ASKING PRICE: $6,500,000 MERIDIAN MARINA & Yacht club and Golf Co… · Potential GSA Tenant Fuel...
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MERIDIAN MARINA & Yacht club PALM CITY, FLORIDA ±300 RACKS + ADDITIONAL LAND AVAILABLE FOR PURCHASE ASKING PRICE: $6,500,000
Transcript of ASKING PRICE: $6,500,000 MERIDIAN MARINA & Yacht club and Golf Co… · Potential GSA Tenant Fuel...
MERIDIAN MARINA & Yacht clubPALM CITY, FLORIDA ±300 RACKS + ADDITIONAL LAND AVAILABLE FOR PURCHASE
ASKING PRICE: $6,500,000
INVESTMENTHIGHLIGHTSRARE OPPORTUNITY TO BUY INTO HIGHLY DESIRABLE EAST COAST FLORIDA BOATING MARKETFlorida’s East Coast is one of the top boating markets in the world, which creates significant demand for boat storage. Occupancy rates at nearby marinas range from 95% to 100% with waiting lists. POTENTIAL GSA LEASEThe General Services Administration (GSA), the real estate arm of the U.S. Government, has identified the property as a desirable location for a regional facility. This potential lease could add over $300K per year to the Net Operating Income of the facility.
EXCESS LAND PROVIDES EXPANSION OPPORTUNITY3.9 acres of land directly adjacent to the marina facility are available for separate purchase. This provides the opportunity to significantly expand the existing facility, a rarity in Southern Florida.
SITE OVERVIEW
Potential GSA Tenant
Fuel Dock
ParkingDry Rack Storage Building
Expansion Opportunity - Available for separate purchase
Matt PutnamManaging DirectorLeisure Property AdvisorsColliers International | Tampa BayOne Urban Centre4830 West Kennedy Blvd, Suite 300 Tampa, FL 33609Direct: +1 813 871 8538Mobile: +1 727 687 [email protected]
Andrew CantorManaging DirectorLeisure Property AdvisorsColliers International | Atlanta1230 Peachtree Street NEPromenade, Suite 800 Atlanta, GA 30309Direct: +1 404 978 2347Mobile: +1 404 217 [email protected]
Dan Grovatt DirectorLeisure Property Advisors Colliers International | Tampa BayOne Urban Centre4830 West Kennedy Blvd, Suite 300 Tampa, FL 33609Direct: +1 813 871 8509Mobile: +1 856 397 [email protected]
Kate TarokhClient Services CoordinatorLeisure Property Advisors Colliers International | Tampa BayOne Urban Centre4830 West Kennedy Blvd, Suite 300 Tampa, FL 33609Direct: +1 813 221 2180Mobile: +1 770 634 [email protected]
CONTACT INFORMATION
