| Located within the prestigious Key Allegro waterfront development with more than 800 homes and condominiums |
| Fully designed and permitted for reconstruction of a historic 159-slip marina |
| U.S. Army Corps of Engineers permit in place authorizing marina reconstruction +/-5.07 acres of submerged land under long-term lease |
| Primary submerged land lease term through 2054 with option for an additional 20-year extension |
| Marina basin dredged to approximately seven feet in early 2024 |
| Fuel infrastructure in place with approximately 8,000-gallon combined diesel and gasoline capacity |