Aerial view of Lauderdale Marine Center marina in Fort Lauderdale, FL

Lauderdale Marine Center

Fort Lauderdale, FLMay 2021

$341.2M

Location

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Price

$341.2M

Location

Fort Lauderdale, FL

Date

May 2021

Type

Acquisition

Buyer

Seller

Slips

206 slips

Price/Slip

Deal Details

Carlyle Group bought this 60-acre superyacht facility on the New River for ~$140M in 2015, spent $35M on renovations, and flipped it to Safe Harbor for $341.2M — roughly 2x return in six years. 106 berths plus 200 total in-and-out-of-water positions. 485-ton lift capacity, vessels up to 210 feet, 20+ on-site tenants, 300+ authorized contractors.

Largest yacht repair facility in the U.S. Safe Harbor linked it with Rybovich (Palm Beach) and Newport Shipyard (RI) to form an East Coast superyacht service corridor. Per SEC filing (SUI 10-K FY2021).

Market Context

Based on 14 tracked marina transactions in Florida, average price per slip data is available to Pro members. This deal's price per slip: .

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Frequently Asked Questions

When did Lauderdale Marine Center sell?

Lauderdale Marine Center in Fort Lauderdale, FL closed a marina acquisition in May 2021.

What are recent marina sales in Florida?

There have been 36 tracked marina transactions in Florida, including Lauderdale Marine Center and Shalimar Harbor Marina (fka Two Georges). 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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