8221 Surf Drive, Panama City Beach, FL

$3,500,000

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8

Beds

8

Baths

5,320

Square feet

About 8221 Surf Drive

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.

Features of 8221 Surf Drive

MLS® # 1002814
Price $3,500,000
Bedrooms 8
Bathrooms 8.00
Full Baths 8
Square Footage 5,320
Year Built 1999
Type Residential
Sub-Type Detached Single Family
Style Beach House
Status Active

Community Information

Address 8221 Surf Drive
Area 27 - Bay County
Subdivision Sugar Shack Condo
City Panama City Beach
County Bay
State FL
Zip Code 32408

Amenities

Utilities Electric, Public Sewer, Public Water
Parking Attached Carport
View Gulf
Is Waterfront Yes
Waterfront Gulf, Shore - Beach
Has Pool Yes
Pool In Ground

Interior

Interior Features Breakfast Bar
Appliances Dishwasher, Dryer, Microwave, Refrigerator, Electric Water Heater
Cooling Central Air, Ceiling Fan(s)
# of Stories 2

Exterior

Exterior Features Outdoor Grill, Balcony, Pool - Gunite Concrt
Lot Description Within 1/2 Mile to Water
Roof Composite Shngl
Construction Siding Vinyl
Foundation Foundation On Piling

School Information

Elementary Patronis
Middle Surfside
High Arnold

Additional Information

Zoning Resid Single Family

Listing Details

OfficeKeller Williams Success Realty

Listing Map

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