6327 Big Daddy Drive
Panama City Beach, FL 32408
MLS# 742942
Status:
Sold45000 sqft
Property DescriptionBayside 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.
List Price/SqFt: 97.33
List Date: 2023-06-20
List Price: $4,380,000
Current Price: $4,020,000
Sub-Type: Income Producing
Sub Area: 0319 - Beach - East
Community/Resort: None
Waterfront: Yes
Business Name: Bayside Marina
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.
Area: 03 - Bay County - Beach
Street #: 6327
Street Name: Big Daddy
Street Suffix: Drive
County: Bay
Subdivision: Bayside Park U-1
Parcel ID: 27344-099-000
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
List Class: Commercial
Site Dimensions: 422 X 230
Acreage: 1.92
Immediate Occupancy: Yes
Construction Status: Construction Complete
SqFt - Warehouse: 44100
Frontage Ft: 240
SqFt Tot Bldg: 45000
Lot Depth: 230
Year Built: 1972
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.
Sold Price/SqFt: 89.33
Sold Price/Acre: 2093750
Status: Sold
Under Contract Date: 2023-08-16
Sold Date: 2023-10-10
Sold Price: $4,020,000
Clear Span: 1
Floor - Concrete: 1
Foundation - Slab on Grade: 1
Steel/Frame: 1
Roof - Metal: 1
Siding - Metal: 1
AC - Central Elect: 1
Heat - Central Electric: 1
Water Heater - Electric: 1
General Commercial: 1
Resid Multi-Family: 1
Security-24 hour: 1
Waterfront: 1
All Utilities: 1
Electricity - Connected: 1
Bayou w/ Gulf Access: 1
Lagoon/Estuary: 1
Bus Est Five or More Yrs: 1
Display Windows: 1
Freestanding Building: 1
Furnished - All: 1
Handicapped Access: 1
Kitchen Area: 1
Living Quarters: 1
Office Area: 1
Restrooms - Private: 1
Sign: 1
Year Built: 1972
Building SqFt: 45000
Property Type: Other (See Remarks)
Business Name: 1
Real Estate: 1
Sale Only: 1
Trade Name: 1
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
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
Listing Office: Coastal Sun Realty LLC
Last Updated: October - 04 - 2024
Information deemed reliable but not guaranteed.