Boutique Motel with Waterfront
New
For Sale
$5,900,000
243 61st Street, Marathon, FL 33050
Commercial Sale, Marathon, FL
Property Size4,557 SF
Lot Size0.56 Acres
Price / SF$1,294
Days on Market1
Property Features for 243 61st Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
MU - Mixed Use Commercial
Bedrooms
13
Bathrooms
13
Full bathrooms
13
Rooms
Bathroom 7, Bathroom 11, Bedroom 8, Bedroom 4, Bathroom 12, Bedroom 9, Bedroom 13, Bathroom 4, Bathroom 8, Bedroom 6, Bathroom 9, Bathroom 13, Bedroom 1, Bedroom 12, Bathroom 3, Bedroom 3, Bedroom 11, Bedroom 5, Bathroom 2, Bathroom 6, Bedroom 2, Bedroom 10, Bathroom 5, Bedroom 7, Bathroom 1, Bathroom 10
Parking features
Guest, Off Street
Appliances
Refrigerator, Washer, Dryer
Subdivision
Marathon Heights (50.5)
View
Water
Directions
Overseas Hwy in Marathon to 61st St. Gulfside
Standard status
Active
APN
00338430-000000
Size
4,557 SF
Lot size
0.56 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
MARATHON HEIGHTS PB2-83 KEY VACA LOTS 3 THRU 8 BLK 1 G42-19 G47-537 OR547-1030 OR724-21 OR950-1411D/C OR960-185R/S OR983
Tax Annual Amount
19951
Legal Description
MARATHON HEIGHTS PB2-83 KEY VACA LOTS 3 THRU 8 BLK 1 G42-19 G47-537 OR547-1030 OR724-21 OR950-1411D/C OR960-185R/S OR983
Utilities
Cooling system
Central Air
Amenities
Tiki Hut & Bar
Food Truck with seating area
laundry room
storage rooms
deeded waterfront access with boat ramp and staging area
Building Details
Year built
1954
Floors in Building
1
Number of units
11
Building materials
CBS, Frame, Manufactured, Combo Construction
Roof type
Other, Metal
Listing Agency:
RE/MAX Keys Connection (KW)
(305) 296-1400
Listed By:
Curtis A Skomp, CCIM · License #263500131
(305) 745-9088
Added: Aug 29
Last Checked: Aug 29 at 6:06PM
MLS# 621147
Copyright © 2026 Key West Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 13-room motel occupies 0.56 acres and includes nine buildings: eight freestanding cottages plus a main building containing three rooms, an office, a kitchen, and a check-in area. The property offers 11 transient licenses, furnished accommodations, and individual room layouts. Most rooms include a kitchenette with a sink, microwave, and refrigerator, while every unit has a refrigerator and microwave. Central air, metal roofing, commercial-grade laundry equipment, storage rooms, and off-street guest parking support daily operations. The property was built in 1954 and includes a Tiki Hut and bar, a food truck with seating, and a staff that has remained in place long term. Deeded waterfront access at the end of 61st Street includes a boat ramp and staging area for watercraft and recreational equipment.
Key Highlights
- 13 furnished guest rooms with 11 transient licenses
- 0.56‑acre property totaling 24,384 square feet
- Nine buildings, including eight freestanding cottages and a main building
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
578
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Motel - Thirteen furnished guest rooms span eight cottages and a main building with on-site laundry and guest parking.
Where is this motel located?
The property is located at 243 61st Street 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 furnished guest rooms with 11 transient licenses; 0.56‑acre property totaling 24,384 square feet; Nine buildings, including eight freestanding cottages and a main building
