Bristol Harbor Marina

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.

Description

SVN | Safe Haven Advisors in partnership with Five Bridges Real Estate Services is pleased to present "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 of Mexico, 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 ocean access 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.

Bristol Harbor Marina is situated in the heart of historic downtown Panama City. Located just off the major thoroughfare, E Beach Dr, this marina benefits from high visibility and convenient access. Additionally, it boasts excellent access to the surrounding bays and the Gulf of Mexico. It is located on the Intracoastal waterway and just a short distance from the St. Andrews Jetties (pass), which provides direct access into the Gulf of Mexico.

Documents