For more information on this property,
contact Greg & Rosanne Dully at 305-900-4232 or gregdully@remaxcommercialteam.com
11711
Overseas Hwy Highway,
MARATHON,
Florida
FL
33050
Sold For: $325,000
Listing ID 599897
Status Closed
Total Baths 2
Partial Baths 2
Year Built 1957
Property Description:
Terrific, money making Mom & Pop business. Perfect business for new owner/operators. Same owners nearly 20 years and retiring. Well known and a local's favorite 30 seat restaurant and Fish & Meat Market. Very favorable long term lease in a visible location on Overseas Hwy. Affordable rent of $2,500 per mos. plus sales tax & utilities. Gross near $740,000 in 2021 and strong net income. Includes business name, domain & website www.floridalobster.com, menu, all furniture, fixtures and equipment & agreed upon inventory. Room to grow by opening weekends, expanding retail lines, increasing prices and new blood! 4.5 Stars on Tripadvisor and #8 of 76 places to eat in Marathon. Financials are available to qualified buyers with a Confidential and Non-Disclosure Agreement.
Greg & Rosanne Dully
Title:
RE/MAX All Keys Commercial Team
Address:
98880 Overseas Highway
City:
Key Largo
State/Province:
FL
Zipcode:
33037
Office Phone:
(305) 998-5857
Cell Phone:
305-900-4232
Primary Features
Status:
Closed
Address:
11711 Overseas Hwy Highway
City:
MARATHON
State:
Florida
Postal Code:
33050
County:
Monroe
Subdivision:
Little Venice (53.0)
Remarks:
Terrific, money making Mom & Pop business. Perfect business for new owner/operators. Same owners nearly 20 years and retiring. Well known and a local's favorite 30 seat restaurant and Fish & Meat Market. Very favorable long term lease in a visible location on Overseas Hwy. Affordable rent of $2,500 per mos. plus sales tax & utilities. Gross near $740,000 in 2021 and strong net income. Includes business name, domain & website www.floridalobster.com, menu, all furniture, fixtures and equipment & agreed upon inventory. Room to grow by opening weekends, expanding retail lines, increasing prices and new blood! 4.5 Stars on Tripadvisor and #8 of 76 places to eat in Marathon. Financials are available to qualified buyers with a Confidential and Non-Disclosure Agreement.
Zoning:
MU - Mixed Use Commercial Mixed Use
Property Type:
Commercial
Property Sub Type:
Commercial
Year Built:
1957
Total Baths:
2
Half Baths:
2
Partial Baths:
2
Additional
1st Right of Refusal:
no
Control Depth:
0
Legal:
Business Leasehold Only No Real Estate Included
IDX City Name:
Marathon
IDX County Name:
Monroe
Latitude:
24.729698
Longitude:
-81.031218
Type 2:
Bar,Restaurant,Retail
Utilities:
Buyer to Verify
Sold Date:
2022-08-31T00:00:00+00:00
Sold Price:
$325,000
Listing Price:
$350,000
photo Count:
23
Location Information
Area:
16 - Sombrero Bch Rd to Vaca Cut - Oceanside
Key/Island:
Marathon
Mile Marker:
53
Parcel Number:
00346740-000100
Street Name:
Overseas Hwy Highway
Street Number:
11711
Interior Features
Appliances: Other:
YES
Financial Details
Bank Owned:
no
Fee Includes:
Other
Financial Status: Bank Owned:
no
Financial Status: Potential Short Sale:
no
HOA:
no
Potential Short Sale:
no
Tax Year:
2021
Taxes:
4862.65
Rent/Lease:
neither
Rent/Lease Price:
$350,000
External Features
Construction:
Concrete
Dockage:
None
Land Size:
Less Than 1/4 Acre
Lot SqFt:
8615
Side:
right
Style:
Commercial
Waterfront:
yes
Waterfront Type:
None
Waterview:
No Waterview
Zoning Info
©2024 Florida Keys MLS, Inc. The data relating to real estate for sale on this web site comes in part from the Florida Keys Multiple Listing Service. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Information is deemed reliable but not guaranteed. Data last updated: Thursday, April 18th, 2024 at 10:13:01 PM.
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