Lisa Ferringo - Coldwell Banker
57622-42 Overseas Highway
Marathon, FL 33050

$2,475,000

Description

One of the few small motels left in the Florida Keys. Motel rights are on the rise! Motel (7 one day rentals and manager's unit) and Adjacent Duplex (2 - 7 day rentals) on a large parcel right on the Atlantic Ocean. Back on the market after extensive repairs...new plumbing, electric, concrete, hurricane windows and appliances. See market brochure for complete details. Buyer to finalize furnishings, landscaping, outdoor areas and drywall finish in. Please do not visit the property without contacting the listing agent first. Get your offers in now.

Details

MLS#582008
StyleHospitality
Sub-TypeResale
StatusActive
Year1969
Days On Site81

Features

Story(s)2
Units10
ZoningMU - Mixed Use Commercial Mixed

Market Activity 33050

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Area Information

StateFL
CountyMonroe
CityMarathon
Zip Code33050
AreaMiddle Keys
Listing VS Median (in 33050)
Price:
$2,475,000
low | high
Med:
$470,000
100% of Average
On Site:
81
low | high
Med:
60
100% of Average
Listing Updated: 12/14/2018
MLS Number: 582008
Listing Provided By:
Gidget Jackson  of  Florida Keys Real Estate LLC dba: Florida Keys Island Realty