631 Northlake Blvd - Marinas FOR SALE


North Palm Beach, FL 33408- North Palm Beach Village
$4,200,000 USD
561-762-3181
631 Northlake Blvd, North Palm Beach, FL for Sale
$4,200,000 USD
Marinas - FOR SALE
1/16
null | Request Cap Rate

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


HIGHLIGHTS

  • Established marina with access to the Intracoastal Waterway and Atlantic Ocean
  • Working waterfront marina
  • Seawall, docks, lifts, fuel tank, and marina infrastrucutre in place
  • In business at this location for the past 63 years.

OVERVIEW

North Palm Beach Marina- Real Estate Only - Rare opportunity to acquire a working waterfront marina property in North Palm Beach, Florida. This real estate–only offering includes the land, building, and marina infrastructure providing flexibility for a buyer to operate, reposition, or hold a premier waterfront asset. The parcel is approximately 0.47 acres, and zoned C-NB Commercial. Improvements include the existing dock system with a total of 13 slips (5 with lifts and 8 wet slips) and waterfront enhancements. Located along a highly visible and well-traveled waterfront corridor this marina offers an exceptional investment opportunity with a prime waterfront marina and providing direct access to the Intracoastal Waterway and the Atlantic Ocean. This well-maintained, owner-operated marina has been meticulously managed and expanded for over 63 years. The retail business operations, inventory, and goodwill are excluded and may be sold separately by the seller. 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

$4,200,000 USD

PRICE/SF

$974 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Working Waterfront 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.