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- LoopNet Team
239 E Beach Dr
Panama City, FL 32401
Bristol Harbor Marina (49-Slip Marina) · Specialty Property For Sale
·
912 SF
INVESTMENT HIGHLIGHTS
- 49-slip marina is fully occupied and has Resilient Marina status.
- Turn-key operation with low overhead costs.
- Offers a favorable Cap Rate and immediate cash flow.
- Historical vacancy stays below 2% with a long waitlist.
- Office building with 3 suites leased into 2025.
- Potential for expansion includes fuel, marina store, and boat rentals.
PROPERTY FACTS
| Property Type | Specialty | No. Stories | 1 |
| Property Subtype | Marina | Year Built/Renovated | 1948/2019 |
| Building Class | C | Tenancy | Single |
| Lot Size | 0.68 AC | Parking Ratio | 15.73/1,000 SF |
| Building Size | 912 SF | ||
| Zoning | DTD(PC) - DOWNTOWN DISTRICT-To encourage and promote economic growth and redevelopment downtown, higher residential density and non-residential intensities. | ||
| Property Type | Specialty |
| Property Subtype | Marina |
| Building Class | C |
| Lot Size | 0.68 AC |
| Building Size | 912 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1948/2019 |
| Tenancy | Single |
| Parking Ratio | 15.73/1,000 SF |
| Zoning | DTD(PC) - DOWNTOWN DISTRICT-To encourage and promote economic growth and redevelopment downtown, higher residential density and non-residential intensities. |
AMENITIES
- Waterfront
- Air Conditioning
ABOUT 239 E BEACH DR , PANAMA CITY, FL 32401
This cozy 49-slip marina, located in the heart of the newly revitalized downtown Panama City, Florida is the perfect size and income level for a single operator looking to retire to the coast and have an amazing adventure. A large operator looking to get a foothold on one of the most famous boating areas in the world will also find Bristol Harbor to be an excellent opportunity. Fishing, diving, and sailing charters operate from this very visible address (239 East Beach Drive). Fixed docks, a pump-out at every slip, wonderful amenities, free laundry, security cameras, gated entry and walking distance to everything in downtown Panama City make this facility an attractive destination for both long term and transient boaters. Not just a Clean Marina, Bristol Harbor is one of the only “Resilient Marinas” in the area as designated by the Florida Department of Environmental Protection. Resilient status is the FDEP’s highest ranking for a marina. One employee/owner can operate the entire facility. Current owners operate this marina from a distance keeping operational expenses to a minimum using only a contract cleaning crew and contract dock master. Zero employees. New owner could certainly increase income with expanded operations to include fuel, a marina store, boat rentals and more. In addition to the 49-slip marina this offering includes a three-suite office building on site (231, 233, & 235 E Beach Drive). The offices are newly renovated and fully leased into 2025 adding significant cashflow.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $58,313 | |
| Land Assessment | $339,940 | Total Assessment | $398,253 |
PROPERTY TAXES
