior Features Interior Steps

Heating Central, Electric

Cooling Central Air, Ceiling Fan(s)

Fireplace No

Appliance Washer/Dryer Stacked, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater

Laundry Stacked

Exterior

Exterior Feature Deck, Outdoor Shower

Parking Features Gated

Fence Partial

Pool Fenced, Gunite, In Ground, Community, Private

Community Features Beach, Pool, Short Term Rental Allowed

Utilities Available Electricity Available

Waterfront Description Gulf,Shoreline - Sand

View Y/N Yes

Water Access Desc Gulf,Shoreline - Sand

View Gulf

Roof Type Composition,Shingle

Porch Balcony, Deck

Private Pool Yes

Building

Lot Description Paved

Story 2

Entry Level Two

Foundation Pillar/Post/Pier

Sewer Public Sewer

Architectural Style Coastal

Level or Stories Two

New Construction No

Schools

Elementary Schools Patronis

Middle Schools Surfside

High Schools Arnold

Others

Restrictions Short Term Rentals Allowed

Tax ID 30235-201-000

Security Features Smoke Detector(s)

Special Listing Condition Listed As-Is

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Listed by Keller Williams Success Realty

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Michele Monastra

Michele Monastra

Agent | License ID: 3568384

+1(850) 493-7653

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8221 Surf DR