SURF · Panama City Beach, FL
8205 Surf Drive
Join the waitlist for SURF
Shares in 8205 Surf Drive aren't open for trading yet. Join the waitlist and we'll email you the moment this offering goes live.
- Shares
- 100
- Ownership
- 0.3179%
- Est. annual income
- $920
- Est. monthly income
- $76.67
Illustrative figures, not an offer to sell securities and not investment advice. Projected returns are not guaranteed and you can lose money.
$103.80
▲ $1.93 (1.89%) past year
0.00% since offering
Location
A gulf-front short-term rental on Surf Drive in Panama City Beach, steps from the sand and minutes from the pier. Income comes from nightly and weekly guest bookings rather than a single lease. 100% of the equity is listed.
Deal terms
Valuation
$3.15M
Cap rate
8.4%
Total shares
31,460
Listed for sale
100%
Shares offered
31,460
Shares remaining
31,460
Occupancy
74%
Built
2017
Rentable area
4k sqft
Annual net income
$0.26M
Investors
0
100% of this property is listed
The sponsor retains 0% and is offering 31,460 of 31,460 shares to investors.
0% subscribed
31,460 shares still available.
Where the income comes from
Guests book nightly rather than signing leases. A manager runs the property and the net cash flow is paid to shareholders monthly.
Peak season nightly bookings
4,100 sqft · lease through 2027
62%
Shoulder season nightly bookings
4,100 sqft · lease through 2027
27%
Monthly winter tenants
4,100 sqft · lease through 2027
11%
Yield calculator | 8205 Surf Drive
Enter an amount and drag the yield to see projected annual income. Target yields run 8–12%.
Annual income
$920
$76.67/mo
5-year income
$4,600
rent only; you still own the shares
Range at the target 8–12%
If the property sells
You also hold equity. When the property sells, you get your pro-rata share of the sale price on top of the rent you've already collected.
Your ownership
0.3179%
Payout at sale
$12,500
+$2,500 gain (+25.0%) on your investment
Sale payout is in addition to the rent income above. Both the rent and the gain are paid pro rata to your shares.
Illustrative estimate only. Income scales pro rata with your shares and is paid monthly. These figures are hypothetical, are not guaranteed, are not an offer to sell securities, and are not investment, tax, or legal advice. Rent, expenses, occupancy, and property values can change, shares are illiquid, and you can lose money, including your entire investment. A 0.5% platform fee applies to transactions and is not reflected above.