Property profile

8507 Surf Dr Panama City Beach, FL 32408

OFF-MARKET
Motels
Property ID
US18-2834028
8,051 SF 0.41 ac lot Built 1954
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Motels
Use group MOTEL
Year built 1954
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 8,051 SF
Lot 0.41 ac (17,990 SF)
Zoning code BC23
APN 30417-000-000
UPID US18-2834028

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hotel & Motel

Location

8507 Surf Dr Panama City Beach, FL 32408-4716
Panama City Beach metro Census 2605 PANAMA CITY-LYNN HAVEN, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$645k
CAP Approach CAP
$775k
Comparable Approach Comparable
$646k
Blend (final) Blend
$690k

Owner & transaction history

since 2022
3 recorded transactions
2022
Price N/A
2008
Price N/A
1969
Price N/A

Zoning & alternative use

BC23 · Panama City Beach, FL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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