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4681 Overseas Highway, Marathon, FL 33050

$1,500,000
Property Type: Business Opportunity Lot Size (sq. ft.): 89,298 Status: Closed
Current Price: $1,500,000 List Date: 7/29/2016 Last Modified: 5/15/2020

Overview

Description

Money making water sports business opportunity in Marathon. Vacation Boat Rentals aka Marina Junction. Check out one of the most advanced boat rental websites in the business at www.VacationBoatRentals.com. Grossed over $1.8 million in 2015 and total owner benefits add up to net income over $550,000 per year and growing. Solid set of books and seller's accountant can back up numbers. Fleet of over 40 boats and fixed assets of over $1.2 million included plus business name, numbers and sophisticated website. Business started by owner over 10 years ago & ready to retire. Opportunities for new owner to take business to the next level. Commercial waterfront property is currently leased but may be purchased with owner financing. See us for details.

Listing Details MLS# 123578

Location, Tax & Legal

Street #
4681
Street Name
Overseas
Street Suffix
Highway
Key/Island
Marathon
State/Province
FL
Zip Code
33050
Subdivision
Misc Marathon West (49.0)
County
Monroe
Area
13 - 7 Mile Bridge to Sombrero Bch Rd E & W
KW Neighborhood
Outside of Key West
City
MARATHON
Mile Marker
46.8
Side
Ocean
Alternate Key #
11203
Bldg Nbr
No
Legal
Business leasehold only, known as Marina Junction and/or Vacation Boat Rentals
Taxes
11520
Tax Year
2015

Contract Information

Listing Board
Key West Association
Limited Representation
No
Potential Short Sale
No
Bank Owned
No

General Property Description

Realtor.COM Type
Commercial
Style
Business Opportunity
Lot SqFt
89298
Waterfront
Yes
Business Name
Vacation Boat Rental
Building SqFt
840
Year Built
1985
# Parking Spaces
No
# Stories
0
Building Ht. Ft.
0
Total # Buildings
0

Status Change Info

Sold Date
2016-11-22

Dockage

Dock
Other
Seawall
Other
Boat Slip
Yes

Financial Status

Bank Owned
No
Potential Short Sale
No

More Information

Remarks & Misc

Remarks – Consumer
Money making water sports business opportunity in Marathon. Vacation Boat Rentals aka Marina Junction. Check out one of the most advanced boat rental websites in the business at www.VacationBoatRentals.com. Grossed over $1.8 million in 2015 and total owner benefits add up to net income over $550,000 per year and growing. Solid set of books and seller's accountant can back up numbers. Fleet of over 40 boats and fixed assets of over $1.2 million included plus business name, numbers and sophisticated website. Business started by owner over 10 years ago & ready to retire. Opportunities for new owner to take business to the next level. Commercial waterfront property is currently leased but may be purchased with owner financing. See us for details.
Directions
MM 46.8 Oceanside, north of and directly next door to the Home Depot in Marathon.

Type

Boat Care
Yes
Boat Sales/Service
Yes
Marina
Yes

Waterview

Canal View
Yes

Construction

Other
Yes

Utilities

FKAA
Yes

Tenant Paid

Electric
Yes
Sewer
Yes
Water
Yes

Property Features

Type: Boat Care; Boat Sales/Service; Marina Construction: Other Dockage: Boat Slip Utilities: FKAA Waterview: Canal View Tenant Paid: Electric; Sewer; Water
Listing Office: RE/MAX Keys Connection (KW)
Last Updated: May - 15 - 2020
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.