F3 Marina Fort Lauderdale Hits the Market

The 59,000-square-foot facility boasts the world's fastest dry stack marina.

Colliers | US has listed F3 Marina Fort Lauderdale, the world’s fastest automated dry stack marina, for sale. The 59,000-square-foot hurricane-rated facility is located at 1335 Southeast 16th Street in Fort Lauderdale. 

F3 Marina Fort Lauderdale is home to the first-of-its-kind automated marine crane system that lifts and stores or retrieves boats in under five minutes. The computerized system maximizes storage capability and minimizes boat retrieval time – boasting a significant advancement in the marina industry. 

Matt Putnam, Andrew Cantor and Dan Grovatt of Colliers’ Leisure Property Advisors team are representing F3 Marina in the sale. Colliers has launched the formal marketing campaign for the listing and will begin accepting offers in late May. 

“F3 Fort Lauderdale is a world-renowned marina that anyone in the marina industry will know by name,” said Grovatt, senior vice president with Colliers. 

“We’re confident that we will get a great deal of interest in this property – both from marina operators looking to scale their portfolios and commercial real estate investors looking to break into the marina industry in a meaningful way,” added Putnam, senior vice president with Colliers.

F3 Marina Fort Lauderdale was built in 2021 and has been described as the as “the ‘Ritz Carlton’ of dry stacks” by founders David Behnke and John Matheson. As the world’s tallest dry stack marina, the 130-foot-high building provides secure indoor storage for 254 vessels on racks that are six tiers high. Amenities include an upscale private lounge, indoor covered parking, on-site high-speed fueling, storage rentals and a retail ship store.  

The computerized marine crane system uses an overhead crane to hoist vessels up to 47 feet long, 13 feet beam, and 20 feet high with a weight limit of 30,000 pounds. The automated system has been likened to Carvana’s vehicle vending machine for the boating industry. The boat lift retrieves boats from the wet well and places them in their reserved rack location in less than five minutes. There are 21 wet slips for the staging process, which increases efficiency and reduces cycle time.

The project was developed by F3 Marina under Behnke and Matheson, who have an extensive commercial real estate background. The duo purchased the land in 2018 and spent several years working with the city to gain the necessary approvals and design the facility. During this time, they also purchased a license for the patented-lift-technology that reduced the time it historically took to retrieve or return a boat by more than half. 

“We’ve been building things all our lives, but never anything of this stature,” said Behnke. “F3 Fort Lauderdale is truly one-of-a-kind and is the pride of our company. It’s in the best location in the world and boasts the quietest and fastest lift system in the world.”

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