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OVERVIEW

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.

KEY POINTS

  • 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.
 

PHASE 1

PHASE 2