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11711 Overseas Highway Highway

Marathon, FL 33050
  • $475,000
  • STATUS: Active
  • ON SITE: 148 Days
  • MLS #: 596218
Price Reduced
UPDATED: 37 min ago
$475,000
  • 0
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 2
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
Built:
1957
County:

School Ratings & Info

Description

Your business opportunity awaits w/this Profitable, well-Established Eatery in the Florida Keys! Known as a ''local's favorite'' this family owned, full service restaurant, seafood & meat market has a steady, long standing 19 yr. reputation of excellence proven by their nearly 5 star ratings. Turnkey business conveying w/ authentic menu, seasoned staff, equipment (approx. $100k), inventory & the seller is willing to assist w/ transition. Licensed for 30 seats, 2COP license plus a license to wholesale saltwater products. Over 30% cap rate w/ Enormous opportunity to increase by opening on weekends, holidays & mo. of Sept. Fair 5 yr. lease in place w/ option to renew for 5 more yrs. Highly visible location right off US-1 attracts not just the locals but approx. 5.1 million tourists that travel to the FL Keys each year. Seas the opportunity! Business only, building not for sale. https://www.floridalobster.com/

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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than KeyIsle Group | eXp Realty are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
www.keyislegroup.com/homes/117557233
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11711 Overseas Highway Highway Marathon, FL 33050

  • Price: $475,000
  • Status: Active
  • Updated: 37 min ago
  • MLS #: 596218
0
Beds
0
Baths
2
½ Baths
0.2
Acres
1957
Built
Neighborhood:
Little Venice #2 (53.0)
County:
Monroe
Area:
16 - Sombrero Bch Rd To Vaca Cut - Oceanside
Property Description
Your business opportunity awaits w/this Profitable, well-Established Eatery in the Florida Keys! Known as a ''local's favorite'' this family owned, full service restaurant, seafood & meat market has a steady, long standing 19 yr. reputation of excellence proven by their nearly 5 star ratings. Turnkey business conveying w/ authentic menu, seasoned staff, equipment (approx. $100k), inventory & the seller is willing to assist w/ transition. Licensed for 30 seats, 2COP license plus a license to wholesale saltwater products. Over 30% cap rate w/ Enormous opportunity to increase by opening on weekends, holidays & mo. of Sept. Fair 5 yr. lease in place w/ option to renew for 5 more yrs. Highly visible location right off US-1 attracts not just the locals but approx. 5.1 million tourists that travel to the FL Keys each year. Seas the opportunity! Business only, building not for sale. https://www.floridalobster.com/
Exterior Features

Building Style Ground Level Construction Cbs Dockage None Miscellaneous High Traffc LocationHigh VisibilityHighway FrontageOther MiscellaneousPatioStorage Off Street Parking Yes Parking Spaces 14 Roof Tar/Gravel Roof Side Ocean Style Business Opportunity Vehicle Storage Cars 4+ View None Waterfront YN No Waterview None

Interior Features

Cooling Heating Ceiling FansCentral A/C Floor Tile Floor Furnished Turnkey Finished Sq Ft Building 2300.00 Windows Doors Single Hung Windows

Property Features

Business Name Fish Tales Market Business Opp City Business Type Grocery/ConvenienceLiquor LicenseOther - See RemarksRestaurant/Bar Business Type1 Restaurant & Market City Marathon Fixtures And Equipment 100000.00 Inventory Amount 20000.00 Liquor License 2 Cop (Beer & Wine) Listing Board Marathon/Lower Keys Mile Marker 53.00 Off Shore Island No Property Rights Other - See Remarks Rent Amount 2000.00 Security Patrolled Area Sq Ft Source Property Data Card Tax Year 0 Taxes 0.00 Tenant Paid CableElectricGarbageGasInsuranceWater Time Left On Lease 5 Years Total Units 1.00 Utilities FkaaMunicipal Sewer Year Established 2002-01-01 Zoning Mu - Mixed Use Commercial Mixed Use

Listing courtesy of David Grego of Island Breeze Realty, Llc.


The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than KeyIsle Group | eXp Realty are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
 
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KeyIsle Group | eXp Realty
22974 Overseas Highway
Cudjoe Key FL, 33043