631 Northlake Blvd - Marinas FOR SALE


North Palm Beach, FL 33408- North Palm Beach Village
$5,500,000 USD
561-762-3181
631 Northlake Blvd, North Palm Beach, FL for Sale
$5,500,000 USD
Marinas - FOR SALE
1/18
null | Request Cap Rate

631 Northlake Blvd
North Palm Beach, FL 33408
North Palm Beach Village


OVERVIEW

631 Northlake Boulevard offers an exceptional investment opportunity with a prime waterfront marina and retail shop, providing direct access to the Intracoastal Waterway and the Atlantic Ocean in North Palm Beach. This well-maintained, owner-operated marina has been meticulously managed and expanded over 62 years, featuring accommodations for 13 boats, including five spacious slips, each over 30 feet, with 20,000-pound lifts and eight additional wet slips. Site size is .4687 acres or 20,417 square feet with a retail building of 4,310 square feet. A thriving bait-and-tackle shop complements the marina, catering to freshwater and saltwater fishing enthusiasts. Known for its custom rods and reels, the shop also boasts a diverse selection of live and frozen bait, tackle, clothing, snacks, and beverages, making it the ultimate one-stop destination for all boating and fishing needs. This turnkey opportunity includes the marina, business operations, inventory, furniture, fixtures, and equipment (FF&E), positioning investors for immediate success and income. With two access points to the Intracoastal Waterway and connectivity to the Palm Beach Inlet, this unique property is well-positioned for future potential growth and development. Operating in North Palm Beach, an affluent suburb north of West Palm Beach, 631 Northlake Boulevard enjoys a vibrant coastal atmosphere enriched by numerous restaurants, coffee shops, and parks. Explore endless possibilities and capitalize on North Palm Beach's booming retail and recreational boating sectors with this dynamic commercial offering.

FOR SALE DETAILS

PRICE

$5,500,000 USD

PRICE/SF

$1,276 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Retail & 13 Boat Marina

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Marinas

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1962

SPRINKLERS

-

PARKING SPACES

17

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,038 SF

ZONING

C1

APN/PARCEL ID

68-43-42-16-04-037-0152

ASK ABOUT THIS PROPERTY

Caroline FallonShepard Realty, Inc.More Info
561-762-3181

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Caroline FallonShepard Realty, Inc.More Info
561-762-3181

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