Property Description

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 30 bedrooms and 28 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 2023. 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.

Features
: Central
: Central Air
: Parking Spaces - 19 to 30
: Ceramic Tile, Hardwood, Carpet
: Septic Tank
: Water Connected
: Bay/Harbor
Appliances
: Dishwasher, Dryer, Microwave, Refrigerator, Washer
Address Map
US
FL
Sarasota
Nokomis
ACREAGE & UNREC
34275
CASEY KEY
212
ROAD
W83° 31' 44.9''
N27° 7' 37.8''
From Sarasota, take US41/Tamiami Trail to Albee Road in Nokomis. Turn right (west) on Albee Road, over the bridge to Casey Key. Turn right (north) on Casey Key Road to the property on the right.
34275 - Nokomis/North Venice
RSF1
Additional Information
: Public
https://www.propertypanorama.com/instaview/stellar/A4534644
12950000
2022-05-10
: Enhanced Accessible
: Waterfront
: Slab
: Block, Stucco, Wood Frame
: Beach Area
17196
Financial
52677
Listing Information
281502914
281505083
Canceled
2024-01-25T18:22:09Z
Stellar
: None
2024-01-25T18:21:19Z

Commercial Sale For Sale

212 Casey Key Road, Nokomis, Florida 34275

15,069
$11,750,000
Listing ID #A4534644
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : A4534644
Price : $11,750,000
Square Footage : 15,069
Year Built : 1965
Lot Area : 1.11 Acre
Office Name : A YOUNG REALTY GROUP INC
Agent Name : Angelia Young
Property Sub Type : Hotel/Motel
Waterfront Yn : 1
Listing Status : Canceled
Agent info
Contact Agent