Home » Properties » 631 Northlake Boulevard, North Palm Beach FL 33408

4560beebb6e9c16a3439cee2b1d48d73_4560beebb6e9c16a3439cee2b1d48d73-m10_90c606c9b362ea3fb66a4d401dd4ac73-a15d25e1

Prime Waterfront Marina & Retail Shop in North Palm Beach

Exceptional commercial property with marina, boat slips, fuel dock, and bait shop on Intracoastal Waterway in North Palm Beach.

$5,500,000

Interested in this property?

Contact our team to schedule a private tour or request additional information about this property.

Schedule a Tour Contact Agent

$ Mortgage Calculator ● WhatsApp

Florida Local Time --:--

MLS #R11028912

Listing Updated: 2026-07-11 12:38:28

Listed By: Shepard Realty

Overview

This commercial property at 631 Northlake Boulevard offers a unique waterfront marina and retail opportunity in North Palm Beach. The well-maintained marina has been owner-operated for over 63 years, featuring 13 boat slips, including five with 20,000-pound lifts and eight wet slips, plus a fuel dock. The retail shop caters to fishing enthusiasts with a variety of bait, tackle, custom rods, reels, clothing, snacks, and beverages. Its direct access to the Intracoastal Waterway and Atlantic Ocean makes it a valuable asset for boating and fishing activities.

Property Highlights

Waterfront marina with 13 boat slips, fuel dock, thriving bait and tackle shop, direct Intracoastal and ocean access, over 63 years of operation.

Property Details

City: North Palm Beach

State: FL

Zip Code: 33408

Address: 631 Northlake Boulevard, North Palm Beach FL 33408

Year Built: 1962

Property Type: Commercial Sale

Property Sub Type: Commercial

Listing Office Name: Shepard Realty

County: Palm Beach County

Garage Spaces:

Parking Features:

Interior Features:

Exterior Features:

Waterfront: No

Pool: No

HOA Fee: $0

Annual Tax: $23,940

Days On Market: 522 Days

Original Listing Description

This is an exceptional investment opportunity with a prime waterfront marina and retail shop., providing direct access to the Intracoastal Waterway and the Atlantic Ocean in North Palm Beach. This well-maintained, owner operated marina has been operated for over 63 years and features fuel dock, 13 boat slips, five slips have 20,000-pound lifts and eight wet slips. Also included is a thriving bait-and-tackle shop, which complements the marina, catering to freshwater and saltwater fishing enthusiast. Known for its custom rods and reels, a diverse selection of live and frozen bait, tackle, clothing, snacks, and beverages.

Property Location

Explore the surrounding area, nearby amenities, and neighborhood access for this property.

631 Northlake Boulevard, North Palm Beach FL 33408

About This Neighborhood

North Palm Beach is a coastal community known for its boating lifestyle and proximity to the Atlantic Ocean. The area features a mix of residential neighborhoods, commercial hubs, and recreational amenities. Its waterfront location attracts boating enthusiasts and tourists, contributing to a vibrant local economy. The neighborhood offers convenient access to major highways and nearby cities, making it a practical choice for business owners and visitors alike.

Walkability & Lifestyle

The property’s location offers convenient access to nearby dining, shopping, and recreational options. Residents and visitors can enjoy waterfront parks, marinas, and beaches within a short drive. The area supports an active lifestyle with opportunities for boating, fishing, and outdoor activities. Daily errands and leisure activities are easily accessible in the surrounding community.

Things To Do Nearby

North Palm Beach provides a variety of activities including boating, fishing, golf, and waterfront dining. The marina’s proximity to the Intracoastal Waterway and Atlantic Ocean enhances access to water sports and scenic cruises. Local parks, cultural events, and nightlife options add to the community’s recreational appeal. Visitors and residents can enjoy a balanced mix of relaxation and entertainment.

Nearby Schools

North Palm Beach offers access to a range of public and private schools within reasonable commuting distance. Families relocating to the area benefit from educational options that serve different age groups and academic needs. The community supports a family-friendly environment with schools that emphasize quality education and extracurricular opportunities.

Why Buyers Like This Area

Buyers appreciate this area for its strong boating culture, waterfront access, and established commercial opportunities. The combination of marina services and retail offerings meets the needs of both local residents and tourists. Its location within a well-maintained community with easy transportation links adds to its desirability. The property’s long history of operation also provides confidence in its viability.

Investment Potential

This commercial waterfront marina presents a solid opportunity for buyers interested in a well-established business with a loyal customer base. Its location on the Intracoastal Waterway offers direct access to boating and fishing activities, attracting seasonal and year-round visitors. The combination of boat slips, fuel services, and a retail bait and tackle shop enhances the property's appeal to a diverse clientele. While returns are not guaranteed, the property's longstanding operation and prime location support its ongoing usability and market interest.

Market Trends

The commercial real estate market in North Palm Beach remains steady, with particular interest in waterfront properties. Demand for marina spaces and retail outlets catering to boating and fishing continues to support market activity. Inventory of well-located commercial properties with direct water access is limited, enhancing the appeal of such listings. Long-term interest in this segment reflects the area's established boating culture and tourism draw.

Rental Income Potential

Properties like this marina often attract tenants and customers throughout the year, with increased activity during boating season. The combination of boat slip rentals, fuel services, and retail sales contributes to diversified income streams. The property's location and amenities support consistent tenant interest, though income levels can vary seasonally and depend on operational management.