BlueWater Marinas Acquires Package Deal Marina In Englewood For $10.35 Million

The property asset involved in this transaction is a package deal marina located at 890 & 900 South McCall Road in Englewood. The sale price for the property was $10,350,000, encompassing a total square footage of 49,247 and a price per square foot of $210. The marina spans approximately 3.4 acres and features three parcels, two located in Charlotte County and one in Sarasota County. Notable amenities include 188 racks of dry stack storage, eight designated wet slips, plans for fourteen additional wet slips, and various buildings for boat-related activities.

Summary of transaction details:

• Property Type: Package Deal (Marina)
• Transaction Amount: $10,350,000
• Address: 890 & 900 South McCall Road
• Market: Englewood
• Square Footage: 49,247
• Price Per Square Foot: $210
• Buyer: BlueWater Marinas
• Brokers: Calum Winsor - Current Capital Realty, Inc.; Christian J. Johannsen, CCIM - Investors Realty Services, Inc.

In this transaction, the property was represented by Calum Winsor from Current Capital Realty, Inc. and Christian J. Johannsen, CCIM from Investors Realty Services, Inc. The marina is fully leased and includes a Carefree Boat Club and Lemon Bay Boat Rental business/fleet, both of which were part of the purchase. The facilities are equipped with security systems, fire suppression systems, and an above-ground fuel tank for both diesel and gas fueling capabilities.