The New Haven Marinas Florida expansion is underway with the completion of its ninth marina acquisition, entering the Florida market for the first time with the purchase of Scipio Creek Marina in Apalachicola. The transaction extends the platform’s footprint to six states and adds a diversified, multi-revenue-stream asset to the portfolio.

The acquisition reflects New Haven Marinas’ broader investment strategy: identifying waterfront properties with strong real estate fundamentals, durable demand, and clear paths to operational value creation. Scipio Creek fits that thesis closely, combining traditional marina infrastructure with established hospitality operations that already generate meaningful revenue independent of storage and dockage.

Asset Overview

Scipio Creek Marina includes 108 dry storage units, more than 30 outdoor racks, and 20 wet slips, alongside fuel sales, marine supplies, and repair and haul-out services. The property also includes three short-term lodging rentals, positioning it as a multi-revenue asset rather than a single-purpose storage facility.

Two operating businesses on-site — Half Shell Dockside Restaurant & Bar and Buoy Brewing Company — represent a significant share of the property’s income. Half Shell Dockside is an established waterfront dining destination in the Apalachicola market, while Buoy Brewing marks New Haven Marinas’ first brewery investment, introducing a new hospitality category to the portfolio.

Strategic Rationale

Florida represents one of the largest boating markets in the country, and Apalachicola’s combination of tourism, fishing, and coastal recreation supports consistent demand across the property’s revenue lines. The acquisition gives New Haven Marinas its first operating presence on the Gulf Coast and a platform to evaluate further Florida opportunities.

The transaction also continues a pattern in New Haven Marinas’ acquisition strategy: targeting properties where hospitality and ancillary revenue can be scaled alongside core marina operations, reducing reliance on storage and dockage income alone.

Value Creation Opportunities

Management has identified several areas of focus following the acquisition:

• Storage and Dockage: Improve utilization across dry storage, rack storage, and wet slip inventory.
• Marine Services: Expand existing fuel, repair, and haul-out operations.
• Hospitality Revenue: Grow Half Shell Dockside and Buoy Brewing Company as standalone revenue contributors, not just amenities.
• Lodging: Increase utilization of the three short-term rental units to support longer guest stays.
• Destination Integration: Strengthen the connection between the marina and Apalachicola’s surrounding tourism economy.

Portfolio Impact

The New Haven Marinas Florida expansion brings the portfolio to nine properties across six states, further diversifying the platform both geographically and by revenue type. With this transaction, the company adds:

• First operating property in Florida
• A strategic entry point on the Gulf Coast
• Expanded marine services and storage capacity
• A proven waterfront dining operation with established revenue
• First brewery investment in the portfolio
• Additional lodging-based revenue

This acquisition reinforces New Haven Marinas’ approach to building a diversified national platform of waterfront assets, where hospitality and ancillary businesses complement traditional marina operations to create additional, more resilient revenue streams.

About New Haven Marinas

New Haven Marinas acquires and operates premium marina properties across the United States, partnering with accredited investors to build a diversified portfolio of waterfront assets. The platform is designed to deliver compelling investment opportunities backed by durable, multi-revenue-stream real estate.

To learn more about New Haven Marinas and current investment opportunities, contact us at (972) 460-0513 or visit our website to complete our contact form.