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Luxury Houseboat Rental Business
For Sale
$850,000

Rat Key Street Gulf, Key West, FL 33040

COMMERCIAL - Key West, FL

Property SizeContact for details
Days on Market121

Property Features for Rat Key Street Gulf

General Information

Property type Commercial Sale
Property subtype Other
Zoning CG - General Commercial
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bathroom 1
Subdivision The Meadows (1.0)
Standard status Active
APN 000000

Utilities

Water front 1

Building Details

Year built 2010
Floors in Building 1
Listing Agency: Ocean Sotheby's International Realty
Listed By: Terrance Sullivan
Added: Apr 24 Changed: Aug 4 Last Checked: Aug 22 at 9:06AM
MLS# 619620

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.

Offered for sale is a turnkey eco-tour and hospitality operation, marketed as Mellow Ventures LLC, based in Key West, Florida. The included operation spans multiple revenue streams, including guided eco tours, private charters, island excursions, and custom adventures, along with overnight short-term rentals. The sale also includes two custom-built luxury houseboats currently operating as short-term rentals.

In addition to the two vessels, the listing notes a 24' Twin Vee. The business is described as having established brand presence, booking systems, media assets, furnishings, and equipment, along with an online review history and repeat clientele.

The property is listed under zoning CG - General Commercial. For buyers seeking an owner-operator or managed-income structure, the package is presented as a ready-to-operate business with both the charter/tour component and the houseboat rental component included.

Key Highlights

  • Established eco‑tour and hospitality/charter business operating out of Key West
  • Includes two custom‑built luxury houseboats currently operating as short‑term rentals
  • Houseboats are 24' Twin Vee (24‑foot Twin Vee)

Property Analytics

Current Use

Short term rental ...

Lease Details

2
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

38
Businesses Nearby

Demographics for 33040, FL

35,958
Population
19,001
Households
1.9
Avg Household Size
44
Median Age
38%
College-Educated
92%
High-School Grad
17.7 sq mi
ZIP Area
2,032
Density / Sq Mi
$79,038
Median Household Income
$42,458
Median Earnings
$2,079
Median Rent
$766,400
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Short term rental property - Turnkey Key West eco-tour and short-term rental operation includes two custom-built luxury houseboats for nightly use.
Where is this short term rental property located?
The property is located at Rat Key Street Gulf Key West, FL.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Established eco‑tour and hospitality/charter business operating out of Key West; Includes two custom‑built luxury houseboats currently operating as short‑term rentals; Houseboats are 24' Twin Vee (24‑foot Twin Vee)
More about this property
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