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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