10699 Aviation Blvd Marathon, FL 33050
- Retail space
- 4,140 SF
- 0.11 lot acres
Current Use by Public Records
- Capt Brian's Hot Tub & Spa Store, Pool Supplies & Landscape Service / Landscaper / Hot Tub Store
Property Details for 10699 Aviation Blvd
- Year built
- 1943
- Lot size
- 0.11 lot acres
- Property size
- 4,140 SF
- Property type
- Retail space
- APN
- 00333500-000000
- APU
- 333500000000
Description
This exceptional offering presents a rare opportunity to acquire both a thriving business and its accompanying real estate in the vibrant Marathon, Florida market. Located at 10699 Aviation Boulevard, this 4,284 square foot commercial property houses Captain Brian's Pool and Spa, a well-established enterprise operating since 2018. The business boasts a loyal customer base exceeding 100 residential and commercial accounts, providing a consistent revenue stream. The property's strategic location on a busy corner ensures high visibility and convenient access, surrounded by other popular Marathon attractions. The building itself is a durable concrete block structure, meticulously maintained and offering ample space for both showroom and storage needs. The current layout is adaptable, allowing for potential expansion of retail space or service offerings. Captain Brian's Pool and Spa holds the exclusive dealership for Strong Spas in the Florida Keys, solidifying its position as a premier provider of luxury hot tubs and pool supplies. Financial records demonstrate substantial current cash flow, with significant potential for future growth through service expansion, extended operating hours, or the introduction of new products. This turnkey operation presents a compelling investment opportunity combining a profitable business with a well-situated commercial property. The property's solid construction and prime location make it an ideal investment for both experienced entrepreneurs and those seeking a stable, high-return venture in the flourishing Florida Keys market.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $690,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $760,000
- 6.5%
- $705,000
- 7%
- $665,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $685,000
- Geo Method
- $615,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $730,000
- Retail
- $690,000
- Mixed-Use
- $730,000
- Hospitality
- $710,000
- Educational
- $600,000
- Residential Income
- $640,000
- Energy
- $690,000
- Income-Based Land
- $635,000
- Food Service
- $725,000
Location Insight
- Map
- Local Demand
- City
- Marathon
- County
- Monroe
- State
- Florida
- Longitude
- -81.0397
- Latitude
- 24.7323
- CBSA code
- 28580
- CBSA name
- KEY WEST-MARATHON, FL MICROPOLITAN STATISTICAL AREA
