Joe H. Miller IV And BlueWater Marinas Acquire The Boathouse Marine Center In Pompano Beach For $16.1M

The property involved in the transaction is a marina located at 599 South Federal Highway in Pompano Beach, with an asset type classified as a marina. The sale was finalized on April 16, 2025, at a price of $16,100,000. The facility spans 36,000 square feet and covers an area of 1.59 acres, translating to a price per square foot of $447.

Summary of transaction details:

• Property Type: Marina
• Transaction Amount: $16,100,000
• Square Footage: 36,000
• Address: 599 South Federal Highway
• Market: Pompano Beach
• Buyer: Joe H. Miller IV, Dunston Powell & Joe H. Miller V - BlueWater Marinas
• Seller: Robert J. Roschman - Larro Holdings LLC
• Lender: First United Bank
• ACRES: 1.59

BlueWater Marinas acquired The Boathouse Marine Center from Larro Holdings, which included business operations and equipment as part of the transaction. The facility features 160 dry slips and 21 wet slips, underscoring the demand for boat storage in Broward County.