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- RE: New Port Richey Prime 42 Slip Marina + Redevelopment Upside For Sale
- Contact: Michael And Abby Spizzirri
Quick Facts
| Asking Price: | $6,400,000 | |
| Annual Revenue: | $756,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $756,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1992 | |
| Employees: | 1 | |
| BBN Listing #: | 1005314 | |
| Broker Reference #: | 34983 |
Business Overview:
This is a rare opportunity to acquire a truly one-of-a-kind waterfront Restaurant Real Estate and marina property located along highly traveled US-19 in New Port Richey, Florida. Positioned on approximately 1.53 acres, this exceptional offering combines a fully operational restaurant with a 42-slip marina, including 10 designated commercial slips, creating a destination that is both highly visible from the roadway and uniquely accessible by water. Opportunities of this caliber—where land, business, and marina infrastructure align—are increasingly difficult to find in today's market.
This Restaurant Real Estate stands out immediately with its distinctive construction and layout, offering a building that is not only functional but truly memorable. Designed to embrace the waterfront setting, the structure delivers an authentic Florida experience that draws both locals and visitors. Guests can arrive by car or by boat, creating multiple revenue channels and a built-in customer base that traditional restaurant locations simply cannot replicate.
The marina component significantly enhances the value of this asset. With 42 total slips, including 10 commercial slips, the property is well-positioned to generate consistent income through slip rentals, transient docking, or expanded marina services. For a buyer focused on maximizing returns, there is a clear path to further optimize operations and take this asset to its full potential, with the ability to generate in excess of $750,000 annually in rental and marina-related income alone. This powerful combination of restaurant and marina operations creates diversified revenue streams and long-term stability.
This offering is structured to provide maximum flexibility for buyers. The real estate is being offered at $6,400,000, with the option for a purchaser to also acquire the existing restaurant business for an additional price. This allows an investor to secure the underlying real estate as a standalone asset or, alternatively, step into a fully operational waterfront business with immediate income potential. The ability to choose between an investment-only strategy or an owner-operator model makes this opportunity uniquely adaptable.
Surrounded by ongoing development and growth throughout the New Port Richey area, this asset is positioned for continued appreciation. From day one, a new owner benefits from both current income potential and the long-term upside of increasing land values driven by surrounding expansion. This is not just a purchase—it is a strategic investment in a rapidly growing market.
This is more than just a property—it is a destination and a legacy asset. Opportunities to acquire this level of waterfront real estate with marina infrastructure, scale, and flexibility are exceptionally rare along Florida's Gulf Coast.
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Contact the Seller:
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Property Features and Assets:
2 door refrigerated prep table
soup wells
iceed tea dispenser
single door freezer
double decker bunn coffee maker
reach in chest freezer
double door vulcan warming box
two tiered shelf with heat lamp
rice pressure cooker
toast POS system multiple stations
expo station with multiple stainless steel shelves counter tops and heat lamps
4 ft char broiler with two cold boxes underneath
4 ft flat top with two cold boxes underneath
salamander
2 six burner stoves with ovens
warming box
2 deep fryers
reach in cooler
single door freezer
2 door refrigerated prep tables
5 compartment steam table
3 door refrigerated prep table
stackable oven
5 ft flat top with two cold drawers underneath
six burner stove with oven
stainless steel tables
three compartment sink
two compartment vegtable sink
2 warming boxes
2 walk in coolers
walk in freezer
walk in cooler downstairs for kegs
three compartment ice machine
meat slicer
walk in cooler for wine only
20 ft hood with work area
12 ft hood for a back cooking area
downstairs ice machine
multiple storage rooms
liquor storage room
downstairs bar
2 three door reach in coolers
beer tap system 20 heads
multiple speed wells
3 compartment sink
2 door reach in beer cooler
dishwasher
private room with bar
glass 4 door reach in cooler
2 door class reach in cooler
speed wells
reach in beer cooler slide top
2 two door cooler
multi speed racks on each side of bar
three compartment sink
main bar
2 four door glass coolers
multi speed racks
3 compartment sink
espresso machine
beer tap system with 16 heads
2 toast kiosk
pots pans ladles etc
bar stools
indoor and outdoor tables and chairs
brand new docks with electric
Market Competition and Expansion:
There Is Nothing Like This For Miles
New Hotel And Condos Being Built Next Door
Reason for Selling:
Other. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Florida businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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