NEW RIVER MARINA

3001 State Road 84 (Marina Mile Blvd) - Fort Lauderdale, FL 33312 USA

Phone: (954) 584-2500  -  Fax: (954) 791-7522

After a career of more than 50 years Fort Lauderdale businessman Alex Nichols is looking toward retirement.


New River Marina, an active full-service shipyard in Fort Lauderdale, is offered for sale by owner. 


New River Marina is an exciting opportunity for an aggressive owner/operator who is looking to acquire a facility in the "Boating  Capitol" of the world. 

ABOUT NEW RIVER MARINA

 

Established over 15 years NEW RIVER MARINA serves boaters from Broward, Miami-Dade and the Palm Beaches.  The yellow three story office building is a local landmark.  In 2008 ownership changed when Fort Lauderdale businessman Alex Nichols acquired the property.  Under new ownership and management New River Marina has expanded and grown and is now one of south Florida’s leading marine enterprises.

 

THE OPPORTUNITY

 

Fort Lauderdale Florida is referred to as “The Yachting Capital of the World.”  That’s a well deserved title based on facts and numbers; over 10 million visitors yearly, a marine industry that generates over $10.8 billion annually, an increasing number of mega-yachts (those over 80’).  The bottom line, the marine industry in south Florida is second to none.

 

During the real estate boom in the early and mid 2000’s several marina’s were bought out and turned into high-rise condos and apartments.  Then the market soured.  Now as the economy begins to turn around people from other states and from around the world are once again moving to south Florida.  That means more people boating and a growing need for marine services with fewer marinas to serve them.

 

If you have been thinking about re-locating to south Florida, owning a full-service shipyard or expanding an existing business, New River Marina has much to offer.  The opportunity is yours and now is the time to purchase this well-known waterfront property before the real estate market heads up.

        

New River Marina is offered for sale at $13,000,000

(OWNER FINANCING AVAILABLE TO QUALIFIED BUYER)

  

  • 4.67 acres including New River waterfront property.
  • 297' of frontage along the north side of State Road 84.
  • 575' of shoreline along the west bank of the New River (available draft to 8').
  • 7,298 sq ft three story building with multiple independent entrances and elevator.
  • Accommodating deck space and excellent sign frontage visible from SR 84 and I-595.
  • Fully operational marina with room for expansion.
  • 80 ton Travelift
  • Yacht paint structure
  • Three forklifts -15, 5 and 3 ton
  • 60 ton Hostar hydraulic yard trailer
  • A variety of wet slips (Finger piers, floating docks and face dockage)
  • Contract with CBS for large double-side billboard
  • Cellular telephone tower contract.
  • Ample parking

ADDITIONAL INFORMATION:

 

Bankruptcy:  On August 15, 2008, New River Marina was turned over to Alex Nichols/84 Marina LLC through bankruptcy proceedings case #07-11531-BKC-JKO.  Settlement and Deliver Deed and Bill of Sale.  Full documents are available for viewing at the New River Marina offices.

 

Appraisals:  Since 2004 the property has been appraised by the bankruptcy court and various individuals. Copies are the appraisals are available for viewing at the New River Marina offices.


P&L: YTD 2008 - 2011 and pre-bankruptcy financials are available for viewing at the New River Marina offices.

 

Environmental Reviews:  Phase 1 and Phase 2 inspections have been satisfactorily completed.  Copies of the full documents are available for viewing at the New River Marina offices.

 

In-Progress:  Various improvements, expansion plans, permits for a second structure - 86' wide, 110' long and 48' high and for a larger haul-out well to accommodate vessels up to 130' available for viewing at the New River Marina offices.

CONTACT INFORMATION:

 

Alex Nichols, President

3001 West State Road 84, Fort Lauderdale, FL 33312 USA

Telephone Business: (954) 584-2500

Telephone Cellular: (954) 816-5993

 

email: alex@newrivermarina.net