0 Venitian Marina Biscayne Bay Miami Beach, FL 33132
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.