1421 Bay Street South East St. Petersburg, FL 33701
An Iconic First Class Yacht Yard with Great Development Upside in the Heart of St. Petersburg, Florida.
The property sits on a unique waterfront overlooking Salt Creek and Bayboro Harbor 1.5 miles from downtown St. Peter in the Salt Creek Marine District. It’s around 2.5 acres with one main parcel and a subsidiary smaller parcel half a block away. It’s permitted for 24 units per acre.
The Yacht Yard
The owners of Sailors Wharf Yacht Yard had a vision in 1978 to build a boat yard that would be known for dependable service and quality craftsmanship. Sailors Wharf became the boat yard of choice for customers. The yard is located in the heart of the marine research at Bayboro Harbor. With Sailors Wharf main focus being on service, it uses the ABYC Standard, which has ensured the highest standards in the marine industry. These standards have been implemented for the quality and safety issues their customers depend on. The owners have focused on serving customers’ requirements by investing in new equipment, a clean facility, and having one of the Florida West Coast’s best Yacht Yards.
The Development Opportunity
Sailors Wharf Yacht Yard and Development Site offers a unique waterfront location for a developer who would benefit from the cash flow, reputation and zoning upside while implementing a development project and getting approval for a residential and mixed use site. Due to recent changes in zoning and the City’s support to enhance the waterfront use and transform the area into a mixed use haven, developers are paying attention. Through its recent Adopted Master Plan, the city plans to connect the various existing local venues and assets by enhancing the waterfront and expanding its potential to encourage mixed use and residential projects.
3340 Placida Rd., Englewood Florida 34224
TWO PURCHASE OPTIONS:
Mixed-Use Marina & residential property offered at: $6,500,000
Marina only: offered at: $4,500,000
The marina is situated on 10 acres +/- with three dry storage structures at approximately 13,200 sq. ft. each and a third open rack all housing 240 covered dry slips in two storage buildings, 84 uncovered dry slips and 10 wet slips. There are additional temporary dry slips. The marina offers boat sales and fuel with a 2,000 gallon above ground storage tank. It has a full service boatyard. There are four residential units for rental income that can be purchased as part of the deal
Complete Outline of property for sale:
A…412017454001 1851 Nebraska Ave RMF-T
B…412017454002 3320 Bourbon St. RMF-T
C…412017478001 1953 Nebraska Ave RMF-T 3.67 Ac
D…412017479001 1985 Nebraska Ave CG 3.83 Ac
E…412017484003 3351 Placida Rd. CG 1.58 Ac (used for overflow parking and storage).
MARINE DYNAMICS IS PROUDLY REPRESENTED IN A JOINT LISTING AGREEMENT BETWEEN SIMPLY MARINAS AND COMMUNITY COMMERCIAL REAL ESTATE
-2012 Clean Marina Winner
-50 large open slips for sail and power boats from 25 to 40 feet. Water and electric.
-Controlling depth: 7-8 ft. channel, 6 ft. alongside, 4-5 ft. in slips.
-Dry land boat storage on outdoor racks for power and sail boats up to 25 ft. and 7500 lbs.
-“Boatel” in-and-out forklift service for power and sail boats up to 25 feet.
-Boat and trailer storage also available.
-Monthly and winter dry land storage for power and sail vessels up to 20 tons, 5.5 ft. draft and 18 ft. beam
-Shrink wrapping and winterizing available on site
-Free pump out facilities
-Picnic Deck / Pergola / Gazebo
-Direct access to mid Chesapeake Bay and excellent fishing areas
Rockhold Creek Marina and Boatyard is a working boatyard with 50 protected slips and a very successful boat repair facility. It has a great cash flow at around 10% cap rate. The marina (for sale) consists of “two” parcels on about 2.65 acres: (1) the marina/boatyard (453 Deale Road) – (2) the waterfront residence cottage (455 Deale Road), currently rented out; It could be an owners residence (as it once was). Price: $2,000,000 for these two parcels. The boatyard features a 20 ton open end Travel lift and a 20 ton hydraulic trailer as well as a 7500 lb. boat forklift. It offers yacht repairs including full painting, hull, engine, mechanical, electrical and plumbing services for boats. The marina’s trained and certified technicians service all major gasoline and diesel marine engines and generators.
Marketed by Simply Marinas in partnership with Colliers International, Washington, DC, Broker of Record:
Bob Browning, Vice President-Retail Services Group
Colliers International: 1000 Wisconsin Ave., NW | Suite 200 Washington, DC 20007 | United States
Location: River Eagle, W.I.
Located on 503′ of frontage and 4.28 acres on the Eagle River Chain of 28 Lakes. Buildings include a Main Marina Building (approx.. 75′ x 200′), Rental Building (15′ x 24′), Boat Showroom (50′ x 300′), Storage Building 1 (60′ x 120′), Storage Building 2 (75′ x 150′), Old Main Building (100′ x 150′) which has a “lean-to” structure on the back. There are 15 piers with slips for approximately 36 boats. There are 4 gas pumps near the river. Two pumps are on the main pier and two pumps are closer to the road. There is a boat launch but that boat launch is not part of the real estate. That launch is a public launch. The parcel is split by Division St. with 1.25 acres on the river side of the street and 3.03 acres across the street. There is an approximate total of 63,810 sq. ft of enclosed space on the property. This is one of only two marinas on the Eagle River Chain. It is a great opportunity!
Co-listed with Coldwell Banker Mulleady REALTORS
Marketed by Simply Marinas with Local Broker of Record: Moscow Realty.
This 19 slip marina sits on an approximately an acre with a 75 years. It has 1,100 linear feet +/- of dockage including a 145 feet T-head with all new slips and seawall. The slips range from 50 to 140 feet in length and accommodate vessels slightly larger than their slip size. Existing plans for development include an exclusive 17 unit upscale condo hotel project (large units), or 35 smaller unites. The upland land is approximately 15,000 sq. ft. The site is ideal for a yacht club with a resort for boaters accessible within 45 minutes from south Florida. The property also provides a great setting to build your dream.
• Approx. 100 dry storage spaces with in and out launch services(total 37,150sf indoor storage space)
• Approx. 230 wet slips with electric and fresh water connections
• Approx. 41 acres (21 acres land & 20 acres harbor)
• Full service marina services including boat sales, boat brokerage sales, boat & engine repairs, parts sales, winterizing & shrink-wrapping, bottom cleaning, bottom painting
• Marine certified technicians
• Approx. 1.5 hours from major cities; north (Rockford), south (Peoria, Bloomington), east (Chicago & suburbs), west (Rock Island, Moline, Davenport, Bettendorf)
• 35 & 25 ton travel lifts, hydraulic yard trailer
• 37’ work boat, 2-pickup trucks, 3-tractors, IH bucket truck
• 2-well facilities, 2-water filtering systems, 2-septic facilities
• Holding tank pump-out system
• Fuel dock, 4,000 gal gasoline tank with 4-dispensers, 2,000 gal diesel tank with 1-dispenser
• Computer fuel monitoring system
• 10,300 sq ft main building
• Three covered boat storage buildings (10,650 sq ft, 20,000 sq ft, and 6,500 sq ft)
• 9,600 sq ft restaurant building currently leased to an outside operator
• All buildings are well-maintained and in good condition.
• 3 additional businesses on the property with an established history of servicing current customers and attracting new customers: Captain’s Cove Bar & Grill, Starved Rock Adventures Boat & Villa Rental, and Weeta’s Boutique, all offering solid income from leases
• Fee based public access launch ramp
• Local yacht club is home-
Great Opportunity to Create Added Value
A new owner can benefit from adding few amenities to realize a higher value and upside such as: a swimming Pool and Patio near the river west of the restaurant building, a small waterpark features for kids, In and out rack storage service for runabouts, outside Patio Bar at the waterfront next to the restaurant building, additional floating Villas for purchase.The following activities can be added as well: Arranging for a tour bus stop at the marina with Starved Rock Lodge with a layover promotion; Providing a River Tour Boat at the marina with possible food & bar service.
Located approximately 1 ½ hours from major cities north (Rockford), south (Peoria, Bloomington), east (Chicago & Suburbs), West(Rock Island, Moline, Davenport, Bettendorf) on the most scenic section of the Illinois River, directly across the river from Starved Rock State Park & Lodge (largest state park in Illinois). 2- additional state parks within 2 to 5 miles away many dining, lodging, historical, and recreational attractions nearby. Some of the additional activities available in our area are: White Water Rafting, Kayaking, Biking & Hiking trails and championship 18 Hole Golf Course within 5 miles.
1600 N 2nd Street, Fort Pierce, FL
- Great cash flow, return and upside!
- Possible owner financing.
- Full service marina and the biggest dry storage facility on Florida’s Treasure Coast located on 6.3 acres
- 600 dry boat spaces up to 35 ft. and 10 wet slips
- Full service repairs and maintenance facility with two customer work areas
- Ship store and fuel sales with an over-ground tank
- The owner had planned to add a 4,000Sf waterfront bar and grill
- Four buildings: three-story 51,000sf boat storage building; three-story 30,000sf storage building;
- 3,500sf retail sales building; and a 6,400sf service building
- Significant upside due to its location, competitive edge in the dry storage market, and the full arena of marina services it offers
- The marina slips were condoed to sell them as dockominums at one point; however no sales took place
- Five minutes from the inlet
- Draws boaters from Miami to Orlando Markets
We are thrilled to announce another sale: Simply Marinas just brokered the successful sale of Gilberts Resort & Marina, Key Largo, FL to our Exclusive Buyer! It’s a famous destination spot with 38 slips, 38 hotel rooms, restaurant and tiki bar on 4 fee simple acres. Simply Marinas facilitated the financing of the purchase as well. Listed for $12.9mm/Sold for $11.2mm in 30 days! This is the fourth waterfront sale by Simply Marinas in 2014. We specialize in the disposition of marinas and waterfront hotels and restaurants. We represent a large number of local and international buyers exclusively. Simply Marinas had 16 marina and waterfront transactions recently.
Sold and financed as private lender to an exclusive buyer, January 2016:
750′ water frontage
Sale price: $4.9mm
Marine use and zoning for 200 units per acre residential.
Managed inspection, phase I, securing tenants, permits and provided financing.
The marina offers deep water sailing on the scenic Chester River and easy access to the slips in the protected marina.
It’s located on 10.2 acres+/- (6.2 fee-simple submerged) with 106 wet Slips+ 125 dry storage unit, and 23 Moorings.
The site includes: Ships’ store and general office building, mechanic’s shop with 40 Ton Travel Lift, pool, pump-out facilities with diesel and gas pumps, dingy storage, picnic areas with grilles and tables, laundry facilities, kids play area and 100 Seat pavilion, winter storage for boats and bathhouse as well as two boat sheds for indoor maintenance.
Lankford Bay Marina has been voted one of Chesapeake Bay’s 10 best marinas by Chesapeake Bay Magazine readers multiple times.
Surrounding properties available for sale include owner’s residence (not included in this package)
The owners of over 50 years are retiring. There is tremendous room for an upside with a new aggressive and innovative ownership! The site is ideal for adding an RV Park. The business has been based on word of mouth and is family run. The marina has great service with abundant amenities including pool, showers, pavilion for events, automated pump-out station, a free shuttle bus service and bicycle use for customers. Out of the total 4 acres of uplands. the site utilizes around 3 acres for dry storage and repairs. At least two acres can be used for a dry rack facility or a residential component/RV Park. The site can be ideal for boat brokerage and for adding a bar/restaurant.
Simply Marinas in partnership with Local Listing Broker:
Christopher Burnham, Marcus & Millichap Real Estate and Investment Services
7200 Wisconsin Avenue
Suite 1101 Bethesda, MD 20814
(202) 536-3728 Direct (410) 458-3052 Cell