The transaction involves the sale of a marina located at 4894 Front Street and 4877 Front Street in Ponce Inlet, Florida. The property encompasses 15.87 acres and includes 1,300 feet of Halifax River frontage, a full-service marina, and a renowned restaurant known as Down the Hatch Seafood Restaurant. The sale price for the property was $21,960,000.

Summary of transaction details:

• Property Type: Marina
• Transaction Amount: $21,960,000
• Address: 4894 Front Street & 4877 Front Street
• Market: Ponce Inlet
• Acres: 15.87
• Brokers: Carl Lentz - SVN Alliance; David Kendall - SVN Nautilus

David Kendall of SVN Nautilus and Carl Lentz of SVN Alliance were the brokers who facilitated this significant transaction. Their roles involved representing the parties in the sale of the property, showcasing their expertise in handling real estate deals within this market.