$4,020,000
$4,380,000
8.2%For more information regarding the value of a property, please contact us for a free consultation.
1.92 Acres Lot
SOLD DATE : 10/10/2023
Key Details
Sold Price $4,020,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision Bayside Park U-1
MLS Listing ID 742942
Sold Date 10/10/23
HOA Y/N No
Year Built 1972
Lot Size 1.920 Acres
Acres 1.92
Property Description
Bayside Marina is a full-service marina tucked away in the quiet corner of St Andrew Bay/Panama City Beach, and just 7 miles from the Gulf of Mexico, The Marina is in a protected deep-water Lagoon and straight access to the Gulf. There are only 4 major marinas in the Panama City Beach area, and this is one of them and For Sale with Owner Financing if needed! Marinas for sale are on high demand and rare to be on the market. Marina incorporates a 45,000 square foot boat barn which can hold up to 105 boats as inside storage. You have 240 feet of water frontage including 15 Wet Slips, and a fuel dock. The outside dry storage across the street can hold up to 90 boats. This is a turnkey sale operation with 6 employees to include an On-Site Manager residing in the apartment. Diversified revenue stream with sales up 23% this year. The Marina is 100% occupied and with a waiting list. There is a strong local and out of area demand for storage and service. Seller is retiring and will entertain OWNER FINANCING WITH FLEXIBLE TERMS AND SUBSTANTIAL DOWN PAYMENT.
Location
State FL
County Bay
Community Boat Facilities, Dock, Marina, Shopping, Waterfront
Area 03 - Bay County - Beach
Interior
Heating Central, Electric
Cooling Central Air, Electric
Flooring Concrete
Fireplace No
Appliance Electric Water Heater
Exterior
Community Features Boat Facilities, Dock, Marina, Shopping, Waterfront
Utilities Available Electricity Available
Waterfront Yes
Waterfront Description Bayou,Gulf Access,Lagoon
View Y/N Yes
Water Access Desc Bayou,Gulf Access,Lagoon
View Bayou, Lagoon
Roof Type Metal
Building
Entry Level One
Foundation Slab
Level or Stories One
Additional Building Living Quarters
Schools
Elementary Schools Breakfast Point
Middle Schools Breakfast Point
High Schools Arnold
Others
Tax ID 27344-099-000
Security Features 24 Hour Security
Acceptable Financing Cash, Conventional, Owner May Carry
Listing Terms Cash, Conventional, Owner May Carry
Financing Cash
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