37517 U.S. Highway 19 N - Retail FOR SALE


Palm Harbor, FL 34684
$4,490,000 USD
407-399-1120
37517 U.S. Highway 19 N, Palm Harbor, FL for Sale
$4,490,000 USD
Retail - FOR SALE
1/11
null | Request Cap Rate

37517 U.S. Highway 19 N
Palm Harbor, FL 34684


HIGHLIGHTS

  • 44 Wet Slips: Existing dock capacity with a mix of tenant rentals and owner use, providing both stable baseline income and optimization potential.
  • Zoning Flexibility: Situated within the Commercial Parkway District zoning, supporting marine, service, retail, and commercial uses.
  • High Tra?c Exposure: Approximately 258 feet of frontage on U.S. Highway 19 with an average annual daily tra?c count of approximately 93,000 vehicles.
  • Capital Investment Completed: Approximately $812,500 in recent improvements including seawall reinforcement, fencing, parking, and building upgrades.
  • Waterfront Commercial Asset: 1.78 acre marina property located in Palm Harbor with direct water access and operational infrastructure.

OVERVIEW

Lake Tarpon Marina is a fee simple waterfront commercial asset located along U.S. Highway 19 within the Commercial Parkway District zoning designation, which allows for a range of commercial and marine-related uses. The site consists of 1.78 acres with 44 wet slips and approximately 4,534 square feet of building improvements supporting marina operations, marine service activities, and customer-facing retail functions. The property benefits from ±258 feet of visibility along U.S. Highway 19, a major regional transportation corridor with a daily tra?c volume of 93,000 vehicles, providing consistent exposure. Recent capital improvements totaling approximately $812,500 have been made which includes seawall reinforcement, parking expansion, perimeter fencing, and building repairs. Existing slip utilization and on-site operations generate steady revenue, with upside through slip rate adjustments, owner slip conversion, and expansion of marine service o?erings. The combination of zoning flexibility, high tra?c visibility, and waterfront access, positions the property as a strong commercial holding suitable for marine businesses or other retail operations.

FOR SALE DETAILS

PRICE

$4,490,000 USD

PRICE/SF

$720 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Lake Tarpon Marina

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

1.78 AC

LAND SF

77,537 SF

ZONING

CP

APN/PARCEL ID

30-27-16-56484-000-0010,30-27-16-56502-000-0330,30-27-16-56502-000-0340

ASK ABOUT THIS PROPERTY

Josh SheppardSVN NautilusMore Info
407-399-1120

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Josh SheppardSVN NautilusMore Info
407-399-1120

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.