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239 E Beach Dr - Bristol Harbor Marina

2,860 SF Speciality Building Offered at £1,879,920 at a 8.67% Net Initial Yield in Panama City, FL 32401

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Investment Highlights

Prime location: Situated in the hear of revitalized downtown Panama City, FL, with excellent access to the Gulf of Mexico.
Passive Income: Steady and reliable passive income from commercial office suites and slip rental.
Supplemental Cash Flow: Includes a three-suite commercial office/retail building, newly renovated and leased through 2025.

49-Slip Marina: Well equipped boutique marina with fixed piers, electric, water and pump out at each slip.
Irreplaceable Location & High Demand: Close proximity to revitalized downtown combined with direct access to St. Andrew's Bay.
Turnkey Operation: Ready-to-operate marina with established facilities and tenant leases in place.

Executive Summary

SVN Marinas 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 OM

Third Party Reports

Financial Summary (Pro forma - 2024) Click Here to Access	Annual	Annual Per SF
Gross Rental Income	$99,999	$9.99
Other Income	-	-
Vacancy Loss	-	-
Effective Gross Income	$99,999	$9.99
Taxes	-	-
Operating Expenses	-	-
Total Expenses	$99,999	$9.99
Net Operating Income	$99,999	$9.99

Financial Summary (Pro forma - 2024) Click Here to Access

Gross Rental Income
Annual	$99,999
Annual Per SF	$9.99

Other Income
Annual	-
Annual Per SF	-

Vacancy Loss
Annual	-
Annual Per SF	-

Effective Gross Income
Annual	$99,999
Annual Per SF	$9.99

Taxes
Annual	-
Annual Per SF	-

Operating Expenses
Annual	-
Annual Per SF	-

Total Expenses
Annual	$99,999
Annual Per SF	$9.99

Net Operating Income
Annual	$99,999
Annual Per SF	$9.99

Property Facts

Price	£1,879,920	Lot Size	0.68 AC
Price Per SF	£657	Building Size	2,860 SF
Sale Type	Investment or Owner User	Number of Floors	1
Net Initial Yield	8.67%	Year Built/Renovated	1948/2019
Property Type	Speciality	Tenancy	Single
Property Subtype	Marina	Parking Ratio	15.73/1,000 SF
Building Class	C	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	£1,879,920
Price Per SF	£657
Sale Type	Investment or Owner User
Net Initial Yield	8.67%
Property Type	Speciality
Property Subtype	Marina
Building Class	C
Lot Size	0.68 AC
Building Size	2,860 SF
Number of Floors	1
Year Built/Renovated	1948/2019
Tenancy	Single
Parking Ratio	15.73/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Amenities

Waterfront

Links

1 of 1

PROPERTY TAXES

Parcel Numbers	Multiple 19524-000-000 19523-000-000 19530-000-000 19532-000-000	Improvements Assessment	£44,103 (2023)
Land Assessment	£266,275 (2023)	Total Assessment	£310,378 (2023)

PROPERTY TAXES

Parcel Numbers

Multiple

19524-000-000
19523-000-000
19530-000-000
19532-000-000

Land Assessment

£266,275 (2023)

Improvements Assessment

£44,103 (2023)

Total Assessment

£310,378 (2023)

zoning

Zoning Code	DTD(PC) (DOWNTOWN DISTRICT-To encourage and promote economic growth and redevelopment downtown, higher residential density and non-residential intensities.)
DTD(PC) (DOWNTOWN DISTRICT-To encourage and promote economic growth and redevelopment downtown, higher residential density and non-residential intensities.)