200 Treasure Hbr Dr Plantation Key, FL 33036

Property Details for 200 Treasure Hbr Dr

Property size

1,069 SF

Property type

Marinas

Description

This exceptional Class A mixed-use property, Treasure Harbor Resort & Marina, presents a lucrative investment opportunity in Islamorada, Florida. Located at 200 Treasure Harbor Dr, 33036, this tranquil marina sits on a rare 1+ acre oceanside lot (47,594 sq ft) zoned MR-Marine Use. The property boasts 18 large boat slips accommodating yachts over 50 feet, with a protected harbor featuring approximately 6+ feet of approach depth at high tide and a clearly marked channel. Each slip is equipped with water, 30-amp and 50-amp electric service. On-site amenities include a fuel dock, a concrete building housing an office, ship store, workshop, and garage/storage area, plus a laundry building with coin-operated washers and dryers. Two outdoor showers and two bathhouses with indoor showers, stalls, and dressing areas are also available. Recent improvements include a new waste/pump-out station and fuel station. An additional separate concrete building provides further storage. This turnkey operation includes a successful boat rental business with 17 boats and a thriving vacation rental business featuring nine Aqua Lodges, all included in the sale. The total net rentable square footage is 1,069 sq ft. The asking price is $9,750,000, representing a 9.70% cap rate. This is a truly unique opportunity to acquire a well-established and profitable waterfront business in a highly desirable location. Private showings are required.