Six-Unit Motel Near
For Sale
$2,900,000
8524 Surf Drive, Panama City, FL 32408
CommercialSale, Panama City, FL
Property Size4,740 SF
Lot Size0.50 Acres
Price / SF$611.81
Days on Market186
Property Features for 8524 Surf Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Resid Multi-Family
Subdivision
Bel Air 1st Add
Lot features
Cleared, Level
Elementary school
Breakfast Point
Middle school
Breakfast Point
High school
Arnold
Directions
From Thomas Drive, turn south on Bonita Street. Turn right onto Surf Drive. Property is on the right.
Standard status
Active
APN
30446-010-000
Size
4,740 SF
Lot size
0.50 Acres
Taxes and HOA fees
Tax Description
BEL AIR 1ST ADD LOT 10 LESS S 70' AND LOTS 11 & 12 BLK A ORB 4574 P 21
Legal Description
BEL AIR 1ST ADD LOT 10 LESS S 70' AND LOTS 11 & 12 BLK A ORB 4574 P 21
Utilities
Heating system
Electric (Heating), Central
Building Details
Year built
1962
Floors in Building
2
Building materials
Stucco
Roof type
Shingle
Additional Structures
Outbuilding
Listing Agency:
Beachy Beach Real Estate
(850) 233-4351
Listed By:
Kay C Blanchard
(850) 960-8577
Added: Apr 6
Changed: Sep 22
Last Checked: Oct 8 at 10:06PM
MLS# 788821
Copyright © 2026 Central Panhandle 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 provides 4,740 square feet of lodging space on a 0.5-acre parcel at 8524 Surf Drive in Panama City. Built in 1962, the property features stucco construction, a shingle roof, electric heating, and central heating. It is currently furnished and operating as a lodging business.
Beach access is located steps from the property, with dining, entertainment, and local attractions within walking distance. The site is identified as high-intensity zoning and includes a beach view from the north side of Surf Drive. Its configuration combines an operating motel with a substantial parcel and a coastal setting.
Beach access is located steps from the property, with dining, entertainment, and local attractions within walking distance. The site is identified as high-intensity zoning and includes a beach view from the north side of Surf Drive. Its configuration combines an operating motel with a substantial parcel and a coastal setting.
Key Highlights
- Six‑unit motel with 4,740 square feet of property size
- 0.5‑acre parcel at 8524 Surf Drive, Panama City, FL 32408
- Beach access located steps from the property
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
436
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
View Realmo Analytics
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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 stucco construction, central electric heating, and convenient access to the beach.
Where is this motel located?
The property is located at 8524 Surf Drive Panama City, 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 with 4,740 square feet of property size; 0.5‑acre parcel at 8524 Surf Drive, Panama City, FL 32408; Beach access located steps from the property
