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Property profile & analytics
OFF-MARKET Estimated value $755,000
Retail space

10699 Aviation Blvd Marathon, FL 33050-3057

4,140 SF 0.11 ac lot Built 1943
Individually Owned 3-yr Hold ~ Est. High Equity
Property ID
US18-4216957
Property summary
AI-generated overview

This exceptional offering presents a rare opportunity to acquire both a thriving business and its accompanying real estate in the vibrant Marathon, Florida market. Located at 10699 Aviation Boulevard, this 4,284 square foot commercial property houses Captain Brian's Pool and Spa, a well-established enterprise operating since 2018. The business boasts a loyal customer base exceeding 100 residential and commercial accounts, providing a consistent revenue stream. The property's strategic location on a busy corner ensures high visibility and convenient access, surrounded by other popular Marathon attractions. The building itself is a durable concrete block structure, meticulously maintained and offering ample space for both showroom and storage needs. The current layout is adaptable, allowing for potential expansion of retail space or service offerings. Captain Brian's Pool and Spa holds the exclusive dealership for Strong Spas in the Florida Keys, solidifying its position as a premier provider of luxury hot tubs and pool supplies. Financial records demonstrate substantial current cash flow, with significant potential for future growth through service expansion, extended operating hours, or the introduction of new products. This turnkey operation presents a compelling investment opportunity combining a profitable business with a well-situated commercial property. The property's solid construction and prime location make it an ideal investment for both experienced entrepreneurs and those seeking a stable, high-return venture in the flourishing Florida Keys market.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1943
Total area 4,140 SF
Lot 0.11 ac (5,000 SF)
APN 00333500-000000
UPID US18-4216957
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Capt Brian's Hot Tub & Spa Store, Pool Supplies & Landscape Service Landscaping General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$655k
CAP Approach CAP
$865k
Comparable Approach Comparable
$811k
Blend (final) Blend
$755k
Owner & transaction history
Brian Reinfandt · 3 yrs held
Brian Reinfandt
since 2022
Last sale
$750,000
1 recorded transaction
2022
$750,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $1.2M +13.9%
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