200 Treasure Harbor Dr - Marinas FOR SALE


Islamorada, FL 33036
$9,750,000 USD
305-304-0084
200 Treasure Harbor Dr, Islamorada, FL for Sale
$9,750,000 USD
Marinas - FOR SALE
1/15
null | 10.26% Cap Rate

200 Treasure Harbor Dr
Islamorada, FL 33036


HIGHLIGHTS

  • 2024 Net Income Over $1 Million Per Year, Over 10% Cap Rate At Asking Price
  • (18) Deep Water Wet Slips, Accommodate Yachts 50 FT + In Length
  • Lucrative Vacation Rental business with (10) Aqua Lodges included
  • Successful Boat Rental business with 17 Rental Boats included

OVERVIEW

2024 NET INCOME OVER $1 MILLION/YR. OVER 10% CAP RATE AT ASKING PRICE. Very Profitable Marina & Unique Resort in Islamorada, FL. Manager on site handles responsibilities with oversight from the absentee owner. Rare 1+ Acre Oceanside Lot with many uses possible. Deep water protected harbor with 18 large boat slips that can accommodate 50+ ft. yachts. Approach depth approximately 6 ft.+ at high tide with a clearly marked channel. Successful Boat Rental Business with 17 boats included in the sale. Lucrative Vacation Rental Business with (10) Aqua Lodges and 1 houseboat also included. Features include water, new 30 Amp and 50 Amp electric at each slip, fuel dock, concrete building with office, ship store, workshop, and garage/storage. 2 outdoor showers, 2 bath houses with indoor showers, stalls, and dressing area. New waste/pump-out station and fuel station. An additional separate concrete building used for storage on the North side of the property. Private marina, must call for an appointment and sign an NDA/CA for more information.

FOR SALE DETAILS

PRICE

$9,750,000 USD

PRICE/SF

$9,121 USD /SF

CAP RATE

10.26%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Treasure Harbor Marina

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Marinas

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1948

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.09 AC

LAND SF

47,594 SF

ZONING

MR

APN/PARCEL ID

00410540-000200

ASK ABOUT THIS PROPERTY

Curtis A. Skomp, CCIMLoopnet LeadMore Info
305-304-0084

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Curtis A. Skomp, CCIMLoopnet LeadMore Info
305-304-0084

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.