Blanca Commercial Real Estate, Inc. is pleased to be appointed as the exclusive agent for the sale of the Dry Dock Marina at Pelican Harbor, a +/- 1.36-acre development site with plans for a dry dock marina capable of accommodating 345 boats and trailers up to 30 feet in length. Only half a mile from the Pelican Harbor Marina Boat Ramp, this site presents a rare opportunity to capitalize on Miami’s ongoing shortage of boat storage in one of the most active recreational boating markets in the country. Upon stabilization, the planned facility is projected to generate over $2.8 million in annual net operating income, supported by strong regional demand and constrained competition. The marina design features a five and six-story vertical rack system, offering secure, high-density storage tailored to modern recreational boating needs. As of 2024, there were approximately 92,000 registered vessels in Miami-Dade County, underscoring the region’s status as one of the most vibrant boating communities in the country – and the critical need for expanded storage infrastructure. With +/- 490 feet of frontage on the 79th Street Causeway, the site boasts exceptional visibility to more than 44,000 vehicles per day and lies at the gateway between mainland Miami, North Bay Village, and Miami Beach. Just a half mile east, Pelican Harbor Marina – one of Miami’s most established public boating facilities – features 112 boat slips, a 24-hour ramp, fueling services, and direct access to Biscayne Bay. The immediate proximity to a fully equipped launch point further enhances the development’s appeal to boat owners and storage operators alike. Adding to the development’s appeal and future potential are two additional parcels located immediately to the east of the Dry Dock Marina site. These parcels encompass a 13,090 square foot lot, which includes a 3,990 square foot building. This expansion offers significant opportunities for complementary services or additional development, further leveraging the prime location and high visibility on the 79th Street Causeway.