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$1,825,000
5 Beds 5 Baths 792400 MLS
On the Emerald Coast, gulf-front properties with documented short-term rental income north of $167,000 a year don't need an introduction. They need a showing. This is 8011 Surf Drive, Unit A. Panama City Beach, FL. And it performs. Sitting on the quiet east end of PCB -- away from the congestion of Pier Park but still close to everything that matters -- Surf Drive is the kind of address serious vacation rental investors look for and rarely find. Low traffic. Semi-private beach frontage. Direct Gulf of America views from three stories of private living space. The property spans 3,076 heated square feet across three full floors. Five bedrooms. Five bathrooms. Multiple gulf-facing balconies on every level. A brand new hot tub. A 2-car garage. No shared amenities. No HOA fees cutting into your returns. No elevator banks full of strangers. Just a private Gulf of America beach house, ready to generate income from day one. The rental history speaks for itself. This Panama City Beach investment property averaged $167,390 in annual gross revenue over the past four years -- with a peak year of $180,478. Already at $61,320 through May 2026, with the heart of summer rental season underway. The hot tub was replaced in late 2025, fully refreshing the asset ahead of its strongest season. For the buyer who wants a Gulf of America beach house that doubles as a high-performing Emerald Coast short-term rental -- turn-key, no HOA, documented income, fairly priced -- this is it. Schedule your private showing today.

8011 Surf Drive Unit A, Panama City Beach

$1,730,000
4 Beds 4 Baths 787149 MLS
HEATED POOL- STEPS TO BEACH Last years rental income in the high $90 and this year is on its way to over $100K Ideal as a beach rental or second home, this stunning property offers the perfect blend of comfort and coastal charm. Located just moments from beach access, it features a private fenced-in pool and two owner's suites for ultimate convenience. Upstairs, the primary owner's suite boasts balcony access, a tile shower, granite countertops, and a double vanity. The second level also includes a bunk room, two additional King-sized bedrooms, and a shared bath. Downstairs, the open-concept living and dining area creates a welcoming space for gatherings. The kitchen overlooks the living room and features granite countertops, a large island, stainless steel appliances, and crisp white cabinetry. The first-floor owner's suite provides added flexibility, while French doors lead from the living area to a covered patio, private pool, and outdoor shower—perfect for enjoying the coastal breeze. Don't miss out on this incredible beachside retreat!

4109 Choctaw Street, Panama City

Vendor Member Number : 28166