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30928891
30928906

7022 SW Hwy 358, Steinhatchee, FL 32359

Simply Marinas
Listed by Simply Marinas
$3,200,000
114 days on market
Updated 23 days ago

Good Times Marina (Cabins, Restaurant & Boat/RV Storage)

Details
Property Type Special Purpose
Sub Type Marina
Square Footage 15,000
Price per SqFt $213
Year Built 1985
Year Renovated 2010
Buildings 5
Acreage 9.000

Good Times Marina-Restaurant-Cabins-Storage

Marketing description

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.

Additional Residential Income and Land Bank Opportunity

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.

Investment highlights

44 Floating wet slip marina and 23 existing integrated lodging Units

Plans to reinstate motel with 73 units

Plus 2 acres with 26 covered boat/RV storage units Another vacant 2 acre site adjacent to the boat/RV storage

Listing Contacts

Simply Marinas
Listed by Simply Marinas

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Zoning

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Last updated May 25, 2026 For deeper zoning details, reports are available at Zoneomics

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