Aerial view of a palm-lined property outlined in yellow near the water.
Aerial view of the outlined property, with several buildings, landscaped paths, palms, and street-side parking.
Aerial view of the outlined property among coastal homes and mangroves, with the ocean nearby.
Aerial view of the yellow-outlined property, with tropical homes, a lagoon, ocean, and highway nearby.
Furnished outdoor patio with lounge seating, palms, and privacy hedges.
Outdoor patio seating surrounded by tropical hedges and palm trees.
Brick patio with outdoor seating and turquoise chairs, surrounded by tropical palms and hedges.
Outdoor patio with wicker seating and turquoise chairs around a large thatched tiki hut.
Outdoor dining patio beneath a thatched roof, furnished with green tables and woven chairs.
Outdoor tiki bar with a thatched roof, bamboo counter, woven stools, and tropical plants.
Open-air tiki bar with a thatched roof, wraparound counter, and wicker stools.
Outdoor bar beneath a thatched tiki roof, with blue cabinetry, long counters, and tropical landscaping.
Pink gable-roofed structure with turquoise patio chairs, palms, and a hanging basket of red flowers.
Bedroom with a dark wood bed, vaulted white-beam ceiling, and beige walls.
Bedroom with a gray sofa beneath the window, a bed in the foreground, and a television showing a beach.
Compact kitchenette with a sink, tiled counter, microwave, and white cabinets.
Pale-blue building entrance with a stone facade, palm trees, bicycles, and patio seating.
Living room with a stone fireplace, vaulted wood ceiling, and colorful cushions on pale seating.
Bedroom with a pink bar counter, teal leaf-patterned wallpaper, and exposed wood ceiling.
Bedroom with teal palm-patterned wallpaper, exposed wooden ceiling beams, and a white bed with pale blue pillows.
Furnished reception area with a white counter, colorful blue cabinet, and beach-themed signs.
Bedroom with two white beds beneath an exposed wood-plank ceiling and beams.
Tiled bathtub and shower beside a bedroom with two white beds and a vaulted wood ceiling.
Bedroom with two beds, a green sofa, and a vaulted wood ceiling with exposed beams.
Single-story home with a covered porch, tropical palms, dense hedges, and a curved brick walkway.
Covered wooden porch with red Adirondack chairs, hanging flower baskets, and lush greenery.
Light blue house framed by tropical palms, with pink Adirondack chairs beside a brick garden path.
Blue living room with beige sofa, large sunlit windows, and dining table.
Bedroom with a light blue quilted bedspread, white headboard, blue walls, and window air conditioner.
Bedroom with lavender walls, vaulted white ceiling, and a bed with blue-and-white patterned bedding.
Compact kitchenette with pale blue walls, white cabinets, a stone counter, sink, coffee maker, and toaster oven.
Bedroom with a vaulted beamed ceiling, lavender walls, patterned bedding, and a sofa by the window.
Light blue cottage beside a brick garden path, pink Adirondack chairs, and tropical palms.
Turquoise house with a white roof, shutters, and a small patio seating area.
Bedroom with a dark wood bed, pale blue bedding, vaulted ceiling, and tropical palm artwork.
Bedroom with a dark wood bed, white curtains, matching nightstands, and a wicker chair.
Furnished bedroom with a compact kitchenette, dark dresser, wall-mounted air conditioner, and wicker chair.
Bathroom with a glass-enclosed tiled shower, white vanity, and framed sailboat artwork.
Three colorful cottages with Adirondack chairs in a palm-lined courtyard.
Three colorful cottages with outdoor chairs beneath palm trees.
Colorful cottages with Adirondack chairs, palm trees, and tropical greenery.
Brick patio with a picnic table beneath a teal umbrella and a large shade tree.
Shaded brick patio with picnic table, teal umbrella, and yellow-shingled home.
Blue bedroom with a white bed, coastal-patterned quilt, stained-glass window, and wicker chair.
Furnished blue bedroom with a patterned bedspread, framed shorebird prints, and a compact kitchenette.
Bedroom with blue walls, a white wardrobe, heron artwork, and a patterned bedspread.
Compact kitchenette with blue walls, white cabinets, a marbled counter, sink, and small appliances.
Mint-green house with purple patio chairs among palm trees and tropical landscaping.
Furnished bedroom with a large patterned bed, vaulted white ceiling, and small sitting area.
Furnished sitting and dining area with a vaulted ceiling, gray sofa, and glass door to a leafy patio.
Compact kitchen with a stainless steel sink, gray countertop, white appliances, and a window with blinds.
Bathroom vanity with a white sink and curved mirror beside an open door to a tiled shower.
Dining area with a glass-top table, black chairs, vaulted ceiling, and wide window with white blinds.
Turquoise cottage with white shutters beneath tropical trees, beside a sign reading “Tropical Cottages.”
Light-blue home with a raised white-railed porch and privacy screen, framed by palm trees.
Bedroom with blue floral bedding, pale blue walls, and a ceiling fan.
Furnished bedroom with a blue accent wall, floral bedspread, and compact kitchenette.
Compact kitchenette with wooden cabinets, a sink, countertop appliances, and a window air conditioner.
Covered outdoor shower with blue walls, a stone base, and a white sink beside the deck.
Tropical Cottages courtyard with a colorful mural-covered trailer, palm trees, and shaded outdoor seating.
Yellow cottage with blue Adirondack chairs on a brick patio, between pink and blue cottages.
Bedroom with a white bed, wood-plank partition, and large arched window.
Bedroom with a white bed, wicker loveseat, wall-mounted TV, and stained-glass window panels.
Kitchen with white cabinetry, a sink beneath a window, and a refrigerator beside the counter.
Bathroom vanity with granite countertop and oval sink beside a glass door with blinds.
Outdoor shower with a tiled wall and white privacy fence beside the home's entrance.
Kitchen with white cabinets, a sink beneath a window, and a glass-paneled door to a deck.
Blue cottage with white shutters and a gravel courtyard beside a yellow cottage.
Furnished bedroom with a blue-quilted bed, pale green walls, and a white vaulted ceiling.
Bathroom with pale green paneled walls, an oval mirror, and an open doorway to a tiled shower.
Outdoor dining area with a tropical-print food truck, picnic tables, and turquoise umbrellas.
Outdoor patio with turquoise umbrellas, picnic tables, and a thatched-roof tiki bar among palms.
Tropical courtyard with a curved brick walkway, palm trees, outdoor serving counter, and leaf-decorated food trailer.
Turquoise water between mangrove shorelines beneath a bright, cloud-filled sky.
VIEW PHOTOS
$5,900,000

243 61st Street

13 Beds 13 Baths 4,557 Sq.Ft. 0.56 Acres

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Description

A rare and unique income producing Hotel in Marathon. Tropical Cottages is a boutique & profitable Mom and Pop Motel. Total of 11 valuable Transient Licenses, 13 Rooms plus office with kitchen & check in room. 9 buildings on the property, 8 adorable free standing cottages with new Victorian shingle roofs & the main building with 3 rooms in good condition.
Each room has been tastefully and tropically renovated inside and out. Each room is unique & comes fully furnished.
Most of the units have small kitchenettes including sink with microwave and refrigerator. All units have refrigerator & microwave. Additionally, there is a large Tiki Hut & Bar along with Food Truck with seating area. The Food Truck and Tiki Bar are leased for $6,375 per mos on a short term agreement. The Motel is managed by Owners . The hotel runs on auto-pilot. Online check-in available with a good housekeeping staff as back up. Most of the business is from repeat customers, plus online booking sites are all utilized.
On site is a full laundry room with Commercial grade washers/dryers and storage rooms throughout. All housekeeping is done on site. Small, friendly & efficient staff has been there long term and willing to stay on with new owners.
There are a total of 6 lots encompassing over 1/2 acre of land, total .56 Ac or 24,384 sf.
Ample off street parking for guests. Zoning is GC and land use is recognized as Hotel/Motel. Bonus of Deeded waterfront access at the end of 61st St. which has a boat ramp and staging area for all types of watercrafts and sports.
Same family ownership since 2010. Tropical Cottages was started back in the mid 1950's as a Fish camp and is one of the few remaining Mom & Pop Motels throughout the Florida Keys. Motel generates substantial Net income year after year to current owners. Sellers may consider Seller Financing may be available to a qualified buyer. Terms to be negotiated.

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Location

243 61st Street, Marathon, FL 33050

Status

For Sale

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Bobby Coe standing on a beach beneath palm fronds.

Bobby Coe

TITLE

Broker Associate

PHONE

(305) 363-9665

EMAIL

[email protected]

CONTACT AGENT

Property Amenities

Interior
Appliances Dryer, Refrigerator, Washer
Flooring Other
Total Bedrooms: 13
Full Bathrooms: 13
Other Interior Features Drapes/Blinds Incl, Window Treatments, Furnished, Laundry Room
Area & Lot
Total area 4,557 Sq.Ft.
Lot Area 0.56 Acres
Living area 4,557 Sq.Ft.
MLS® ID 621147
Year Built 1954
View Description No Waterview
Type Commercial
Status For Sale
Exterior
Stories 1
Air conditioning Central Air
Parking Common Parking, Guest, Off Street
Roof Metal, Other
Finance
Sales Price $5,900,000
Real Estate Tax $19,951 yearly
Aerial view of the outlined property, with several buildings, landscaped paths, palms, and street-side parking.

Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Thank you for your interest in 243 61st Street, Marathon, FL 33050. We are reviewing your request and will be in touch shortly!
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BOBBY COE

(305) 363-9665

[email protected]



517 Duval St. Ste. 200

Key West, FL 33040