239 E Beach Drive, Panama City, FL 32401

Property Description

'Bristol Harbor Marina' located in the heart of revitalized downtown Panama City, FL. This 49 slip passive income boutique marina presents a prime opportunity to own a thriving marina with excellent access to the Gulf, via nearby Saint Andrews Inlet. The marina features newer fixed piers, electrical, water, pump out at every slip, gated, security, commercial office and retail, parking, and outdoor covered pavilion. Its close proximity to revitalized downtown Panama City and convenient direct access to the pass and Gulf ensures a consistent demand for slip occupancy. Recognized as a 'Resilient Marina' by the Florida Department of Environmental Protection, Bristol Harbor boasts the highest ranking for environmental sustainability and resilience. The marina is home to several commercial and recreational charter operations, further enhancing its appeal and visibility. Buyers have the opportunity to expand the business further by increasing rates and focusing on long term commercial tents. In addition to the marina, this offering includes a recently renovated 3-suite office building on site. The offices are leased through 2025 providing additional cash flow.