INVESTMENT OPPERTUNITY FOR SALE: PRIME GULF-FRONT BEACH COTTAGE - PANAMA CITY BEACH, FL - DON'T MISS OUT! YEARLY REVENUE PROJECTIONS ARE AT 80K PLUS!
This is a once-in-a-lifetime opportunity to own a piece of paradise directly across from the Gulf of Mexico on the highly sought-after Surf Drive in Panama City Beach, FL. This 4-bedroom, 2-bathroom beach cottage is ready for you to move in or rent out immediately - the choice is yours! Situated right across from the sparkling waters of the Gulf of Mexico, Direct access to the pristine sandy beaches that make Panama City Beach a top destination. Sits between Beach access 19 and 20 in the Bel Air subdivision. The massive, sun deck is perfect for entertaining, sunbathing, or simply soaking in the Peak a Boo view of the Gulf, this outdoor space adds significant value and appeal, making it a standout feature in the area. With four generously sized bedrooms and two bathrooms, this cottage provides ample space for family living or vacation rental income. The open-concept design flows seamlessly, creating an inviting atmosphere for all. Turnkey Condition - This home is move-in ready with updated including LVP, Quartz breakfast bar, and modern appliances. Roof was put on in 2018 with self sufficient solar panels, AC and Water heater 2023.
Income Potential: Whether you're looking for a family getaway or an investment property, this beach cottage offers incredible rental potential. Located in one of the most desirable spots in Panama City Beach, you can expect high occupancy rates and strong returns.
ACT FAST - This Property Won't Last Long!
Properties like this don't come around often. If you've been dreaming of owning a beachfront property, now is the time to act. This beach cottage is priced to sell and won't stay on the market for long. Contact us today to schedule a private showing and make this dream home yours before someone else does!
CALL NOW - DON'T LET THIS SLIP AWAY!
SEE FLOOR PLAN UNDER PICTURES
Sold for $685,000
$685,000
8318 Surf Dr, Panama City Beach, FL 32408
4beds
1,635sqft
Single Family Residence
Built in 1960
5,662 Square Feet Lot
$672,700 Zestimate®
$419/sqft
$2,567 Estimated rent
Home value
$672,700
$626,000 - $720,000
$2,567/mo
Zestimate® history
Owner options
List your home for rent
$2,567/mo
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$2,567/mo
Rent Zestimate®
Refinance and save
$4,391/mo
Est. payment
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$4,391/mo
Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Mary L Tisdale 850-866-8867,
Keller Williams Realty Emerald
Bought with:
Mike S Herring, 3256219
Keller Williams Realty Emerald
Source: CPAR,MLS#: 762067
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Bedroom, Family Room, Kitchen
Bedroom
- Description: SEE FLOOR PLAN
- Level: First
- Dimensions: 17 x 11
Bedroom
- Description: SEE FLOOR PLAN
- Level: First
- Dimensions: 12 x 11
Family room
- Description: SEE FLOOR PLAN
- Level: First
- Dimensions: 20.2 x 13.2
Kitchen
- Description: SEE FLOOR PLAN
- Level: First
- Dimensions: 11.2 x 13.4
Heating
- Central, Electric
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Electric Oven, Electric Range, Electric Water Heater
Features
- Flooring: Luxury Vinyl Plank
Interior area
- Total structure area: 1,635
- Total interior livable area: 1,635 sqft
Property
Features
- Patio & porch: Deck, Covered, Patio
- Exterior features: Deck, Outdoor Shower
Lot
- Size: 5,662 Square Feet
- Dimensions: 50 x 110
Details
- Parcel number: 30368000000
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Coastal
- Property subtype: Single Family Residence
Materials
- Brick, HardiPlank Type
Condition
- New construction: No
- Year built: 1960
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Electricity Available, High Speed Internet Available, Water Connected
Community & HOA
Community
- Features: Short Term Rental Allowed
- Subdivision: Bel Air
HOA
- Has HOA: No
Location
- Region: Panama City Beach
Financial & listing details
- Price per square foot: $419/sqft
- Tax assessed value: $388,117
- Annual tax amount: $3,913
- Date on market: 8/31/2024
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 10/15/2024 | Sold | $685,000-2%$419/sqft |
Source:  CPAR #762067 Report a problem | ||
| 9/5/2024 | Pending sale | $699,000$428/sqft |
Source: CPAR #762067 Report a problem | ||
| 8/31/2024 | Listed for sale | $699,000+74.8%$428/sqft |
Source: CPAR #762067 Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 2/13/2018 | Sold | $400,000-5.9%$245/sqft |
Source: Public Record Report a problem | ||
| 1/13/2018 | Pending sale | $425,000$260/sqft |
Source: Owner Report a problem | ||
| 10/26/2017 | Listed for sale | $425,000-15%$260/sqft |
Source: Owner Report a problem | ||
| 6/28/2017 | Listing removed | $499,800$306/sqft |
Source: CENTURY 21 Blue Marlin #764623 Report a problem | ||
| 12/5/2016 | Listed for sale | $499,800+114.5%$306/sqft |
Source: CENTURY 21 Blue Marlin #764623 Report a problem | ||
| 10/8/2009 | Sold | $233,000-74.1%$143/sqft |
Source: Public Record Report a problem | ||
| 5/4/2008 | Listing removed | $899,000$550/sqft |
Source: NCI #470851 Report a problem | ||
| 3/6/2008 | Listed for sale | $899,000$550/sqft |
Source: NCI #470851 Report a problem | ||
| 2/3/2008 | Listing removed | $899,000$550/sqft |
Source: eWebEngine #373758 Report a problem | ||
| 11/16/2007 | Listed for sale | $899,000$550/sqft |
Source: eWebEngine #373758 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,111 +5.1% | $288,036 +10% |
| 2023 | $3,913 +40.1% | $261,851 +10% |
| 2022 | $2,793 | $238,046 |
| 2021 | -- | -- |
| 2020 | $2,846 -6.4% | $230,640 -5.3% |
| 2019 | $3,042 | $243,634 +28.8% |
| 2018 | $3,042 +23.2% | $189,176 +10% |
| 2017 | $2,470 +11.9% | $171,978 -0.3% |
| 2016 | $2,207 -4.9% | $172,448 -0.3% |
| 2015 | $2,322 | $172,917 -1.5% |
| 2014 | $2,322 | $175,528 -2% |
| 2013 | -- | $179,081 -4.2% |
| 2012 | -- | $186,951 +8.2% |
| 2011 | -- | $172,789 -6.2% |
| 2010 | -- | $184,281 -20.9% |
| 2009 | -- | $232,917 -38% |
| 2008 | -- | $375,451 -20.3% |
| 2007 | -- | $471,290 +42% |
| 2006 | -- | $331,788 +105.7% |
| 2005 | -- | $161,307 +129.5% |
| 2004 | -- | $70,276 +8.5% |
| 2003 | -- | $64,750 +5.4% |
| 2002 | -- | $61,434 |
| 2001 | -- | $61,434 +8.7% |
| 2000 | -- | $56,518 |
Find assessor info on the county website
Neighborhood: Lower Grand Lagoon
Nearby homes
- $30,0007 bd7 ba4.5k sqft8320 Surf Dr, Panama City Beach, FL 32408For Rent
- $2,138,9067,501 Square Feet8327 Surf Dr #B, Panama City Beach, FL 32408Off Market
- $--7,501 Square Feet8327 Surf Dr, Panama City Beach, FL 32408Off Market
- $2,244,1987,501 Square Feet8323 Surf Dr, Panama City Beach, FL 32408Off Market
- $425,5007,501 Square Feet8319 Surf Dr, Panama City Beach, FL 32408Off Market
- $3,039,5007 bd8 ba3.8k sqft8319 Surf Dr UNIT D, Panama City Beach, FL 32408Off Market
- $3,282,8007 bd8 ba4k sqft8319 Surf Dr #A, Panama City Beach, FL 32408Off Market
- $3,212,5007 bd7 ba4.6k sqft8319 Surf Dr #C, Panama City Beach, FL 32408Off Market
Nearby schools
GreatSchools rating
- 7/10Breakfast Point AcademyGrades: PK-8Distance: 2.5 mi
- 4/10J.R. Arnold High SchoolGrades: 9-12Distance: 3.3 mi
Schools provided by the listing agent
- Elementary: Breakfast Point
- Middle: Breakfast Point
- 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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