12020 Overseas Highway , #8

    Marathon, FL 33050
    • $1,850,000
    • STATUS: Active
    • ON SITE: 240 days
    • MLS #: 582363
    UPDATED: 50 min ago
    $1,850,000
    • 9
      BEDS
    • 0.44
      ACRES
    • 9
      BATHS
    • 0
      1/2 BATHS
    • 3,638
      SQFT
    • $509
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1960
    County:

    School Ratings & Info

    Description

    Rare to the market, waterfront Motel/Botel. Well established business with the same owners for 32 years. Property is comprised of one freestanding building, 8 transient units ranging from (5) kitchenette to (3) standard canal front rooms, one (1)- bedroom managers apartment, front desk, laundry and 170' of dockage. Incredible location with direct Overseas Highway exposure. The motel enjoys canal frontage, boat ramp , direct Gulf and Ocean access. Walking distance to Capt. Hooks Marina, Aquarium Encounters, restaurants & shopping. The property is well maintained and has had several upgrades in the past year (roof, landscaping, appliances, and more). Rated 4.5 stars on Trip Advisor. Own your piece of paradise in the heart of Marathon.

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    The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Conch Realty are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
    www.conchrealty.com/homes/88667050

    12020 Overseas Highway , #8 Marathon, FL 33050

    • Price: $1,850,000
    • Status: Active
    • Updated: 50 min ago
    • MLS #: 582363
    9
    Beds
    9
    Baths
    0
    ½ Baths
    0.44
    Acres
    3,638
    SQFT
    $509
    $/SQFT
    1960
    Built
    Neighborhood:
    Hawaiian Village (53.5)
    County:
    Monroe
    Area:
    17 - Vaca Cut - Both Sides Holiday Inn/Key Colony
    Property Description
    Rare to the market, waterfront Motel/Botel. Well established business with the same owners for 32 years. Property is comprised of one freestanding building, 8 transient units ranging from (5) kitchenette to (3) standard canal front rooms, one (1)- bedroom managers apartment, front desk, laundry and 170' of dockage. Incredible location with direct Overseas Highway exposure. The motel enjoys canal frontage, boat ramp , direct Gulf and Ocean access. Walking distance to Capt. Hooks Marina, Aquarium Encounters, restaurants & shopping. The property is well maintained and has had several upgrades in the past year (roof, landscaping, appliances, and more). Rated 4.5 stars on Trip Advisor. Own your piece of paradise in the heart of Marathon.
    Exterior Features

    Construction Cbs Dockage Boat Ramp Dockage Dock Wood Dockage Dock Length 170 Land Size 1/4 - 1/2 Acre Lot Size 50X95 Miscellaneous High Traffc LocationHigh VisibilityHighway FrontageLobbyManager On PremisesPoolUtility Building Shutters Panel Side Bay/Gulf Style Commercial Vehicle Storage Common ParkingGuest Parking Waterfront Canal Front Waterfront YN Yes Waterview Canal View

    Interior Features

    Appliances Refrigerator Cooling Heating Window/Wall Unit Floor Tile Floor Interior Features Drapes/Blinds InclFurnished Kitchens 6 Net Leasable Area 3638.00 Refrigerators 6 Washers 1 Windows Doors Sliding Glass Doors

    Property Features

    Assoc Hoa YN No Assoc Right Of Refusal No Bank Owned No Bank Owned Financial Status No Business Name Royal Hawaiian Motel City Marathon Commercial Type Hotel/Motel Control Depth 4 Deed Restrictions No Dryers 1 Efficiencies 5 Electric Circuit Breakers Fee Includes None Fema List No Flood Zone AeAe Listing Board Marathon/Lower Keys Mile Marker 53.50 Off Shore Island No Potential Short Sale No Potential Short Sale Financial Status No Property Info License Included Property Rights Transient License Property Type Commercial Recorded Plat Yes Sq Ft Source Property Data Card Tax Year 2017 Taxes 13010.90 Terms Buyer Obtain Finance Title Title Ins - Buyer Total Units 0.00 Utilities FkaaMunicipal Sewer Year Established 1960-06-01 Zoning Mu - Mixed Use Commercial Mixed Use

    Listing courtesy of Kim Rabito Show of Berkshire Hathaway Homeservices Keys Real Estate.


    The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Conch Realty are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
     
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