Title of Property: Hotel/Commercial
Street Name: SOUTH BIMINI AIRPORT ROAD
Area: South Bimini
Island: Bimini
Listed Price: $725,000
Property Type: Building and Land
Commercial: Mixed
Business Type: Restaurant/Bar
Major Type: Hotel/Resort
Multi-Family: Other
SqFt Total: 7200
Currency: USD
Lot: 4,5,&6
Lot Depth: 100
Lot Width: 150
Lot Shape: Rectangle
Lot SqFt: 15000
Amenities: Air Conditioning Fully, Balcon
Legal Description: Hotel/Commercial Business
Sale or Rent: For Sale Only
Unit Rentable Area: 7200
Year Built: 1960
Description: The Thirsty Turtle Yacht Club Marina is located on the island of South Bimini, approximately 50 miles east of South Beach Miami, Florida. The building contains 16 guest rooms and 16 bathrooms in a three storey 60 year old building. The restaurant is located on the Ground floor, There are Ten(10)bedrooms on the second floor and Six (6)bedrooms on the third floor. The entire building was renovated 12 years ago, including the electric and plumbing..The restaurant was newly renovated a year ago (Early 2020). Presently the building is fully rented, with the rented restaurant on a yearly basis and the rooms being rented on a weekly and monthly basis..Revenues have grown steadily due to the increased traffic created by the Airport’s new 8,000 foot runway and by new cruise ships with daily visits to Bimini. This opportunity is extremely beneficial for an investor to get started in the New Bimini!