37517 US HWY 19 N Palm Harbor FL 34684

Lake Tarpon Marina is a fee simple waterfront commercial asset located along U.S. Highway 19 within the Commercial Parkway District zoning designation, which allows for a range of commercial and marine-related uses. The site consists of 1.78 acres with 44 wet slips and approximately 4,534 square feet of building improvements supporting marina operations, marine service activities, and customer-facing retail functions. The property benefits from ±258 feet of visibility along U.S. Highway 19, a major regional transportation corridor with a daily traffic volume of 93,000 vehicles, providing consistent exposure. Recent capital improvements totaling approximately $812,500 have been made which includes seawall reinforcement, parking expansion, perimeter fencing, and building repairs. Existing slip utilization and on-site operations generate steady revenue, with upside through slip rate adjustments, owner slip conversion, and expansion of marine service offerings. The combination of zoning flexibility, high traffic visibility, and waterfront access, positions the property as a strong commercial holding suitable for marine businesses or other retail operations.

• Waterfront Commercial Asset: 1.78 acre marina property located in Palm Harbor with direct water access and operational infrastructure.

• Zoning Flexibility: Situated within the Commercial Parkway District zoning, supporting marine, service, retail, and commercial uses.

• 44 Wet Slips: Existing dock capacity with a mix of tenant rentals and owner use, providing both stable baseline income and optimization potential.

• Current Income: A flexible NNN lease is in place which could be reactivated or terminated upon new ownership. Additional income is generated through the lease of billboard signage.

• Functional Improvements: Approximately 4,534 square feet of buildings including marine service shop, office, and customer-facing retail space.

• High Traffic Exposure: Approximately 258 feet of frontage on U.S. Highway 19 with an average annual daily traffic count of approximately 93,000 vehicles.

• Capital Investment Completed: Approximately $812,500 in recent improvements including seawall reinforcement, fencing, parking, and building upgrades.

• Established Operations: Onsite marine repair capabilities, fuel system, and parts retail infrastructure supporting ongoing service revenue.

• Income Growth Potential: Opportunity to convert owner-use slips to tenant occupancy and align slip rates with market conditions.

• Service & Sales Expansion Opportunity: Existing shop space and layout support increased repair volume, storage services, and sales.

• Strategic Coastal Location: Direct access to the Intracoastal Waterway and a boating market with year-round recreational demand.