$9,750,000
Plantation Key, FL 33036
MLS# 612264
4 baths | 1069 sqft
1 / 22
Property Description
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.
Details
Maps
Contract Information
Current Price: $9,750,000
Listing Date: 2024-11-15
Listing Board: Florida Keys
List Price: $9,750,000
Limited Representation: No
For Sale/Lease: For Sale
Potential Short Sale: No
Bank Owned: No
Location Tax Legal
Street #: 200
Street Name: Treasure Harbor
Street Suffix: Drive
Key/Island: Plantation Key
State/Province: FL
Zip Code: 33036
Subdivision: Treasure Harbor (86.5)
County: Monroe
Area: 25 - Plantation Key
General Property Description
Realtor.COM Type: Commercial
Style: Commercial
Lot Size: 1.09 Acres
Lot SqFt: 47594
Waterfront: Yes
Control Depth: 4
# Parking Spaces: 20
# Stories: 1
Building SqFt: 1069
SqFt Source: Property Data Card
Living Apx SqFt: 1069
Year Built: 1948
Full Baths: 4
Total Baths: 4
Status Change Info
Status: Active
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Property Info
# Boat Slips: 18
Dockage
Dock: Wood
Financial Status
Bank Owned: No
Potential Short Sale: No
Property Features
License Info: Other/See Remarks
Type: Marina; Retail; Other Services
Waterfront: Oceanfront
Waterview: Harbor/Marina View; Open Water View
Dockage: Boat Slip
Vehicle Storage: Common Parking; Off Street Parking; Trailer Storage
Cooling: Wall/Window Unit(s)
Heating: Varies by Unit
Utilities: FKAA; Municipal Sewer
Interior Features: Furnished
Appliances: Dryer; Washer
Miscellaneous: Chickee Hut; Open Water View; Storage; Utility Building
Construction: CBS; Combo Construction
Electric: Other Electric
Roof: Concrete Roof; Metal Roof
Land Size: 1 Less Than 2 Acres
Fee Includes: Other
Listing Office: RE/MAX All Keys Real Estate
Last Updated: February - 11 - 2025
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