The Leisure Property Advisors of Colliers International is pleased to exclusively offer for purchase Inlet Harbor Marina, a high-quality marina located in Ponce Inlet along Florida's East Coast. Strategically located as the closest dry rack storage option to Ponce Inlet, the facility enjoys a competitive advantage in the market. The facility is also home to the extremely popular Off the Hook Raw Bar & Grill that is leased to a very strong restaurateur with multiple locations.
The marina has been meticulously maintained over the years, including over $3.5M in capital improvements in the past few years. Most recently, the marina undertook an update of its dry racks that have recently been made available for lease and are already experiencing significant demand. The marina now offers 282 dry racks and 30 wet slips, which is inclusive of 16 vertical slips.
Inlet Harbor Marina presents an attractive opportunity for a marina owner interested in acquiring an established marina with several value-add opportunities to increase cash flow along Florida's bustling East Coast.
HIGH-QUALITY MARINA AND THE CLOSEST DRY RACK STORAGE OPTION TO PONCE INLET
OVER $3.5M IN CAPITAL IMPROVEMENTS IN THE PAST FEW YEARS INCLUDING AN UPDATE OF DRY RACKS IN EARLY 2020
282 DRY RACKS AND 30 WET SLIPS, WHICH IS INCLUSIVE OF 16 VERTICAL SLIPS
STRONG RESTAURANT TENANT WITH LONG TRACK RECORD
SEVERAL VALUE-ADD OPPORTUNITIES FOR NEW OWNER TO INCREASE CASH FLOW
OVER $900K IN NOI OVER THE LAST 12 MONTHS
