58743 Overseas Hwy - Hospitality FOR SALE


Marathon, FL 33050
$5,500,000 USD
305-399-5465
58743 Overseas Hwy, Marathon, FL for Sale
$5,500,000 USD
Hospitality - FOR SALE
1/9
null | Request Cap Rate

58743 Overseas Hwy
Marathon, FL 33050


OVERVIEW

Prime investment opportunity! A well-maintained and continuously upgraded 13-room boutique hotel in Marathon, Florida, spanning two buildings on a 1.08-acre lot. Recognized with a TripAdvisor Travelers' Choice Award 2024, the property boasts strong guest ratings (8.6 on Expedia, 7.8 on Booking.com) and a loyal repeat clientele. This pet-friendly hotel features a heated pool, ample parking, and dockage, offering guests both comfort and convenience. With a higher length of stay than competitors and a strong presence in the transient market, Gulf View presents a turnkey investment with steady revenue, strong guest retention, and future growth potential in the heart of the Florida Keys. Two Buildings totaling 11,912 SF, the larger building is 3 stories and 7,196 SF and the smaller building is 2 stories and 4,716 SF. A rare chance to invest in a boutique hotel in the heart of the sought-after Florida Keys.

FOR SALE DETAILS

PRICE

$5,500,000 USD

PRICE/SF

$462 USD /SF

# OF ROOMS

13

PRICE/ROOM

$423,077 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Gulf View Waterfront Resort

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1969

PARKING SPACES

15

LAND DETAILS

LAND ACRES

1.08 AC

LAND SF

47,045 SF

ZONING

SR

APN/PARCEL ID

00376080-000000

ASK ABOUT THIS PROPERTY

Milena DamchevskiAvanti WayMore Info
305-399-5465

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Milena DamchevskiAvanti WayMore Info
305-399-5465

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