About This Home

This 1-bedroom, 1-bathroom condo at 8618 Surf Drive #206 in Panama City Beach, FL is listed for $265,000 ($460 per sqft). Built in 1982, the home offers 576 sqft of living space on a N/A lot.

Key Features

  • Built in 1982
  • 2 stories
  • Waterfront

Property Details

2 stories
1 full
#206
1982

Amenities

WaterfrontA/C
Listing Description

Welcome to this charming, updated 1-bedroom, 1-bath condominium at Ocean Terrace Condominiums in Panama City Beach. Located in a low-density, two-story Gulf-side community, this beautifully maintained unit is just steps from the sugar-white sands and emerald waters of the Gulf of Mexico.

Inside, you'll find a tastefully updated kitchen featuring stainless steel appliances, a tile backsplash, updated cabinetry and countertops, as well as attractive plank tile flooring throughout. The bathroom has been updated with a beautifully tiled, glass-enclosed shower and vanity, adding a modern touch to the space.

A portion of the living area is currently being utilized as flexible space and is arranged as an additional sleeping area, providing added versatility for owners and guests. Community amenities include a Gulf-front swimming pool and a covered pavilion with picnic tables, offering the perfect spot to relax after a day at the beach.

The convenient location places you within walking distance of restaurants, shopping, and entertainment, while nearby St. Andrews State Park offers opportunities for boating, fishing, kayaking, hiking, and enjoying Florida's natural beauty. Whether you're looking for a vacation getaway, investment property, or your own beach retreat, this turn-key ready condo combines tasteful updates with an unbeatable location.

Monthly Cost Estimate

$2,839/mo

20% down · 6.5% · 30 years

Principal$192
Interest$1,148
Insurance$77
HOA$1,422

Estimates only. Actual payments may vary.

Location

8618 Surf Drive #206

Panama City Beach, FL 32408

Ocean Terr. Condo.

Features & Amenities

Interior Features

ShowerOnly

Property Details

Parking

Parking Lot

Heating

CentralElectric (Heating)

Cooling

Central AirCeiling Fan(s)

Appliances

ElectricRangeElectricWaterHeater

Questions & Answers

This 1-bedroom, 1-bathroom condo at 8618 Surf Drive is listed at $265,000 ($460/sqft). The estimated monthly payment is $2,839 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $1422/month.

Key features include: Built in 1982, 2 stories, Waterfront. Interior Features: ShowerOnly.

This property is listed by Darlene Tate.

DT

Darlene Tate

License 3234120

Agent at RC Real Estate Group

Listed by RC Real Estate Group · Broker phone: (850) 249-6100 · View on Broker Site · Broker website

MLS# 793610· Source: Central Panhandle Association of REALTORS· 85 days on PropertySimple

Copyright © 2026 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

8618 Surf Drive #206, Panama City Beach, FL 32408

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