Contact us for a complimentary strategic consultation and preliminary valuation
Marina Sold: Confidential Coastal Marina – ID SM100
Price: $37,000,000
Overview
First-class wet slip marina in a great urban location, with full amenities, a high-volume restaurant and multiple third-party tenants.
Confidential Northeast Coastal Marina - ID SM100 is an iconic fixture in the area. This is a rare, first-class wet slip marina with a resort-like setting. The marina is impeccably maintained with all floating docks recently built and installed. The high-volume restaurant and banquet facility are recently renovated. The facility has a fuel dock, pump-out, haul-out capability and multiple third-party tenants.
Highlights
- 100% Occupancy with a wait list
- Full service marina
- 140 wet slips (impeccable condition)
- Winter land-side boat storage
- Haul & Launch capability
- 4+/- gross fee simple acres
- Multiple third-party tenants
- Public sewer, electric and water
- Great urban location
- Full amenities
The Opportunity
An owner can benefit from the following as a means of increasing revenue.
- Incremental rate increases – the facility is currently and historically at full occupancy
- Introduce a boat rental fleet
- Offer in-house boat brokerage
- Increase service and repair activity
Contact us for a complimentary strategic consultation and preliminary valuation.
A. Michelle Ash
Principal
(305) 439-9581
ash1@simplymarinas.com
George Ash
National Director
(352) 262-5784
george.ash@simplymarinas.com