Technical
Financial
Distress signals
Property profile

0 Venitian Marina Biscayne Bay Miami Beach, FL 33132

OFF-MARKET
Specialty properties
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Property summary

AI-generated overview

Exceptional opportunity to acquire a thriving boat and yacht rental business situated in the prime location of Venetian Marina & Yacht Club on Biscayne Bay in Miami Beach, Florida (zip code 33132). This turnkey operation boasts a strong financial track record, generating $140,000 in profit. The sale includes a valuable fleet of boats with an estimated worth of $240,000. The business benefits from a highly desirable location offering quick access to the channel, eliminating lengthy, low-speed navigation through rivers or canals. A significant advantage is the secure possession of three rental spots, a rare commodity in the current market. The business model encompasses both boat rentals and chartered excursions, with or without a captain, catering to a diverse clientele. The diverse fleet ensures options for various preferences. This well-established enterprise enjoys a superior online reputation, consistently ranking among the top three boat rental businesses on Google, TripAdvisor, and Viator. A substantial customer base of over 3000 loyal clients, coupled with established relationships with local hotels, contributes to the business's consistent success. The asking price for this exceptional opportunity is $349,000.

Property profile

Verified
Property type Specialty properties

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Venitian Marina Biscayne Bay Miami Beach, FL 33132
Miami Beach metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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