Palmetto Bay Marina is located on the south end of Hilton Head just off the Cross Island Parkway bridge. A 25 minute ferry ride to Daufuskie, gives great visibility and easy access for all visitors and guests.
Palmetto Bay is a full-service marina and retail center with 13,000 SF of retail, 140 wet slips and yacht center.
Palmetto Bay is the largest marina on Hilton Head and makes a great front door for Daufuskie Island and Melrose Resort.
- Well-known destination marina in an area experiencing major population growth.
- Commercial property houses three very popular restaurants.
- Great location within the marketplace.
- Tenants’ financials are strong and they committed to stay.
- Property is producing quality revenue stream.
- Value on income approach is $10,900,000 at an 8% CAP.