alta mar marina - LandQwest Commercial

ALTA MAR MARINA
OFFERING
PACKAGE
12800 University Dr., Suite 150 • Fort Myers, FL 33907
Ph (239) 275-4922 • www.LQwest.com
ALTA MAR MARINA
1. Executive Summary
2. Property Description
3. Brochure
4. Marine & Environmental
Consultant’s Information
5. Overall Site Plan
6. Proposed Lease Plan
7. Additional Photos
12800 University Dr., Suite 150 • Fort Myers, FL 33907
Ph (239) 275-4922 • www.LQwest.com
EXECUTIVE SUMMARY
Name:
Alta Mar Marina
List Price:
$2,500,000
Location:
2825 Palm Beach Boulevard (State Road 80)
Fort Myers, FL 33905
Property Type:
Special Use Marina
On the premise of Alta Mar Condominium
Condo Unit Size:
1,200 SF
Commercial Unit
Year Built:
2005
Description:
Permitted for 109 wet slip marina.
Remarks:
Located in the Fort Myers River District.
Unique opportunity for private/public use facility in a high-rise
waterfront community which currently needs this type of facility.
The package includes a 10 foot wide easement along
the entire shoreline that retains riparian rights with the
condominium unit.
Alta Mar Condominium is a residential
community fronting both the Caloosahatchee River and Billy’s Creek.
The submerged land lease has been approved by the state with
conditions to be adhered to by the purchaser.
12800 University Dr., Suite 150 • Fort Myers, FL 33907
Ph (239) 275-4922 • www.LQwest.com
PROPERTY DESCRIPTION
Description of Property
The original developer plans were to create a unique waterfront development
community.
While the upland development was completed and transferred to the
condominium association, the developer still holds the riparian rights to the waterfront (via
an exclusive easement), and marina related property and offers the following exclusive
opportunity.
The property is located within the Alta Mar Condominium residential community
located on State Road 80 / Palm Beach Boulevard, with the benefit of fronting both the
Caloosahatchee River and Billy's Creek with easy access to the IntercoastalWaterway (ICW).
This offering includes a 1,200 square foot commercial condo unit that was originally
designed to serve as a harbormaster's unit. The unit includes two full-service bath rooms,
one standard bathroom, and a laundry room. The unit is currently in gray shell condition
with the exception of the bath/shower/laundry portion.
The purchase of the commercial unit will transfer all rights to 109 permitted wet slips.
Fifty one (51) slips are reserved for sale to residents of Alta Mar, and 58 that are designated as
public use slips, all subject to the terms of the state submerged land lease.
Purchase of the marina also includes 72 designated spaces in the parking garage.
Obligations of Purchaser
The purchaser would be obligated to finalize the submerged land lease prior to
construction of the marina. Refer to the memorandum prepared by Hans Wilson, P.E.
regarding the status of the lease and related issues tied to the marina and use of the
sovereign state submerged lands.
Currently there are special conditions that must be complied with prior to the State
releasing the approved submerged land lease.
These conditions are outlined in the
memorandum.
12800 University Dr., Suite 150 • Fort Myers, FL 33907
Ph (239) 275-4922 • www.LQwest.com
ALTA MAR MARINA
2825 PALM BEACH BOULEVARD
FORT MYERS, FL 33905
PROPERTY INFORMATION
♦
SALE PRICE: $2,500,000
♦
1 COMMERCIAL UNIT/1,200 S.F. CONDO
♦
STATE AND FEDERAL REGULATORY PERMITS
ARE IN PLACE FOR 109 WETSLIPS
♦
UNIQUE MARINA DEVELOPMENT
OPPORTUNITY
♦
INCLUDES 72 PARKING SPACES IN DEDICATED
GARAGE
♦
EASY ACCESS TO INTERCOASTAL WATERWAY
LOCATION MAP
SITE
FOR MORE INFORMATION CONTACT:
Robin Mixon, Sales Associate
12800 University Drive, Suite 150 Ft. Myers, FL 33907
PH: 239-275-4922 EXT. 400, CELL: 239-872-3273 FX: 239-275-4699
rmixon@lqwest.com
WWW.LQWEST.COM
Information has been obtained from the owners or from other sources deemed reliable. We have no reason to doubt its accuracy but regret we can not guarantee it. All properties subject to change or withdrawal without notice.
2825 PALM BEACH BOULEVARD, FORT MYERS, FL 33905
LOCATION MAP
The planned marina is located within the Alta Mar
Condominium residential community, fronting both the
Caloosahatchee River and Billy’s Creek. The marina
was designed and permitted to be a mixed-use facility,
providing mooring for residents as well as the public.
This offering is a unique waterfront development consisting of a 109 wet slip marina, a parking garage with
72 spaces reserved for public access, and a 1,200 SF
condominium unit set up as a Harbormaster’s office.
The package also includes a 10’ wide easement along the
entire shoreline that retains riparian rights. The submerged land lease has been approved by the Governor
and Cabinet with conditions.
1-MILE
3-MILE
5-MILE
5,530
50,848
112,593
$28,058
$32,856
$38,032
Households
2,391
20,848
48,128
Employees
5,898
53,502
92,451
Population
Median HH Income
(DemographicsNow 2008)
FOR MORE INFORMATION CONTACT:
Robin Mixon, Sales Associate
12800 University Drive, Suite 150 Ft. Myers, FL 33907
PH: 239-275-4922 ext. 400 CELL: 239-872-3273 FX: 239-275-4699
rmixon@lqwest.com
WWW.LQWEST.COM
Information has been obtained from the owners or from other sources deemed reliable. We have no reason to doubt its accuracy but regret we can not guarantee it. All properties subject to change or withdrawal without notice.
Hans Wilson & Associates, Inc.
Marine & Environmental Consultants
1938 Hill Avenue • Fort Myers, Florida 33901
(239) 334-6870 • FAX (239) 334-7810
April 2009
To: Robin Mixon
From: Hans Wilson, P.E.
Subject: Alta Marina, LLC – Marina Status
Below is the status of the proposed project. Currently Tarragon Corporation is
seeking to sell the marina. The asking price is $2.5 million.
All state and federal regulatory permits have been issued regarding the marina.
There are 109 wetslips currently permitted: 51 private and 58 public. The
Department of Environmental Protection (DEP) permit was issued on September
20, 2007 and expires on September 20, 2012. The Army Corps of Engineers
(COE) permit was issued on October 10, 2007 and expires on October 10, 2012.
A City of Ft. Myers building permit is still needed prior to the commencement of
construction.
A submerged land lease from the state is still pending resolution of the
unauthorized fill parcel. As of now there is currently no temporary use agreement
from the Board of Trustees. In order to obtain a submerged land lease the issue
of the illegal fill on the northwest corner of the property on Billy’s Creek must be
resolved.
In order to resolve the issue of illegally filled state lands the filled area will have to
be purchased from the state. The area at issue will need to be surveyed by a
certified surveyor. Once the survey is prepared and an appraisal is completed by
a state approved appraiser, the land may be submitted for purchase to the
Governor and Cabinet, sitting as the Trustees of the Internal Improvements Trust
Fund. This will allow for a submerged land lease to be issued. Also, as a
condition of the lease, a conservation easement must also be established on the
property. The conservation easement description and drawings must also be
prepared by a professional surveyor.
Once this is complete, there would be a short sequence of events needed to
complete the entitlement process for the marina prior to construction.
For additional information, please feel free to contact me at any time.
Alta Mar North Side
Alta Mar South Side
Alta Mar Waterway
Alta Mar Condominiums
Alta Mar Parking Facility