Profitable Boutique Motel for Sale in Marathon, Florida Keys
Tropical Cottages
Financial Details
- Asking Price:
- $5,999,000
- Profit Metric:
- NOI
- Location:
- Marathon, FL, US
- Source:
- Date:
- September 16, 2025
Key Highlights
Description
This listing presents a profitable boutique 'Mom and Pop' motel, Tropical Cottages, located in Marathon, Florida Keys. The property features 13 rooms spread across 9 buildings, including 8 adorable free-standing cottages with new roofs, all tastefully renovated and fully furnished. Most units include kitchenettes. The business operates with owner management and an autopilot system, supported by online check-in and a dedicated housekeeping staff. It benefits from repeat customers and online booking sites. Additional amenities include a commercial laundry room, a large Tiki Hut & Bar, and a Food Truck with seating, which are leased separately. The sale encompasses 6 lots totaling .56 acres with ample off-street parking, GC zoning, and recognized Hotel/Motel land use. A significant bonus is the deeded waterfront access with a boat ramp. The motel has been under the same family ownership since 2010 and has a history of generating substantial net income. Seller financing may be considered for qualified buyers with a substantial down payment.
Industry Information
- Industry Description:
- Hotel/Motel
- Classification:
- Travel
Operational Snapshot
- Year Established:
- 1954
Real Estate & Lease
- Status:
- Included
Assets & Inventory
- Includes FF&E:
- Yes
Broker Contact
- Name:
- Curtis Skomp
- Company:
- RE/MAX Keys Connection
- Phone:
- 786-751-2504
Listing Details
- Listing ID:
- a8d21ff5-9bd4-45ce-a53f-30bd2041c3aa
- Source Listing ID:
- 2217410
- Deal Status:
- For Sale
- Last Updated:
- September 16, 2025
- Currency:
- USD