Contact us for a complimentary strategic consultation and preliminary valuation

Marina for Sale: Boat Tree Marina – Florida Inland Full-Service Marina near a Major MSA

Price: $8,500,000
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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

  • 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 (7 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
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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

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.

 

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Contact us for a complimentary strategic consultation and preliminary valuation.

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