8614 Surf Drive

Panama City Beach, FL, 32408

$4,000,000

$517 per ft²
$4,000,000
$517 per ft²
Active
Active
 - For Sale
carpenters-square
7,723 ft²
property_type
Commercial
calendar
Built 1984
Zoned Commercial High Intensity. This is a great RARE opportunity to own over half and acre of land right across the street from the beach and the Gulf of Mexico. This is an income producing, 11 unit inn with ample room to expand to 15 units. This is a Turn key operation. This property includes 2 buildings and a pool! Property is currently open, operating, and is turn key for the next owner. Comes fully furnished. the possibilities are endless! You could also redevelop this property to single family residences or multifamily units on this large lot. Comparable Single family units averaging over $2 million per unit and rental projections of $200k+/year. Please do not bother the guests, Call for additional information and to setup a tour by appointment only.
MLS® ID:
737440
Listed:
2/8/23
Updated:
3/31/23

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Cooling
Central Air, Multi Units

Exterior/Building Features

Lot Size
0.52 acres lot

School Information

High School
Arnold
Middle/Jr High
Breakfast Point
Elementary School
Breakfast Point

Other Property Details

Area Name
03 - Bay County - Beach
Garage
No
Parking
N
View
Y
County
Bay
Pool
No
Total Stories
2

 

Courtesy of Think Real Estate, Dien Tran,
Listing Contact: (850) 774-3902 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Salty Marlin Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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