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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

Listing courtesy of LPT Realty LLC.

$1,200,000
2 Beds ⋅ 3 Baths ⋅ 791636 MLS
Gulf Front 2 bedroom 3 full bath townhome. Park at your front door. No elevator to wait on. Walk in and go right out to the beach. The spacious family room with a nice deck is a great place for entertainment. Each of the upstairs bedrooms have their own bath. The full bath downstairs is a nice extra when you have company. This townhome is the perfect place to relax. Make an appointment to see it today.

7719 Surf Drive, Panama City

Listing courtesy of Counts Real Estate Group Inc.

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