Contacts
Josh Sheppard
SVN | Nautilus
Property Details
- Property Type Other - Special Purpose
- Property Size 2,383 SF
- Units 49
- Lot Size 2.3 Acre
- Additional Rent Contact for pricing
- Property Tenancy Multi-Tenant
- Building Class C
- Year Built 1948
- Year Renovated 2019
- Date Updated Nov 4, 2024
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Highlights
- Prime location: Situated in the hear of revitalized downtown Panama City, FL, with excellent access to the Gulf of Mexico via nearby Saint Andrews Inlet.
- 49-Slip Marina: Well equipped boutique marina with fixed piers, electric, water and pump out at each slip. The marina is secure with 24/7 gated access and security cameras.
- Passive Income: Steady and reliable passive income from commercial office suites and slip rental.
- High Demand: Close proximity to revitalized downtown combined with direct access to St. Andrew's Bay and the major port of entry, St. Andrew's Inlet, ensures long-term demand for slip occupancy.
- Environmental Recognition: Designated as a "Resilient Marina" by the Florida Department of Environmental Protection, achieving the highest ranking for environmental resilience and sustainability.
- Rate Increases: Potential to increase rental rates to reflect what other marinas in the area are charging coupled with strong demand associated with this unique location.
- Supplemental Cash Flow: Includes a three-suite commercial office/retail building, newly renovated and leased through 2025. Excellent location for a boat rental operator.
- Turnkey Operation: Ready-to-operate marina with established facilities and tenant leases in place.
- Irreplaceable Real Estate: Valuable waterfront property in downtown Panama City, offering unique and irreplaceable real estate with significant long-term value.
Getting around
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Walk Score ®
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Bike Score ®
Location
- City Panama City, FL
- Neighborhood Downtown Panama City
- Zip Code 32401
- Market Pensacola
Points of Interest
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Chevron
1.23 miles
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AMI Gas
1.74 miles
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Marathon
2.32 miles
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VP Racing Fuels
2.60 miles
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Exxon
2.64 miles
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Murphy USA
2.66 miles
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Circle K
2.66 miles
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Harvey De Mathis Park parking
3.90 miles
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Star Motel
0.81 miles
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Relax Inns
0.88 miles
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Sunlight Motel
1.18 miles
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Red Roof Inn Panama City
1.84 miles
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Holiday Inn Panama City
2.34 miles
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Country Inn & Suites, Panama City, FL
2.52 miles
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Howard Johnson by Wyndham Panama City
2.66 miles
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Azalea Court inn
2.70 miles
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Hilton Garden Inn
2.71 miles
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Comfort Inn & Suites
2.71 miles
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Asian Oriental International Market
1.94 miles
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Piggly Wiggly
2.26 miles
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Burlington
2.48 miles
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Walmart Supercenter
2.51 miles
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Panama City Mall
2.54 miles
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TJ Maxx
2.55 miles
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Big Lots
2.57 miles
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JCPenney
2.61 miles
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Dillard's
2.61 miles
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Bealls
2.74 miles
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
Contact Listing Broker
Josh Sheppard
SVN | Nautilus