8221 Surf Drive, Panama City, FL 32408
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Priced at Only: $3,500,000
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Address: 8221 Surf Drive, Panama City, FL 32408
Property Location and Similar Properties
- MLS#: 789630 ( Residential )
- Street Address: 8221 Surf Drive
- Viewed: 11
- Price: $3,500,000
- Price sqft: $658
- Waterfront: Yes
- Wateraccess: Yes
- Waterfront Type: Gulf,ShorelineSand
- Year Built: 1999
- Bldg sqft: 5320
- Bedrooms: 8
- Total Baths: 8
- Full Baths: 8
- Days On Market: 3
- Additional Information
- Geolocation: 30.1629 / -85.7847
- County: BAY
- City: Panama City
- Zipcode: 32408
- Subdivision: Sugar Shack Condo
- Elementary School: Patronis
- Middle School: Surfside
- High School: Arnold
- Provided by: Keller Williams Success Realty
- DMCA Notice
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DescriptionAn 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.
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Building and Construction
- Covered Spaces: 3.00
- Exterior Features: Deck, OutdoorShower
- Fencing: Partial
- Living Area: 0.00
- Roof: Composition, Shingle
Land Information
- Lot Features: Paved
School Information
- High School: Arnold
- Middle School: Surfside
- School Elementary: Patronis
Garage and Parking
- Garage Spaces: 0.00
- Open Parking Spaces: 0.00
- Parking Features: Gated
Eco-Communities
- Pool Features: Fenced, Gunite, InGround, Community, Private
Utilities
- Carport Spaces: 0.00
- Cooling: CentralAir, CeilingFans
- Heating: Central, Electric
- Sewer: PublicSewer
- Utilities: ElectricityAvailable
Finance and Tax Information
- Home Owners Association Fee: 0.00
- Insurance Expense: 0.00
- Net Operating Income: 0.00
- Other Expense: 0.00
- Pet Deposit: 0.00
- Security Deposit: 0.00
- Tax Year: 2025
- Trash Expense: 0.00
Other Features
- Appliances: WasherDryerStacked, ElectricCooktop, ElectricOven, ElectricRange, ElectricWaterHeater
- Interior Features: InteriorSteps
- Legal Description: SUGAR SHACK CONDO UNIT # 1 ORB 4466 P 1404 4BR 4B, SUGAR SHACK CONDO UNIT # 2 ORB 1901 P 1262 4BR 4B ORB 4466 P 1320
- Levels: Two
- Area Major: 03 - Bay County - Beach
- Occupant Type: Tenant
- Parcel Number: 30235-201-000
- Style: Coastal
- The Range: 0.00
- View: Gulf
- Views: 11
Nearby Subdivisions
[no Recorded Subdiv]
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Bay Point Unit 1
Bel Air
Biltmore Beach
Biltmore Beach 1st Add
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Grand Lagoon Shores 1
Grand Lagoon Shores 2
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Grand Lagoon Shores11
Grand Lagoon Villa
Greentree Unit-1
Gulf Lagoon Beach
Gulf Pines
Gulf Pines U-3
Hampton Harbor
Hidden Lagoon
Holiday Beach On The Gulf
Holiday Beach Unit 1
Holiday Beach Unit 13
Holiday Beach Unit 14
Holiday Beach Unit 16
Holiday Beach Unit 3
Holiday Beach Unit 4
Holiday Beach Unit 6
Holiday Beach Unit 8
Holiday Beach Unit 9
Lagoon Estates
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Legend Lakes
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Magnolia Beach 1st Add
Marlin Place
Martinique Phase Ii
Mimosa Place
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North Lagoon Oaks
Palm Bay Unit 4
Palm Bay Unit 5
Pelican Bay
Preserve On The Bay Ph I
Preserve On The Bay Ph Ii
Queensberry Ltd At Bay Point
Sanctuary Beach
Seaview Village
Silver Sands Beach
Silver Sands Unit 1
Silver Sands Unit 2
Sugar Shack Condo
Summerplace Townhouses
The Pines
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Treasure Cove Unit 2
Treasure Island
Venture Out Travel Trail
- Robert A. Pelletier Jr, REALTOR ®
- Tropic Shores Realty
- Mobile: 239.218.1565
- Mobile: 239.218.1565
- Fax: 352.503.4780
- robertsellsparadise@gmail.com


