2400 Bayshore BOULEVARD, Dunedin, FL, 34698 | $10,000,000

LOCATION! The Pirates Cove Marina and Boat Club is situated in Dunedin, Florida and in the heart of the best boating in North Pinellas County. This established marina features 374’ of waterfront on the intracoastal and just minutes to world-famous Caladesi Island, Honeymoon Island and Clearwater Beach AND just north of downtown Dunedin. Featuring over 18, 000 sq. ft. of interior showroom with offices/restroom and storage barn accommodating 81 inside storage racks. Grab cold drinks--including beer and wine, ice and a deli sandwich at the on-site air-conditioned Ship Store. The store has two restrooms and is stocked with other retail items like sunscreen and bait for purchase. Outdoor storage racks accommodate 48 boats. The dock area has 10 cradle lifts, 3 wet slips, 13 floating docks and a fuel pump. Fully staffed to provide hauling, launching, line handling, flushing and spray down. The Fun Boat Club has almost 200 members and is positioned to grow! Offering affordable memberships and great customer service. There are on-site new boat sales featuring the Godfrey brand; Service department and authorized dealer/technician for Mercury and Suzuki motors. Situated on 1. 365 acres including submerged lands totaling 2. 25 acres, this highly visible location has excellent road frontage with over 25, 000/day. There is tons of parking with 57 spaces and the property is easy to access via car or boat. With multiple income streams from boat sales, storage, ship store and boat club, the possibilities are endless. This is a rare opportunity to own a marina on the West Coast of Florida. A non-disclosure agreement is required.

Features

  • Property Type: Retail
  • Construction: Concrete
  • Garage: Over 30 Spaces
  • Levels: 1
  • Cooling: Central Air
  • Year Built: 1968
  • Acreage: 1.36
  • Est. Taxes: $23,835
  • Lot Desc: Flood Insurance Required, City Lot, Street Lights, Waterfront
  • MLS#: U8242236
  • Days on Market: 197 days
  • Website: https://www.raveis.com
    /prop/U8242236/2400bayshoreboulevard_dunedin_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 11/24/2024 11:47:10 PM)
Listing courtesy of ENGEL & VOLKERS BELLEAIR   Phone: 727-461-1000

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NMLS Mortgage Loan Originator ID 16953

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2400 Bayshore BOULEVARD, Dunedin, FL, 34698

$10,000,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $8,000,000 $8,000,000 $8,000,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.625% 6.625% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.282% 6.762% 6.036%
Monthly Tax Payment $1,986 $1,986 $1,986
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $51,225 $51,225 $70,240
Total Monthly Payment $53,336 $53,336 $72,351

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.