5300 Hwy 98 Bus, Panama City, FL 32401
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Priced at Only: $9,800
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Address: 5300 Hwy 98 Bus, Panama City, FL 32401
Property Location and Similar Properties
- MLS#: 778225 ( CommercialLease )
- Street Address: 5300 Hwy 98 Bus
- Viewed: 12
- Price: $9,800
- Price sqft: $1
- Waterfront: Yes
- Wateraccess: Yes
- Waterfront Type: BayAccess,ShorelineSand,ShorelineNatural
- Year Built: 2025
- Bldg sqft: 7555
- Days On Market: 88
- Additional Information
- Geolocation: 30.1839 / -85.7329
- County: BAY
- City: Panama City
- Zipcode: 32401
- Subdivision: [no Recorded Subdiv]
- Elementary School: Oakland Terrace
- Middle School: Jinks
- High School: Bay
- Provided by: Counts Real Estate Group Inc
- DMCA Notice
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DescriptionThe new owners have rebuilt Sun Harbor Marina on St. Andrew Bay. Located on the east end of the Hathway Bridge adjacent to the Port of Panama City. The two story restaurant space is now available for lease. The framing is completed and the landlord is completing the build out per the attached construction drawings. The rent is 9,800 per month based on a 'modified gross' lease (landlord pays real estate taxes, building insurance, common area maintenance, and submerged land lease). In addition, the tenant will be percentage rent equal to 7.0% of annual gross sales in excess of $2,000,000. The tenant improvements are negotiable and the landlord will finish to suit. The space is designed to have the main dining room and kitchen on the second floor with additional seating on the wrap around outdoor decks. The first floor includes additional bars, seating, entertainment, bathrooms and storage areas. The second floor is accessed via two sets of stairs and an ADA lift. The most incredible views all year around and the best sunsets. Easy access and plenty of parking. A roof mounted sign would be visible from the Hathaway Bridge and St. Andrew Bay. The lease includes two boat slips adjacent to the restaurant. Sun Harbor Marina is home to the Schooner Columbia and the boat slips are now leasing. The fuel docks are also open. This location will have tremendous visibility and a lot of traffic by boaters, too. Call for further details and to setup a tour.
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Building and Construction
- Covered Spaces: 0.00
- Living Area: 0.00
Property Information
- Property Condition: NeverOccupied
School Information
- High School: Bay
- Middle School: Jinks
- School Elementary: Oakland Terrace
Garage and Parking
- Garage Spaces: 0.00
- Open Parking Spaces: 0.00
- Parking Features: Paved
Utilities
- Carport Spaces: 0.00
- Road Frontage Type: CityStreet
- Sewer: PublicSewer
- Utilities: ElectricityAvailable, SewerAvailable, WaterConnected
Finance and Tax Information
- Home Owners Association Fee Includes: Insurance, MaintenanceGrounds, Other, SeeRemarks, Trash
- Home Owners Association Fee: 0.00
- Insurance Expense: 0.00
- Net Operating Income: 0.00
- Other Expense: 0.00
- Pet Deposit: 0.00
- Security Deposit: 0.00
- Trash Expense: 0.00
Other Features
- Accessibility Features: AccessibleCommonArea, AccessibleApproachWithRamp, VisitorBathroom, AccessibleDoors, AccessibleHallways
- Legal Description: 34 3S 15W -9- 68D COM SE COR OF NE1/4 TH 2124.83 W & 152.90' NWLY FOR POB TH NELY 679.64' NELY 16.13' NWLY 70' SWLY 13' NWLY 610' NELY 213' NWLY 50' SWLY 213' NWLY 169.23' SWLY 210' SELY 517.OO' TO POB LESS TO SUN HARBOR, C OF PC & PC TOYOTA ALSO OPEN BOAT SLIP 13-16, 44-57, 74-81, 83, 85, 86, 87, 88, 89, 99, 104 . COVERED BOAT SLIPS 1-10, 16-27 , 28, 30-42, 58, 62, 63, 65, 66, 67, 69, 71, 72, 73, 88,
- Levels: Two
- Area Major: 02 - Bay County - Central
- Parcel Number: 27932-000-000
- Possible Use: Restaurant
- The Range: 0.00
- Views: 12
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