Aerial view of Faro Blanco Marina marina in Marathon, FL

Faro Blanco Marina

Marathon, FLAug 2021

$40M

Location

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Price

$40M

Location

Marathon, FL

Date

Aug 2021

Type

Acquisition

Buyer

Seller

Slips

74 wet slips (to 140 ft)

Price/Slip

Deal Details

First acquisition under Centerbridge/Resilient partnership. Near Seven Mile Bridge in the Florida Keys. Non-ethanol and diesel fuel, 30/50/100-amp electric, 24-hour security.

Checked against county records

    Pull the deed yourself from the Monroe County clerk or property appraiser using the parcel number above.

    The recorded consideration is what the deed says was paid for the land. It is not always the deal price — an entity sale leaves no deed, and a marina’s business can be worth more than its dirt. Where the two differ, both are shown.

    Source: Monroe County public records, as set out above.

    Market Context

    Based on 14 of 41 tracked Florida transactions that have a disclosed price, price-per-slip data is available to Pro members. This deal's price per slip: .

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    Frequently Asked Questions

    When did Faro Blanco Marina sell?

    Faro Blanco Marina in Marathon, FL closed a marina acquisition in Aug 2021.

    What are recent marina sales in Florida?

    There have been 41 tracked marina transactions in Florida, including Faro Blanco Marina and West Palm Marina. View all Florida marina deals at marinadealflow.com/deals/state/fl.

    Where can I find marina transaction data?

    Marina Deal Flow tracks marina sales, acquisitions, and listings across the United States. Pro members get access to buyer, seller, pricing, and cap rate data on every transaction.

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