Key Allegro Marina

Investment Overview

Investment Highlights

• Historic marina property serving the Key Allegro community since 1965
• Located within the prestigious Key Allegro waterfront development with more than 800 homes and condominiums
• Approximately 1.65-acre waterfront site with direct access to Aransas Bay
• Fully designed and permitted for reconstruction of a historic 159-slip marina
• U.S. Army Corps of Engineers permit in place authorizing marina reconstruction
• Approximately 5.07 acres of submerged land under long-term lease with the Aransas County Navigation District
• Primary submerged land lease term through 2054 with option for an additional 20-year extension
• Marina basin dredged to approximately seven feet in early 2024
• Complete dock construction, utility, electrical and plumbing plans included in the offering
• Architectural and construction plans completed for a new restaurant, ship store and liquor store
• Existing marina buildings remain on-site and provide redevelopment or operational flexibility
• Fuel infrastructure in place with approximately 8,000-gallon combined diesel and gasoline capacity
• Historically operated as a full-service marina with fuel dock, restaurant, ship store and yacht brokerage
• Former host site of the prestigious Rockport Offshore Challenge fishing tournament
• Exceptional value-add and redevelopment opportunity in one of the Texas Gulf Coast's most established boating communities