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Map
8301 Surf Drive
About This Property
This is an original Florida beach cottage that has so much history and wonderful memories. It was one of the first to be built on Surf Drive. It can certainly be used as is but needs updating.
Obviously, what makes this property so valuable is the fact that it is one of the largest gulf front lots in all of Panama City Beach.
It is located on the east end of PCB on Surf Drive. Surf Drive is one of the most sought after locations as 12 large gulf front homes have been built next to this property in the last 5 years or so.
IT IS WITHIN WALKING DISTANCE OF THE NEW WORLD FAMOUS TOOTSIES. It is less than 10 minutes to all of the marinas on Navy Blvd. St Andrewes State Park is only 5 miles away. This property is close to many restaurants, entertainment venues and golf courses.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 5, 2026 | Sold | ||
| Sold | |||
| Sep 19, 2026 | In contract | - | |
| In contract | |||
| May 26, 2026 | Listed by Lifes A Beach Real Estate, LLC | $2,000,000 | |
| Listed by Lifes A Beach Real Estate, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017