Confidential Listing
Land | 67,894 SqFt
Marketing description
Offered at a 7.5% Cap Rate, this landmark waterfront restaurant and marina in Marathon presents a rare opportunity to acquire a well-established, income-producing property with exceptional long-term potential.
Situated on a 1.56-acre oceanside lot with owned bay bottom, the property features a popular restaurant offering both indoor and outdoor dining, currently serving beer and wine with the opportunity to add a full liquor license.
The deep-water marina includes 22 liveaboard boat slips accommodating vessels up to 48’ with an 8-foot control depth, as well as a full-service fuel dock with two 12,000-gallon gas tanks. Additional marina amenities include a bait and tackle shop, bathhouse, and laundry facilities for guests and tenants.
With ample on-site parking, high visibility, and absentee ownership, the property is positioned for immediate income and future operational upside. A rare find in the Florida Keys, combining hospitality, marine services, and real estate on a single, turnkey site.
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