BEDS8
BATHS8 full
SQUARE FEET5,320
MLS#1002814
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONSugar Shack Condo
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.
Property Features
Property Type: Residential - Single Family
Cooling: Ceiling Fans, Central Air
Home Style: Beach House
Lot Size: 50'x136'x50'x136'
Stories: 2.0
Taxes: $6,282
Year Built: 1999
Feature Descriptions
Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Smoke Detector, Water Heater - Elect
Carport Spaces: 3
Community Features: Short Term Rental - Allowed, Beach, Picnic Area, Pool
Days on Site: 21
Exterior: Balcony, BBQ Pit/Grill, Pool - Gunite Concrt
Exterior: Siding Vinyl
Financing Terms: Conventional
Foundation: Foundation On Piling
Interior: Breakfast Bar
Lot: Within 1/2 Mile to Water
Lot Dimensions: 50'x136'x50'x136'
Parcel Number: 30235-201-000
Parking: Carport Attached
Pool Features: Pool - In-Ground, Pool Type
Property Condition: Construction Complete
Road Frontage: County Road
Road Surface: Paved
Rooms Total: 10
Sewer: Public Sewer
Special View Info: Gulf
Sub Type: Detached Single Family
Utilities: Electric, Public Water
Waterfront: Gulf, Shore - Beach
Local Schools
High School: Arnold
Middle School: Surfside
Elementary School: Patronis
Listed By / Shown By
Listed By
Agency Name: Keller Williams Success Realty
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0400
Estimate Your Payment
Estimated Payment
$ 9,333.82 per month $7,789.48 Principal & Interest $523.50 Property Tax $1,020.83 Homeowner's InsuranceChange Payment Information
8221 Surf Drive | MLS# 1002814
This single family home located at 8221 Surf Drive, Panama City Beach, FL 32408 is currently listed for sale with an asking price of $3,500,000. This property was built in 1999 and has 8 bedrooms and 8 full baths with 5320 sq. ft. Surf Drive is located in the Sugar Shack Condo subdivision. Search Sugar Shack Condo real estate on www.realtymark.net today.