Suntex Marina Investors LLC said it has acquired an equity interest from the RCI Group’s Miami Beach Marina.
Suntex said the marina has 400 boat slips with dockage for boats as large as 250 feet.
“We continue to expand the Suntex portfolio to include high-value facilities in the most prestigious vacation destinations in the country,” Bryan Redmond, founding principal of Suntex, said in a statement.
“South Florida is a very popular location, and Miami Beach is one of the most notable properties in the area,” he added. “We look forward to offering another top-tier location for our members and visitors to enjoy the highest customer service and most memorable marina experience of their lives.”
Suntex said Miami’s selection of the marina properties owner and the RCI Group to redevelop the Virginia Key Marina and Suntex’s selection by Fort Lauderdale to redevelop the Las Olas Marina demonstrates a commitment to ensuring that South Florida is the country’s premier yachting destination
“With RCI’s expertise developing premier waterfront properties and Suntex’s renowned focus on customer experience and systems infrastructure, our Miami Beach Marina venture ensures that South Florida remains the No. 1 yachting destination in the world,” said Robert Christoph, founder and chairman of the RCI Group.