212 Casey Key Road
Nokomis, Florida FL 34275-3320
$15,750,000 Price
Active Status
15,069 SqFt
1.110 Acres
A4534644 Listing ID
Escape Resort and Marina is a rare opportunity to purchase a profitable boutique resort that exudes a tropical sophistication that is rarely found. This tropical oasis is comprised of seven buildings with 29 bedrooms and 31 bathrooms that have very recently been thoughtfully reconstructed. This Casey Key resort is located on over one acre of lushly landscaped waterfront paradise that is only steps from the pristine sand and welcoming waves of the Gulf of Mexico and located near delicious waterfront restaurants and world class shopping. The lushly landscaped paver walkways lead to 14 expansive rooms each open onto the outdoor patios & balconies with many rooms having a waterfront view. All recently reconstructed rooms have been extensively renovated with features that include all new roofs, electrical and plumbing, HVAC and mechanical systems, new drywall with wall to ceiling finishes, new flooring throughout, new category 4 windows and doors and light fixtures. Each room offers new full-sized kitchens with high quality cabinetry, countertops and stainless-steel appliances, flat top stoves, microwaves, and dishwashers. Rooms range from 3 bedroom 3 baths to large one-bedroom suites with many rooms that have adjoining doors providing multiple ways to increase resort revenue income. Onsite, guests enjoy a large pool and sundeck, hip, fun common areas including a beautiful waterfront clubhouse with full kitchen, a waterfront amphitheater with firepit, BBQ grilling areas, bicycle and kayak rentals, and workout facilities. The enormous modern rooms are styled to perfection and adorned with flat-screen TV’s, free Wi-Fi, and high-end furnishings. The attention to detail is awe inspiring as represented by the high guest review ratings and return clientele. This is a very profitable resort that has consistently experienced year after year increases in occupancy/ADR with very strong projections for the remainder of 2022. The recently reconstructed 15 dock marina provides an additional generous steady stream of income. The marina is located on sailboat water and can accommodate boats up to 50 feet, contains up to 50-amp electric, water, nine 20-foot finger pipers as well as one covered boat slip with lift. Escape Resort is truly a premier year-round waterfront resort and marina. The demand for waterfront island Vacation Rentals is extraordinary and this resort stays consistently full. Escape Resort and Marina is located on coveted Casey Key Island nestled just south of world-renowned Siesta Key and quaint Venice Island and is a short drive into Sarasota, the cultural capital of the south. This island has very little accommodation competition and rooms can be rented nightly, weekly, or monthly. This Florida island beach lifestyle includes awe-inspiring sunsets and guests enjoy this amazing experience. With all of the upgrades recently completed, this is a turn-key investment for any entrepreneur or experienced hotelier that will bring tremendous cash flow while enjoying a true Island beach experience. Please DO NOT walk the property without permission and DO NOT disturb Seller or Employees.
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Status Active
County Sarasota
Subdivision Acreage & Unrec
Year Built 1965
Property Type Commercial Sale
Commercial Sale
Property Sub Type Hotel/Motel

Primary Features

County: Sarasota
Property Sub Type: Hotel/Motel
Property Type: Commercial Sale
Subdivision: Acreage & Unrec
Year Built: 1965
Zoning: RSF1

Interior

Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
Building Area Units: Square Feet
Building Features: Bathrooms, Furnished, Kitchen Facility, On Site Shower, Reception, Seating, Solid Surface Counter
Ceiling Type: Drywall
Cooling Type: Central Air
Flooring: Carpet, Ceramic Tile, Hardwood
Heating Type: Central
Living Area Meters: 1399.96
Number of Conference Meeting Rooms: 1
Number of Offices: 1
Number of Restrooms: 31
Other Equipment: Irrigation Equipment

External

Construction Materials: Block, Stucco, Wood Frame
Foundation Details: Slab
Lot Features: Waterfront
Lot Size SqFt: 48315
Lot Size Square Meters: 4489
Other Structures: Other
Parking Features: Parking Spaces - 19 to 30
Road Frontage Type: County Road
Road Surface Type: Asphalt
Sewer: Septic Tank
Total Acreage: 1 to less than 2
Total Number of Buildings: 7
Utilities: Water Connected
Vegetation: Mature Landscaping, Trees/Landscaped
Water Access: yes
Water Access Type: Bay/Harbor, Beach - Access Deeded, Beach - Private, Gulf/Ocean, Intracoastal Waterway, Marina
Water Extras: yes
Water Extras Type: Boathouse, Dock - Composite, Dock - Slip Deeded On-Site, Dock w/Electric, Dock w/Water Supply, Fishing Pier, Lift - Covered, Sailboat Water, Seawall - Concrete
Water Frontage Feet Bay Harbor: 280
Water Source: Public
Water View: yes
Water View Type: Bay/Harbor - Full, Gulf/Ocean - Partial, Intracoastal Waterway, Marina
Waterfront: yes
Waterfront Features: Bay/Harbor
Waterfront Feet Total: 280

Location

Building Area Source: Public Records
Building Area Total: 17196
Community Features: Beach Area
Country: US
Flood Zone Code: AE
MLS Area Major: 34275 - Nokomis/North Venice
Township: 38S

Financial

Current Price: 15750000.00
Net Operating Income: 1154133
Special Listing Conditions: None
Tax Annual Amount: 45510.72
Tax Year: 2021

Zoning Info


Listing information courtesy of A Young Realty Group Inc.

Listing information ©My Florida Regional MLS DBA Stellar MLS 2022. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale. Availability of any listing should always be independently verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may violate relevant federal and state law. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Data last updated on Monday, September 26th, 2022 at 08:08:36 PM.
#IDX-primaryPhoto,#idx-details-header Listed by: A Young Realty Group Inc 941-966-8889

Contact - Listing ID A4534644

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WALT BETHEL

2815 Tamiami Trail
Punta Gorda, FL 33950
Phone: 8639901748
Phone Alt: 8639901748

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