Commercial for Sale: 1654 E 5th, Panama City, FL 32401

$6,900,000
$6,900,000
1654 E 5th, Panama City, FL 32401
$6,900,000
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Price:
$6,900,000

Type Commercial
Year Built 2016

City Panama City
County Bay
Subdivision No Named Subdivision
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.

Lot & Building Features

Construction Materials Aluminum Siding
Cooling Ceiling Fans, Electric, Central Air
Heating Central, Electric

Community and Schools

Elementary School Cherry Street
Junior High School Jinks
Senior High School Bay

Map of 1654 5th, Panama City, FL

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1654 5th (MLS #748690) is a commercial listing located in Panama City, FL. This property was listed on 08/22/2024 and has been priced for sale at $6,900,000.

Nearby zip codes are 32404, 32405 and 32444. This property neighbors other cities such as Callaway, Lynn Haven, Parker and Springfield.

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

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