- Address: 59073 Overseas Hwy, Marathon, FL 33050
- Pricing: $10,900,000
- Size: 22,000 SF Total Building Size on 2.7 Acres, plus Boat Basin. 33 Wet Slips, 110 Dry Rack Spaces, 78 Boat Trailer Storage Spaces
- Land Use: Commercial Marina
- Zoning: Mixed Use (MU)
- Parcel ID: 00375960-000000
Marina services include 110 Indoor & Outdoor Dry Rack Storage spaces, 33 Wet Slips and 78 Trailer Storage spaces.
- Tiki Hut sits on the Point overlooking the Gulf of Mexico
- Marketplace with Beer, Ice, and Bait Convenience store with or
without fuel sales in parking area.
- First stop as vehicles come into the north end of Marathon.
- Grassy Key Marina received the 2022 Boater’s Choice award
- Chartered Fishing and Boat Rental Tenants
- Affluent Duck Key very close by.
- Great visibility from US-1 (Overseas Hwy) on the way through
Grassy Key.
- No competition around. Cost and barriers to entry minimal.
- So much potential and upside for new owners to realize.
- 4 studio apartments, adding income to the property - $5,500/
month.
This is not a CAP Rate Investment deal. This is an opportunity to buy and develop the property, increase occupancy, and maximize its potential. Major Upside Potential in Rent and Redevelopment.