59073 Overseas Hwy - Marinas FOR SALE


Marathon, FL 33050
$10,900,000 USD
772-579-0370
59073 Overseas Hwy, Marathon, FL for Sale
$10,900,000 USD
Marinas - FOR SALE
1/14
null | Request Cap Rate

59073 Overseas Hwy
Marathon, FL 33050


OVERVIEW

Property Details Size: 22,069 SF Total Building Size on 2.7 Acres, plus Boat Basin. 33 Wet Slips, 110 Dry Rack Spaces, 78 Boat Trailer Storage Spaces Land Use: Commercial Marina Zoning: Mixed Use (MU) Parcel ID: 00375960-000000 Property Summary Marina services include 110 Indoor & Outdoor Dry Rack Storage spaces, 33 Wet Slips and 78 Trailer Storage spaces. Tiki Hut sits on the Point overlooking the Gulf of Mexico. Marketplace with Beer, Ice, and Bait Convenience store with or without fuel sales in parking area. First stop as vehicles come into the north end of Marathon. Grassy Key Marina received the 2022 Boater’s Choice award. Chartered Fishing and Boat Rental Tenants. Affluent Duck Key very close by. Great visibility from US-1 (Overseas Hwy) on the way through Grassy Key. No competition around. Cost and barriers to entry minimal. So much potential and upside for new owners to realize. 4 studio apartments, adding income to the property - $5,500/month

FOR SALE DETAILS

PRICE

$10,900,000 USD

PRICE/SF

$494 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Grassy Key Marina

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Marinas

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

29

LAND DETAILS

LAND ACRES

2.7 AC

LAND SF

117,612 SF

ZONING

INC

APN/PARCEL ID

00375960-000000

ASK ABOUT THIS PROPERTY

Stuart DuffinNAI Southcoast CommercialMore Info
772-579-0370

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Stuart DuffinNAI Southcoast CommercialMore Info
772-579-0370

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