NewsOutside the Disney Bubble

It’s Official: Florida’s Most Troubled Theme Park Is Closed Forever, Up For Auction

Florida has never been short on theme park drama. From Disney’s legal battle with Governor Ron DeSantis to the fallout from SeaWorld’s Blackfish controversy, the state’s most famous attractions often find themselves at the center of political and cultural storms.

This time, the spotlight is on a much more specific corner of the industry.

Three dolphins leap in unison above a pool in front of a
Credit: Gulf World Marine Park

Animal rights concerns, internal power struggles, and financial mismanagement have pushed one Florida theme park past the point of no return. After months of speculation, its fate is no longer in question: the park is closed for good, its animals gone, and its land up for sale.

The shutdown didn’t arrive with fireworks or fond farewells. In fact, the gates had already been locked for weeks by the time confirmation came. The property, once open daily to tourists and locals alike, now sits idle on Panama City Beach, awaiting auction.

Dolphin Deaths and Public Backlash

Gulf World Marine Park, formerly operated by The Dolphin Company, has permanently closed. The decision follows a series of high-profile controversies, including the deaths of five dolphins over the span of eight months.

The incidents drew public condemnation and a response from Florida Sen. Jay Trumbull, who called for the immediate removal of all remaining dolphins and urged state intervention.

Four children lean over the edge of a pool, excitedly touching a dolphin in the water. The setting appears to be an outdoor aquarium or a marine animal exhibit.
Credit: Gulf World Marine Park

The Dolphin Company, which also owns Miami Seaquarium and Marineland Dolphin Adventure in St. Augustine, filed for bankruptcy earlier this year. What followed was a chaotic internal collapse. In one incident, the company’s former CEO reportedly stormed its Mexico headquarters flanked by about 20 armed men in an attempt to regain control.

Court filings show the company is now attempting to liquidate many of its assets — including a global collection of 295 dolphins, 51 sea lions, 18 manatees, and 18 seals — spread across 30 locations. Gulf World Marine Park's animals have already left the park.

Gulf World Marine Park Becomes a Real Estate Listing

On July 15, Gulf World’s property was listed for sale on LoopNet, a commercial real estate platform. The nearly seven-acre site, located at 15412 Front Beach Road, is being marketed as a “distress sale,” meaning it’s likely to be sold below market value due to financial pressure. While no price is listed, the land is assessed at $2.3 million.

The listing confirms the end of Gulf World’s future as a marine park. “High-rise Tourist Development is allowed; Drive-in or Drive-Through Facilities and Outdoor display and outdoor operations may be authorized,” the zoning section notes. According to Matthew Bordwin of Keen-Summit Capital Partners, who is handling the sale, the land is already attracting interest and an auction is expected soon.

Three performers in wetsuits stand on a platform with their arms raised, each accompanied by a dolphin leaping out of the water. A large screen in the background displays
Credit: Gulf World Marine Park

The park has been closed to the public since May, following the death of a dolphin named Samira. Its animals were transferred to other facilities, some of which remain under the Dolphin Company’s ownership. Court documents clarified that Gulf World had been reclassified as real estate rather than an operating business, with plans to repurpose the site entirely.

The Gulf World website has been taken offline, now redirecting visitors to a bankruptcy information portal. Though Miami Seaquarium and Marineland remain operational, both are listed for sale. Miami Seaquarium alone is estimated to be worth $45.6 million.

For Panama City Beach, the closure marks the end of a decades-old attraction. For the broader industry, it’s another sign that public sentiment around marine life entertainment is shifting — and that not every park survives the scrutiny.

Are you glad Gulf World Marine Park is closed?

Chloe James

Chloë is a theme park addict and self-proclaimed novelty hunter. She's obsessed with all things Star Wars, loves roller coasters (but hates Pixar Pal-A-Round), and lives for Disney's next Muppets project.

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