$4,020,000
6327 Big Daddy Drive
Panama City Beach, FL 32408
MLS# 742942
Status: Sold
45000 sqft


6327 Big Daddy Drive, Panama City Beach, FL 32408
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Property 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.

Details
Maps
Contract Info
List Date: 2023-06-20
List Price: $4,380,000
List Price/SqFt: 97.33
Current Price: $4,020,000
Sub-Type: Income Producing
Location
Area: 03 - Bay County - Beach
Street #: 6327
Street Name: Big Daddy
Street Suffix: Drive
State: FL
Zip Code: 32408
County: Bay
Sub Area: 0319 - Beach - East
Business Name: Bayside Marina
Subdivision: Bayside Park U-1
Community/Resort: None
Waterfront: Yes
Parcel ID: 27344-099-000
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.
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
Immediate Occupancy: Yes
Construction Status: Construction Complete
Site Dimensions: 422 X 230
Acreage: 1.92
Frontage Ft: 240
Lot Depth: 230
SqFt - Warehouse: 44100
SqFt Tot Bldg: 45000
Year Built: 1972
Status Change Info
Status: Sold
Under Contract Date: 2023-08-16
Sold Date: 2023-10-10
Sold Price: $4,020,000
Sold Price/SqFt: 89.33
Sold Price/Acre: 2093750
Income Producing
Year Built: 1972
Building SqFt: 45000
Property Type: Other (See Remarks)
Office
Year Built: 1972
Waterfront Feature
Waterfront Feet: 245
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.