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:
$2,400,000
List Date:
2/14/2025
Last Modified:
7/29/2025
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. 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 MLS# 768827
Contract Info
List Price/SqFt: 839.45
List Date: 2025-02-14
List Price: $2,400,000
Current Price: $2,800,000
Sub-Type: Other
Location
Sub Area: 0203 – Bay – Central SW
Community/Resort: None
Waterfront: Yes
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
Area: 02 – Bay County – Central
Street #: 239
Street Direction: E
Street Name: Beach
Street Suffix: Drive
State: FL
Zip Code: 32401
County: Bay
Subdivision: No Named Subdivision
Parcel ID: 19523-000-000
Legal Description: Long legal description- Multiple upland parcel and submerged land lease
General Property Info
List Class: Commercial
Acreage: 0.68
Construction Status: Construction Complete
SqFt Tot Bldg: 2859
Year Built: 1935
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.
Status Change Info
Sold Price/SqFt: 979.36
Sold Price/Acre: 4117647.06
Status: Sold
Under Contract Date: 2025-04-03
Sold Date: 2025-07-24
Sold Price: $2,800,000
Waterfront Type
Bayou w/ Gulf Access: 1
Floors in Unit/Home
One: 1
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.