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Raigan Cannon
REALTOR®

8524 Surf Drive, Panama City Beach, FL 32408

$2,900,000
  • 8524 Surf Drive, Panama City Beach, FL 32408 Main Photo

103 Photos

Active
MLS#1010034
STATUSActive PROPERTY TYPECommercial - Business

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.

8524 Surf Drive | MLS# 1010034

This commercial property located at 8524 Surf Drive, Panama City Beach, FL 32408 is currently listed for sale with an asking price of $2,900,000. Search Panama City Beach real estate on rcannon.therealtyvault.com today.

Property Features

Property Type: Commercial - Business
Lot Size: 0.50 Acres

Feature Descriptions

Days on Site: 71
Lot Dimensions: 170x150
Parcel Number: 30446-010-000
Property Condition: Existing

Listed By / Shown By

Listed By

Agency Name: Beachy Beach Real Estate

Shown By

Agent Name: Raigan Cannon
Agent Phone: (817) 734-8317
Agency Title: The Realty Vault

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers 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 on this site was last updated 10/27/2026. The listing information on this page last changed on 10/27/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 10/27/2026 12:05:26 AM EST) or Pensacola MLS (last updated Tue 10/27/2026 12:04:09 AM EST) or Baldwin County MLS (last updated Tue 10/27/2026 12:01:13 AM EST) or Emerald Coast MLS (last updated Mon 10/26/2026 11:55:25 PM EST). Real estate listings held by brokerage firms other than The Realty Vault may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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