Integra Investments acquires Sea Isle Marina

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Miami-based real estate investment and development firm Integra Investments, as part of its “Integra Marinas” platform, has announced the acquisition of one of the most prominent marinas in Miami’s urban core, Sea Isle Marina. Sea Isle Marina is the new home for the world’s largest boat and yacht event, the Miami International Boat Show. Terms of sale could not be disclosed.

Located at 1635 N. Bayshore Drive in Miami’s Arts and Entertainment District, Integra Marinas plans to invest significantly in converting the marina into a world-class yachting destination.

As part of the asset upgrade, Integra Marinas will replace and renovate all parts of the marina. This includes reconfiguring the wet holds to house vessels up to 110 feet and improving current on-site services with the addition of lifting chocks, advanced navigation technology, a new fuel system and on-site service. top site. Oasis Marinas will manage the property for Integra Marinas.

“Sea Isle Marina’s unparalleled location and fundamentals provide a tremendous opportunity to capitalize on Integra Marina’s unique formula for owning, operating and transforming a marina property to achieve peak performance,” said Victor Ballestas, Director of ‘Integra Investments. “As an avid boater and having grown up on the water, I have visited Sea Isle many times and look forward to being a part of its transformation.”

By land, Sea Isle Marina’s main address provides direct access to downtown Miami and major highways, while by sea, boaters enjoy unlimited access to the bay and ocean via the Intracoastal Waterway. The full-service marina currently has 222 wet holds that can accommodate 40 to 100-foot vessels, long and short-term mooring, and includes a refueling station and supplies store.

Integra Marinas acquired Sea Isle Marina from Florida East Coast Realty, LLC, the original developer of the property.

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“We are delighted that Integra Marinas is leading the redevelopment of the marina as it will have a huge impact on the experience as a premier boat show venue and improve the overall waterfront aesthetic,” said Andrew Doole, President of the American Boat Shows.

“With continued demand for marina redevelopment among those investing in this space, the acquisition of this trophy marina asset marks our strategic growth trajectory in coastal markets and strengthens our competitive position in the industry,” added Matthew Juall. , director of Integra Marinas.

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