Faro Blanco in Marathon Key joins the Suntex Portfolio

Suntex recently announced its acquisition of Faro Blanco, a 74 slip marina in Marathon, Florida accommodating vessels between 35- and 140-feet. This is the first acquisition within Suntex's new partnership with Centerbridge Capital and Resilient Capital Partners and will add to it's portfolio of marinas in California, Florida, Georgia, Iowa, Kentucky, Maryland, New Jersey, Oklahoma, Texas, Tennessee and Virginia.

What to know about Faro Blanco

Faro Blanco is a five-star reviewed Marina on Marinas.com It's 74 slips have easy access from the Atlantic via the Seven Mile Bridge and Moser Channel. Amenities include fuel service, pump out, 24-hour security, wireless internet, marine store, two pools, fitness center, first-class room accommodations on site, private functions, and catering.There's also The Lighthouse Grill, a resort-owned restaurant on the property. The marina was recognized in 2018 with a Boater's Choice Award from Marinas.com. Among the praise was this 2020 review:

"Faro Blanco is my choice whenever I'm taking a boat from the Gulf around to Miami or Ft Lauderdale and back. Only wish I could stay more than one night! Have stayed here many times and always had a great experience! The staff is always friendly and helpful! Great restaurant on property and clean showers!

What Suntex Says:

“The Suntex team is so excited to add such an iconic destination to our premier network of marina assets,” said Bryan Redmond, founder and president of Suntex Marinas. “Faro Blanco fits in perfectly with the type of location and amenities that make the Suntex experience so desirable for our customer base. We are appreciative that owners of the adjacent Faro Blanco Resort, EOS Investors, has entrusted Suntex to take the Faro Blanco Marina to a level of excellence in line with their vision for the entire property.”

What to Expect Next:

As an initial step post-acquisition, Suntex has planned for a renovation of the property including expanding the pool area, and adding features like a waterslide and "tiki huts". They also plan to modernize operations and improve upon what is already a highly acclaimed boater experience.

Published by
The Marinas.com Team
on
September 1, 2021

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