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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