Share This Listing

Message

917 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

7022 SW 358 Hwy - Good Times Marina-Restaurant-Cabins-Storage 15,000 SF Specialty Building Offered at $4,784,675 CAD in Steinhatchee, FL 32359

Save this listing!

Favourite this listing to get notified of price updates, new media and more

Investment Highlights

  • 44 Floating wet slip marina and 23 existing integrated lodging Units
  • Plus 2 acres with 26 covered boat/RV storage units Another vacant 2 acre site adjacent to the boat/RV storage
  • Plans to reinstate motel with 73 units

Executive Summary

Unique Multi-Parcell Waterfrontt Offering withh Diverse Income Streams - The offering consists of five parcels totaling approximately 9± acres, including a 1.8± acre waterfront marina and four upland parcels. The property benefits from multiple complementary revenue streams including marina slips, cabin rentals, restaurant and bar operations, boat storage, residential rentals, and significant future development potential.
Established, Income-Producing Marina and Hospitalityy Asset - The 2± acre waterfront marina features 44 existing boat slips (49 permitted), active boat rentals, fuel service, boat ramp, and a fish cleaning station. The property also includes 23 high-quality waterfront cabins and a well established restaurant and bar, creating a vibrant destination for boaters and visitors.
Significant Hospitality Redevelopment Upside -Ownership has plans in place, with preliminary support from the City, to redevelop and reinstate a 73-unit motel on
the marina parcel. This provides a major value-add opportunity to expand lodging capacity and substantially increase revenue.
Additional Boat and RV Storage Income with Expansion Potential -An upland 2± acre parcel includes 26 covered boat storage units across two bays and outdoor RV storage area. A neighboring vacant 2± acre parcel offers the opportunity to expand storage capacity or pursue additional development.
Additionall Residentiall Incomee andd Landd Bankk Opportunityy
Two additional upland parcels, of approximately 3± acres, include existing manufactured homes that generate
residential rental income. These parcels also provide long-term redevelopment potential for additional
residential units, workforce housing, or marina-support uses.
Multiple Revenue Streams Provide Stable and Resilient Cash Flow - The combination of marina operations, lodging, restaurant and bar, storage income, and residential rentals
creates a diversified revenue base that enhances income stability and reduces reliance on any single source.
Compeling Value-Add and Expansion Opportunity - The offering presents significant upside through motel redevelopment, expansion of boat and RV storage, additional residential units, and operational optimization.
Passive Ownership Opportunity with Professional Management Potential - The property is currently absentee-owned and operates successfully, presenting an opportunity for continued passive ownership or increased returns through active management and institutional operational efficiencies.

Property Facts

Price $4,784,675 CAD
Price Per SF $318.98 CAD
Sale Type Investment or Owner User
Property Type Specialty
Property Subtype Marina
Building Class C
Lot Size 1.45 AC
Building Size 15,000 SF
No. Stories 1
Year Built 1985
Zoning c-3 Commercial Rec

Amenities

  • Waterfront

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 26-09-09-0045-000-00320
  • 26-09-09-0045-000-00830
  • 26-09-09-0045-000-00670
  • 26-09-09-0045-000-20320
Land Assessment
$1,152,926 CAD
Improvements Assessment
$306,583 CAD
Total Assessment
$1,459,509 CAD
  • Listing ID: 39678466

  • Date on Market: 2026-03-05

  • Last Updated:

  • Address: 7022 SW 358 Hwy, Steinhatchee, FL 32359

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}