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8221 Surf Dr Unit 1 & 2, Panama City Beach, FL, 32408

$3,499,999

8 Bedrooms
8 Full Baths
5,320 SqFt
$658/SqFt
House

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingCarport, Paved
Year Built1999
WaterfrontGulf, Sandy Shoreline
ViewGulf
Private PoolYes
MLS #763081
Lot Size0.08 Acres
StatusActive

About 8221 Surf Dr Unit 1 & 2

Listed at $650 a sq ft this property is the best priced beach house or gulf front town home in Panama City Beach. This stunning Gulf front has a ton of character and offers endless possibilities. This home sits on one of the nicest gulf front lots in PCB. With a little updating this home could be converted into a beautiful luxury beach house. This home has many options to provide a good return on your investment. Great first year rental numbers and bookings! Rental projections are $385k+ annually.

Property Details

Property Features

Property Information:

  • Architectural Style: Coastal
  • Year Built: 1999
  • Living Area: 5,320 SqFt

Listing Office:

  • Office Name: Beach Time Realty, Inc

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 8
  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Gulf, Sandy Shoreline
  • View: Gulf

Parking Information:

  • Parking: Carport, Paved

Lot Features

Lot Information:

  • Lot Size: 0.08 Acres

Other

Directions Information:

  • Directions: Directions: Head west on Thomas drive. Turn south on Cobia street then turn right on Surf Drive. The Property will be on your left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,499,999
  • Price Per SqFt: $658/SqFt
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Housing Market Comparison

See how this home compares to others in Panama City, FL.

Med. Sold Price

$339.4K

Med. Price/SqFt

$201

Avg. Days On Market

77

# of Sold Homes

194

8221 Surf Dr Unit 1 & 2 vs Panama City

51 DAYS ON ROCKET

-26 Days

$3,499,999

+$3.1M More

$658/SqFt

+$456 More

KEY TAKEAWAY

This property is $3.1M more than the Median Sold Price and $456/SqFt more than other homes in Panama City, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BCAR
  • MLS Number: #763081

Listing Office:

  • Office Name: Beach Time Realty, Inc

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2024 Central Panhandle Association of REALTORS.© All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 11:55:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$17.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$10.5K

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-471613
7
/10
  • Patronis Elementary School

  • 7400 Patronis Dr

  • 1.33 miles

  • Public District Grades KG-5

school-card-donut-471614
5
/10
  • Hutchison Beach Elementary School

  • 12900 Hutchison Blvd

  • 4.02 miles

  • Public District Grades KG-5

school-card-donut-471615
3
/10
  • Lucille Moore Elementary School

  • 1900 Michigan Ave

  • 4.84 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $73,465. Residents of Panama City, FL typically earn between $35k-100k each year. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8221 Surf Dr Unit 1 & 2

What is the listing price of this property?

The listing price of 8221 Surf Dr Unit 1 & 2 property is $3,499,999.

What type of property is this?

The property 8221 Surf Dr Unit 1 & 2 is a house located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Active Listing: 8221 Surf Dr Unit 1 & 2 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 8221 Surf Dr Unit 1 & 2 has 8 bedrooms and 8 bathrooms.

What is the square footage of this property?

The property 8221 Surf Dr Unit 1 & 2 is 5,320 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8221 Surf Dr Unit 1 & 2 is 1999.
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Rocket HomesFloridaBay CountyPanama City324088221 Surf Dr Unit 1 & 2

This home is located at 8221 Surf Dr Unit 1 & 2 in Panama City Beach, FL and zip code 32408 in the Bel Air neighborhood. This 5,320 square foot home, which was built in 1999, sits on a 0.08 acre lot. Features: 8 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since October 01, 2024 and is currently priced at $3,499,999.

Over 16 listings were sold over their listed price in October 2024 in Panama City, FL. In the same period over 138 listings were sold below the listed price and 40 listings were sold for the listed price. The number of homes for sale in Panama City, FL decreased by 1.7% between September 2024 and October 2024. While the average time on the market in October 2024 was 77 days, the median list price was $339,477.

From Rocket Homes Real Estate and based on county public records data.

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