Coconut Cay RV Resort and Marina, Marathon, FL
The Background and Challenge
Confidential Offering
Coconut Cay RV Resort & Marina, located off the fabled Overseas Highway in Marathon in theFlorida Keys, features a 12 wet slip, liveaboard marina and 25 “one neighbor” RV sites, both of which are fullyoccupied. It also includes an adjacent property for future expansion. The combination of the RV park andmarina, and its location across from the Marathon Airport, along with expansion potential made this a valuableacquisition.
The Results
The transaction began when an investor contacted Simply Marinas eager to locate and secure a combinedmarina / RV destination in the Florida Keys. Simply Marinas used our market knowledge to locate this boutique,family-operated RV resort with convenient boat dockage, comprising the ideal property and matching thebuyer’s unique criteria. We had a strong relationship with the seller and represented both parties in thetransaction. The buyer presented a cash offer, and a contract was secured within two weeks.
People are talking ...
The recent sale of our marina was handled professionally and expertly by Simply Marinas. Michelle wasattentive to our needs and provided timely advice that aided in the smooth completion of our transaction. Iwould certainly use Simply Marinas again for any future purchases or sales.