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121 Riverbend Dr - Boat Storage & Marina -LaBelle, FL 12,500 SF Specialty Building Offered at $8,375,520 CAD 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 (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$1,294,020
|
$103.52
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$1,294,020
|
$103.52
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$517,608
|
$41.41
|
| Net Operating Income |
$776,412
|
$62.11
|
FINANCIAL SUMMARY (PRO FORMA - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $1,294,020 |
| Annual Per SF | $103.52 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $1,294,020 |
| Annual Per SF | $103.52 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $517,608 |
| Annual Per SF | $41.41 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $776,412 |
| Annual Per SF | $62.11 |
PROPERTY FACTS
| Price | $8,375,520 CAD | Building Class | C |
| Price Per SF | $670.04 CAD | 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 | $8,375,520 CAD |
| Price Per SF | $670.04 CAD |
| 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 | $158,997 CAD (2024) | |
| Land Assessment | $1,064,351 CAD (2024) | Total Assessment | $1,223,348 CAD (2024) |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,064,351 CAD (2024)
Improvements Assessment
$158,997 CAD (2024)
Total Assessment
$1,223,348 CAD (2024)
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121 Riverbend Dr - Boat Storage & Marina -LaBelle, FL
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