243 61 StMarathon, FL 33050

This exceptional turnkey opportunity presents a rare chance to acquire the established Tropical Cottages, a highly profitable 13-room hotel/motel in Marathon, Florida. Situated on six lots totaling 24,384 square feet (.56 acres), this charming property boasts nine buildings: eight freestanding cottages and a main building with three rooms. Each room has undergone tasteful tropical renovations and is uniquely furnished, many featuring kitchenettes. New Victorian shingle roofs adorn the cottages. The property includes a large Tiki Hut and Bar, plus a food truck currently leased for $5,000 per month, significantly boosting income. A full laundry room with commercial-grade washers and dryers, along with ample storage, ensures efficient operations. The property benefits from a long-term, efficient staff. The property enjoys deeded waterfront access at the end of 61st Street, providing convenient boat ramp and staging access. The property's Mixed Use Commercial zoning (MU) allows for diverse uses. Built in 1954, this 4,461 square foot property offers 11 valuable transient licenses. The asking price is $6,290,000. Seller financing may be considered for qualified buyers with a substantial down payment (40-50% or more). Terms are negotiable.