Mar
15

Daufuskie Resort Owner Buys Palmetto Bay Marina

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palmetto bay marinaThe Palmetto Bay Marina on Hilton Head Island has been sold to a Daufuskie Island resort owner in a deal totaling $10.5 million, according to Beaufort County deed records.

Palmetto Bay Partners purchased the property Feb. 1 on Helmsman Way along Broad Creek for $6.27 million and assumed $4.2 million in mortgage indebtedness, records show. The buyer is an entity of The Pelorus Group of Utah, which also owns Melrose on the Beach resort and golf course on Daufuskie, according to Pelorus owner J.T. Bramlette.

Bramlette said the deal will expand ferry service to Daufuskie but also lead to big improvements for the Hilton Head marina and for Daufuskie Island. He said he planned to make an announcement this month about changes for the marina and the reopening of the former Melrose Landing ferry-embarkation point on Hilton Head’s Broad Creek. He said the ferry launch’s new name would be the Daufuskie Landing.

“There’s a lot of good news to come,” Bramlette said. “This will really help progress the movement of Daufuskie Island.”

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Categories : Hilton Head Island

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