Marina for Sale: Boat Tree Marina – Florida Inland Full-Service Marina near a Major MSA
Overview
This is a rare opportunity to acquire Boat Tree Marina, a large, full-service inland marina in Central Florida. Well-located marinas of this scale are rarely available for purchase. Guests have access to a full suite of amenities, notably a ships store, fuel dock, two on-site restaurants, boat and motor service, repair. The diverse business lines and strategic location make for a captive and dedicated customer base. Most of the net income is derived from boat storage and third-party commercial tenant rents.
A dedicated and long-standing management team, overseeing all operations, is in-place and able to transition to new marina ownership. The two on-site restaurants are operated by reputable third-party commercial tenants, providing marina ownership a steady rental income stream.
The marina is within close driving distance to major population centers.
Highlights
- 8.7% cap rate
- Inland/fresh water full-service Marina
- Total Storage Capacity for over 600 Boats (Wet and Dry)
- Operated on long-term leasehold land (no fee simple real estate)
- 21+/- acres (upland and submerged)
- 30,000+/- square feet of buildings
- The lessor will require new ownership to immediately replace 140+/- wet slips (call listing broker for details)
- Strong demand to support storage rental rate increases
- Close proximity to major population centers
- State Certified Clean Marina, Retailer and Boat Yard (Florida Department of Environmental Protection)
- 14’ average depth
- Full suite of amenities
- Two on-site restaurants are operated by reputable third-party commercial tenants, providing marina ownership with a dependable rental income stream
- Rental boats fleet (8 boats)
- Full boat and engine parts and service department
- 40,000 lb. travel lift
- Outboard repair, inboard and sterndrive repair, routine boat maintenance, bottom painting
- Warranty service
- Fully integrated POS System across all departments
- Public sewer and water
The Opportunity
- Expansion Potential
- The lessor may be willing to work with the new buyers for expansion of the upland storage
- There is demonstrable demand for an additional indoor storage building
- The lessor may be willing to work with the new buyers for expansion of the upland storage
Location
The marina is in Sanford, Florida, on the St. Johns River, a popular cruising route providing excellent exposure to boating traffic. A strategic location right off I-4, provides excellent automobile traffic exposure. Drawing from a Central FL customer base, primarily the Seminole, Orange, and Volusia County markets, the marina is a 30+/- minute drive from Downtown Orlando and Daytona Beach. In addition to local restaurants and shops, there are numerous shopping centers within a 10-minute drive of the marina, offering easy access to grocery, hardware, and various other big-box stores.
The marina’s strategic location, near high growth metropolitan areas, contributes to its strong year-over-year occupancy rates, robust boat, parts, accessory, and service sales.
Gallery
Map
Contact us for a complimentary strategic consultation and preliminary valuation.
