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779 West Wentworth, Englewood, FL
PRICE: $7,500,000


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Royal Palm Marina & Restaurant


Opportunity to acquire a full service marina and restaurant on Lemon Bay, with easy access, straight down the ICW to Stump Pass Inlet. The property consists of 4.4 +/- acres fee simple (of which 88,43 +/- sqft are upland), 73 deep water wet slips (20 of which are covered) 110 dry racks (inside and outside), boat rentals, boat charters, gas & diesel, parts & service, two story office and ship’s store, as well as a 165 seat restaurant, Banquet Hall and Tiki bar. 240 slips are approved through Manatee Program (and seller states that these slips are "transferable" to home owners) who otherwise could not get slip permit at their residence.

Details of this Englewood Marina For Sale
MARINA NAME: Royal Palm Marina ADDRESS: 779 West Wentworth
CITY: Englewood STATE: FL
TERMS: Cash WET SLIPS: 73 for boats up to 57 ft in length
DRY RACKS: 110 for boats up to 36 ft in length PRICE: $7,500,000
MAXIMUM BOAT SIZES: currently 80+ ft OCCUPANCY RATE: 55% wet slips - 66% dry racks
MLW DEPTH: 10 ft range ACREAGE: 4.4 +/- acres (upland & submerged) all owned fee simple
ZONING: Commercial Intensive (grandfathered, which allows virtually everything by right in this zoning class) and Marina Park BUILDINGS: three: (one 10,000 +/- sqft three rack high dry storage shed, one 4,000 +/- two rack high dry storage / service shed, and 2,818 +/- sqft two story restaurant / Tiki Bar.)
MARINE STORE: Yes FUEL DISPENSING: 6,000 gallons divided AST in above ground tank
HAULING CAPACITY: 50ton Travelift and Wiggins Fork Lift to 65 foot maximum BOAT SALES: N/A
BOAT BROKERAGE: N/A BOAT RENTALS: Yes
MARINE SERVICE: Fully certified mechanics, offering full services: Repair & replacement of outboard & I/O engines, fiberglass work, painting, detailing, and our 50 ton travel strap lift is a 7 hour ride closer to Sarasota than anyone in our area of the State. The site is one of the only authorized live-aboard marina facilities in Sarasota or Charlotte Counties. PARTS: Full parts department
WINTER STORAGE: N/A RESTAURANT: Zeke’s Bayside Bar & Grill : 165 seat Restaurant, 60 seat Banquet Hall & Tiki Bar
ON SITE RESIDENCE: N/A SLIP/RACK SALES: N/A
PARKING SPACES: more than adequate OTHER PROFIT CENTER: N/A
FINANCING AVAILABLE: N/A AREA/ON-SITE AMENITIES: : on-site laundry, sparkling clean restrooms (supplied by a new 600 gallon solar Water Heating System), security gates, movie and book library, and complimentary bikes to explore the area. Adjoining 9.4 +/- acre property available for $7,500,000
EQUIPMENT INCLUDED: all equipment and tools on site STATUS: Active