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    212 Casey Key Rd Nokomis, FL 34275

    For Sale
    $10,450,000

    Profitable Boutique Island Resort

    Property size:
    17,196 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    Escape Resort and Marina on Casey Key, Florida, presents a rare opportunity to acquire a thriving, recently renovated boutique resort. This exceptional property boasts 14 expansive suites, each featuring full kitchens with stainless-steel appliances, new flooring, windows, and doors. The resort sits on over an acre of lushly landscaped waterfront land, steps from the Gulf of Mexico. Amenities include a large pool and sundeck, a waterfront clubhouse with a full kitchen, an amphitheater with a firepit, BBQ areas, bicycle and kayak rentals, and a fitness center. The property also includes a 15-dock marina accommodating boats up to 50 feet, equipped with 50-amp electric and water hookups. All rooms are stylishly furnished with flat-screen TVs and free Wi-Fi. The resort enjoys consistently high occupancy rates and strong year-over-year revenue growth, making it an ideal turnkey investment for an entrepreneur or experienced hotelier seeking a profitable waterfront venture in a highly desirable location near Sarasota. The resort's prime location on Casey Key Island offers limited competition and the ability to rent rooms nightly, weekly, or monthly. The property features seven buildings totaling 17,196 square feet. This is a truly exceptional opportunity to own a successful and highly sought-after waterfront resort and marina.

    Property Features for 212 Casey Key Rd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    17,196 SF
    Lot Size
    48,352 SF

    Building Details

    Year Built
    1965
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Venice Reef Charters Fishing Charter Zephyr Charters Boat Tour Agency Escape Casey Key ... Resort Hotel A Place To Be Motel Motel

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Nokomis
    County
    Sarasota
    State
    Florida
    Longitude
    -82.471
    Latitude
    27.12715

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    FAQs

    What type of property is this?
    Commercial real estate - Profitable Boutique Island Resort
    Where is this commercial real estate located?
    The property is located at 212 Casey Key Rd Nokomis, FL.
    What is the asking price?
    The asking price for this property is $10,450,000.
    (941) 966-8889
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    212 Casey Key Rd Nokomis, FL 34275
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    Nokomis, FL 34275
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    212 Casey Key Rd Nokomis, FL 34275
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