Callisto Seaway Marina
About offering
Project Overview
Seaway Drive Marina is a unique 2.28-acre waterfront redevelopment opportunity located on Seaway Drive in Fort Pierce, FL. The project will transform an underutilized mixed-use marina into a vibrant coastal destination across three distinct phases:
Phase I – Dock + Infrastructure Redevelopment
Upgrade and expand marina to 123 active slips
Marina retail, power, fuel, and utility modernization
Permitted dock improvements already approved by Army Corps of Engineers
Phase II – Retail + Residential Activation
Re-tenant and renovate ±3,150 SF of waterfront retail
Deliver 24 fully furnished apartments with short-term flexibility
Long-term opportunity to redevelop into 12 luxury duplex buildings
Phase III – Hospitality + Restaurant Development
Build out ±6,000 SF waterfront restaurant pad
Structured parking facility with retail on ground level (150 stalls)
Curated retail mix: dive store, café, bait & tackle, lifestyle brands
Investment Terms
Equity Raise: $14,000,000
Minimum Investment: $100,000
Hold Period: 5–7 Years
Preferred Return: 8%
Target IRR: 14%–16%
Equity Multiple: 1.9x–2.2x
Tax Advantage: Qualified Opportunity Zone
Key Investment Highlights
✅ Fee simple waterfront site with marina, gas/C-store, and mixed-use zoning
✅ Permitted for 123 dock slips with deepwater access
✅ Prime short-term rental and transient dockage opportunity
✅ Institutional scale with multiple value-creation phases
✅ Grant eligibility for marina infrastructure offsets
✅ Strategic location near Derecktor Shipyard & Fort Pierce Inlet
✅ High local demand: boating, fishing, tourism, and hospitality growth
✅ Potential for QOZ tax-free upside at 10-year hold
Contact for Offering Package
Daniel Brown
Managing Partner – Vantage Point Realty Advisors
📧 Daniel@DBrownCRE.com
📱 951.445.9160