Grassy Key Marina For Sale

• 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.