Investment

In recent years many Florida waterfront properties, including marinas, have been  redeveloped for condos and luxury homes. The availability of boat storage has decreased while Florida’s population continues to grow, increasing the number of boaters and the need for places to store boats. Gulf Harbor Marina (GHM) offers deeded indoor dry boat storage located on the intercoastal waterway only 5 minutes from the Gulf of Mexico in Nokomis,Florida. . This concept, called rackominiums, works very similar to a condo.

There is an $108 monthly association fee to cover the expense of running the facility and a 5% administrative fee for handling the rental. The rackominums start at $56,000 with our largest unit costing $180,000 and 33 different sizes still available. We offer the benefits of rental income without the headaches of being a landlord. GHM handles rental collections, filing of sales tax and quick distribution of funds to the investor. On the day of closing the developer will occupy your unit with a current renter paying monthly. For more information please call Gulf Harbor Marina (941) 488-8200.