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.