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Six-Unit Beachside Motel
For Sale
$2,900,000

8524 Surf Drive, Panama City Beach, FL 32408

Commercial for Sale, Panama City Beach, FL

Property SizeContact for details
Lot Size0.50 Acres
Days on Market160

Property Features for 8524 Surf Drive

General Information

Property type Commercial Sale
Property subtype Other
Directions From Thomas Drive, turn south on Bonita Street. Turn right onto Surf Drive. Property is on the right.
Subdivision 27 - Bay County
Standard status Active
APN 30446-010-000
Lot size 0.50 Acres

Taxes and HOA fees

Tax Description BEL AIR 1ST ADDLOT 10 LESS S 70' AND LOTS11 & 12
Legal Description BEL AIR 1ST ADDLOT 10 LESS S 70' AND LOTS11 & 12
Listing Agency: Beachy Beach Real Estate
Listed By: Karen K Smith · License #3102215
Added: Apr 6 Changed: Sep 11 Last Checked: Sep 12 at 2:06PM
MLS# 1010034

Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This six-unit motel is located at 8524 Surf Drive in Panama City Beach and is currently operating as a furnished lodging business. The property includes a beach view from the north side of Surf Drive, with guest access to the beach just steps away. Its coastal setting also places dining, entertainment, and local attractions within walking distance.

The site is in a high-intensity zoning area and combines an operating hospitality use with land that may support future changes to the existing property. The current improvements provide an established lodging configuration, while the location supports continued use as a motel or bed-and-breakfast property.

Key Highlights

  • Six‑unit motel at 8524 Surf Drive, Panama City Beach, FL 32408
  • Beach access located just steps from the property
  • Beach view from the north side of Surf Drive

Property Analytics

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Current Use

Motels

Suggested Use

Top Pick Building Supply Auto Repair Shop Dental Office Law Firm Big Box & Wholesale Store Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

436
Businesses Nearby
Well-served
Demand for This Use

Demographics for 32408, FL

17,479
Population
17,018
Households
1
Avg Household Size
48
Median Age
39%
College-Educated
96%
High-School Grad
8.6 sq mi
ZIP Area
2,032
Density / Sq Mi
$72,322
Median Household Income
$42,749
Median Earnings
$1,453
Median Rent
$352,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Similar Off Market Nearby

  • The Sand Castle 7031 Thomas Dr, Panama City Beach, FL 32408
  • Sandy Feet Retreat 4125 Nancee Dr, Panama City, FL 32408
  • Casa Palmera 4120 Danny Dr, Panama City Beach, FL 32408
  • Castle by the Sea 4123 Nancee Dr, Panama City Beach, FL 32408
  • Vacation Panama City Beach Rentals | Panama City Beach Condominium 7205 Thomas Dr E1404, Panama City, FL 32408

Frequently Asked Questions

What type of property is this?
Motel - Furnished lodging property with beach access and a walkable coastal setting near dining, entertainment, and local attractions.
Where is this motel located?
The property is located at 8524 Surf Drive Panama City Beach, FL.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: Six‑unit motel at 8524 Surf Drive, Panama City Beach, FL 32408; Beach access located just steps from the property; Beach view from the north side of Surf Drive
More about this property
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