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243 61st Street
Marathon FL 33050 US

$5,900,000

Active Listing ID 621147
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13 bed
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4,557 square feet
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13.00 Bath (13 Full)
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Lot: 0.56 Acres
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Other

$5,900,000

Active Listing ID 621147
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243 61st Street 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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Property Features

  • Facts
  • Lot Size: 0.56 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 13
  • Cooling System: Central Air
  • Roof Type: Other, Metal

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 5900000
  • unparsedaddress: 243 61st Street
  • postalcity: Marathon
  • stateorprovince: FL
  • country: US
  • postalcode: 33050
  • bathroomsfull: 13
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.56
  • lotsizeunits: Acres
  • lotsizearea: 0.56
  • livingarea: 4557
  • livingareaunits: Square Feet
  • latitude: 24.718515
  • longitude: -81.070861
  • listagentfullname: Curtis A Skomp, CCIM
  • listagentemail: cskomp@remax.net
  • listagentkey: 3yd-KWARFL-20080326131326952342000000
  • listagentmlsid: kwa.1114
  • listagentpreferredphone: (305) 745-9088
  • listofficekey: 3yd-KWARFL-20140117221141631400000000
  • listofficemlsid: 263510498
  • disclaimer: Copyright © 2026 Key West Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: KWARFL
  • yearbuilt: 1954
  • listingcontractdate: 2026-08-29
  • listagenturl: www.FloridaKeysCommercial.com
  • countyorparish: Monroe
  • parcelnumber: 00338430-000000
  • appliances: Refrigerator, Washer, Dryer
  • cooling: Central Air
  • constructionmaterials: CBS, Frame, Manufactured, Combo Construction
  • numberofunitstotal: 11
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 0
  • parkingfeatures: Guest, Off Street
  • roof: Other, Metal
  • view: Water
  • waterfrontyn: False
  • franchiseaffiliation: None
  • rooms: Bathroom 7, Bathroom 11, Bedroom 8, Bedroom 4, Bathroom 12, Bedroom 9, Bedroom 13, Bathroom 4, Bathroom 8, Bedroom 6, Bathroom 9, Bathroom 13, Bedroom 1, Bedroom 12, Bathroom 3, Bedroom 3, Bedroom 11, Bedroom 5, Bathroom 2, Bathroom 6, Bedroom 2, Bedroom 10, Bathroom 5, Bedroom 7, Bathroom 1, Bathroom 10
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -81.07086, 24.718515
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Internet Realty/Florida Keys Inc (KW)", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"cskomp@remax.net", "ListBrokerageCity":"Summerland Key", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"Internet Realty/Florida Keys Inc (KW)", "ListBrokeragePhone":"(305) 745-9088", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":"FL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"24752 Overseas Hwy", "ListBrokerageWebsiteUrl":"http://www.", "ListOfficeAddress1":"517 DUVAL STREET SUITE 200", "ListOfficeAddress2":"", "ListOfficeBrokerMlsId":"20140117221141631400000000", "ListOfficeCity":"Key West", "ListOfficeCountry":"US", "ListOfficeEmail":"cskomp@remax.net", "ListOfficePostalCode":"33040", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"Commercial Sale, Marathon, FL", "ListingURL":"https://listings.listhub.net/pages/KWARFL/621147/?channel=rexren", "MLSModificationTimestamp":"2026-08-29 12:53:44", "Neighborhoods":[{"Description":null, "Name":"Marathon Heights (50.5)"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":19951, "TaxDescription":"MARATHON HEIGHTS PB2-83 KEY VACA LOTS 3 THRU 8 BLK 1 G42-19 G47-537 OR547-1030 OR724-21 OR950-1411D/C OR960-185R/S OR983", "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 8/29/2026 12:55:08 PM GMT
Source Updated Date: 9/5/2026 12:48:41 PM GMT

Courtesy of: Curtis A Skomp, CCIM, RE/MAX Keys Connection (KW), cskomp@remax.net

Copyright © 2026 Key West Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.