Suntex Marinas acquires Florida marina
Suntex Marina Investors has acquired Caloosa Cove Marina, located in Islamorada in the Florida Keys.
This latest move follows Suntex making a series of significant acquisitions in 2021. In December 2021, Suntex purchased Seahaven Marina in Dania Beach, Florida, while in October 2021 the company acquired Marinas at Little Harbor – formerly known as Antigua Cove and Village Marina.
Situated on approximately 15 acres, two hours south of Miami, Caloosa Cove marina consists of roughly 32 wet slips that can accommodate vessels up to 65ft and 88 dry slips for boats up to 34ft. Of the dry slips, approximately 76 are covered in a hurricane-rated barn. Caloosa Cove is a destination property with a general and ship store, roadside and marina fuel, an ocean-view restaurant, and a resort with ocean-view apartment-style units.
“This purchase provides Suntex with a unique opportunity to continue to expand upon our holdings in the Florida Keys and our footprint in the South Florida market,” says David Filler, head of investments, Suntex Marinas. “The marina is a first-class facility with full amenities and fits well into our portfolio of other iconic, first-class facilities.”
“Caloosa Cove is poised to be a premier facility in one of the most desirable locations,” says Sam Chavers, senior vice president, operations, Suntex Marinas. “The existing facility is an excellent foundation to which we can add our exceptional customer service and dedicated management style, as well as investment in the level of fit and finish to build a truly incredible Florida Keys marina that guests will remember for a lifetime.”
The Suntex portfolio includes marinas located in California, Florida, Georgia, Iowa, Kentucky, Maryland, New Jersey, Oklahoma, Texas, Tennessee and Virginia.
