1654 E 5th Street

Panama City, FL 32401
$6,900,000
2.86 acres | #748690
Pending

Description

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.
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  • Property Details
    • Property
      • View:Bayou
    • Measurements
      • Acres:2.86
  • Construction Details
    • Type & Style
      • Property type:Purchase
    • Condition
      • Year built:2016
    • Material information
      • Foundation:Slab
  • Community and Neighborhood Details
    • Community
      • Subdivision:No Named Subdivision
    • Location
      • Elementary School:Cherry Street
      • Middle School:Jinks
      • High School:Bay
      • County:Bay
  • Financial Details
    • Pricing Details
      • Days on Market (Cumulative):296
  • Other
    • Source
      • MLS #:748690

Location

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Last Updated: . Source: CPAR

Listing Courtesy
Listing Agent: Marco Cooper
Listing Office: Coastal Sun Realty LLC

Listing Courtesy (Buyer)
Buyer's Agent: Marco Cooper

Central Bay Realty and Property ManagementReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00

Selling & Buying

About

Contact

    Account

    • Roy F Furst

      Licensed Real Estate Broker

      Central Bay Realty

      Phone: (850) 257-5016

      Email: centralbayrealestate@gmail.com
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      IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.