Very Profitable Marina & Unique Resort in Islamorada, FL. 2024 NET Income reported over $1 Million/yr.!! Offered at over 10% Cap rate at Asking Price. Manager on site handles responsibilities with oversight from the absentee owner. Rare 1+ Acre Oceanside Lot with many uses possible. Deep water protected harbor with 18 large boat slips that can accommodate 50+ ft. yachts. Approach depth approximately 6 ft.+ at high tide with a clearly marked channel. Successful Boat Rental Business with 17 boats included in the sale. Lucrative Vacation Rental Business with (10) Aqua Lodges and 1 houseboat also included. Features include water, new 30 Amp and 50 Amp electric at each slip, fuel dock, concrete building with office, ship store, workshop, and garage/storage. 2 outdoor showers, 2 bath houses with indoor showers, stalls, and dressing area. New waste/pump-out station and fuel station. An additional separate concrete building used for storage on the North side of the property. Private marina, must call for an appointment and sign an NDA/CA for more information.
MLS# | 612264 |
---|---|
Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 1948 |
Days On Site | 164 |
Listing Provided By | RE/MAX All Keys Real Estate | Gregory Dully |
Bath(s) | 4 Total |
---|---|
SQ Feet | 1,069 |
Story(s) | 1 |
Zoning | MR - Marine Use |
Acreage | 1.09 |
Water Front | Yes |
Property View | Harbor, Marina View, Open Water |
State | FL |
---|---|
County | Monroe |
City | ISLAMORADA |
Zip Code | 33036 |
Area | 25 Plantation Key |
Community Name | Treasure Harbor (86.5) |
Listing VS Median (in Treasure Harbor (86.5)) | |
Price: $9,750,000 low | high Med: $9,750,000 SqFt: 1,069 low | high Med: 1,069 $ / SqFt: $9,121 low | high Med: $9,121 On site: 164 low | high Med: 164.000000 |