1654 E 5th ST Pending Save Request In-Person Tour Request Virtual Tour
Panama City,FL 32401
Key Details
Property Type Commercial
Listing Status Pending
Purchase Type For Sale
Subdivision No Named Subdivision
MLS Listing ID 748690
Year Built 2016
Lot Size 2.860 Acres
Property Description
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.
Location
State FL
County Bay
Area 02 - Bay County - Central
Interior
Heating Central,Electric
Cooling Central Air,Ceiling Fan(s),Electric
Flooring Concrete
Exterior
Waterfront Yes
Waterfront Description Bayou,Gulf Access,Riparian Rights,Seawall
View Bayou
Roof Type Metal,Vented
Building
Foundation Slab
Schools
Elementary Schools Cherry Street
Middle Schools Jinks
High Schools Bay
Others
Acceptable Financing Cash,Conventional,Owner May Carry
Listing Terms Cash,Conventional,Owner May Carry