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Lake Tarpon Marina 37517 U.S. Highway 19 N 6,234 SF 100% Leased Retail Building Palm Harbor, FL 34684 $4,490,000 ($720.24/SF)
INVESTMENT HIGHLIGHTS
- 44 Wet Slips: Existing dock capacity with a mix of tenant rentals and owner use, providing both stable baseline income and optimization potential.
- High Tra?c Exposure: Approximately 258 feet of frontage on U.S. Highway 19 with an average annual daily tra?c count of approximately 93,000 vehicles.
- Waterfront Commercial Asset: 1.78 acre marina property located in Palm Harbor with direct water access and operational infrastructure.
- Zoning Flexibility: Situated within the Commercial Parkway District zoning, supporting marine, service, retail, and commercial uses.
- Capital Investment Completed: Approximately $812,500 in recent improvements including seawall reinforcement, fencing, parking, and building upgrades.
EXECUTIVE SUMMARY
Lake Tarpon Marina is a fee simple waterfront commercial asset located along U.S. Highway 19 within the Commercial Parkway District zoning designation, which allows for a range of commercial and marine-related uses. The site consists of 1.78 acres with 44 wet slips and approximately 4,534 square feet of building improvements supporting marina operations, marine service activities, and customer-facing retail functions. The property benefits from ±258 feet of visibility along U.S. Highway 19, a major regional transportation corridor with a daily tra?c volume of 93,000 vehicles, providing consistent exposure. Recent capital improvements totaling approximately $812,500 have been made which includes seawall reinforcement, parking expansion, perimeter fencing, and building repairs. Existing slip utilization and on-site operations generate steady revenue, with upside through slip rate adjustments, owner slip conversion, and expansion of marine service o?erings. The combination of zoning flexibility, high tra?c visibility, and waterfront access, positions the property as a strong commercial holding suitable for marine businesses or other retail operations.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
6,234 SF
Building Class
B
Year Built/Renovated
1985/2018
Price
$4,490,000
Price Per SF
$720.24
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.08
Lot Size
1.78 AC
Zoning
CP - Commercial Parkway District
Parking
10 Spaces
Frontage
257’ on US Hwy 19 N
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Gulf Coast Boat Sales LLC
- Retailer
- -
- -
- -
- Meadow Brook Marina
- Services
- -
- -
- -
- Your Boat Club
- Arts, Entertainment, and Recreation
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Gulf Coast Boat Sales LLC | Retailer | - | - | - | ||
| Meadow Brook Marina | Services | - | - | - | ||
| Your Boat Club | Arts, Entertainment, and Recreation | - | - | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $197,094 | |
| Land Assessment | $983,184 | Total Assessment | $1,180,278 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$983,184
Improvements Assessment
$197,094
Total Assessment
$1,180,278
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Lake Tarpon Marina | 37517 U.S. Highway 19 N
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