T
he St. Marks Marina, a sprawling 10+ acre property with over 100 boat slips, is set to hit the auction block with a starting bid of $3 million. The site boasts a mix of structures previously used for seafood processing, retail, workshops, and homes, offering a blank canvas for investors looking to capitalize on its "limitless potential." Located at 28 Lynn Circle in St. Marks, the property is situated about 20 miles south of Tallahassee within an opportunity zone, which provides tax incentives for new investments.
The marina's owner, the Lynn Brothers Wholesale Seafood company, has decided to retire after six decades in business. The three brothers inherited the property from their father and are now looking to sell it off. According to Bryan Cureton, a commercial real estate broker with TLG Real Estate Services, "This is an incredible opportunity for North Florida and South Georgia." He describes the property as a "great gem" with endless possibilities for development, including residential projects, marina frontage, water sports facilities, or even a large RV park with restaurants and amenities.
