Sold
Closed
1654 E 5th Street
Panama City FL, 32401
$6,200,000
$138.70 per sqft
Sold
Closed
44,700 sqft
Commercial
Built in 2016
UNDER CONTRACT! TAKING BACKUP OFFERS. Take a look at this like new beautiful full service - turn key Upscale Marina for sale in the Bay County Panama City Florida area. Marina was fully constructed in 2016 and consist of a 44,228 square foot barn for inside storage capacity of up to 240 boats and 2 Taylor boat forklifts. The barn has 3 rows and can easily accommodate a 32 ft boat. Marina is on a 2.5 acre parcel for additional growth such as an outdoor . restaurant, service department etc. The outside wet slips consist of 15 and accommodation of long term rental or transit. On the premises is a large Tiki bar, kitchen. Take a dip on the pristine pool after a long day of fishing.. Fuel depot on site, gift and bait shop and a large 1800 square foot office. On the second floor of the storage barn is a beautiful one bedroom one bath apartment overlooking the Bayou and Marina. An outdoor open air pavilion, 2 ice machines, 2 freezers, 11 courtesy racks, fish cleaning station and two additional large piers. This is the only inside storage facility in the inner city of Panama City Florida with an estimated population of around 150,000. New city public boat ramp being constructed two parcels down which will increase the fuel/bait sales and additional inside storage. Bank appraisal accomplished in 2019 and available with proper buyer credentials. This will give a potential qualified buyer the actual value of the marina going back to 2019. Centrally located near restaurants and 5 minutes from downtown Panama City. Easy access to the Gulf. Will consider Seller Financing with substantial down.
748690
MLSⓇ ID
November 2, 2023
Listed
November 22, 2024
Updated
Map
1654 E 5th Street
Panama City FL, 32401
Interior Features
Total Stories
2
Floor Description
Concrete
Fireplace
No
Cooling
Yes
Cooling Description
Central Air, Ceiling Fan(s), Electric
Heating
Yes
Heating Description
Central, Electric
Exterior/Building Features
Lot Size
2.86 Acres
Roof
Metal, Vented
School Information
High School
Bay
Elementary School
Cherry Street
Other Property Details
Area Name
02 - Bay County - Central
Days on Market
2
Garage
No
View
Yes
View Description
Bayou
County
Bay
Pool
No
Waterfront
Yes
Listing History
Date | Event | Price |
---|---|---|
10/30/2024 | Sold | $6,200,000 |
8/24/2024 | Pending | — |
Courtesy of Coastal Sun Realty LLC, Marco Cooper,
Listing Contact: (850) 832-1266
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Karen McCauley shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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