Markey Marine Services

98250 Overseas Hwy, Key Largo, FL

$3,999,999

Price

4,052 sqft

Building Size

0.9263 acres

Lot Area

Overview
Building Size
4,052 sqft
Lot Area
0.9263 acres
Occupancy
100%
Units
1
Year Built
1986
Floors
2
Parking Spots
25
Description

"Enjoy the island life with your own business"
Markey's Marine Services is proud to offer their 39 year old company for sale, the sale will include the land, building and business.
Markey's Marine Services: Sales and Service of Mercury, Yamaha and Evinrude, this is a one stop for sales, service, maintenance, parts with three mobile trucks to service Key largo and Islamorada areas.
15 years running Markey's Marine has been awarded the prestigious Mercury CSI Award for Customer Satisfaction.
Markey's Marine Services has a loyal customer base and is in demand for new boat motors and repair service.
Whether you’re looking for a reliable and quiet motor for your trusty fishing boat, or more horsepower for watersports with your friends and family. Quality sales staff at Markey's Marine Service can guide you with a full range of lightweight engines from 2.5 to 400hp that will let you to make the most of your time on the water.
At Markey's Marine Service Inc, they make the entire process easy – they will help you find the best motor and system for your boat and quickly get you back on the water. Let them take the guesswork out of which components to buy, and trust their trained technicians to give your old boat new life right here in their facility. When you repower with Markey's Marine Service you can count on the best experience possible throughout the repower process and look forward to great experiences on the water.
As you can see from the description above this Business is ready for a new buyer to take over a successful thriving business. Boat sales on the property would be an added revenue stream and other type of water craft pleasure boats.
For a private tour of the property, please contact David Joseph at davidjoseph@keyes.com 561-789-7726 and Sherry Mason at sherrymason@keyes.com 954-995-2025.
Thank you for your interest in this Business and Property.



Unincorporated Monroe County. Mile Marker 98.2
The sale consists of two parcels of land and buildings. Parcel #1 - 98250 Overseas Highway, Key Largo, Florida.
Building Size: 4052 sq. ft. and 2000 sq. ft. Mezzanine, Lot Size: 19,500 sq. ft. Parcel #2 - 98250 Overseas Highway, Key Largo, Florida. Land only 20,850 sq. ft. Total land area 40,350 sq. ft. / .9263 of one acre. The frontage of the property is 130 ft. on the Southbound lane of Overseas Highway and 130 ft. on the Northbound lane of Overseas Highway.
Zoning for the two properties are SC/Suburban Commercial.
Permitted Uses:
Commercial retail of low- and medium-intensity and office uses or any combination thereof of less than twenty-five hundred (2,500) square feet of floor area; institutional residential uses involving less than twenty (10) dwelling units or rooms; commercial apartments involving less than six (6) dwelling units; commercial recreational uses, including bowling alleys, tennis and racquet ball courts, miniature golf and driving ranges, theaters, health clubs, swimming pools, institutional uses, and public buildings.
Motels of fewer than twenty-five (25) rooms.
Most commercial sites are located along Overseas Highway. Commercial development are comprised of low-rise retail and office buildings, gas stations, hotels and motels, restaurants, and mixed-use properties. Several motels, restaurants and marinas are located away from Overseas Highway along the Atlantic Ocean and Florida Bay. Properties of note within central Key Largo are the Waldorf Plaza, which is a 56,000 square foot neighborhood shopping center, with an Office Depot, Marina Del Mar, the Pink Plaza (61,000 square feet), Walgreen’s and CVS Pharmacy. Because of the restrictions on new commercial development, most of the commercial construction has been limited to redevelopment using existing building square footages; as was the case with the Walgreen’s and CVS Pharmacy.




Phase one report dated July 2021: Conclusions. Full report is available upon request.
GEG has performed a Phase I Environmental Site Assessment in conformance with the scope
and limitations of ASTM Practice E1527-13 of the subject property located at 98250 Overseas
Highway, Key Largo, Monroe County, Florida. This assessment has revealed no evidence of
recognized environmental conditions that are suspected of impacting the subject property.
No offsite REC appear to have impacted to the property.
Flood Zone Description: The property is located in FEMA Zone X, which is not within the 100-year flood plain as indicated on Map Panel 12087C0929K, dated 2/18/2005. Chain link fence, 25 Parking spaces on asphalt and gravel, necessary electrical, waste water and water supply infrastructure. Topography Level at street grade; drainage appears adequate.
The property is connected to central sewerage.
There is an “Adverse Possession Claim” which has been submitted as the subject’s owner has been paying the property taxes for said Parcel 00090571-000000. Nonetheless, the parcel has not been formally deeded to the subject’s
ownership and the site area is bound by the survey – 19,500 square
feet contained in subject parcel 00090570-000000. Please see the boundary survey and tax map as to the encroachment, it is not considered to have an impact because the encroached parcel is under the adverse possession claim, which there is no opposition. The owner is automatically granted possession after paying the property taxes for a period of seven. November 2021 marks five years paid, two years left. (Note: Seller is seeing if it can be cleared up now)

Fork lift

Highlights
  • Markey's Marine Services is proud to offer their 39 year old company for sale, the sale will include the land, building and business.
  • Markey's Marine Services has a loyal customer base and is in demand for new boat motors and repair service.
  • Markey's Marine Service you can count on the best experience possible
  • Markey's Marine Services: Sales and Service of Mercury, Yamaha and Evinrude, this is a one stop for sales, service, maintenance.
Documents

Location