Dallas group has added first marina in Florida to their expanding national network
Suntex Ventures, LLC, a Dallas-based real estate fund focused on owning and operating mixed-use waterfront properties, announced today that it has acquired Amelia Island Yacht Basin near the Jacksonville, FL, area in the city of Fernandina Beach on Amelia Island.
Amelia Island Yacht Basin is a full-service marina on a first-class resort island on one of the East Coast’s most-refined and relaxing resort destinations. The marina consists of 90 acres of upland and submerged land with 146 wet slips and 224 dry slips. It also features a service department, ship store, a yacht sales broker, and a newly built tiki bar.
The acquisition was made through a partnership between Suntex Waterfront Capital, LP and other private investors. The property will be managed by Suntex Waterfront Management, led by Andy Chafoulias and Chris Petty.
“We are extremely excited to add this unique asset to the Suntex portfolio given its beautiful location and broad range of amenities,” said Bryan Redmond, Suntex principal. “We plan to immediately improve the property, further enhance the customer experience and become a part of the wonderful Amelia Island community”