Port 32 expands portfolio with Florida marina purchase

Port 32 Marinas has acquired South Florida’s Lighthouse Point Marina. The marina is situated on the Intracoastal Waterway, minutes from the Hillsboro Inlet, and has 102 slips that can accommodate vessels of 25ft to 80ft.

Based in Charleston, South Carolina, Port 32 is a leading owner, operator, developer, and acquirer of a growing collection of marina assets in nine premier markets across both coasts of Florida. The purchase of Lighthouse Point represents the first marina acquisition by the new Port 32 leadership team, which joined the company in late 2022. 

With the addition of Lighthouse Point, Port 32 seeks to grow its family of marinas within Florida and to expand strategically into new markets along the Atlantic Coast and the Gulf of Mexico. 

Lighthouse Point Marina has been family owned and operated for over 50 years and has never been offered for acquisition previously. The site includes a fuel dock, live bait station, the Nauti Dawg restaurant, retail space and a fleet repair space.

“Lighthouse Point Marina is a special lifestyle property in an extraordinary location, tucked just inside the clear Atlantic waters of the Hillsboro Inlet,” says Austin Schell, CEO of Port 32 Marinas. “After almost 60 years of unbroken family ownership, we are thrilled the Spiekers chose Port 32 Marinas to carry on their legacy as the first non-family owner of Lighthouse Point. To all our Lighthouse Point Marina members and the surrounding community, we look forward to introducing you to our leadership team and hope to meet you on the docks, at the Nauti Dawg restaurant, or on the saltwater sometime soon.”

CBRE’s Julie Fisher Berry and Sheila Roux represented the seller, Lighthouse Point Marina Inc., in the transaction.

“Lighthouse Point Marina is one of the most coveted marinas in South Florida due to its location near the Hillsboro Inlet and the surrounding area of Lighthouse Point. The owners have built a loyal customer base by providing great service, operating an excellent restaurant, and keeping the marina in impeccable condition,” says Fisher Berry, a senior vice president with CBRE in Fort Lauderdale. “CBRE is honoured to have represented the owners and identified the buyer of this high-profile marina property. After a strategic offering process, Port 32 Marinas emerged as the perfect buyer. CEO Austin Schell and his team have engaged with the owners and staff for a smooth transition that will continue the successful legacy that the Spieker family built.”

“Lighthouse Point Marina has been owned and operated by one family, the Spieker family, for over half a century. As second-generation owner-operators, it was important for us to find a buyer that will respect what we have created and retain our staff and family culture with the intention of maintaining and even improving the site with time. We believe we have found that buyer with Port 32 Marinas. On behalf of owners, Debbie Edwards, Christian Spieker and myself, we feel the Lighthouse Point Marina and Nauti Dawg Marina Café are being left in good hands, and we look forward to watching both entities blossom under the new leadership of Port 32 Marinas,” says Maureen Canada, former president of Lighthouse Point Marina.