$285,000
Panama City Beach, FL 32408
MLS# 778926
1500 sqft
1 / 19
Property Description
20+ years in business, this well established local dive shop is in a PRIME location across the street from the only US military dive training base in the US. The owner is retiring and will transfer a large, steady database of commercial clients from the Navy dive base for SDI certifications. Sale Includes: * $80,000 retail inventory * $39,000 tanks/air system/tools present day value * Name, Website, Computers, & Goodwill (valued $105,200) * Exclusive brands: Atomic, Oceanic, Bare, Zeagle, Hollis, Cressi, Mares, Henderson, Liquivision, Stahlsac Turnkey operation with staff, inventory, equipment, and strong brand reputation. Perfect opportunity for entrepreneur or scuba dive enthusiast looking to follow their passion and re-locate to paradise. PCB is the #2 dive destination in the US, drive-able from multiple states with over 6M visitors per year. Transferable lease currently in place to Dec. 2026.
Details
Maps
Contract Info
List Date: 2025-09-12
List Price: $285,000
List Price/SqFt: 190
Current Price: $285,000
Sub-Type: Business Only
Location
Area: 03 - Bay County - Beach
Street #: 1016
Street Name: Thomas
Street Suffix: Drive
State: FL
Zip Code: 32408
County: Bay
Sub Area: 0319 - Beach - East
Subdivision: Coastal Palms Commercial
Community/Resort: None
Waterfront: No
Parcel ID: 30159-400-108
Elementary School: Patronis
Middle School: Surfside
High School: Arnold
Directions: From Hwy 98 take a left onto Thomas Dr. Property is on the right across from the Navy base.
Legal Description: COASTAL PALMS COMMERCIAL LOT 4 ORB 4247 P 1077
General Property Info
List Class: Business Only
Immediate Occupancy: Yes
Construction Status: Construction Complete
# of Stories in Building: 1
SqFt Tot Bldg: 1500
Year Built: 2008
Status Change Info
Status: Active
Business Only
Actual Gross Income: 325620
Expenses: 131800
Net Operating Income: 194240
Real Estate Option: Real Estate By Lease
Property Features
Energy: AC - Central Elect; Heat - Central Electric
Financing: Cash
Offering Type: Business Name; FF&E; Good Will; Inventory; Lease Only; Sale Only; Sale with Lease; Supplies; Trade Name
Present Zoning: Commercial
Listing Office: Anchor Realty Florida
Last Updated: September - 12 - 2025
Information deemed reliable but not guaranteed.