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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

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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

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
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

PROPERTY TAXES

Parcel Numbers
Multiple
  • 1-29-42-32-090-0000-0030
  • 1-29-42-32-090-0000-0040
  • 1-29-42-32-A00-0069-0000
Land Assessment
$1,064,351 CAD (2024)
Improvements Assessment
$158,997 CAD (2024)
Total Assessment
$1,223,348 CAD (2024)
  • Listing ID: 34645731

  • Date on Market: 2025-01-29

  • Last Updated:

  • Address: 121 Riverbend Dr, LaBelle, FL 33935

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