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11711 Overseas Hwy Highway

Marathon, FL 33050
  • $350,000
  • STATUS: Active
  • ON SITE: 120 Days
  • MLS #: 599897
$350,000
  • 0
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 2
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1957
County:

School Ratings & Info

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.

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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 Expert Realty are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
www.keywestexperts.com/homes/126231181
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11711 Overseas Hwy Highway Marathon, FL 33050

  • Price: $350,000
  • Status: Active
  • On Site: 120 Days
  • MLS #: 599897
0
Beds
0
Baths
2
½ Baths
0.2
Acres
1957
Built
Neighborhood:
Little Venice (53.0)
County:
Monroe
Area:
16 - Sombrero Bch Rd To Vaca Cut - Oceanside
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.
Exterior Features

Construction Concrete Dockage None Land Size Less Than 1/4 Acre Lot Size 0 Side Ocean Style Commercial Waterfront None Waterfront YN Yes Waterview No Waterview

Interior Features

Appliances Other Yes

Property Features

Assoc Hoa YN No Assoc Right Of Refusal No Bank Owned No Bank Owned Financial Status No City Marathon Commercial Type BarRestaurantRetail Control Depth 0 Fee Includes Other Legal Business Leasehold Only No Real Estate Included Listing Board Florida Keys Mile Marker 53.00 Potential Short Sale No Potential Short Sale Financial Status No Property Type Commercial Tax Year 2021 Taxes 4862.65 Utilities Buyer To Verify Zoning Mu - Mixed Use Commercial Mixed Use

Listing courtesy of Gregory Dully of Re/Max All Keys Real Estate.


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 Expert 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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Expert Realty
517 Duval Street #205
Key West FL, 33040