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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.

$349,900
2 Beds ⋅ 2 Baths ⋅ 788923 MLS
***NO HOA, VERY CLOSE (1-BLOCK AWAY) TO THE GULF OF AMERICA*** Welcome home to SILVER SANDS BEACH resort community -- your forever dream home and/or incredible SHORT-TERM rental INVESTMENT opportunity located just 1-block from the white sandy beaches! Just a short walk to the gulf breezes, emerald-blue waters, wild sea oats, and coastal sand dunes of the GULF of AMERICA! Your vacation destination paradise awaits with plenty of family friendly entertainment venues, sports bar & grills, seafood restaurants & the amazing ST. ANDREWS STATE PARK -- take your golf cart for a brief but peaceful ride down Thomas Drive! ***HOME FEATURES*** Upon entry to this spacious 2BR/1.5BA home, you will be impressed with open floor plan with the high-quality Tile flooring throughout the entire lower level! The large spacious Living Room has easy sliding glass doors to access the private backyard patio with enclosed white vinyl fencing for private enjoyment! Plenty of room to host & entertain your family and friends! The beautiful kitchen area comes with an inviting breakfast coffee bar connected to the adjacent dining room. The large Master Bedroom features an adjacent bonus room perfect to accommodate another sleeper option (sleeps 2). ***INVESTOR ALERT*** Perfect vacation home for large families (Sleeps 8 Total) -- Master Bedroom with Bonus Room (Sleeps 4), Guest Bedroom (Sleeps 2), Sleeper Sofa (Sleeps 2). ***IMPROVEMENTS*** Architecture Shingle Roof (2014), HVAC System (2019), Water Heater (2019), Sliding Glass Doors (2024), Tile Flooring entire 1st floor, White Vinyl Fencing (2014), 4-Point Inspection (2022) - certified Roof, Plumbing, Electrical, and HVAC System. Pride in Ownership: Freshly painted throughout (2026) to maintain structural integrity & preservation -- interior walls, ceiling, and trim; exterior paint on stucco, walls, trim, front & back patio concrete! Well-maintained and turn-key ready home! No need to look any further, welcome home!

8015 Beach Drive, Panama City

Listing courtesy of EXP Realty LLC.

$1,745,000
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

Listing courtesy of Blue Swell Realty.