2152 Boat Yard Rd Moore Haven, FL 33471
For Sale
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This exceptional 13-acre business opportunity, Glades Boat Storage, Inc., is located in Moore Haven, Florida (33471), at 2152 Boat Yard Rd, Glades County. The property, built in 1990, features a two-story, 10,303 square foot building with 281 units and offers a 6.00% cap rate. The asking price is $10,500,000, representing $1,019.12 per square foot and $37,366.55 per unit. This established business boasts a unique selling proposition as Florida's only Do-It-Yourself Work Area, catering to a community of boaters. Situated on the Okeechobee Waterway (St. Mi. 89), it benefits from a "hurricane-proof" location with locks mitigating water surge. The facility includes a 50-ton lift and offers inland, fresh-water storage with no tides. The property's geographical coordinates are Latitude: 26° 47' 22.1489" and Longitude: -81° 14' 28.4975". Road access is via Highway 80, 12 miles east of Labelle. Turn north on Horseshoe Acres onto Palomino Drive and follow signs north to the river. This turnkey operation presents a compelling investment opportunity in a thriving market. The property's APN is A29-42-31-A00-005F-0000 | A29-42-31-A00-005G-0000.
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Glades Boat Storage Inc Storage Facility
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.