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$3,400,000
12 Days On Site

8524 Surf Drive
Panama City, FL 32408

For Sale|Hotel/Motel|Active
0
Beds
0
Total Baths
4,740
SqFt
$717
/SqFt
1962
Built
Subdivision:
Bel Air 1st Add
County:
Bay
Listing courtesy of Kay C Blanchard of Beachy Beach Real Estate
Call Now: (850) 296-7204
Is this the listing for you? We can help make it yours.
(850) 296-7204
8524 Surf Drive8524 Surf Drive8524 Surf Drive8524 Surf Drive
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Mortgage Calculator

Monthly Payment (Est.)

$15,512
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

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.

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Listing Snapshot
Price 
$3,400,000
Days On Site 
12 Days
Bedrooms 
N/A
Inside Area (SqFt) 
4,740 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.5 Acres
Year Built 
1962
MLS® Number 
788821
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing first seen on site
2 weeks agoListing updated with changes from the MLS®
General Features
Acres 
0.5
Levels 
Two
Number Of Stories 
2
Parking 
Paved
Property Sub Type 
Hotel/Motel
SqFt Total 
4740
Zoning 
Resid Multi-Family
Interior Features
Heating 
CentralElectric
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Exterior Features
Construction Details 
Stucco
Lot Features 
ClearedLevel
Other Structures 
OutbuildingWorkshop
Road Frontage 
City Street
Roof 
Shingle
View 
Water
Waterview 
Water
Community Features
MLS Area 
03 - Bay County - Beach
Schools
School District
Unknown
Elementary School
Breakfast Point
Middle School
Breakfast Point
High School
Arnold
Listing courtesy of Kay C Blanchard of Beachy Beach Real Estate



Listing information is provided by Participants of the Central Panhandle Association of REALTORS MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Central Panhandle Association of REALTORS MLS.
Last checked: 2026-05-06 07:13 PM UTC

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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