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AMH buys marina in Tampa area

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Atlantic Marina Holdings LLC, based in Charleston, South Carolina, has purchased Tierra Verde Marina Resort in Tierra Verde, Florida. The newly redeveloped property consists of approximately 400 dry slips, 115 wet slips, 10,000 square feet of marine retail, and resort amenities.

“This project is on unique real estate and the marina has just been rebuilt from the ground up, with an excellent physical plant and attractive amenities, including the Island Grill and Raw Bar restaurant, a new pool and tiki bar, and a future boutique hotel,” Atlantic Marina Holdings’ principal, Joe Miller, said in a statement.

The marina is situated as a gateway to the Gulf and stepping off point for those in the greater Tampa/St. Pete area who wish to access the diverse inshore and offshore waterways of the west coast of Florida. The marina will be managed by AMH Management.

Tierra Verde is the third marina property purchased by Atlantic Marina Holdings in Florida in the past 2 years. Previous acquisitions include PGA Marina in Palm Beach Gardens and Fort Lauderdale Boatyard and Marina in Fort Lauderdale. Both projects are total redevelopments and slated for completion in 2018. When completed, with the addition of Tierra Verde, Atlantic Marina Holdings will operate close to 3,000 slips.

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