SVN Marina Brokers Florida Marina Sale

SVN Marinas is pleased to announce it has advised the owners of Emerald Coast Marine Group on the sale of the marina, located in Niceville, Florida to Safe Harbor Marinas, a wholly-owned subsidiary of publicly listed Sun Communities, Inc.

Advising the deal for the seller were David Kendall and Mike Howell, the founding partners of SVN Marinas, a marine advisory practice specializing in M&A and business advisory services for marine properties and marine businesses throughout the United States and the Caribbean.

“We congratulate the owners and management team on the sale of this best-in-class marine facility,” Kendall said. “While the price is not disclosed, Emerald Coast Marine Center is one of the largest and most diversified marina complexes in the Florida Panhandle. The leadership team at Emerald Coast had the vision to transform the property from a regional marina into a highly profitable, world-class marina complex, which meets the demands and satisfies the recreational boating needs of their customers.”

The Emerald Coast Marine Center is a destination lifestyle marina on the Emerald Coast of Northwest Florida. The concept of a marine center provides for a turnkey approach to boat ownership, recreation, storage, and maintenance.  The marina includes a hurricane-rated indoor storage facility accommodating up to 280 boats and 70 wet slips together with a leading regional boat dealership carrying premium brands that include; Beneteau, Blackfin, Crownline, Crest, Crevalle, Hurricane, Key West, Monterey, Nautique, Release, Sea Pro, and Solace.