On the Emerald Coast, gulf-front properties with documented short-term rental income north of $167,000 a year don't need an introduction. They need a showing.
This is 8011 Surf Drive, Unit A. Panama City Beach, FL. And it performs.
Sitting on the quiet east end of PCB -- away from the congestion of Pier Park but still close to everything that matters -- Surf Drive is the kind of address serious vacation rental investors look for and rarely find. Low traffic. Semi-private beach frontage. Direct Gulf of America views from three stories of private living space.
The property spans 3,076 heated square feet across three full floors. Five bedrooms. Five bathrooms. Multiple gulf-facing balconies on every level. A brand new hot tub. A 2-car garage. No shared amenities. No HOA fees cutting into your returns. No elevator banks full of strangers. Just a private Gulf of America beach house, ready to generate income from day one.
The rental history speaks for itself. This Panama City Beach investment property averaged $167,390 in annual gross revenue over the past four years -- with a peak year of $180,478. Already at $61,320 through May 2026, with the heart of summer rental season underway. The hot tub was replaced in late 2025, fully refreshing the asset ahead of its strongest season.
For the buyer who wants a Gulf of America beach house that doubles as a high-performing Emerald Coast short-term rental -- turn-key, no HOA, documented income, fairly priced -- this is it.
Schedule your private showing today.
For sale
$1,825,000
8011 Surf Dr #A, Panama City Beach, FL 32408
5beds
3,076sqft
Single Family Residence
Built in 2002
3,484 Square Feet Lot
$1,695,100 Zestimate®
$593/sqft
$-- HOA
What's special
Semi-private beach frontageFive bedroomsFive bathroomsBrand new hot tub
- 48 days |
- 471 |
- 21 |
Zillow last checked:
Listing updated:
Listed by:
Kevin Dehlinger 850-502-0674,
LPT Realty LLC
Source: CPAR,MLS#: 792400
Originating MLS: Central Panhandle Association of REALTORS
Originating MLS: Central Panhandle Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 5
Rooms
- Room types: Bedroom, Primary Bedroom
Primary bedroom
- Description: Gulf Front
- Level: Second
- Dimensions: 17 x 14.5
Bedroom
- Dimensions: 15 x 11
Bedroom
- Dimensions: 15 x 11
Bedroom
- Dimensions: 15 x 11
Bedroom
- Dimensions: 15 x 11
Heating
- Central, Electric
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Electric Oven, Electric Range, Electric Water Heater
Features
- Double Vanity, Separate Shower, Upper Level Primary
- Windows: Double Pane Windows
Interior area
- Total structure area: 3,076
- Total interior livable area: 3,076 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Features
- Levels: Three Or More
- Stories: 3
- Patio & porch: Balcony, Deck
- Exterior features: Covered Patio, Deck
- Has view: Yes
- View description: Gulf, Water
- Has water view: Yes
- Water view: Gulf,Water
- Waterfront features: Gulf
- Frontage length: 25
Lot
- Size: 3,484 Square Feet
- Dimensions: 25.0 ft x 150.0 ft
- Features: Paved
Details
- Parcel number: 30517000000
- Special conditions: Listed As-Is
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Mediterranean
- Property subtype: Single Family Residence
- Attached to another structure: Yes
Materials
- Stucco
- Roof: Metal
Condition
- New construction: No
- Year built: 2002
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Electricity Available
Community & HOA
Community
- Features: Short Term Rental Allowed
- Security: Fire Alarm
- Subdivision: Silver Sands Beach
HOA
- Has HOA: No
Location
- Region: Panama City Beach
Financial & listing details
- Price per square foot: $593/sqft
- Tax assessed value: $1,294,411
- Annual tax amount: $14,823
- Date on market: 7/9/2026
- Cumulative days on market: 48 days
- Electric utility on property: Yes
Estimated market value
$1,695,100
$1.61M - $1.78M
$5,264/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/9/2026 | Listed for sale | $1,825,000+182.9%$593/sqft |
Source:  CPAR #792400 Report a problem | ||
| 11/12/2002 | Sold | $645,000$210/sqft |
Source: Public Record Report a problem | ||
| 5/17/2002 | Sold | $645,000$210/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $14,823 +5.4% | $1,133,321 +10% |
| 2023 | $14,069 +24.4% | $1,030,292 +10% |
| 2022 | $11,311 | $936,629 |
| 2021 | -- | -- |
| 2020 | $9,859 +3.8% | $807,099 +5.1% |
| 2019 | $9,499 | $767,717 +7.9% |
| 2018 | $9,499 +6.2% | $711,610 +7.5% |
| 2017 | $8,947 +6.7% | $662,077 +2.5% |
| 2016 | $8,384 -1.6% | $646,221 +0.5% |
| 2015 | $8,524 | $642,864 -0.3% |
| 2014 | $8,524 | $644,508 -0.8% |
| 2013 | -- | $649,879 +0.4% |
| 2012 | -- | $647,124 -3% |
| 2011 | -- | $667,223 -10% |
| 2010 | -- | $741,304 -4.9% |
| 2009 | -- | $779,806 -12% |
| 2008 | -- | $886,547 -35.4% |
| 2007 | -- | $1,373,306 +8% |
| 2006 | -- | $1,271,292 +109.9% |
| 2005 | -- | $605,627 +23.4% |
| 2004 | -- | $490,644 |
| 2003 | -- | $490,644 +367.3% |
| 2002 | -- | $105,000 -80.2% |
| 2001 | -- | $530,540 +6.7% |
| 2000 | -- | $497,183 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Lower Grand Lagoon
Nearby schools
GreatSchools rating
- 9/10Patronis Elementary SchoolGrades: K-5Distance: 1.2 mi
- 7/10Surfside Middle SchoolGrades: PK-12Distance: 5.3 mi
- 4/10J.R. Arnold High SchoolGrades: 9-12Distance: 3.5 mi
Schools provided by the listing agent
- Elementary: Patronis
- Middle: Surfside
- High: Arnold
Source: CPAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
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