Bel Air 1st Add Homes with False Waterfront

Welcome to Bel Air 1st Addition, a hidden gem nestled in the heart of Panama City, Florida. This charming subdivision offers a unique blend of coastal living and suburban tranquility, making it an ideal choice for families, retirees, and anyone seeking a serene lifestyle.

Bel Air 1st Add. is renowned for its picturesque streets lined with beautiful homes, many of which boast stunning views of the nearby waterfront. While the homes in this community may not be directly on the water, they are strategically positioned to offer residents a glimpse of the serene waterscape that characterizes this vibrant area. The allure of false waterfront living allows homeowners to enjoy the ambiance of coastal life without the premium price tag associated with direct waterfront properties.

The community is conveniently located near a variety of amenities, including shopping centers, restaurants, and recreational parks, ensuring that residents have everything they need within easy reach. Families will appreciate the proximity to highly-rated schools, while outdoor enthusiasts can take advantage of the nearby beaches and nature trails, perfect for weekend adventures.

In Bel Air 1st Addition, you’ll find a warm and welcoming neighborhood atmosphere, where community events and social gatherings are encouraged. This is more than just a place to live; it’s a place to thrive and create lasting memories. Whether you’re looking for a cozy family home or a tranquil retreat, Bel Air 1st Add. offers the perfect backdrop for your next chapter. Come explore the possibilities and discover why so many are proud to call this charming subdivision home!

Newest Bel Air 1st Add Homes with False Waterfront

$2,900,000

788821 MLS

Embrace the charm of Old Florida with this rare 6-unit motel situated on over half an acre in one of the most desirable locations along Surf Drive. Rich in character and coastal appeal, this income-producing property offers a unique blend of nostalgia and modern potential. Exceptional Investment Opportunity in a Prime Beachfront Setting. Notably, it boasts the only beach view from the north side of Surf Drive--an unmatched feature that sets it apart. Currently operating as a turnkey business, this thriving Bed and Breakfast is fully furnished and well maintained, providing immediate income with strong demand driven by Panama City Beach's thriving tourism market. Guests enjoy convenient beach access just steps away, along with walkable proximity to dining, entertainment, and local attractions. The expansive lot and high-intensity zoning present exceptional redevelopment opportunities. Whether you envision expanding the existing footprint, creating a boutique lodging experience, or developing single-family or multi-family residences, the possibilities are wide open. With its prime location, steady rental potential, and rare development flexibility, this property is an outstanding opportunity for investors seeking both current cash flow and long-term upside in a highly sought-after coastal market.

8524 Surf Drive, Panama City

$4,000,000

771996 MLS

Exceptional Investment Opportunity in Prime Beachfront Location This commercial property, strategically zoned for high-intensity development, presents a rare chance to own a substantial parcel of land exceeding half an acre, situated directly across from the stunning beaches and the Gulf of Emerald Coast. The income-producing 11-unit inn, fully furnished and impeccably maintained, offers a unique opportunity for immediate cash flow and potential for expansion to 14 units, capitalizing on the area's high demand for accommodations. The property's expansive lot provides a canvas for redevelopment, allowing investors to explore various scenarios, including single-family residences, multi-family units, or a mix of both, thereby maximizing the potential for returns on investment. With its prime location and versatile zoning, this property is an investor's dream, offering endless possibilities for creative development and revenue generation. The property offers convenient beach Access, Providing an exceptional lifestyle. Its prime location give you easy access to a wide range of activities and amenities, all within walking distance. Enjoy swimming, sunbathing, and water sports on the pristine beaches, or explore the nearby parks and fresh water springs. The area is also known for its vibrant events calendar, featuring live music, festivals, and cultural events that attract tourists and locals alike. Studio units in Panama City Beach have consistently demonstrated exceptional performance, boasting some of the highest income potential and capitalization rates in the market. With its high tourist turnover and strong demand for short-term rentals, this property is poised to deliver significant returns on investment, making it an attractive opportunity for savvy investors seeking to capitalize on the area's growing popularity. This exceptional investment opportunity is not to be missed. Contact your preferred real estate agent today to schedule a tour and explore the vast potential of this remarkable property. We kindly request that guests not be disturbed. With its unparalleled location, income-generating potential, and endless possibilities for development, this property is sure to be a crown jewel in any investor's portfolio. Buyer to verify all information deemed important.

8614 Surf Drive, Panama City

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