91 Ave A

MARATHON, FL, 33050

$6,999,997

$1,359 per ft²
$6,999,997
$1,359 per ft²
Active
Active
 - For Sale
beds
1 Bed
baths
2 Baths
carpenters-square
5,150 ft²
property_type
Commercial
calendar
Built 2001
Extremely rare opportunity to purchase a Turn-Key Highly Established Florida Keys Boat Rental Business and Marina located in the heart of Marathon Florida in Coco Plum. Opportunity includes a Deep Waterfront Lot that has quick unobstructed access to the Atlantic Ocean & Gulf of Mexico with Boat Dockage including 8 Slips, a well-maintained 5150 sqft Elevated Metal Building, which has 6 roll up doors including multiple that are 14 Ft High, a Fully Built Out Office Space with 1st Floor Bathroom & Laundry, a Paint Booth, Plenty of interior Storage for Boats, an Upstairs 1400 sqft Legal Dwelling, which has been Renovated and includes 1 Bed, 1 Full Bath, a Living Room & Kitchen & Impact Resistant Windows. Business is known for having one of most impressive Pristine Fleet of Rental Boats in the entire Keys including 19 Twin Engine Boats ranging in size from 25ft to 34FT in length including 2 Brand New Boats . The maintenance schedule of the boats are impeccable with each Boat receiving Brand New Paint & New Upholstered Interiors with New Canvas on the T-Tops every 1 to 2 years, updated Electronics & they all received upgraded Twin Yamaha Motors over the last few years. There are 17 custom painted Aluminum Trailers for the Fleet, which are fully registered and road worthy. Also included in the sale is a 2017 Ford F 250 4x4 Work Truck. You will not find any other comparable opportunity available in all of the Keys as this business has been successfully operated since 2007, has an estimated 80% of its business from repeat customers, and at the current list price offers over an estimated 12% Annual CAP Rate with opportunities to easily expand the business & boost annual revenues. So, if you have been dreaming about moving to the Florida Keys and owning your business, you may have just found the perfect opportunity as day 1 of ownership you are cashflowing!!! Financials to be provided once NDA are fully executed.
MLS® ID:
601263
Listed:
6/3/22
Updated:
8/12/22
Sotheby's International Realty
OceanSIR

Interior Features

Kitchen Appliances
Dishwasher, Dryer, Range, Refrigerator, Washer
Total Bedrooms
1
Full Bathrooms
1
Half Bathrooms
1
Interior Features
Furnished
Floor Description
Concrete, Tile Floor, Wood Floor
Cooling
Central A/C

Exterior/Building Features

Lot Size
0.36 acres lot
Architectural Style
Commercial
Roof
Metal Roof

Other Property Details

Area Name
East of Holiday Inn US #1 & Coco Plum
Taxes
$9729.07
Tax Frequency
per YEAR
Garage
Yes
Parking
Common Parking, Guest Parking, Off Street Parking, Trailer Storage
View
Y
County
Monroe
Utilities
FKAA, Municipal Sewer
Zoning
MU - Mixed Use Commercial Mixed Use

 

Courtesy of Kenny Matlock, No Nonsense Real Estate Branch Office

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys Board of Realtors®, Florida Keys MLS, Inc. Real Estate Listings held by brokerage firms other than Sotheby's International Realty are marked with the MLS logo and detailed information about them includes the name of the listing broker’s office. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.

Copyright 2022 Florida Keys Board of Realtors®, Florida Keys MLS, Inc.

Data last updated: 8/12/22

Sotheby's International Realty
OceanSIR
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