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Last updated on March 26th, 2024

Grassy Key Marina For Sale

$12,900,000

59073 Overseas Highway, Marathon, Florida 33050


Building Size22,000 Square Feet
Land Size2.7 Acres
ZoningMU
  • Address: 59073 Overseas Hwy, Marathon, FL 33050
  • Pricing: $12,900,000
  • 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.


The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.

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