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    631 Northlake Blvd West Palm Beach, FL 33408

    For Sale
    $5,500,000

    Prime marina and retail shop with Intracoastal access.

    Lot size:
    0.47 Acres

    Property Features for 631 Northlake Blvd

    General Information

    Lot size
    0.47 Acres

    Building Details

    Year built
    1962

    Source: Shepard Realty Agent Caroline Fallon

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Waterfront Marina and Retail Shop

    This property presents an investment opportunity featuring a waterfront marina and retail shop. The marina, family-owned and operated for over 63 years, provides direct access to the Intracoastal Waterway and the Atlantic Ocean in North Palm Beach. It includes a fuel dock, 13 boat slips, with five slips equipped with 20,000-pound lifts and eight wet slips. A bait-and-tackle shop complements the marina, catering to freshwater and saltwater fishing enthusiasts with custom rods and reels, live and frozen bait, tackle, clothing, snacks, and beverages.
    Insight Report Location Intelligence

    Current Use by Public Records

    Lott Brothers Inc Fishing Store

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Daycare Center Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    West Palm Beach
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.0675322
    Latitude
    26.8081947

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    FAQs

    What type of property is this?
    Marina - Prime marina and retail shop with Intracoastal access.
    Where is this marina located?
    The property is located at 631 Northlake Blvd West Palm Beach, FL.
    What is the asking price?
    The asking price for this property is $5,500,000.
    What are key features of this property?
    This property features: - Prime waterfront marina with direct Intracoastal Waterway and Atlantic Ocean access.; - Established business with 63+ years of operation.; - Includes a thriving bait-and-tackle shop.
    (561) 762-3181
    Request Owner's contact information
    631 Northlake Blvd West Palm Beach, FL 33408
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    631 Northlake Blvd West Palm Beach, FL 33408
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