See all 4 photos
$2,400,000
Est. payment /mo
0.68 Acres Lot
Active Under Contract
239 E Beach DR Panama City, FL 32401
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Key Details
Property Type Commercial
Sub Type Other
Listing Status Active Under Contract
Purchase Type For Sale
Subdivision No Named Subdivision
MLS Listing ID 768827
HOA Y/N No
Year Built 1935
Lot Size 0.680 Acres
Acres 0.68
Property Sub-Type Other
Property Description
'Bristol Harbor Marina' located in the heart of revitalized downtown Panama City, FL. This 49 slip passive income boutique marina presents a prime opportunity to own a thriving marina with excellent access to the Gulf, via nearby Saint Andrews Inlet. The marina features newer fixed piers, electrical, water, pump out at every slip, gated, security, commercial office and retail, parking, and outdoor covered pavilion. Its close proximity to revitalized downtown Panama City and convenient direct access to the pass and Gulf ensures a consistent demand for slip occupancy. Recognized as a 'Resilient Marina' by the Florida Department of Environmental Protection, Bristol Harbor boasts the highest ranking for environmental sustainability and resilience. The marina is home to several commercial and recreational charter operations, further enhancing its appeal and visibility. Buyers have the opportunity to expand the business further by increasing rates and focusing on long term commercial tents. In addition to the marina, this offering includes a recently renovated 3-suite office building on site. The offices are leased through 2025 providing additional cash flow.
Location
State FL
County Bay
Area 02 - Bay County - Central
Interior
Fireplace No
Exterior
Waterfront Description Bayou,Gulf Access
Water Access Desc Bayou,Gulf Access
Building
Entry Level One
Level or Stories One
Schools
Elementary Schools Cherry Street
Middle Schools Jinks
High Schools Bay
Others
Tax ID 19523-000-000
Listed by Five Bridges Real Estate Services Co. LLC
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