5000 Overseas Highway
Marathon, FL 33050

$3,339,000

Description

Opportunity to own this high profile long established and well run hotel in Marathon in the heart of the Florida Keys. Located at Mile marker 49.8 close to to the airport, beaches, golf course, marinas, restaurants and shopping. The hotel consists of 3 concrete buildings, 23 rooms, all with refrigerators, microwaves and coffee stations. 21 transient licenses. Heated and chilled swimming pool, on-site laundry and guest laundry, 100% ADA compliant facility, BBQ grills, pond and water feature, video surveillance system, 30 parking spaces, and the fastest Wi-Fi in the Keys!. Great occupancy rates with repeat business. Excellent reviews on-line including Trip Advisor &Expedia.

Details

MLS#582220
StyleHospitality
Sub-TypeResale
StatusActive
Year1968
Days On Site320

Features

SQ Feet7,378
Story(s)1
ZoningMU - Mixed Use Commercial Mixed

Market Activity 33050

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Area Information

StateFL
CountyMonroe
CityMarathon
Zip Code33050
AreaMiddle Keys
Listing VS Median (in 33050)
Price:
$3,339,000
low | high
Med:
$479,000
100% of Average
SqFt:
7,378
low | high
Med:
900
100% of Average
$ / SqFt:
$453
low | high
Med:
$532
32.397856976473% of Average
On Site:
320
low | high
Med:
522
61.302681992337% of Average
Listing Updated: 08/24/2019