8318 Surf Drive

Panama City, FL 32408
$699,000
1635 sqft | 4 beds | 2 baths | 0.13 acres | #762067

Description

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
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  • Interior Details
    • Interior Features
      • Interior:Breakfast Bar
    • Beds & Baths
      • Bedrooms:4
      • Bathrooms:2
      • Full Baths:2
  • Property Details
    • Property
      • Exterior materials:Outdoor Shower
    • Measurements
      • Acres:0.13
      • Square Feet:1635
  • Construction Details
    • Type & Style
      • Property type:Purchase
      • Style:Coastal
    • Condition
      • Year built:1960
    • Material information
      • Foundation:Slab
  • Utilities / Energy Details
    • Utility
      • Utility features:Electricity Connected, High Speed Internet Available, Sewer Connected, Trash Collection, Water Connected
  • Community and Neighborhood Details
    • Community
      • Subdivision:Bel Air
    • Location
      • Elementary School:Breakfast Point
      • Middle School:Breakfast Point
      • High School:Arnold
      • County:Bay
  • Financial Details
    • Pricing Details
      • Days on Market (Cumulative):1
      • Taxes annual:$3, 913
  • Other
    • Source
      • MLS #:762067

Location

Central Bay Realty and Property ManagementReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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