6327 Big Daddy Drive, Panama City Beach, FL 32408

$4,020,000
Property Type: Commercial for Sale Square Footage: 45,000 Lot Size (sq. ft.): 83,635 Status: Sold
Current Price: $4,020,000 List Date: 6/21/2023 Last Modified: 10/04/2024

Overview

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 enter

Listing Details MLS# 742942

Contract Info

List Price/SqFt
97.33
Sub-Type
Income Producing

Location

Area
03 – Bay County – Beach
Street #
6327
Street Name
Big Daddy
Street Suffix
Drive
State
FL
Zip Code
32408
County
Bay
Sub Area
0319 – Beach – East
Business Name
Bayside Marina
Subdivision
Bayside Park U-1
Community/Resort
None
Waterfront
Yes
Parcel ID
27344-099-000
Elementary School
Breakfast Point
Middle School
Breakfast Point
High School
Arnold
Directions
From Intersection of U.S. Highway 90/Thomas Drive, Take a right at end of bridge Near Taco Bell. Stay on right which is Wildwood Driver. Stay on Wildwood to end of road and it will turn into Big Daddy Drive, The Marina is on the right.
Legal Description
BAYSIDE PARK UNIT 1 PCL LYING EAST OF BLK A & W OF BLK C 422' ON BIG DADDY DRIVE (4.099) BLK A ORB 2036 P 1594 ORB 2063 P 189

General Property Info

List Class
Commercial
Immediate Occupancy
Yes
Construction Status
Construction Complete
Site Dimensions
422 X 230
Acreage
1.92
Frontage Ft
240
Lot Depth
230
SqFt – Warehouse
44100
SqFt Tot Bldg
45000
Year Built
1972

Status Change Info

Under Contract Date
2023-08-16
Sold Date
2023-10-10
Sold Price/SqFt
89.33
Sold Price/Acre
2093750

Income Producing

Year Built
1972
Building SqFt
45000

Office

Year Built
1972

More Information

Waterfront Feature

Waterfront Feet
245

Listing Info, Tax and Legal

HOA Fee
No

Remarks & Misc

Remarks
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.

Construction/Siding

Clear Span
Yes
Floor – Concrete
Yes
Foundation – Slab on Grade
Yes
Steel/Frame
Yes
Roof – Metal
Yes
Siding – Metal
Yes

Energy

AC – Central Elect
Yes
Heat – Central Electric
Yes
Water Heater – Electric
Yes

Financing

Cash
Yes
Conventional
Yes
Seller Financing
Yes

Present Zoning

General Commercial
Yes
Resid Multi-Family
Yes

Association Amenities

Boat Launch
Yes
Dock
Yes
Marina
Yes
Retail Shops
Yes
Security-24 hour
Yes
Waterfront
Yes

Utilities

All Utilities
Yes
Electricity – Connected
Yes
Electric 220/240
Yes

Waterview

Bayou
Yes
Lagoon
Yes

Waterfront Type

Bayou w/ Gulf Access
Yes
Lagoon/Estuary
Yes

Business/Property

Bus Est Five or More Yrs
Yes
Display Windows
Yes
Freestanding Building
Yes
Furnished – All
Yes
Handicapped Access
Yes
Kitchen Area
Yes
Living Quarters
Yes
Office Area
Yes
Restrooms – Private
Yes
Sign
Yes

Floors in Unit/Home

One
Yes

Heating/Cooling

AC – Central
Yes

Offering Type

Business Name
Yes
Real Estate
Yes
Sale Only
Yes
Trade Name
Yes
Other – See Remarks
Yes

Pricing Type

Sale Price
Yes

Site Description

Aerials Available
Yes

Transport. Access

2-Lane
Yes
Paved
Yes

Property Features

Energy: AC – Central Elect; Heat – Central Electric; Water Heater – Electric Financing: Cash; Conventional; Seller Financing Offering Type: Business Name; Real Estate; Sale Only; Trade Name; Other – See Remarks Pricing Type: Sale Price Present Zoning: General Commercial; Resid Multi-Family Site Description: Aerials Available Utilities: All Utilities; Electricity – Connected; Electric 220/240 Waterfront Type: Bayou w/ Gulf Access; Lagoon/Estuary Waterview: Bayou; Lagoon
Listing Office: Coastal Sun Realty LLC
Last Updated: October – 04 – 2024
Information deemed reliable but not guaranteed.