The offering includes two vacant parcels totalling 11.4 acres (4.6ha), comprising 3.7 acres of upland and 7.7 acres of deeded submerged land. There is a potential to expand the existing marina basin to 15.3 acres (6.2ha) with a state submerged land lease. The property can accommodate yachts up to 200ft (61m) in length with its basin depths of up to 17ft (5.2m).
Proposed designs have been drawn up by Cummins Cederberg Engineers to conform with existing zoning and regulations. The plan showcases the potential for development of a superyacht marina within the fee simple area, as well as in an expansion area that is subject to the submerged land lease. Renditions have been developed for different configurations for 92 to 157 slips and a 256ft (78m) dedicated fuel dock.
“It is one of the only superyacht development opportunities in South Florida,” Julie Fisher Berry, senior vice president CBRE Capital Markets, tells Marina World. “The depths in and around the property can accommodate large yachts, which is unusual. With the shortage of slips for larger vessels in South Florida and everywhere, our Stuart development opportunity is positioned to be a stunning marina with land to develop amenities and concierge services. Stuart is also exploding with affluent residential homes.”
Senior associate Sheila Roux adds: “A new Brightline station has been approved for Stuart as well, coming in 2026, and is within walking distance of the property. This aligns quite nicely with the timing of a new development.” The rail service will give quick and convenient connections to Orlando, West Palm Beach, Fort Lauderdale and Miami.
Enquiries to: julie.berry@cbre.com or sheila.roux@cbre.com