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121 Riverbend Dr - Boat Storage & Marina -LaBelle, FL 12,500 SF Specialty Building Offered at $6,000,000 at a 7.20% Cap Rate in LaBelle, FL 33935
INVESTMENT HIGHLIGHTS
- Full Service DIY Boat Yard and Marina on Over 19 Acres
- Over 325,000 SF (7.5 Acres) of Outdoor Dry Storage With Room to Expand
- Below Market Rates With Potential to Significantly Increase Cashflow and Streamline Operations
- 12,500 SF of Building Area Consisting of 6 Single Family Homes and 3,000 SF Shop
- $1M+ of Equipment (Lifts, Trailers, Cranes, Tractors, and More) Included in Sale - Inquire For Details
- 3 Single Family Homes Rented and Occupied, 3 Are Rented For Storage, Providing Additional Income on Top of Marina Operations
EXECUTIVE SUMMARY
Sands Investment Group is Pleased to Exclusively Offer For Sale the Belle Hatchee Boat Storage & Marina Located at 121 Riverbend Drive in LaBelle, FL. This Deal Includes a Full Service DIY Boat Yard And Marina on Over 19 Acres and Below Market Rates With $1M + in Equipment and the Potential to Significantly Increase Cashflow And Streamline Operations, Providing For a Secured Investment.
In Cooperation With SIG RE Services, LLC - Lic. #CQ1055229 BoR: Andrew Ackerman - Lic. FL #BK3369953
In Cooperation With SIG RE Services, LLC - Lic. #CQ1055229 BoR: Andrew Ackerman - Lic. FL #BK3369953
FINANCIAL SUMMARY (PRO FORMA - 2025) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$936,000
|
$74.88
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$936,000
|
$74.88
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$374,400
|
$29.95
|
| Net Operating Income |
$561,600
|
$44.93
|
FINANCIAL SUMMARY (PRO FORMA - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $936,000 |
| Annual Per SF | $74.88 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $936,000 |
| Annual Per SF | $74.88 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $374,400 |
| Annual Per SF | $29.95 |
| Net Operating Income | |
|---|---|
| Annual | $561,600 |
| Annual Per SF | $44.93 |
PROPERTY FACTS
| Price | $6,000,000 | Building Class | C |
| Price Per SF | $480 | Lot Size | 12.82 AC |
| Sale Type | Investment | Building Size | 12,500 SF |
| Cap Rate | 7.20% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1989 |
| Property Subtype | Marina | ||
| Zoning | C-2 & C-3 - General & High Intensity Commercial | ||
| Price | $6,000,000 |
| Price Per SF | $480 |
| Sale Type | Investment |
| Cap Rate | 7.20% |
| Property Type | Specialty |
| Property Subtype | Marina |
| Building Class | C |
| Lot Size | 12.82 AC |
| Building Size | 12,500 SF |
| No. Stories | 1 |
| Year Built | 1989 |
| Zoning | C-2 & C-3 - General & High Intensity Commercial |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $131,560 | |
| Land Assessment | $762,473 | Total Assessment | $894,033 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$762,473
Improvements Assessment
$131,560
Total Assessment
$894,033
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121 Riverbend Dr - Boat Storage & Marina -LaBelle, FL
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