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200 Treasure Harbor Dr - Treasure Harbor Marina 1,069 SF Specialty Building Offered at $8,500,000 at a 9.50% Cap Rate in Islamorada, FL 33036
Investment Highlights
- (18) Deep Water Wet Slips, Accommodate Yachts 50 FT + In Length
- Successful Boat Rental business with 17 Rental Boats included
- Brand new floating docks
- New Concrete In-ground Pool, Deck and Fence just completed.
- Lucrative Vacation Rental business with (10) Aqua Lodges include
- Manager on-site, with absentee owner oversight
Executive Summary
Very unique Marina & Resort in Islamorada, FL. Manager on site handles responsibilities with oversight from the absentee owner. Rare 1+ Acre Oceanside Lot with many uses possible. Deep water protected harbor with 18 large boat slips that can accommodate 50+ ft. yachts. Approach depth approximately 6 ft.+ at high tide with a clearly marked channel. Features include water, new 30 Amp and 50 Amp electric at each slip, fuel dock, concrete building with office, ship store, workshop, and garage/storage. 2 outdoor showers, 2 bath houses with indoor showers, stalls, and dressing area. New waste/pump-out station and fuel station. New Concrete In-ground Pool, Deck and Fence just completed. An additional separate concrete building used for storage on the North side of the property. New Concrete In-ground Pool, Deck and Fence just completed. Brand new floating docks. Private marina, must call for an appointment and sign an NDA/CA for more information. This Property is also listed without the business for $6,995,000.
Property Facts
| Price | $8,500,000 | Building Class | C |
| Price Per SF | $7,951.36 | Lot Size | 1.09 AC |
| Sale Type | Investment | Building Size | 1,069 SF |
| Cap Rate | 9.50% | No. Stories | 1 |
| Property Type | Specialty | Year Built/Renovated | 1948/1975 |
| Property Subtype | Marina | ||
| Zoning | MR - Marine Use | ||
| Price | $8,500,000 |
| Price Per SF | $7,951.36 |
| Sale Type | Investment |
| Cap Rate | 9.50% |
| Property Type | Specialty |
| Property Subtype | Marina |
| Building Class | C |
| Lot Size | 1.09 AC |
| Building Size | 1,069 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1948/1975 |
| Zoning | MR - Marine Use |
Amenities
- Waterfront
- Air Conditioning
1 1
Not walkable
10/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 00410540-000200 | Improvements Assessment | $352,833 |
| Land Assessment | $2,338,769 | Total Assessment | $2,691,602 |
Property Taxes
Parcel Number
00410540-000200
Land Assessment
$2,338,769
Improvements Assessment
$352,833
Total Assessment
$2,691,602
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200 Treasure Harbor Dr - Treasure Harbor Marina
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