Entrepreneur buys Sweetwater Landing considering expansion, development

BUYER: BAM SWL Properties LLC (principal: Brandon Mayer), Fort Myers
SELLER: Sweetwater Landing LLC
PROPERTY: 17051, 17277-17285 and 16971-16991 State Road 31, Fort Myers
PRICE: $1.5 million
PREVIOUS PRICE: $2.3 million, March 2000
LAW FIRM ON DEED: Henderson Franklin Starnes & Holt PA, Bonita Springs

PLANS, DESCRIPTION:
Brandon Mayer of Punta Gorda purchased the Sweetwater Landing marina for $1.5 million.

The price equated to $10,714 per dry and wet slip.

The marina features 70 wet slips and an equal number of dry slips. The 11.5-acre site contains a main building that houses a retail ship store and seven service bays, a boat barn for the dry slip storage and two vacant parcels.

“I've always enjoyed the marina atmosphere,” Mayer says. “I've been boating my whole life. So it was really the opportunity [to buy it] and the possibility for future expansion that attracted me to it. We have the possibility of putting up a restaurant there. On one of the separate three-acre parcels we could put up storage, some stores, condos or something else like that. “