12020 Overseas Highway 8, Marathon, FL 33050
$1,600,000
Property Type:
Commercial
Bedrooms:
9
Baths:
9
Square Footage:
3,638
Lot Size (sq. ft.):
19,230
Status:
Closed
Current Price:
$1,600,000
List Date:
10/18/2018
Last Modified:
9/10/2024
Description
Rare to the market, waterfront Motel/Botel. Well established business with the same owners for 32 years. Property is comprised of one freestanding building, 8 transient units ranging from (5) kitchenette to (3) standard canal front rooms, one (1)- bedroom managers apartment, front desk, laundry and 170' of dockage. Incredible location with direct Overseas Highway exposure. The motel enjoys canal frontage, boat ramp , direct Gulf and Ocean access. Walking distance to Capt. Hooks Marina, Aquarium Encounters, restaurants & shopping. The property is well maintained and has had several upgrades in the past year (roof, landscaping, appliances, and more). Rated 4.5 stars on Trip Advisor. Own your piece of paradise in the heart of Marathon.
More Information MLS# 582363
Contract Information
Listing Board: Marathon/Lower Keys
Limited Representation: No
As is Rght to Inspct: Yes
Potential Short Sale: No
Bank Owned: No
For Sale/Lease: For Sale
Species List: No
Current Price: $1,600,000
Listing Date: 2018-10-17
Sold Price: $1,600,000
Location, Tax & Legal
Unit #: 8
City: MARATHON
Off Shore Island: No
Mile Marker: 53.5
Marathon Neighborhood: Vaca East (Vaca to Coco)
Side: Bay/Gulf
Flood Zone: AE,AE
Alternate Key #: 1439762
Parcel #: 00357710-000000
Zoning: MU - Mixed Use Commercial Mixed Use
Legal: HAWAIIAN VILLAGE PB4-70 FAT DER KEY LT 1 & PT LOT 2 BLK C & PT LOT 1 BLK D & W10' LOT 1 BLK G & ALL BLK F & PRIVATE RIGH
Taxes: 13010.9
Tax Year: 2017
Street #: 12020
Street Name: Overseas
Street Suffix: Highway
Key/Island: Marathon
State/Province: FL
Zip Code: 33050
Subdivision: Hawaiian Village (53.5)
County: Monroe
Area: 17 - Vaca Cut - Both Sides Holiday Inn/Key Colony
General Property Description
Realtor.COM Type: Commercial
Waterfront: Yes
Control Depth: 4
Lot Size: 50x95
Lot SqFt: 19230
Business Name: Royal Hawaiian Motel
Total Units: 0
Year Established: 1960-06-01
# Stories: 1
SqFt Source: Property Data Card
Total # Buildings: 1
Building SqFt: 3638
Style: Commercial
Living Apx SqFt: 3638
Year Built: 1960
Total Bedrooms: 9
Full Baths: 9
Total Baths: 9
Remarks & Misc
Remarks – Consumer: Rare to the market, waterfront Motel/Botel. Well established business with the same owners for 32 years. Property is comprised of one freestanding building, 8 transient units ranging from (5) kitchenette to (3) standard canal front rooms, one (1)- bedroom managers apartment, front desk, laundry and 170' of dockage. Incredible location with direct Overseas Highway exposure. The motel enjoys canal frontage, boat ramp , direct Gulf and Ocean access. Walking distance to Capt. Hooks Marina, Aquarium Encounters, restaurants & shopping. The property is well maintained and has had several upgrades in the past year (roof, landscaping, appliances, and more). Rated 4.5 stars on Trip Advisor. Own your piece of paradise in the heart of Marathon.
Deed Restrictions
No: 1
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Condo Doc's: No
Type
Hotel/Motel: 1
Fee Includes
None: 1
Misc Property Info
Recorded Plat: Yes
Dockage
Dock Length: 170
Dock: Wood
Boat Ramp: 1
Appliances
Refrigerator: 1
Property Info
# Kitchens: 6
# Efficiencies: 5
# Refrigerators: 6
# Washers: 1
# Dryers: 1
License Included: 1
Cooling
Wall/Window Unit(s): 1
Waterfront
Canal Front: 1
Electric
Circuit Breakers: 1
Waterview
Canal View: 1
Floor
Tile: 1
Interior Features
Drapes/Blinds Incl: 1
Furnished: 1
Windows/Doors
Sliding Glass Doors: 1
Vehicle Storage
Guest Parking: 1
Common Parking: 1
Construction
CBS: 1
Land Size
1/4 - 1/2 Acre: 1
Terms
Buyer Obtain Finance: 1
Utilities
FKAA: 1
Municipal Sewer: 1
Title
Title Ins - Buyer: 1
Property Rights
Transient License: 1
Miscellaneous
High Traffc Location: 1
High Visibility: 1
Highway Frontage: 1
Lobby: 1
Manager on Premises: 1
Pool: 1
Utility Building: 1
Auction Info
Auction: No
Financial Status
Bank Owned: No
Potential Short Sale: No
Shutters
Panel: 1
Status Change Info
Sold Date: 2019-08-19
Sold Price: $1,600,000
Status: Closed
Property Features
Deed Restrictions: No
Property Info: License Included
Type: Hotel/Motel
Waterfront: Canal Front
Waterview: Canal View
Dockage: Boat Ramp
Vehicle Storage: Common Parking; Guest Parking
Cooling: Wall/Window Unit(s)
Utilities: FKAA; Municipal Sewer
Interior Features: Drapes/Blinds Incl; Furnished
Appliances: Refrigerator
Miscellaneous: High Traffc Location; High Visibility; Highway Frontage; Lobby; Manager on Premises; Pool; Utility Building
Construction: CBS
Electric: Circuit Breakers
Shutters: Panel
Floor: Tile
Land Size: 1/4 - 1/2 Acre
Fee Includes: None
Terms: Buyer Obtain Finance
Title: Title Ins - Buyer
Property Rights: Transient License
Listing Office:
Berkshire Hathaway HomeServices Keys Real Estate
Last Updated: September - 10 - 2024
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.