2044 west first street - loopnet€¦ · 3033 winkler avenue, suite 190, fort myers, fl 33916 svn |...

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OFFERING SUMMARY Sale Price: $21,000,000 Lot Size: 4.734 Acres Building Size: 35,813 SF Zoning: PUD (City of Fort Myers) Site Operations: •Marina •Hotel •Restaurant •Residential Approval •Retail Approval PROPERTY OVERVIEW The marina is located in one of Florida's fastest-growing counties. The marina consists of an existing 131 slip, state-of-the-art floating concrete docking system for luxury yachts up to and over 100'. The marina offers wide fairways for easy navigation and each slip is serviced by 30 & 50 amp electrical service, water, and Internet access. There is a submerged land lease to the local municipality which may allow for conversion and sale of the slips as long-term leases or non-fee simple Dockominiums. The site has entitlements for a 352 unit twin tower high rise plus 37,685 square feet of retail and parking garage. PUD & permits in place for this 4.734 +/- acre prime waterfront site. Current operations include a Hotel, Marina, and Restaurant Lease which generate significant cash flow. PROPERTY HIGHLIGHTS 4.734 +/- Acres of Prime Waterfront - PUD & Permits in Place Current operations include a Hotel, Marina, and Restaurant Lease which generate significant cash flow PUD Includes approval for 352 Residential Units & 37,685 SF of Retail on Land Existing 131 Slip State of the Art Floating Concrete Docking System Waterfront Location with Gulf Access Confidentiality Agreement at end of package. Sign and send to Steve Cunningham for more information 2044 West First Street Fort Myers, FL 33901 FOR SALE- Marina Development | Investment Opportunity The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated. Stephen A. Cunningham, MAI, CCIM Bryan J. Myers Managing Director Senior Advisor 239.315.7010 239.315.7101 [email protected] [email protected]

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Page 1: 2044 West First Street - LoopNet€¦ · 3033 Winkler Avenue, Suite 190, Fort Myers, FL 33916 SVN | KOVA Fort Myers | P. 239.205.2344 | F. 239.789.2663 | CONFIDENTIALITY AGREEMENT

OFFERING SUMMARY

Sale Price: $21,000,000

Lot Size: 4.734 Acres

Building Size: 35,813 SF

Zoning: PUD (City of Fort Myers)

Site Operations: •Marina

•Hotel

•Restaurant

•Residential Approval

•Retail Approval

PROPERTY OVERVIEWThe marina is located in one of Florida's fastest-growing counties. The marinaconsists of an existing 131 slip, state-of-the-art floating concrete docking system forluxury yachts up to and over 100'. The marina offers wide fairways for easy navigationand each slip is serviced by 30 & 50 amp electrical service, water, and Internet access.There is a submerged land lease to the local municipality which may allow forconversion and sale of the slips as long-term leases or non-fee simple Dockominiums.The site has entitlements for a 352 unit twin tower high rise plus 37,685 square feet ofretail and parking garage. PUD & permits in place for this 4.734 +/- acre primewaterfront site. Current operations include a Hotel, Marina, and Restaurant Leasewhich generate significant cash flow.

PROPERTY HIGHLIGHTS• 4.734 +/- Acres of Prime Waterfront - PUD & Permits in Place

• Current operations include a Hotel, Marina, and Restaurant Lease which generatesignificant cash flow

• PUD Includes approval for 352 Residential Units & 37,685 SF of Retail on Land

• Existing 131 Slip State of the Art Floating Concrete Docking System

• Waterfront Location with Gulf Access

• Confidentiality Agreement at end of package. Sign and send to Steve Cunninghamfor more information

2044 West First StreetFort Myers, FL 33901

FOR SALE- Marina Development | Investment Opportunity

The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirmaccuracy and completeness. All SVN® offices are independently owned and operated.

Stephen A. Cunningham, MAI, CCIM Bryan J. MyersManaging Director Senior Advisor239.315.7010 [email protected] [email protected]

Page 2: 2044 West First Street - LoopNet€¦ · 3033 Winkler Avenue, Suite 190, Fort Myers, FL 33916 SVN | KOVA Fort Myers | P. 239.205.2344 | F. 239.789.2663 | CONFIDENTIALITY AGREEMENT

FOR SALE- Marina Development/Investment Opportunity

The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirmaccuracy and completeness. All SVN® offices are independently owned and operated.

Stephen A. Cunningham, MAI, CCIM Bryan J. MyersManaging Director Senior Advisor239.315.7010 [email protected] [email protected]

Page 3: 2044 West First Street - LoopNet€¦ · 3033 Winkler Avenue, Suite 190, Fort Myers, FL 33916 SVN | KOVA Fort Myers | P. 239.205.2344 | F. 239.789.2663 | CONFIDENTIALITY AGREEMENT

FOR SALE- Marina Development/Investment Opportunity

The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirmaccuracy and completeness. All SVN® offices are independently owned and operated.

Stephen A. Cunningham, MAI, CCIM Bryan J. MyersManaging Director Senior Advisor239.315.7010 [email protected] [email protected]

Page 4: 2044 West First Street - LoopNet€¦ · 3033 Winkler Avenue, Suite 190, Fort Myers, FL 33916 SVN | KOVA Fort Myers | P. 239.205.2344 | F. 239.789.2663 | CONFIDENTIALITY AGREEMENT

FOR SALE- Marina Development/Investment Opportunity

The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirmaccuracy and completeness. All SVN® offices are independently owned and operated.

Stephen A. Cunningham, MAI, CCIM Bryan J. MyersManaging Director Senior Advisor239.315.7010 [email protected] [email protected]

Page 5: 2044 West First Street - LoopNet€¦ · 3033 Winkler Avenue, Suite 190, Fort Myers, FL 33916 SVN | KOVA Fort Myers | P. 239.205.2344 | F. 239.789.2663 | CONFIDENTIALITY AGREEMENT

POPULATION 1 MILE 5 MILES 10 MILES

Total population 4,076 132,909 367,545

Median age 49.7 40.9 44.0

Median age (Male) 44.5 39.8 42.7

Median age (Female) 53.8 42.0 45.0

HOUSEHOLDS & INCOME 1 MILE 5 MILES 10 MILES

Total households 1,904 53,602 151,124

# of persons per HH 2.1 2.5 2.4

Average HH income $56,019 $54,737 $64,024

Average house value $272,343 $203,310 $239,644

* Demographic data derived from 2010 US Census

FOR SALE- Marina Development/Investment Opportunity

The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirmaccuracy and completeness. All SVN® offices are independently owned and operated.

Stephen A. Cunningham, MAI, CCIM Bryan J. MyersManaging Director Senior Advisor239.315.7010 [email protected] [email protected]

Page 6: 2044 West First Street - LoopNet€¦ · 3033 Winkler Avenue, Suite 190, Fort Myers, FL 33916 SVN | KOVA Fort Myers | P. 239.205.2344 | F. 239.789.2663 | CONFIDENTIALITY AGREEMENT

SVN | KOVA Fort Myers

3033 Winkler Avenue, Suite 190, Fort Myers, FL 33916 | P. 239.205.2344 | F. 239.789.2663 | www.svnkova.com

CONFIDENTIALITY AGREEMENT

In connection with the Exclusive Right of Sale Agreement of certain property generally described as “Sullivan PUD, Ordinance No. 3717 of the City of Fort Myers, Florida”) under multiple ownerships described as MARC C. SULLIVAN, AS TRUSTEE; CENTENNIAL HARBOUR MARINA, LLC; WINYAH, LLC; NAVILLUS GROUP, LLC AND PALM CITY CAPITAL, LLC; (“OWNER”); and SVN | KOVA FORT MYERS (“BROKER”), Owner and Broker may be providing you with certain information with respect thereto that is non-public, confidential or proprietary in nature. Accordingly, the following shall constitute both the Owner’s and the Broker’s agreement relating to the non-disclosure and use by you of such non-public, confidential and proprietary information: 1. Except as expressly provided below, you agree that all information, whether oral, written, via computer disk or electronic media or otherwise, to which you are given access or is made available to you by us (including by our agents and representatives) is referred to as “Confidential Information.” Confidential Information shall include, without limitation, all property documentation and information, underwriting processes, files contracts, proprietary information, historical and projected financial information, strategic or management plans, and customer information, whether received before or after the date hereof, regardless of whether such information is specifically identified as confidential. 2. Except as expressly provided herein, you agree to hold all Confidential Information in confidence, that you will not disclose any Confidential Information to any person, other than directors, officers, employees, agents or representatives (collectively, the “Representatives”) who have a need to know such information in connection with the Listing, and that you will not use any such Confidential Information for purposes other than in connection with the Listing. You agree to inform your Representatives of the confidential and valuable nature of the Confidential Information and of your obligations under this agreement. You shall be responsible and liable for any breach of this agreement by your Representatives. You agree to use reasonable care and implement reasonable controls, but in all events at least the same degree of care and controls that you use to protect your own confidential and proprietary information of similar importance, to prevent the unauthorized use, disclosure or availability of Confidential Information. 3. In the event that discussions between us are terminated for any reason whatsoever or no definitive agreement has been entered into with respect to the Listing, or at any time upon our request, you agree to return promptly all copies of the Confidential Information without retaining any copies thereof and to destroy all copies of any analysis, compilations, studies or other documents prepared by you or for your use containing or reflecting any Confidential Information. , fl 4. In as much as any breach of this agreement may result in immediate and irreparable injury, it is recognized and agreed that we shall be entitled to equitable relief, including injunctive relief and specific performance, in addition to all other remedies available at law. Further, all of your obligations hereunder and our rights and remedies hereunder shall survive any return or destruction of the Confidential Information and any termination of our discussions with respect to the Listing. Additionally, to the extent Confidential Information includes non-public, confidential or proprietary information of a third party, that third party shall be a third party beneficiary with respect to the provisions of this agreement and shall be entitled to enforce such provisions directly against you as that third party’s interests may warrant. 5. This Agreement is enforceable in a court of competent jurisdiction in Lee County, Florida. In the event of any such court action, the non-prevailing party shall be responsible to pay the prevailing party any of its reasonable attorney fees. 6. This Agreement may be executed in counterparts and the counterparts, when taken together, shall constitute the agreement of the parties. Any electronic copies of any signatures hereon shall be deemed original.

Page 7: 2044 West First Street - LoopNet€¦ · 3033 Winkler Avenue, Suite 190, Fort Myers, FL 33916 SVN | KOVA Fort Myers | P. 239.205.2344 | F. 239.789.2663 | CONFIDENTIALITY AGREEMENT

SVN | KOVA Fort Myers

3033 Winkler Avenue, Suite 190, Fort Myers, FL 33916 | P. 239.205.2344 | F. 239.789.2663 | www.svnkova.com

7. In the event of any conflict between this Agreement and any Listing Agreement, the terms of this Agreement shall prevail. OWNERS:

Marc C. Sullivan as Trustee; Centennial Harbour Marina, LLC; Winyah, LLC; Navillus Group, LLC, Palm City Capital, LLC BY:

ITS: Authorized signature for all entities.

BROKER:

SVN | KOVA Fort Myers BY:

ITS:

COOPERATING BROKER:

BY:

ITS:

PRINCIPAL:

BY:

ITS: