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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



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.
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 | Building Class | C |
| Price Per SF | $318.98 CAD | Lot Size | 1.45 AC |
| Sale Type | Investment or Owner User | Building Size | 15,000 SF |
| Property Type | Specialty | No. Stories | 1 |
| Property Subtype | Marina | Year Built | 1985 |
| Zoning | c-3 Commercial Rec | ||
| 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
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Property Taxes
| Parcel Numbers | Improvements Assessment | $306,583 CAD | |
| Land Assessment | $1,152,926 CAD | Total Assessment | $1,459,509 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$1,152,926 CAD
Improvements Assessment
$306,583 CAD
Total Assessment
$1,459,509 CAD
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7022 SW 358 Hwy - Good Times Marina-Restaurant-Cabins-Storage
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