91 Ave A, Marathon, FL 33050
$6,999,997
Property Type:
Commercial
Bedrooms:
1
Baths:
2
Square Footage:
5,150
Lot Size (sq. ft.):
15,500
Status:
Active
Current Price:
$6,999,997
List Date:
9/17/2023
Last Modified:
9/17/2023
Description
Extremely rare opportunity to purchase a Turn-Key Highly Established Florida Keys Boat Rental Business and Marina located in the heart of Marathon Florida in Coco Plum. Opportunity includes a Deep Waterfront Lot that has quick unobstructed access to the Atlantic Ocean & Gulf of Mexico with Boat Dockage including 8 Slips, a well-maintained 5150 sqft Elevated Metal Building, which has 6 roll up doors including multiple that are 14 Ft High, a Fully Built Out Office Space with 1st Floor Bathroom & Laundry, a Paint Booth, Plenty of interior Storage for Boats, an Upstairs 1400 sqft Legal Dwelling, which has been Renovated and includes 1 Bed, 1 Full Bath, a Living Room & Kitchen & Impact Resistant Windows. Business is known for having one of most impressive Pristine Fleet of Rental Boats in the entire Keys including 18 Twin Engine Boats ranging in size from 25ft to 34FT in length including 2 Brand New Boats & 2 2022 Boats . The maintenance schedule of the boats are impeccable with each Boat receiving Brand New Paint & New Upholstered Interiors with New Canvas on the T-Tops every 1 to 2 years, updated Electronics & they all received upgraded Twin Yamaha Motors over the last few years. There are 17 custom painted Aluminum Trailers for the Fleet, which are fully registered and road worthy. Also included in the sale is a 2017 Ford F 250 4x4 Work Truck. You will not find any other comparable opportunity available in all of the Keys as this business has been successfully operated since 2007, has an estimated 80% of its business from repeat customers. So, if you have been dreaming about moving to the Florida Keys and owning your business, you may have just found the perfect opportunity as day 1 of ownership you are cashflowing!!! Financials to be provided once NDA are fully executed. BACK ON THE MARKET DUE TO BUYER NON-PERFORMANCE, THEIR LOSS IS YOUR GAIN!!! Passed inspections & due diligence with ZERO issues.
More Information MLS# 601263
Contract Information
Current Price: $6,999,997
Listing Date: 2022-05-27
Listing Board: Marathon/Lower Keys
List Price: $6,999,997
Limitd Reprsntation: No
As is Rght to Inspct: Yes
For Sale/Lease: For Sale
Potential Short Sale: No
Bank Owned: No
Species List: No
Location, Tax & Legal
Street #: 91
Street Name: Ave A
Key/Island: Marathon
State/Province: FL
Zip Code: 33050
Off Shore Island: No
Subdivision: Coco Plum (54.6)
Mile Marker: 54.6
County: Monroe
Area: 18 - East of Holiday Inn US #1 & Coco Plum
Marathon Neighborhood: Coco Plum
Side: Ocean
Flood Zone: AE,AE
Alternate Key #: 8802048
Parcel #: 00100750-000102
Zoning: MU - Mixed Use Commercial Mixed Use
Legal: 5/4 66 33 FAT DEER KEY PT GOVT LOTS 2 & 6 (AKA LOT 2 & PT EASEMENT & PT ADJ CANAL UNRECORDED PLAT OF LIME GROVE ESTATES)
Taxes: 9729.07
Tax Year: 2021
General Property Description
Realtor.COM Type: Commercial
Style: Commercial
Lot Size: under 1 acre
Lot SqFt: 15500
Waterfront: Yes
Control Depth: 5
Business Name: Tropical Boat Rental
Year Established: 2007-08-08
Off Street Parking: YES
# Stories: 2
Building Ht. Ft.: 20
Total # Buildings: 1
Building SqFt: 5150
SqFt Source: Property Data Card
Living Apx SqFt: 5150
Total Units: 1
Year Built: 2001
Total Bedrooms: 1
Full Baths: 1
Half Baths: 1
Total Baths: 2
Remarks & Misc
Remarks – Consumer: Extremely rare opportunity to purchase a Turn-Key Highly Established Florida Keys Boat Rental Business and Marina located in the heart of Marathon Florida in Coco Plum. Opportunity includes a Deep Waterfront Lot that has quick unobstructed access to the Atlantic Ocean & Gulf of Mexico with Boat Dockage including 8 Slips, a well-maintained 5150 sqft Elevated Metal Building, which has 6 roll up doors including multiple that are 14 Ft High, a Fully Built Out Office Space with 1st Floor Bathroom & Laundry, a Paint Booth, Plenty of interior Storage for Boats, an Upstairs 1400 sqft Legal Dwelling, which has been Renovated and includes 1 Bed, 1 Full Bath, a Living Room & Kitchen & Impact Resistant Windows. Business is known for having one of most impressive Pristine Fleet of Rental Boats in the entire Keys including 18 Twin Engine Boats ranging in size from 25ft to 34FT in length including 2 Brand New Boats & 2 2022 Boats . The maintenance schedule of the boats are impeccable with each Boat receiving Brand New Paint & New Upholstered Interiors with New Canvas on the T-Tops every 1 to 2 years, updated Electronics & they all received upgraded Twin Yamaha Motors over the last few years. There are 17 custom painted Aluminum Trailers for the Fleet, which are fully registered and road worthy. Also included in the sale is a 2017 Ford F 250 4x4 Work Truck. You will not find any other comparable opportunity available in all of the Keys as this business has been successfully operated since 2007, has an estimated 80% of its business from repeat customers. So, if you have been dreaming about moving to the Florida Keys and owning your business, you may have just found the perfect opportunity as day 1 of ownership you are cashflowing!!! Financials to be provided once NDA are fully executed. BACK ON THE MARKET DUE TO BUYER NON-PERFORMANCE, THEIR LOSS IS YOUR GAIN!!! Passed inspections & due diligence with ZERO issues.
Directions: Turn off of US1 onto COCO Plum Drive over the small bridge about 1/4 mile and turn right onto Ave A. It is the second parcel on your right.
Status Change Info
Contingent: None
Status: Active
License Info
# of City License: 2
Association Info
Mandatory Home Owners Asc: No
Voluntary Home Owners Asc: No
1st Right of Refusal: No
Misc Property Info
Recorded Plat: Yes
Property Info
# Boat Slips: 7
# Kitchens: 1
# Refrigerators: 1
# Range/Ovens: 1
# Washers: 1
# Dryers: 1
1 Bed/Bath: 1
Dockage
Dock: Wood
Financial Status
Bank Owned: No
Potential Short Sale: No
Property Features
Deed Restrictions: Affordable Housing
Type: Boat Care; Boat Sales/Service; Marina
Waterfront: Canal Front
Waterview: Canal View
Dockage: Boat Slip
Vehicle Storage: Common Parking; Guest Parking; Off Street Parking; Trailer Storage
Cooling: Central Air
Utilities: FKAA; Municipal Sewer
Interior Features: Furnished
Appliances: Dishwasher; Dryer; Range; Refrigerator; Washer
Miscellaneous: Fencing; High Visibility; Overhead Doors; Residence on Premise; Security System
Construction: Combo Construction; Steel Reinforced
Electric: 220 Volt; Circuit Breakers; Single Phase
Windows/Doors: Aluminum Windows; Impact Rstnce Window
Floor: Concrete; Tile; Wood
Roof: Metal Roof
Land Size: 1/4 - 1/2 Acre
Fee Includes: None
Terms: Buyer Obtain Finance; No Seller Finance
Listing Office: No Nonsense Real Estate Branch Office
Last Updated: September - 17 - 2023
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