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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: $4,380,000 List Date: 6/21/2023 Last Modified: 10/04/2024

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 entertain OWNER FINANCING WITH FLEXIBLE TERMS AND SUBSTANTIAL DOWN PAYMENT.

More Information MLS# 742942

Contract Info

List Price/SqFt: 97.33 List Date: 2023-06-20 List Price: $4,380,000 Current Price: $4,020,000 Sub-Type: Income Producing

Location

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 State: FL Zip Code: 32408 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

General Property Info

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

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.

Status Change Info

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

Office

Year Built: 1972

Construction/Siding

Clear Span: 1 Floor - Concrete: 1 Foundation - Slab on Grade: 1 Steel/Frame: 1 Roof - Metal: 1 Siding - Metal: 1

Energy

AC - Central Elect: 1 Heat - Central Electric: 1 Water Heater - Electric: 1

Financing

Cash: 1 Conventional: 1 Seller Financing: 1

Present Zoning

General Commercial: 1 Resid Multi-Family: 1

Association Amenities

Boat Launch: 1 Dock: 1 Marina: 1 Retail Shops: 1 Security-24 hour: 1 Waterfront: 1

Utilities

All Utilities: 1 Electricity - Connected: 1 Electric 220/240: 1

Waterview

Bayou: 1 Lagoon: 1

Waterfront Type

Bayou w/ Gulf Access: 1 Lagoon/Estuary: 1

Waterfront Feature

Waterfront Feet: 245

Business/Property

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

Floors in Unit/Home

One: 1

Heating/Cooling

AC - Central: 1

Income Producing

Year Built: 1972 Building SqFt: 45000 Property Type: Other (See Remarks)

Offering Type

Business Name: 1 Real Estate: 1 Sale Only: 1 Trade Name: 1 Other - See Remarks: 1

Pricing Type

Sale Price: 1

Site Description

Aerials Available: 1

Transport. Access

2-Lane: 1 Paved: 1

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.