8221 Surf Drive, Panama City Beach, FL 32408 (MLS# 1002814)

8221 Surf Drive, Panama City Beach, FL 32408

$3,300,000

Virtual Tour

https://app.cloudpano.com/tours/_d6kvWK46?mls=1

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Property Type: Residential Bedrooms: 8 Baths: 8 Square Footage: 5,320 Status: Sold

Current Price: $3,300,000 List Date: 5/11/2026 Last Modified: 8/05/2026

Overview

Description

An exceptional Gulf-front investment opportunity where luxury meets income potential. With more than $330,000 in proven rental income in 2025. This stunning coastal property features four beautifully appointed two-bedroom units, offering a total of 8 bedrooms and 8 full bathrooms, all thoughtfully designed to maximize comfort, style, and revenue. Perfectly positioned directly on the Gulf, the property showcases breathtaking Panama City Beach sunsets and uninterrupted water views from private balconies for every unit, creating an unforgettable experience for guests and owners alike. A Gulf-front pool provides the ultimate setting for relaxation, while the pristine white sand beach is just steps away. Inside, each residence is finished with upscale coastal touches, including gorgeous white oak luxury vinyl plank flooring, open-concept kitchens, and striking shiplap ceilings that enhance the bright, airy atmosphere throughout. The layout of each unit is designed for both functionality and ... (Read more)

Supplements: per year, this property presents a rare opportunity to own a premier Gulf-front income-producing asset in one of Panama City Beach's most desirable locations. Whether you're expanding your portfolio or seeking a luxury coastal retreat with exceptional returns, this one-of-a-kind property delivers the perfect blend of location, lifestyle, and long-t ... (Read more)

Listing Details MLS# 1002814

Status Change Info

Under Contract Date: 2026-07-09
Sold Date: 2026-07-31
Sold Price/SqFt: 620.3

Contract Info

List Price/SqFt: 657.89
Listing Board: Emerald Coast

Location Tax and Legal

Area: 27 - Bay County
Street #: 8221
Street Name: Surf
Street Suffix: Drive
State: FL
Zip Code: 32408
County: Bay
Project Name/Subdivision: Sugar Shack Condo
Parcel ID: 30235-201-000

General Property Info

Sub-Type: Detached Single Family
Design: Beach House
Apx SqFt(Htd/Cooled): 5320
SqFt Source: County PA Records
Full Baths: 8
Total Bathrooms: 8
# Stories: 2
Year Built: 1999
Garage: No
Carport: Yes
Carport Spaces: 3
Covered Spaces: 3
Street Spaces: 4
Pool: Yes
Pool Type: Private

Waterfront

Waterfront Feet: 50

More Information

Property Features

Construction Status: Construction Complete Lot Features: Within 1/2 Mile to Water Zoning: Resid Single Family Waterfront: Gulf; Shore - Beach Waterview: Gulf Parking Features: Carport Attached Project Facilities: Beach; Picnic Area; Pool; Short Term Rental - Allowed Exterior: Balcony; BBQ Pit/Grill; Pool - Gunite Concrt; Pool - In-Ground Interior: Breakfast Bar; Furnished - All Appliances: Dishwasher; Dryer; Microwave; Refrigerator; Smoke Detector Utilities: Electric; Public Sewer; Public Water Energy: AC - Central Elect; Ceiling Fans; Water Heater - Elect Bedroom: First; Second Rooms: Bedroom; Great Room Financing: Conventional

Room Information

Room Name	Level	Dimensions	Length	Width	Remarks
Bedroom	First	15 x 15	15.00	15.00	Buyer to verify
Bedroom	First	15 x 15	15.00	15.00	Buyer to verify
Bedroom	First	15 x 15	15.00	15.00	Buyer to verify
Bedroom	First	15 x 15	15.00	15.00	Buyer to verify
Bedroom	Second	15 x 15	15.00	15.00	Buyer to verify
Bedroom	Second	15 x 15	15.00	15.00	Buyer to verify
Bedroom	Second	15 x 15	15.00	15.00	Buyer to verify
Bedroom	Second	15 x 15	15.00	15.00	Buyer to verify
Great Room	First	20 x 20	20.00	20.00	buyer to verify
Great Room	Second	20 x 20	20.00	20.00	buyer to verify

Listing Office: Keller Williams Success Realty

Last Updated: August - 05 - 2026

All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.