$6,999,997
91 Ave A
Marathon, FL 33050
MLS# 601263
1 beds  |  2 baths  |  5150 sqft


Clean, healthy deep water canal
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Clean, healthy deep water canal Quick ocean access and the Gulf is a 5 min ride through Vaca Cut Street view from AVE A 91 Ave A, Marathon, FL 33050 33 foot and the 34 foot boats in the fleet 91 Ave A, Marathon, FL 33050 91 Ave A, Marathon, FL 33050 Bay Bottom is included in the sale 91 Ave A, Marathon, FL 33050 The antique outboard collection is included 91 Ave A, Marathon, FL 33050 Lots of tool lockers on the back wall. the White curtain closes off a section of the shop for painting boats. LED lights line the booth. 91 Ave A, Marathon, FL 33050 the 2 brand new 25 foot boats down stars washer and drier 5 spare engines. All boats are Yamaha powered Check in office 91 Ave A, Marathon, FL 33050 91 Ave A, Marathon, FL 33050 downstairs half bath for customers and employees Office window and rear stairs to the dock storage closet One of 3 fuel tanks on property 91 Ave A, Marathon, FL 33050 91 Ave A, Marathon, FL 33050 91 Ave A, Marathon, FL 33050 91 Ave A, Marathon, FL 33050 91 Ave A, Marathon, FL 33050 Entry to upstairs apartment Living room granite and stainless in the kitchen 91 Ave A, Marathon, FL 33050 91 Ave A, Marathon, FL 33050 dinning room large bedroom could be split into two rooms 91 Ave A, Marathon, FL 33050 91 Ave A, Marathon, FL 33050 91 Ave A, Marathon, FL 33050 91 Ave A, Marathon, FL 33050 91 Ave A, Marathon, FL 33050 91 Ave A, Marathon, FL 33050 91 Ave A, Marathon, FL 33050 91 Ave A, Marathon, FL 33050 91 Ave A, Marathon, FL 33050 91 Ave A, Marathon, FL 33050 91 Ave A, Marathon, FL 33050 All of the boats have polished stainless anchor shields 91 Ave A, Marathon, FL 33050

Property 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 19 Twin Engine Boats ranging in size from 25ft to 34FT in length including 2 Brand New 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, and at the current list price offers over an estimated 12% Annual CAP Rate with opportunities to easily expand the business & boost annual revenues. 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.

Details
Maps
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 19 Twin Engine Boats ranging in size from 25ft to 34FT in length including 2 Brand New 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, and at the current list price offers over an estimated 12% Annual CAP Rate with opportunities to easily expand the business & boost annual revenues. 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.
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
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/Heating: Central A/C
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 Floor; Wood Floor
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: July - 07 - 2022

91 Ave A, Marathon, FL 33050 - MLS# 601263
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.