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Boutique Motel With Cottages
For Sale
$5,900,000

243 61st Street Gulf, Marathon, FL 33050

Furnished guest accommodations include kitchenettes, on-site laundry, and a leased tiki bar and food truck operation.

Property SizeContact for details
Lot Size0.56 Acres
Days on Market25

Property Features for 243 61st Street Gulf

General Information

Standard status Active
Lot size 0.56 Acres
Zoning GC

Additional Details

Business Included Yes

Taxes and HOA fees

Annual Taxes $19,950

Amenities

Tiki Hut & Bar
Food Truck with seating area
laundry room
deeded waterfront access with boat ramp

Building Details

Buildings 9
Listing Agency: RE/MAX Keys Connection (KW)
Listed By: Curtis A Skomp, CCIM · License #3350136
Source: Exprealty
Added: Aug 29 Changed: Sep 19 Last Checked: Sep 21 at 12:27PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Keys Connection (KW)

Investment Insights

Based on property information with market context.

Tropical Cottages is a furnished motel property in Marathon with 13 rooms, an office, and a check-in room arranged across 9 buildings. The improvements include 8 detached cottages and a main building containing 3 rooms. Guest accommodations feature individual interiors, with most units offering kitchenettes equipped with sinks, microwaves, and refrigerators; every unit includes a refrigerator and microwave. The property also has a full laundry room with commercial-grade washers and dryers, additional storage, and on-site housekeeping operations.

The 6-lot property encompasses 0.56 acres, or 24,384 square feet, with off-street guest parking. Zoning is GC, and the recognized land use is Hotel/Motel. The offering includes 11 Transient Licenses and deeded waterfront access at the end of 61st St., where a boat ramp and staging area serve watercraft and related recreational activities. A Tiki Hut and Bar and a food truck with seating area are also on site.

Key Highlights

  • 13‑room motel across 9 buildings, including 8 detached cottages
  • 11 Transient Licenses included
  • 0.56 acres, or 24,384 square feet, across 6 lots

Property Analytics

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Current Use

Motels

Suggested Use

Top Pick Dental Office Auto Parts Store Auto Repair Shop Parking Lot & Garage Hair Salon Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

578
Businesses Nearby
Well-served
Demand for This Use

Demographics for 33050, FL

10,479
Population
7,314
Households
1.4
Avg Household Size
50
Median Age
34%
College-Educated
90%
High-School Grad
9.1 sq mi
ZIP Area
1,152
Density / Sq Mi
$83,243
Median Household Income
$40,006
Median Earnings
$1,611
Median Rent
$705,600
Median Home Value
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Frequently Asked Questions

What type of property is this?
Motel - Furnished guest accommodations include kitchenettes, on-site laundry, and a leased tiki bar and food truck operation.
Where is this motel located?
The property is located at 243 61st Street Gulf Marathon, FL.
What is the asking price?
The asking price for this property is $5,900,000.
What are key features of this property?
This property features: 13‑room motel across 9 buildings, including 8 detached cottages; 11 Transient Licenses included; 0.56 acres, or 24,384 square feet, across 6 lots
More about this property
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