16991 State Road 31, Fort Myers, FL
PRICE: $1,975,000
Acquire an $8,000,000 Southwest Florida marina for $1,975,000? This well protected facility offers 70 wet slips accommodating yachts to 100′ and 67 indoor dry racks handling boats to 31′. The wet slips and bulkhead were completed before the recession arrived in 2007 resulting in a diminished occupancy. Apart from the slips, the marina offers 20,000 square feet of buildings, 11.5 acres of fee simple land (including the basin), 5,000 gallon fuel storage and dispensing, 20,000 lb. Wiggins Marina Bull fork lift, ship store, marina service area, curb parking for 137 vehicles, mobile pump out service and consignment boat sales. There is DEP site approval for 350 slips/racks, a waterfront restaurant (pad in place) plus a proposed new dry rack building for boats up to 50′ (both will require county building approval). This is an ideal opportunity to increase cash flow through marketing and adding new profit centers such as sales, service, restaurant, boat leasing and new rack storage building. All of the infrastructure is in place. The marina is surrounded by new residential housing construction now coming on-line.
| MARINA NAME: | Sweetwater Landing | ADDRESS: | 16991 State Road 31 |
| CITY: | Fort Myers | STATE: | FL |
| TERMS: | cash | WET SLIPS: | 70 |
| DRY RACKS: | 60 | PRICE: | $1,975,000 |
| MAXIMUM BOAT SIZES: | 100′ wet, 31′ dry | OCCUPANCY RATE: | 16% wet, 50% dry |
| MLW DEPTH: | 5′ | ACREAGE: | 11.5 |
| ZONING: | multi-use zoning | BUILDINGS: | 150’x100; 150×33 |
| MARINE STORE: | yes | FUEL DISPENSING: | yes, gas 5,000 gal capacity |
| HAULING CAPACITY: | 20,000 lb Wiggins Marina Bull | BOAT SALES: | Possible |
| BOAT BROKERAGE: | Possible | BOAT RENTALS: | Possible |
| MARINE SERVICE: | Yes – Sublet | PARTS: | Possible |
| WINTER STORAGE: | Yes | RESTAURANT: | Not at Present – Pad on Ground |
| ON SITE RESIDENCE: | No | SLIP/RACK SALES: | Possible |
| PARKING SPACES: | 137 | OTHER PROFIT CENTER: | Many Possible Options |
| FINANCING AVAILABLE: | No | AREA/ON-SITE AMENITIES: : | None |
| EQUIPMENT INCLUDED: | Yes | STATUS: | Sold |