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Marina for Sale: Florida Prime Marina with Expansion & Development Upside

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Overview

Simply Marinas is pleased to present this rare opportunity to purchase a profitable full service marina along with vacant upland that is poised for prime development. The marina has room and demand for additional slips. The upland is ideally situated for for a dry rack facility, residential development or hotel.

The marina and uplands can be purchased separately or together.

Confidential Prime Successful SE Marina with Expansion and Development Upside. Marina ID-SE Marina and Development Site: SM Marina#89

Marina price: $12mm
Vacant Uplands: $4mm
Owner Financing Possible

NDA is required for further information

Highlights

  • At current, the marina has dockage in excess of 7,000' linear feet, much of it side-tie dockage. The marina maintains strong occupancy, with many boats in excess of 65' for an average occupancy of approximately 70 boats
  • All together, between the submerged and dry land, the property is permitted to store up to 270 boats. The current owner has plans to reconfigure the marina and build 140 slips on floating docks plus rack storage for 128 boats.
  • Residential uplands & marina can be sold separately
  • Approximately 16.5+/- Total Acres: 9+/- (marina); 4+/-(vacant upland); 1.7+/- (currently rented NNN ground-lease); 1.8+/- (vacant acres lots across the street)
  • Credible NNN waterfront restaurant tenant
  • Undeveloped waterfront acreage was entitled for 40 Single Family & 18 Multifamily units. PUD expired
  • Prior ownership envisioned 188 hotel rooms on the marina site upland parcel
  • Significant marina upside: wet slip expansion and rack storage building
  • Significant residential or hotel development upside
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The Opportunity

This is an incredible opportunity to acquire the rare assemblage of a successful full service marina with expansion upside (grandfathered in for additional slips). Waterfront uplands were previously entitled for residential development.

For More Information

Michelle Ash
Principal
(305) 439-9581
George Ash
National Director
(352) 262-5784