239 E Beach Drive, Panama City, FL 32401

$2,800,000
Property Type: Commercial for Sale Square Footage: 2,859 Lot Size (sq. ft.): 29,621 Status: Sold
Current Price: $2,800,000 List Date: 2/14/2025 Last Modified: 7/29/2025

Overview

Description

'Bristol Harbor Marina' located in the heart of revitalized downtown Panama City, FL. This 49 slip passive income boutique marina presents a prime opportunity to own a thriving marina with excellent access to the Gulf, via nearby Saint Andrews Inlet. The marina features newer fixed piers, electrical, water, pump out at every slip, gated, security, commercial office and retail, parking, and outdoor covered pavilion. Its close proximity to revitalized downtown Panama City and convenient direct access to the pass and Gulf ensures a consistent demand for slip occupancy. Recognized as a 'Resilient Marina' by the Florida Department of Environmental Protection, Bristol Harbor boasts the highest ranking for environmental sustainability and resilience. The marina is home to several commercial and recreational charter operations, further enhancing its appeal and visibility. Buyers have the opportunity to expand the business further by increasing rates and focusing on long term commercial tents.

Listing Details MLS# 768827

Contract Info

List Price/SqFt
839.45
Sub-Type
Other

Location

Area
02 – Bay County – Central
Street #
239
Street Direction
E
Street Name
Beach
Street Suffix
Drive
State
FL
Zip Code
32401
County
Bay
Sub Area
0203 – Bay – Central SW
Subdivision
No Named Subdivision
Community/Resort
None
Waterfront
Yes
Parcel ID
19523-000-000
Elementary School
Cherry Street
Middle School
Jinks
High School
Bay
Directions
From Harrison Ave & Beach Drive, travel east towards the Cove. Bristol Harbor Marina is on the left hand/ north side of Beach Drive before crossing Massalina Bayou/ Tarpon Dock Bridge
Legal Description
Long legal description- Multiple upland parcel and submerged land lease

General Property Info

List Class
Commercial
Construction Status
Construction Complete
Acreage
0.68
SqFt Tot Bldg
2859
Year Built
1935

Status Change Info

Under Contract Date
2025-04-03
Sold Date
2025-07-24
Sold Price/SqFt
979.36
Sold Price/Acre
4117647.06

Listing Info, Tax and Legal

HOA Fee
No

Remarks & Misc

Remarks
'Bristol Harbor Marina' located in the heart of revitalized downtown Panama City, FL. This 49 slip passive income boutique marina presents a prime opportunity to own a thriving marina with excellent access to the Gulf, via nearby Saint Andrews Inlet. The marina features newer fixed piers, electrical, water, pump out at every slip, gated, security, commercial office and retail, parking, and outdoor covered pavilion. Its close proximity to revitalized downtown Panama City and convenient direct access to the pass and Gulf ensures a consistent demand for slip occupancy. Recognized as a 'Resilient Marina' by the Florida Department of Environmental Protection, Bristol Harbor boasts the highest ranking for environmental sustainability and resilience. The marina is home to several commercial and recreational charter operations, further enhancing its appeal and visibility. Buyers have the opportunity to expand the business further by increasing rates and focusing on long term commercial tents. In addition to the marina, this offering includes a recently renovated 3-suite office building on site. The offices are leased through 2025 providing additional cash flow.

More Information

Waterfront Type

Bayou w/ Gulf Access
Yes

Floors in Unit/Home

One
Yes

Property Features

Waterfront Type: Bayou w/ Gulf Access
Listing Office: Five Bridges Real Estate Services Co. LLC
Last Updated: July – 29 – 2025
Information deemed reliable but not guaranteed.